What is the Mortgage Loan Process for Today?

The Mortgage Loan Process
The loan process for borrowers in 2011 is often reported incorrectly, but there are certain items that have become standard in today’s lending market that simply were not required in the growth years of 2003-2007.  First of all, every borrower should be prepared to provide full documentation of income and assets for every loan.  Once the lender has had an opportunity to evaluate the borrower’s credit, income, property type and of course transaction type (either a purchase or a refinance), then possibly less documentation may be allowed.

If you are self employed, the golden rule is this “You must report income for a lender to qualify you for a loan”.  Many borrowers believe that the…

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Five Guys Burgers and Fries in Sarasota

  New to Sarasota - Five Guys Burgers and Fries has opened a new location in Sarasota.  Located at the Stickney Pointe shopping plaza, 6593 South Tamiami Trail, which is at the corner of Route 41 and Stickney Pointe.  This is near the entrance to the south bridge going onto Siesta Key.

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Five Guys Burgers and Fries” is easy to find…..
                            
                                It is right next door to Weight Watchers!!!      LOL!

I am not kidding.  My husband Greg and I went there on a Saturday evening just a few days after their opening and the place was busy, busy, busy. And for only being open a few short days the staff was well trained, friendly and happy to serve you.  This is a great…

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This home located at 3820 Prairie Dunes in the newest Home for Sale in the Country Club of Sarasota.  This is a spectacular home located directly on the golf course of Prestancia giving you great views.  Homes for sale in the Country Club of Sarasota typically give you privacy, well maintained homes and outstanding views of the Prestancia golf course.  This home enjoys all of the benefits of the Country Club of Sarasota and has been completely updated. 

Home for Sale in the Country Club of Sarasota

This is a 3 Bedroom and 3 Full Bathroom 2,060 sq. ft., pool home, with a southerly exposure.  If you are currently looking at all of the homes for Sale in the Country Club of Sarasota then you will find this home to be above the rest.  Here is a list of the recent upgrades that make this home so…

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The Sarasota Real Estate market continues to climb with a lower inventory of homes for sale and an uptick in the median prices.  As the news of the housing industry nationally can be grime and depressing, the Sarasota Real Estate Market is seeing a declining of the number of homes and condos for sale.  Inventory levels have shown a steady decline in the past 6 months to below what is considered a normal market. 

A normal real estate market is considered when the number of homes for sale and the rate of homes being purchased is at a 6 month level.  This is also referred to as the absorption rate.  The current inventory for single family homes in the Sarasota Real Estate Market is at a 5.9 month absorption rate.  Typically when the demand for houses is…

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Siesta Key Tropical Homes for Sale

Siesta Key in Sarasota has many Siesta Key Tropical Homes for Sale through-out this 8 mile long Island.  Siesta Key is a lush barrier Island off the coast of Sarasota and has 2 draw bridges that give you access to this tropical paradise.  Palm trees and tropical vegetation are everywhere and once you cross the bridge onto Siesta Key you will feel like you have driven into a different world. Siesta Key Tropical Homes for Sale

The pace of life is laid back and relaxed, the weather is warm, the wind is a balmy breeze, the people are friendly, and the waters are a warm tropical blue-green.  If you have ever traveled and enjoyed the Islands of the Caribbean, Siesta Key will feel like you are on an Island with the comforts of home and the relaxation of paradise.…

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This Condo is for sale in the Stoneybrook Country Club which is located in Palmer Ranch in Sarasota, Florida.  This is a first floor unit in the Veranda Greens section of the very desirable Stoneybrook Golf and Country Club gated community. 

Condo for Sale in the Stoneybrook Country Club

This Condo is located at 9540 High Gate Drive Unit #1411 and is on the market for $305,000.  This condo for sale in Stoneybrook Country Club is a beautiful end unit and is overlooking the Stoneybrook Golf Course.  You will enjoy watching the golfers from your enclosed lanai.  This condo has been meticulously maintained with a new AC unit, water heater and has been re-piped.  There is lots of living and closet space along with a one car garage.

If you are looking for an active, friendly, country club neighborhood in…

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Borrower -  Beware of possible recourse with that short sale or foreclosure.

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Ever since short sales and foreclosures began several years ago, there has been a growing consensus of opinion that at some time banks and lenders were not going to continue to let the borrower “off the hook” for the money owed. 

That time seems to have come according to this article written by Michael Pollick on Sunday June 19, 2011 in the Sarasota Herald Tribune.  Homeowner & Condo Associations along with Banks are becoming proactive in recovering deficiency judgments for the money owed on short sales, foreclosures and association fees.

Visit the link below to view the complete article and read how this may effect you if you are going to be a short sale or a…

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Sarasota Arts Education to partner with the Kennedy Center of Performing Arts

The Sarasota Arts Education will be partnering with the Kennedy Center of Performing Arts to expand art education in elementary and middle school.  Sarasota has become the 6th city to be chosen for the “Any Given Child” free initiative program that pairs local arts organizations and educators with staff members form the john F. Kennedy Center for the Performing Arts.  

Sarasota has long been recognized as the “Arts Capital of Florida” and has beaten 7 other Florida Cities and hundreds of cities through-out the country for this position. 

Carrie Seidman, of the Sarasota Herald Tribune published an article on Thursday, Jun 16, 2011 that explains all the details. 

Carrie…

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Land for Sale in Sarasota, Florida 

There is still plenty of Land for sale in Sarasota, Florida.  If you would like to view all of the current available parcels of land for sale in Sarasota, Florida and the surrounding areas you are best to visit our Land for Sale page.  By clicking onto this link you will be able to view available land for sale in Sarasota and in other areas such as land for sale on Siesta Key, Longboat Key, Bird Key, Casey Key, and other areas of Sarasota.

Please visit:  Sarasota Land for Sale – Lots for Sale in Sarasota


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There are currently almost 500 pieces of land for sale in the Sarasota, Florida area.  Prices are ranging from just under $100,000 to over $12,000,000 for land.  These prices include land that is for sale on the bay of…

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Siesta Key Sunsets

Siesta Key Sunsets

Siesta Key Sunsets are spectacular.  We often enjoy going for long walks on the beach of Siesta Key and having Siesta Key on the west coast of Florida gives us breathtaking water sunsets over the Gulf of Mexico.  Every time we are walking on the beach of Siesta Key you see rows and rows of people taking sunset pictures with their iphones, droids, small cameras, and very expensive large cameras on tri-pods. Siesta Key beach at sunset has become a very popular site for taking family pictures and for sunset weddings. 

Enjoy some of the latest pictures that I have taken of sunsets on Siesta Key. 

 

 

 

 

If you are thinking that you may want to enjoy this style of living on Siesta Key perhaps you would be interested in…

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