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Friday, March 27, 2009

'The Manor' is for sale in Holmby Hills for a cool $150 million
It's here!. The most gorgeous home in Hollywood is finally hitting the market. Two years after his death and just a week after his widow bought a new LA condo for $47 million, it appears the legendary home of later super-producer Aaron Spelling is for sale. The home, affectionately known as "the Manor," was originally bought in 1991 after being previously owned by Bing Crosby. But Spelling, whose shows practically raised us, didn't just renovate the massive property. Oh no! He spellingblog.jpeginstead decided to demolish it and replace it with a 123-room, 56,000 square-foor palace. According to the CBS affiliate in Los Angeles, uploaded here via Good Morning Yahoo!, Spelling's widow is asking for $150 million. The details on the property are still coming in slowly, although the video has some interior shots, but we already know it's the biggest home in Hollywood, not to mention the edifice that raised (presumably with the help of some well-paid domestic help) Tori Spelling. In the end, it all balances out.
Fri, March 27, 2009 | link

Thursday, March 26, 2009

Long-term mortgage rates hit record low

thumbnailCAXYH5CZ.jpgthumbnailCAXYH5CZ.jpgThe 30-year fixed-rate mortgage rate has dropped to its lowest level on record.

The average rate is the lowest in McLean, Va.-based Freddie Mac's weekly survey dating to 1971. Freddie Mac (NYSE: FRE) says its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 4.85 percent with an average 0.7 point for the week ending March 26, down from last week when it averaged 4.98 percent. Last year at this time, the 30-year FRM averaged 5.85 percent. The 30-year FRM has not been lower in the life of Freddie Mac’s weekly survey, which dates back to 1971 for the 30-year FRM.

The 15-year FRM this week averaged 4.58 percent with an average 0.7 point, down from last week when it averaged 4.61 percent. A year ago at this time, the 15-year FRM averaged 5.34 percent. The 15-year FRM has never been lower in the life of Freddie Mac’s weekly survey, which dates back to 1991 for the 15-year FRM.

Rates for 30-year FRMs peaked last year at 6.63 percent on July 24th. With this week's 30-yr FRM, the interest rate difference is almost 2 percentage points, which amounts to a savings of about $225 in monthly mortgage payments for a $200,000 loan.

Thu, March 26, 2009 | link

The Players Championship May 6-10, 2009 Ponte Vedra Beach Florida
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The fans of the PGA Tour have said they want some better deals as the slow economy stretches their wallets, and the organizers of The Players tournament at TPC Sawgrass in Ponte Vedra Beach are ready to deliver.

Among the value-added improvements to the tournament announced this morning:

• All fans 16 and under will be allowed in to the tournament for free, if accompanied by an adult with a ticket.

• In a nod to the warm weather in early May, the tournament will include hydration stations this year around the course, where water can be purchased for $2.50 a bottle.

• Fans can pick up a $5 lunch and beer sales will be extended one hour, to 6 p.m.

“We’ve listened to our fans,” said Players Executive Director Jay Monahan in a morning press conference. The tournament’s first round will be Thursday, May 7.

Thu, March 26, 2009 | link

Friday, March 20, 2009

What is the $8000 tax credit really about?
blogtx.jpegblogtx.jpegWhile at the office of Dr. Richard C. Talton, my wonderful chiropractor, the question was raised 'How do you get that $8000 when buying a new home?'  Well, I understand the high points of this new stimuli, but what about the nuts and bolts?  I found this website:

www.federalhousingtaxcredit.com/2009/resources.htmlblogtx.jpeg

This website goes beyond the first time homebuyer who purchases a principle residence between Jan. 1, 2009 and December 1, 2009 type info.

