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buying a home in Florida

Rodney Forbes with Forbes Realty of South Florida in West Palm Beach has some great news for homebuyers. Read below courtesy of Associated Press: Average long-term U.S. mortgage rates slid this week to their lowest level since February 2015, luring prospective purchasers during the spring home-buying season. Mortgage buyer Freddie Mac said Thursday the average […]

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As Rodney Forbes, managing broker at Forbes Realty of South Florida, has been predicting for years, despite the real estate downturn over the past few years, the population of Florida is continuing to grow. Florida is now the country’s 3rd most populated state (trailing only California and Texas). Read the article below courtesy of RealtyTrac: “A rising number of […]

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123 Lakeshore Drive #2242, North Palm Beach, FL Get Directions Click Here Description Photos Maps & Local Schools $ Click for current price 2 BEDROOMS 2 BATHROOMS (2 full) 1562 Square Feet Stunning modern lower penthouse residence in this exclusive gated enclave. 9′ ceilings and a perfect layout highlight the breathtaking water views of the […]

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9192 Villa Palma. Nice waterfront single family home located in Palm Beach Gardens, FL. Property is located in a gated community. Situated on a lot with lake views.  Short drive to the beach. 4 bedrooms and 2 full baths and 1 half bathroom. Views of the lake from the backyard.  The HOA includes Lawn service, pool, common areas, […]

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October 2010 home sales are down from 2009 for most of the country. Most areas of Florida also saw decreases in home sales. A number of reasons were cited, including the boost in 2009 from the home buyer tax credit, and new stricter mortgage lending guidelines. Interestingly, nationwide 29% of homes sold for cash and 34% […]

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$8000 Tax Credit to be Extended in Palm Beach County?

by Rodney Forbes on October 22, 2009

As the November 30th deadline approaches to take advantage of the federal $8,000 First Time Home Buyer Tax Credit just about everyone in the real estate business, including buyers and sellers, are hoping the credit will be extended into 2010. The tax credit has a lot to do with the turn around in the Florida […]

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$8000 Home Buyer Tax Credit Explained

by Rodney Forbes on June 30, 2009

I get asked questions every day about the $8,000 First Time Home Buyer Tax Credit. Who qualifies, what’s the income limit, when do I get the money, what can I use it for. The following article excerpt explains most of the details pretty well. According to Keystone Custom Homes, first-time buyers need to be aware […]

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First Time Buyers….Read This!

by Rodney Forbes on May 30, 2009

If you’re a first time home buyer you need to read this. I’ve been predicting for some time now the federal government would allow the First Time Home Buyer Tax Credit to be applied for up front costs. The Federal Housing Administration rolled out details of its policy Friday that will let first-time home buyers […]

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Banks getting the short sale message finally!

by Rodney Forbes on May 22, 2009

  The following excerpt from an article in the Press-Enterprise is welcome news for people who have been trying to facilitate short sale transactions. Whether it’s the buy, seller or Realtors involved, short sales have a bad reputation when it comes to getting the sale complete. I guess the banks are finally stating to realize […]

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In a story that continues to go back and forth, it seems first time home buyers will be able to use the $8,000 federal tax credit for up front costs including down payment. Until now the tax credit could only be claimed when filing taxes. The tax credit has been partially responsible for a rise […]

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