More Americans to buy homes with 3 percent down

More Americans to buy homes with 3 percent down

Fannie Mae and FREDDie MAC  has stated that some home buyers will be able to purchase a home with only 3% down. The current miniumm is  5% but 3.5%  down if you are utilizing  an FHA loan.

The companies announced last Monday the new guideline was designed to assist low income and first time home buyers.

The guidelines are designed to prevent the foreclosure fiasco we had in 2007-2009. The borrowers will go thru an underwriting process and must have enough income to repay loans.

Mel Watt, director of the Federal Housing Finance Agency stated the underwriting guidelines will provide a responsible approach to improving access to credit while ensuring safe and sound lending practices,"

. The FHFA oversees Fannie and Freddie, which have been under government control since 2008 because of the housing bust

The new loans would be fixed-rate mortgages of up to 30 years for primary residences.

 Fannie could begin underwriting the loans before the end of the year. It said the loans would be geared toward first-time buyers, require mortgage insurance payments because of the low down payment and mandate that buyers receive complete a financial counseling program.

Fannie and Freddie own or guarantee about half of all U.S. mortgages, worth about $5 trillion. Along with other federal agencies, they back roughly 90 percent of new mortgages.

The two companies don't directly make loans to borrowers. They buy mortgages from lenders, package them as securities, guarantee them against default and sell them to investors. That helps make loans available.

For more infor log unto the FHFA website, Fannie Mae and Freddie MAC.

Thank you,

 

Ainsley Daux

Florida Realty

(813)546-1954

Dover Florida Real Estate

Price Reduced on this Beautiful Home

The price has been reduced on this
Beautiful well kept centrally located home.This home is move-in ready and like brand new. It’s an easy commute to I75, I4 and The Express Way. This home is a MI 5 Star Energy Efficient Home that will entice you from the moment you step foot inside. The grandeur of the home can be seen upon arriving in the driveway. As you make your way to the entrance you are greeted with a grand foyer with elevated ceilings. The over sized ceramic tile & dark flooring in the family room allow for easy care. The separate formal dining is located off of the kitchen, which is perfect for entertaining. In the kitchen, there are beautiful cherry wood cabinets, granite counter tops, SS appliances, and a wonderful island. The large eat in area of the kitchen looks out to the porch. This amazing home has a huge family room that is adjacent to the kitchen. The downstairs level has a large laundry room with built in cabinets, sink,along with a half bath for guests. Follow the wood railed staircase to the second floor which opens up to a wonderful loft, this gives plenty of room for a home office or play area. You will find that all bedrooms are large with neutral carpet throughout. The master bedroom is very big with an amazing bathroom that features both a shower and relaxing soaking tub. An additional bathroom is on this floor. Keep you car secure in the garage, which has custom made storage along with built in electric outlets. Your yard will stay green with the “in-ground automatic sprinkler system” that offers easy care.
Thank you,

Ainsley Daux
Florida Realty
(813)435-3013

Dover, Florida Real Estate
Brandon, Florida Real Estate
Tampa Bay, Florida Real Estate

Operation: Reveille-HELPING OUR HOMELESS VETERANS

Operation: Reveille

Tampa/Hillsborough County

 

As a member Hillsborough County  Affordable Housing Advisory Board , a Veteran and a member of Affordable Housing committee thru Greater Tampa Bay Realty Ass, I thought it was essential that I mentioned this extraordinary event that will take place next month. The event is called OPERATION: Reveille, it will provide housing to a few homeless Veterans. Below is the action plan for the program.

On November 11, 2014, as a part of President Obama’s goal to end Veteran homelessness by 2015 and the Veteran’s Administration’s 25 Cities Initiative, the Tampa Hillsborough Homeless Initiative (THHI), in collaboration with the City of Tampa and Hillsborough County, will launch Operation: Reveille-Tampa/Hillsborough County. 

 

In one day, this will bring together federal, state, and local government agencies, faith-based organizations, housing providers, intense case management, employment services, job training, legal assistance, mental health services, substance abuse treatment, social security, veterans benefits, financial counseling, health care, household supplies and other services.

 

The start of the Operation: Reveille will begin with each Veteran being assigned a volunteer, a Comrade.  Based on the Veteran’s needs, a Comrade will assist the Veteran throughout the day going through all of the available services.  They will get a hot breakfast together, followed by an assessment.  This will assist the Veterans by determining which of the on-site services are needed for housing stability.  Veterans will be able to schedule follow-up appointments with any of the 20 providers through a Case Manager that they will have assigned to them for up to 12 months.  The final assessment of the day will be “housing selection”.  Each Veteran will be presented with various housing options.  This will provide up to 12 months of housing and wrap around supportive services for 50 Veterans.  Each home will be pre-furnished and stocked with food and household supplies. 

 

 

Goals:

1.    Rapidly re-house Veterans on Veteran’s Day

2.    Bring together a wide range of partners to ensure a collaborative impact on a national level.

3.    Develop a system that ensures a Veteran never sleeps on the streets of in an emergency shelter in Hillsborough County.

