December 2013

Found 6 blog entries for December 2013.

 

 Matthew’s Mortgage Moments…

The holidays are upon us and changes coming in 2014 to mortgage lending are significant…call for answers to any of the following scenario:

 I. Changes to Conforming Loan Programs:

{ Loan amounts up to $417,000.00 }

- January 10, 2014 enforcement of Dodd/Frank Act by CFPB: How will this affect you as a borrower?

o "QRM" – Qualified Residential Mortgage

o Interest Rate Volatility

o Qualifying Challenges

II. Jumbo/Non-Conforming Rates

 [ Loan amounts over to $417,000.00 ]

- 30 yr. Fixed Rates available up to $2,500,000.00

- 15 yr. Fixed Rates available up to $2,500,000.00

- 3, 5 or 7 yr. ARMs available up to $2,500,000.00

III. Construction to Permanent Loans up to $5mm

-

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Coastal Key grand opening today

The public is invited to the grand opening of the model park at Coastal Key by Neal Communities today, Dec. 8, from noon to 5 p.m. The new furnished Starlight model home, which will also serve as the sales center, was designed by Charlene Neal of Charlene Neal PureStyle. A second model home, the Silver Mist, will open to the public later this month. Coastal Key is a new, island-themed gated natural gas community of 76 single-family homes located off Summerlin Road and the Winkler Road Extension. The sales center is at 17841 Spanish Harbor Court. Neal Communities.

Neal reports sales upswing

Neal Communities has sold 768 homes so far this year, a more than 35 percent increase from 2012. The Lakewood Ranch based new

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2017 World Championship Regatta

It’s official Benderson Park in Sarasota, Florida has been awarded the 2017 Rowing World Cup by FISA. The International Federation of Rowing. What an honored event for Sarasota, Florida. There has been thousands of dollars spent to get this event here in Sarasota but those dollars spent will certainly be worth every penny. Many feel the benefit will far exceeds what monies have been spent on hotels, restaurants and travel. There has been more than $40 million committed to developing Benderson Park with half coming from Sarasota County tourist taxes and $10 million from the state. International audiences are expected to be a draw along with other events. Triathlons and wakeboarding competitions are being talked about. The

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South Florida Museum

Have you had an opportunity to visit Sarasota’s South Florida Museum?

There you will enjoy all the Prehistoric Artifacts, Florida Manatees, Ice Age Fossils, the natural wonders, historic relics your children may love to learn about. Or how about space shows? Wouldn’t that be a great show to tell your friends and family about? Film Fridays is another bonding experience you can do with family. Enjoy family nights together. Interesting science talks to bring back to your classmates. You can even attend the Cultural parties offered at the museum.

201 10th Street W., Bradenton, Florida 34205

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Venice

Welcome to South Sarasota where we call Venice, Florida. Venice is so charming with so many attractions. Did you know that Venice was the winter headquarters for Ringling Brothers Barnum and Bailey’s Circus in the 1960’s? Plenty of history in these streets along with an American impact. The arts are well described with live theatre, music and art galleries. Numerous local quaint shops, restaurants and gorgeous beaches. Venice attracts many international beach and sun lovers annually. Venice has it’s own flavor and can not be duplicated anywhere else. A serious amount of sharks teeth can be found on the Venice beaches. Saturday morning you can enjoy the farmers market picking your favorite vegetables and fruits while listening to live concerts.

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As Lakewood Ranch continues to grow Davis Development helps the process by purchasing 11.4 acres of land from SMR [ Schroeder-Manatee Ranch ] in 2011. The purpose is to bring multi-family and apartments to the Lakewood Ranch real estate area. Davis Development is an Atlanta based company. They have already started the building of luxury apartments called The Venue. This complex sits directly across the street from Lakewood Ranch Main Street. They plan on a 237 apartments which is currently under construction. Davis Development also has plans to build 270 apartments at State Road 70 and Pope Road. Housing that is very much needed. More details to follow….

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