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Statewide Open House slated for April 10 and 11!
February 15th, 2010 9:25 AM
April 10 and 11, Florida will be the site of a statewide open house event.  If you are a serious homebuyer, this might be your last chance to take advantage of the 8000 tax credit for first time homebuyers or 6500 credit for existing homeowners hoping to move up to more expensive home.  The deadline for this credit is this--you must be under contract by April 30 and be closed sales by June 30!!  For more information you can contact me or check out my website at www.DestinHomeRealtor.com.

Posted by Myke Triebold on February 15th, 2010 9:25 AMPost a Comment (0)

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Tax Credit Information
February 15th, 2010 9:23 AM
Definitive information regarding the tax credit is as follows:  You must have a contract in place by the end of April, and the best advice I can give you is to consult a Realtor now about qualification criteria and options in your area. Repeat buyers do not have to sell their existing home, but all buyers must occupy the property they purchase as a primary residence to qualify for the tax credit. Buyers who have a contract in place by April 30, 2010, have until June 30, 2010, to finalize the transaction to get a credit of up to $8,000 for first-time buyers and $6,500 for repeat buyers.

Posted by Myke Triebold on February 15th, 2010 9:23 AMPost a Comment (0)

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FHA Loan Qualifications!! Take Advantage of Tax Credit!!
February 15th, 2010 9:22 AM

No minimum credit scoreFHA does not have a minimum credit score requirement. The FHA underwriter will evaluate the entire credit profile to determine the borrower’s likelihood of repayment. Past credit issues may be overlooked if new credit has been re-established. Also, other compensating factors may apply.

Bankruptcy okay – Chapter 7 bankruptcies are allowed if discharged over 2 years ago (or 1 year with extenuating circumstances). Chapter 13 bankruptcies are allowed with a minimum of 1 year of on time plan repayment and trustee approval.

Less Money Needed - FHA loans allow the seller to pay up to 6% of the sales price toward the closing costs and only require a 3.5% down payment.

Housing History– FHA does not require a rental or other housing history if it is not available.

Non-occupying co-borrower allowed – FHA allows a non-occupying relative to co-sign the mortgage. The non-occupant’s income and assets can be used for qualification purposes. This is generally used for parents to help their children buy a home.

Property types - 1-4 unit, condos, town homes, modular homes, and manufactured homes .

No cash reserves required –  FHA does not require you to have cash reserves on 1-2 unit properties.


Posted by Myke Triebold on February 15th, 2010 9:22 AMPost a Comment (0)

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New Walmart Comes to Niceville
February 8th, 2010 5:45 PM
Up to this point, most residents of Niceville have had to pay a toll to access the closest Walmart located in Destin.  This week it was announced that Walmart will be completing construction of a newly designed walmart store in Niceville. It will be a newly designed Walmart rather than the "warehouse" look of previous stores.  This is a prototype of the store to come in the future.  The trucks are now rolling after some months of delay while hurdles were crossed for environmental concerns

Posted by Myke Triebold on February 8th, 2010 5:45 PMPost a Comment (0)

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Mid Bay Bridge Construction in Destin FL
February 8th, 2010 5:43 PM
While construction continues on the new road that will run from Range Road in Niceville across the Choctawhatchee Bay to Destin (route 293), otherwise known as the Mid Bay Bridge, decisions are being made in regards to expansion of the bridge from a two lane bridge to a four lane bridge.  Traffic across the bridge has diminished over the past year, probably due to the lag in the US Economy.  Because of the lighter-than-expected traffic patterns, the expansion of the bridge has been put off for 4 years.  The number of sunpass drivers has actually increased, but the number of full price vehicles crossing the bridge has diminished, resulting in diminished revenues from the bridge.

Posted by Myke Triebold on February 8th, 2010 5:43 PMPost a Comment (0)

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Just Listed! 175 Live Oak Street E Defuniak Springs, FL 32435
November 7th, 2009 2:46 PM
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Header_2
Listings Photo
$125,000.00
175 Live Oak Street E

Defuniak Springs, FL 32435



Beds: 3.0 Rooms: 5
Baths: 1.00 Sq. Ft.: 1125.00
Garage: 0 Built: 1993
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Myke Triebold
Myke Triebold, Coldwell Banker United, Realtors
8503056256
www.destinhomerealtor.com



 
  Visit this listing at Here

Posted by Myke Triebold on November 7th, 2009 2:46 PMPost a Comment (0)

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Just Listed! 23B Windward Cove Santa Rosa Beach, FL 32459
July 26th, 2009 3:30 PM
Header
Header_2
Listings Photo
$330,000.00
23B Windward Cove

Santa Rosa Beach, FL 32459



Beds: 3.0 Rooms: 0
Baths: 3.00 Sq. Ft.: 1776.00
Garage: 0 Built: 0
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Myke Triebold
Coldwell Banker United, Realtors,Myke Triebold
8503056256
www.destinhomerealtor.com



 
  Visit this listing at Here

Posted by Myke Triebold on July 26th, 2009 3:30 PMPost a Comment (0)

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Just Listed! 1640 Oakmont Circle Niceville, FL 32578
July 26th, 2009 2:28 PM
Header
Header_2
Listings Photo
$125,200.00
1640 Oakmont Circle

Niceville, FL 32578



Beds: 0 Rooms: 0
Baths: 0 Sq. Ft.: 0
Garage: 0 Built: 0
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Myke Triebold
Coldwell Banker United, Realtors,Myke Triebold
8503056256
www.destinhomerealtor.com



 
  Visit this listing at Here

Posted by Myke Triebold on July 26th, 2009 2:28 PMPost a Comment (0)

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Fort Walton Beach High School Athletics
June 28th, 2009 8:00 AM
For the past 12 years, Niceville High School has reigned as the top high school athletic program.  This year, Fort Walton Beach is crowned the area's top athletic program.  They are the recipient of this years Freedom Award, an honor given annualy to the area's top overall athletic program.The boys weightlifting team won the state title this year, and track, football, cross country, and swimming teams also did very well.

Posted by Myke Triebold on June 28th, 2009 8:00 AMPost a Comment (0)

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Mortgage rates
June 28th, 2009 7:56 AM
For the week ending June 27, 2009 mortgage rates are still historically low.  This past week, even though rates had gone up some, they are still low.  The average rate for a 30 year fixed mortgage was 5.42 percent.  The average rate on a 15 year mortgage fell to 4.87 percent., down from 4.89 percent.  These rates do not include add on fees known as points, and with some lending institutions the lowest rates are available by paying these "points."

Posted by Myke Triebold on June 28th, 2009 7:56 AMPost a Comment (0)

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