Partners:

Ø U.S Department of Housing and Urban Development

Ø U.S Department of Veteran Administration

Ø Hillsborough County Department of Homeless Services

Ø City of Tampa Housing and Community Development

Ø Tampa Housing Authority

Ø Tampa Bay Rays Foundation

Ø Greater Tampa Association of Realtors (GTAR)

Ø Tampa Bay Lightning

Ø Support the Troops

Ø Rebuild Together

Ø Tampa Port Authority

Ø St. Vincent DePaul

Ø Catholic Charities

Ø Tampa Crossroads

Ø ACTS

 

 

Ainsley Daux

Florida Realty

Out and About Tampa Bay

                                                  Out and About in Tampa Bay

What a great way to end the month of September! First, the Buccaneers win their first game of the season by beating the super power Pittsburgh Steelers at home.

Then, Microsoft founder Billionaire Bill Gates is partnering with the Lightning owner, Jeff Vinik to reshape Channel-side, which will bring hotels, shops, restaurants and entertainment. Both events are great things for the Tampa Bay area. We also cannot forget that Derek Jeter is retiring to his Tampa Bay home on Bay-Shore Blvd.

The Tampa Bay Lightning season opener is October 10^th and sports analysts are predicting a great season for them.

When we take a look around we see that Tampa really does offer many forms of entertainment, sporting events, and interesting venues.

This past Saturday, my wife and I spent the afternoon in Central Ybor City.  We walked thru historical 7th Avenue. We enjoyed dinner and a nice cold beer at the Tampa Bay Brewing Company. The Tampa bay Brewing Company offers 8 core and 38 seasonal beers along with a unique menu. The menu offers reasonably priced beer infused with great tasting food.  Although the rain brought us back inside, where else can you spend most of the day outdoors in early fall and still have a feeling of summer.

 Since the night was still young, we made our way to the Seminole Hard Rock Hotel and Casino. There we were able to have drinks and enjoy live music. Our gaming didn’t pay off but we still had an enjoyable evening...

Ainsley Daux
Florida Realty
Brandon Florida Real Estate
Tampa Bay Real Estate

CUSTOM BUILD DOVER MANSION FOR SALE

Custom Built Executive style home located in the highly desired community of Jaudon Ranch Estates. This Impressive custom home is situated on over an acre lot and has mature, plush manicured landscape. As you pull in the circular drive way, the Mediterranean style home with a tile roof exudes pure elegance. As you enter the home through the double doors with Imperial French antique glass, you can not miss the chandelier to fit a king's castle. As you walk through the foyer you will notice a large formal dining room which is surrounded by Poles. The hall way to the master bedroom has been hand painted with faua finish. There is oval double door entrance to the master bedroom. The master bedrooms boast his and hers walk in closets, a sitting room and a beautiful well designed stylish master bathroom. The breakfast nook has double pane bay windows which provides a view to the manicured landscape. THE INCREDIBLE KITCHEN WITH TOP OF THE LINE STAINLESS APPLIANCES,GRANITE,OVERSIZED ISLAND,UPGRADED SOLID WOOD CABINETRY,**Truly a Gourmet Chef's Kitchen** Incredible GREAT ROOM with Magnificent Wall-to-Wall Built-In EntertainmentCenter/Book Shelves/Storage - DOUBLE SET OF FRENCH that leads to the patio which has a built kitchen. The home also has surround sound and an intercom system. This will not last long

13318 Jaudon Ranch road
Dover, Fl. 33527

Ainsley Daux
Florida Realty
(813)546-1954

Ten TIPS to SAVE you money in YOUR HOME

Ten tips to save you money in your home

 

It doesn’t matter whether you own your home or rent.  Easy approaches can help you save money within your home.  Homes.com offers some simple tips:

 

Ø Programmable Thermostats:  for about $50-$100, programmable “smart” thermostats save hundreds of dollars yearly on electric bills. Some models come with Wi-Fi so you can turn down the thermostat remotely.

Ø Low-Flow Shower:  Take an environmentally friendly step by replacing outdated showerheads with new low-flow models.  This can reduce your water use in the shower by 25%-60%, as well as increasing hot water efficiency.

Ø Extra Payment: one additional mortgage payment a year can save thousands on annual interest payments, based on a 30-year loan.

Ø Unplug:  Unplug or use a smart power strip to save an estimated 5%-10%.  Many appliances and other electrical gadgets consume power even when turned off.

Ø House Plants:  Air purifiers can cost hundreds of dollars.  Consider house- plants to help remove toxins from the air and add color, warmth and comfort.

Ø Avoid the Draft: As your home ages, hot and cold air from outside can often creep inside.  Weatherproofing is inexpensive and simple.  It can save you up to 15% of heating and cooling costs. Do your research to see what weatherproofing needs your home would benefit from.

