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Tax Consequences for Short Sales
January 9, 2012
Author: Elsie Kempsey, GREEN
You may owe federal income taxes in 2013 if you have a short sale, foreclosure after this year. The government is giving homeowners until Dec. 31, 2012, to go through a short sale or foreclosure without tax consequences provided your lender officially releases the debt. You must make sure that y [Read More]
2012 Predictions for the Real Estate Market
January 6, 2012
Author: Elsie Kempsey, GREEN
It seems like it is going to be good news. The market is going to come back but slowly, according to all the articles I have read. We get various realtor magazines as realtors and those are the predictio As a realtor in Hernando County (Spring Hill, Weeki Wachee and Brooksville), we have seen less [Read More]
Weeki Wachee Yard Sale Saturday January 14 2012
January 5, 2012
Author: Elsie Kempsey, GREEN
HUGH YARD SALE in the parking lot of the Weeki Wachee Springs Park on SR 19 just south of SR 50. There are going to be 50 vendors and all kinds of fun stuff! It is from 9 - 3. See you there. We will always keep you posted. Have a great day and enjoy! ELSIE KEMPSEY & JULIE LUDOVICO Team Tropic [Read More]
Housing Market is Turning
December 6, 2011
Author: Elsie Kempsey, GREEN
Goldman Sachs reported that the housing market is recovering and they believe it has reached the bottom. The national decline in the housing market from 2007 was approximately 35%. It is predicted that it may decline another 2.5% in 2012 and then start going up again. However, the belief is it will [Read More]
The Long Part of the Short Sale
November 2, 2011
Author: Elsie Kempsey, GREEN
It is a real joke that "short sales" are called "short"; what a misconception.  They need to find different verbiage because a while back people thought "short sales" didn't take too long.   We have one "short sale" that is now going past f [Read More]
What Buyers Need to Do Before Looking for Homes
November 1, 2011
Author: Elsie Kempsey, GREEN
As a realtor for a couple of years in Hernando County (Spring Hill, Brooksville and Weeki Wachee) when I first started, I really felt uncomfortable asking people about "pre approval" and their finances.  Frankly, I didn't think it was any of my business.  At that time, it re [Read More]
Our Feet are Rocking and Our Knuckles are Knocking
August 22, 2011
Author: Elsie Kempsey, GREEN
My husband made me laugh this morning when he said you and Julie (my business partner) in TeamTropic Hernando, need to get our feet rocking and our knuckes knocking.  What did he mean - we are going to go visit For Sale By Owners and explain why it might behoove them to list with a realtor. M [Read More]
Soho District Right Here in Tampa
August 22, 2011
Author: Elsie Kempsey, GREEN
My husband and I, along with two friends, have made it our mission to go to Tampa from Weeki Wachee where we live every Friday night and try a different restaurant. Many of you may not know we have a Soho District in Tampa.  It is quite a happening spot with the bars and all types of great re [Read More]
Dredging Problems in Hernando Beach Florida
August 12, 2011
Author: Elsie Kempsey, GREEN
It was reported that Hernando Countyfiled a counterclaim againstthe original contractor for the Hernando Beach Channel dredging project and the contractor's bonding company. Their counterclaim states taht Orion Dredging Services LLC did not complete the work according to their work permit. They a [Read More]
Standard Poors Credit Report May Cause Rates to Rise
August 6, 2011
Author: Elsie Kempsey, GREEN
Standard & Poors redcuded America's credit rating from AAA to AA+, something that has not happened in many years. This is very scary to all of us and what does it mean to us? One of the ways to "correct" this according to the news reports, is that they would raise the interest rates. Not sure if t [Read More]

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