Check it out and then we'll begin the search for your dream home!
Fri, March 20, 2009 | link

Friday, March 13, 2009

Home Buyer Tax Credit Website Attracts More Than 840,000 Visitors
RISMEDIA, March 9, 2009-A record 844,000 prospective home buyers visited NAHB’s FederalHousingTaxCredit.com website in February to learn about the new $8,000 tax credit for first-time home buyers that was enacted last month as part of the landmark $787 billion economic stimulus package. “We are very pleased and encouraged that so many people are visiting our informational website at www.FederalHousingTaxCredit.com,” said Joe Robson, chairman of the National Association of Home Builders (NAHB) and a home builder from Tulsa, Okla. ”The spike in traffic on our website is a strong indication that the tax credit will help get some fence sitters into the market and will help breathe some life back into the depressed housing market.
“While we were disappointed that the tax credit was not larger and was not extended to all home buyers, Congress did make it a true tax credit,” Robson said. “Unlike the credit that was enacted in 2008, it does not have to be repaid.”
Daily site traffic at www.FederalHousingTaxCredit.com started building in the week before the economic stimulus legislation was enacted, and peaked at almost 59,000 on Feb. 18, the day after the legislation was signed.
NAHB anticipates that the tax credit will result in about 160,000 additional home sales in 2009.
For additional information about housing and home buying, visit www.NAHB.org.
Fri, March 13, 2009 | link









 

Fri, March 13, 2009 | link

Thursday, July 17, 2008

Jacksonville welcomes Deutsche Bank!


    http://www.farr40.it/2004/2004schedule.html 
Deutsche Bank will cut the ribbon to its new Jacksonville service center Wednesday at 5 p.m. The center is on Gate Parkway in Jacksonville Florida.

Thu, July 17, 2008 | link

Thursday, July 10, 2008

Foreclosures, tax deeds available online
According to this morning Jacksonville Times-Union Thursday July 10, 2008 you don't have to go down to the courthouse any more to bid on foreclosed properties.  The traditional method had a prospective bidder begin gathering information from the files of properties to be auctioned at the Clerk of the Courts located downtown at 330 E. Bay St. Jacksonville, FL 32202.  It is also helpful to be familiar with the property you are going to bid on, seeing the subject property is ideal so that you can evaluate what work or repair is required.  Then of course do your research to find out the amount of outstanding debt or liens on the property.  After the day the property will be auctioned is determined you now know when to show up at the courthouse.  Of course you always hear the auction is on the courthouse steps, but this picture taken last week at a property auction indicates the way it is done in Jacksonville, Florida - inside the courthouse lobby.
          
court.jpg court.jpg
At this particular auction, they presented 19 properties in 13 minutes.


Gov. Charlie Crist signed a measure to authorize the county Clerk of Courts to present properties in online auctions and accept deposits and payments electronically.  The software was developed by Pittsburgh based Grant Street Group.  This software will allow the auctions to be automated, eliminating the work and expense traditionally related to these auctions. 

The courthouse hours are 8:00-4:30, with the online option you are able to access the information at a time and location that is convenient to you.

Thu, July 10, 2008 | link

Saturday, May 3, 2008

St. John's Town Center Jacksonville, FL

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From the 'seen around town' category - St. John's Town Center has added 'Wasabi' to the list of restaurants open for business.  As this area of Jacksonville becomes more attractive, the list of shopping and reataurants becomes a little more impressive!  I have heard that it is developing the reputation of Jacksonville's 'Buckhead' area.  You have everything from Target and Old Navy to Louis Vuitton and Kate Spade for shopping and Chick-fil-A to Capitol Grille.  There is truly something for everyone!

Sat, May 3, 2008 | link

Saturday, April 12, 2008

First Coast Happenings
Though we have had some great beach weather the last few days, there are some great things to do here in Jacksonville, FL.  For the tennis enthusiast, April 7-13 the Bausch & Lomb Tennis Championships at Amelia Island.  This event attracts over 50,000 spectators.  For more info please call 1.800.486.8366.  The Jacksonville Jazz Festival takes place downtown in a variety of venues, for information call 904.630.3690.  April 18-20 is the Jacksonville International Boat Show at the Downtown Riverfront.  This is the largest in-water boat show in the region!  For more information: 904.673.0093. 
Sat, April 12, 2008 | link

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