$45,900.Apartment 2/2 next to New Baptist Hospital

PARK VIEW Apartment on 1st.Floor. next to new Baptist Hospital and Hotels and Shopping Center, near by Homestead Rice Track, Easy access to Florida Turnpike Exit #2. This Apartment on first floor has 2Bedrooms, Walking closet, 2Bathrooms, kitchen w/eating space, Laundry closet. Storm Shutters . Short Sale, The sale of this property at full listing price may conditioned upon approval of third parties and subject to a pay-off seller's approval. Co-owner a real estate agent. Gross commission could be reduce by lender. CASH OFFER must be submit with proof of funds bank letter.
Listing by C1first Realty,Inc
www.C1first.com
Ph#305.790.1338
MLS# D1363561

Short Sale Fees

 In discussions between NAR and Fannie Mae, Fannie Mae has reconfirmed its short sale commission policy and established a process for REALTORS® to follow if issues arise. On February 24, 2009, Fannie Mae sent Announcement 09-03 to its servicers instructing them not to negotiate commissions on short sales below the amount negotiated by the listing agent, unless the commission exceeds 6 percent. The Announcement reminded servicers that third party approvals (i.e., private mortgage insurers) may be required and can affect commissions. In response to concerns raised by NAR that some servicers of Fannie Mae loans are unaware of this policy or believe it is not binding, Fannie Mae has established a process for NAR members when short sale commission issues arise.

U.S. Economy: April Pending Home Resales Surge 6.7%

Today Bloomberg edition:

“The market is crawling back and maybe the turn is here,” said Ken Mayland, president of ClearView Economics LLC in Pepper Pike, Ohio, whose projected 4 percent gain was the highest in a Bloomberg survey. “Foreclosures are moving through the system and that is a fundamental part of the process of restoring equilibrium in the housing market.”

Pending resales are considered a leading indicator because they track contract signings. NAR’s existing-home sales report tallies closings, which typically occur a month or two later. The group, whose pending data goes back to January 2001, started publishing the index in March 2005.

Distressed Properties

Still, the gains in pending sales have been larger than actual home resales in recent months, perhaps reflecting the influence of foreclosures. Sales of distressed properties are taking longer to close because they require lender approval, Lawrence Yun, chief economist at the Realtors’ group, said in a statement. Moreover, some of these contracts fall through before a transaction is completed, he said.

“The market has already bottomed in some areas, but this is an unusual housing cycle with some areas improving rapidly while others languish or decline,” Yun said.

Builder shares rallied on signs the market is stabilizing. The Standard & Poor’s Homebuilder Supercomposite index closed up 2.8 percent at 221.35. The S&P 500 index climbed 0.2 percent to 944.74. The Treasury 10-year note rose, pushing the yield down to 3.61 percent at 4:17 p.m. in New York from 3.68 percent late yesterday

VistaPrint quality ??

Has anybody had a BAD experience with vista Print  products?. BECAREFUL with some of then, car door magnets and similars I don't recomend it, they said it has ONLY 60 days of live (guarantee) after that they are PEELING OFF like mine that I bought 8o days ago.Yes, my customers don't  like it either.

C1first Realty, Inc
Cesar Salamanca
Broker® GRI,TRC,e-PRO®.
Ph# 305-790-1338 
Fax  888-569-0591
Cesar@RealtorCesar.com
C1firstRealty@gmail.com
www.C1first.com
www.RealtorCesarS.com