Author Archives: Mike

Can the board tell owners what exterior paint colors can be used for their units?

Another column by Richard White. Read More.

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Naples area housing inventory hits a 5-year low – Must Read

Buyers hunting for homes in the Naples area this season won’t find as many choices. The housing inventory has hit a five-year low, according a report released Friday. Read More.

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The Experts are saying ….

John R. Talbott, previously a Goldman Sachs investment banker, is a bestselling author and economic consultant. When it comes to the housing market he is also a prophet. When housing prices started to skyrocket in 2003, he published The Coming … Continue reading

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You may owe federal income taxes in 2013 if you have a short sale, foreclosure

You may owe federal income taxes in 2013 if you have a short sale, foreclosure after this year. Now is the time to make the hard decision: Are you going to walk away from your underwater home? Uncle Sam is … Continue reading

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Clubs taken over from Bonita Bay Group by members now finding success

Here’s a look at other Bonita Bay Group clubs and properties, past and present. Doing well with membership up. Read More.

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Florida’s growth near top in U.S.

Florida soon could be the third most-populous state.Florida had the nation’s third-largest population growth in the past year. The U.S. Census reported Wednesday that Florida grew by 256,000 residents from April 2010 to July 2011.

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Collier crime rate declines 15 years in a row; only county in Florida to do so

For the past 15 years, as Collier County underwent one of the most volatile times in its history — a population boom, a real estate market bust, unstable employment rates — one trend has remained the same.  Crime fell.  Read … Continue reading

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Study: Watch wording on insurance policies

Homeowner insurance policies can vary greatly, and if homeowners aren’t careful, they may find their claims denied when disaster strikes, according to a study to be published early next year by the University of Chicago Law Review. Read More.

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Hurricane predictors admit they can’t predict hurricanes

Monday, December 12, 2011 By Tom Spears Two top U.S. hurricane forecasters, revered like rock stars in Deep South hurricane country, are quitting the practice because it doesn’t work. William Gray and Phil Klotzbach say a look back shows their … Continue reading

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Richard White: Tips on how to identify a well-managed condo association

Richard’s article is a must read if you’re in or thinking about purchasing in an association. Read More.

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Tourist tax collections up year-over-year in Lee County

Preliminary tourist tax collections were up year-over-year, but visitors were fewer in October.  Read More.

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Foreclosure filings drop in Lee County in November

Lee County saw a drop in new foreclosure filings in November. There were 587 filings, down from 642 in October, according to a report by the Lee County Clerk’s Office. Read More.

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Thinking about becoming a landlord? You should know this

With real estate prices low, many people are considering buying an investment property and becoming a landlord. It might sound simple, but real estate pros warn that there’s a lot to know. The landlord who doesn’t follow such basic guidelines … Continue reading

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Question: I read in the paper that the banks are starting the foreclosures again. I just got served with a foreclosure lawsuit. Can you explain the process in layman’s terms?

Answer: Each state has different versions of the foreclosure process. In Florida and some other states, a lender must get permission from a judge before it can repossess your home. When you are served with a foreclosure lawsuit – Read … Continue reading

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The National Association of Realtors recently released their 2011 3rd Quarter Housing Report. In the report, they showed that combined sales of single family homes, condos and co-ops increased in EVERY state as compared to the 3rd quarter of last year. … Continue reading

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Richard White: Only the members have right to change the common elements

As usual, Richard has some good information for those that live in condos or HOA’s. Definitely, Read More.

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Renters spend 5% more than homeowners

Rising rents are forcing renters to outspend homeowners on housing costs, according to a new study. Read More.

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Rate on 30-year mortgage below 4 pct. for 2nd time in History

Freddie Mac said Thursday the rate on the 30-year fixed loan fell to 3.99 percent, down from 4 percent last week. Read More.

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Sea turtle nesting season ends with Collier numbers equal to last year

This year’s sea turtle nesting numbers ended even with or better than the higher counts seen in the past two years. Read More.

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Florida’s existing home and condo sales up in September

Florida’s existing home and existing condo sales continued their upswing in September, according to the latest housing data released by Florida Realtors®. Existing home sales increased 10 percent last month with a total of 15,036 homes sold statewide compared to … Continue reading

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