Ø Do-it-yourself: In the mood to redecorate? Making your home feel like new can be costly. Jump on the DIY bandwagon or check out free DIY workshops at local stores like Home Depot and Lowe’s. 

Ø Ceiling Fans:  Air conditioning uses 3,500 watts of energy, while a ceiling fan only uses 60 watts.  Set the fan to run clockwise in the winter to reverse the motion and push warm air down.

Ø Shop your home:  Look for budget friendly tweaks you can make before making new home accessory purchases.  Rearrange furniture and lighting to change the feel of any space.  You can even switch decorations in between rooms to make them feel different.

Ø Laundry:  Washing in cold water and using the dryer efficiently by filling but not overfilling the machine.  Some energy-efficient appliances can qualify your family for an additional tax credit.

 

Exploring ways to reduce home expenses can help you save for important upgrades in the future.

NEW DOVER LISTING............Build your custom Home on this Lot

New DOVER Listing

....

This is a beautiful Lot located in the desired community of Sara Anna Estates. Come build your custom home on this

Beautiful lot located on a cul-del sac. This lot is 1.5 acres and is surrounded by beautiful homes. This will not last long. Please call or email to see this beautiful lot located in Dover, FL.33527 Ainsley Daux Florida Realty Dover, Florida Real Estate (813)546-1954

1505 Rhodeswell Lane, Dover, FL. (New Listing)

                                         Dover, Florida Home for Sale

Beautiful well kept centrally located home.This home is move-in ready and like brand new. It's an easy commute to I75, I4 and The Express Way. This home is a MI 5 Star Energy Efficient Home that will entice you from the moment you step foot inside. The grandeur of the home can be seen upon arriving in the driveway. As you make your way to the entrance you are greeted with a grand foyer with elevated ceilings. The over sized ceramic tile & dark flooring in the family room allow for easy care. The separate formal dining is located off of the kitchen, which is perfect for entertaining. In the kitchen, there are beautiful cherry wood cabinets, granite counter tops, SS appliances, and a wonderful island. The large eat in area of the kitchen looks out to the porch. This amazing home has a huge family room that is adjacent to the kitchen. The downstairs level has a large laundry room with built in cabinets, sink,along with a half bath for guests. Follow the wood railed staircase to the second floor which opens up to a wonderful loft, this gives plenty of room for a home office or play area. You will find that all bedrooms are large with neutral carpet throughout. The master bedroom is very big with an amazing bathroom that features both a shower and relaxing soaking tub. An additional bathroom is on this floor. Keep you car secure in the garage, which has custom made storage along with built in electric outlets. Your yard will stay green with the "in-ground automatic sprinkler system" that offers easy care.
Seller will consider financing...
Please call or email to see this home today.
Thank you,


Ainsley Daux
Florida Realty
(813)546-1954

Where is Dover, Florida

                                                 Where is Dover, Florida

Dover is an unincorporated census-designated place in Hillsborough County, Florida, United States. The population was 3,702 at the 2010 census.
Dover is located minutes from Brandon, Florida, with easy access to I4 and I75. It's 45 minutes from Disney and 45 minutes from Clearwater Beach. Dover is minutes away from the local YMCA, parks and lakes. Dover is also home to Dover Advent Christian Church, this church can be traced back to 1900 when a small group of people began gathering in strawberry fields. The church became a formal congregation after  years gathering in the fields. That is one of many places to visit in Dover, Florida. I you are looking to buy Dover, Florida Real Estate or would like a list homes for sale in Dover, FL. Please feel free to call.

Ainsley Daux
Florida Realty
(813)546-1954

'"""""NEW LISTING"""""""IN DOVER, FLORIDA""""""ABSOLUTELY MARVELOUS

Beautiful well kept centrally located home.This home is move-in ready and like brand new. It’s an easy commute to I75, I4 and The Express Way. This home is a MI 5 Star Energy Efficient Home that will entice you from the moment you step foot inside. The grandeur of the home can be seen upon arriving in the driveway. As you make your way to the entrance you are greeted with a grand foyer with elevated ceilings. The over sized ceramic tile & dark flooring in the family room allow for easy care. The separate formal dining is located off of the kitchen, which is perfect for entertaining. In the kitchen, there are beautiful cherry wood cabinets, granite counter tops, SS appliances, and a wonderful island. The large eat in area of the kitchen looks out to the porch. This amazing home has a huge family room that is adjacent to the kitchen. The downstairs level has a large laundry room with built in cabinets, sink,along with a half bath for guests. Follow the wood railed staircase to the second floor which opens up to a wonderful loft, this gives plenty of room for a home office or play area. You will find that all bedrooms are large with neutral carpet throughout. The master bedroom is very big with an amazing bathroom that features both a shower and relaxing soaking tub. An additional bathroom is on this floor. Keep you car secure in the garage, which has custom made storage along with built in electric outlets. Your yard will stay green with the “in-ground automatic sprinkler system” that offers easy care.

Please call:

Ainsley Daux
Florida Realty
(813)546-1954