Friday, September 21, 2012

THINKING OF CHANGING YOUR LAUNDRY ROOM?

Take a little time to go to http://www.houzz.com and get creative with over 2,700 ideas of LAUNDRY ROOMS. There are so many ideas that you can enjoy without even creating a project of your own. Why purchase magazines and hope to get the idea you want for your house. Save you money and just click on and join the website. I am just a consumer looking for the exact ideas that I like. I can say that I have found so much information about design, what to do and how I can change my own home or make a suggestion to a friend or real estate client. Stop and take a look. But before that, take a look at this kitchen that just happens to be one of my listings. This laundry is a prep room for the kitchen, pantry and and laundry. Oh! there is another laundry on the second floor. It is really cute. It is all decked out in black and white tiles.

Thursday, August 9, 2012

Selling Farm Land? Check this out first.

When selling farmland or a ranch that has both a primary residence and land, it is important to consider the tax consequences of Internal Revenue Code Section 121 and Section 1031. Vacant land can be sold along with a primary residence, utilizing the $250,000 ($500,000 married filing jointly) exclusion given the property was owned and used by the taxpayer as the taxpayer’s primary residence for time totaling two years or more. The capital gain exclusion is available once every two years. Recreational vs. Investment Surrounding Land Given the primary home is surrounded by substantial adjacent land held for investment and not for residential purposes, a 1031 exchange should be considered to defer the gain on the land. Consequently, the home can be excluded from gain under Section 121 and investment or land held in the productive use of a farm or ranch excluded from gain under Section 1031. Separate Dwelling Unit Revenue Procedure 2005-14 addresses mixed use property where a primary residence exists as a separate or same dwelling unit with non-residence property such as a farmhouse, apartment unit, hotel, motel, inn or bed and breakfast. To determine the amount of gain accounted for from the primary home and non-residential buildings or building portions, the taxpayer may allocate basis and realized gain by square footage. The Section 121 exclusion is applied first to the primary residence, and Section 1031 applied to the investment or non-residence portion.

Tuesday, August 7, 2012

Monday, June 18, 2012

Tuesday, May 22, 2012

Few Respond to Foreclosure Review Offer

WASHINGTON – May 21, 2012 – Months after the first invitations were mailed, only a small percentage of eligible borrowers have accepted a chance to have their foreclosure cases checked for errors and maybe win restitution. By April 30, fewer than 165,000 people had applied to have their foreclosures checked for mistakes – about 4 percent of the 4.1 million who received letters about the free reviews late last year, according to the Office of the Comptroller of the Currency. The reviews were agreed to by 14 major mortgage servicers and federal banking regulators in a settlement last year over alleged foreclosure abuses. So few people have responded that another mailing to almost 4 million households will go out in early June, reminding them of the July 31 deadline to request a review, OCC spokesman Bryan Hubbard says. If errors occurred, restitution could run from several hundred dollars to more than $100,000. The reviews are separate from the $25 billion mortgage-servicing settlement that state and federal officials reached this year. Anyone who requests a review will get one if they meet certain criteria. Mortgages had to be in the foreclosure process in 2009 or 2010, on a primary residence, and serviced by one of the 14 servicers or their affiliates, including Bank of America, JPMorgan Chase, Citibank and Wells Fargo. More information is at independentforeclosurereview.com. Even though letters went to more than 4 million households, consumer advocates say follow-up advertising has been ineffective, leading to the low response rate. Many consumers have also grown wary of foreclosure scams and government foreclosure programs, says Deborah Goldberg of the National Fair Housing Alliance. “The effort is being made” to reach people, says Paul Leonard, the mortgage servicers’ representative at the Financial Services Roundtable, a trade group. “It’s hard to say why people aren’t responding.” With this settlement, foreclosure cases will be reviewed one by one by consultants hired by the servicers but monitored by regulators. With the $25 billion mortgage settlement, borrowers who lost homes to foreclosure will be eligible for payouts from a $1.5 billion fund. That could mean 750,000 borrowers getting about $2,000 each, federal officials have said. For more information on that, go to nationalmortgagesettlement.com.

Tuesday, May 15, 2012

Equestrian Luxury Property for sale in Palm City Florida

http://wch.backpage.com/post/29983573/3747f871

This this great looking horse property that is for sale in Palm City, Florida. Fifteen acres and is TURN KEY.
Listed by Sunflower Homes and Equestrian, LLC, Palm City, Florida.

Palm Citys Horse Talk:

Friday, May 4, 2012

Here's the Scoop on Home loan rates


                  Sunflower Homes and Equestrian Listed this Palm City Home in Stuart West. It is PENDING SALE. 


The world is certainly more connected than ever these days, and that's true well beyond the Internet. If you've been wondering what's been going on...and what things mean for home loan rates...here's the scoop from Sunflower Homes and Equestrian, Broker, Carol Barron Cross.
Http://www.mysunflowerfarmfl.com 

A Recap of News at Home
First, it's important to remember that when our economy is struggling, our Bond Market usually benefits as investors seek a safe haven for their money. And since home loan rates are tied to Mortgage Bonds, our home loan rates are sometimes at their best when our economy is struggling. In a way it makes sense...in times of economic struggle, good home loan rates can help kick start our economy in other areas.
The housing market is one of the main areas in our economy that is still struggling. New Home Sales, Existing Home Sales and Housing Starts all fell in March. And in April, the Fed noted in its statement from their Federal Open Market Committee (FOMC) meeting that the housing market remains "depressed."
In addition, recent reports in the manufacturing sector were also disappointing, as both the Empire State Manufacturing Index and the Philly Fed Index came in below expectations. The same is true in the labor market, as recent Initial Jobless Claims readings have spiked sharply higher...and well above the 350,000 range seen in recent weeks.
But not all the news has been disappointing: Retail Sales in March rose by a nice 0.8%, as consumers bought all kinds of products across the board. And when stripping out autos, sales still grew. This adds to the increasing trend seen in January and February and is a good sign for our economy, as consumers don't spend when they aren't feeling optimistic about their financial situation.
The direction of economic reports here will certainly impact the markets and home loan rates in the weeks and months ahead, and it's something to watch closely.
News to Note from Overseas
Our Bond Market–and therefore home loan rates–also often benefit when the global economy is struggling, as investors overseas see our Bond Market as an ultra safe haven for their money. This has happened throughout recent months as Greece and several other countries in Europe have been facing a debt crisis. What's more, there is growing and very justified concern about Spain's ability to pay down debt, meet new budget deficit targets, and avoid a bailout or debt restructuring. And let's not forget that besides Spain and Greece, we still have France, Portugal, and Ireland to deal with in future months and years.
There will likely be more safe haven trading into the relative safety of the US Dollar and US Bonds (which will benefit Mortgage Bonds, to which home loan rates are tied) as the uncertainty out of Europe escalates. And more bad economic reports here in the United States could increase trading into the safety of our Bonds, just as more good economic news here would likely benefit Stocks at the expense of our Bonds and home loan rates.

Thursday, May 3, 2012

Palm Citys Horse Talk Market Trends: Good Morning


With a week of mixed reports being released, it was clear that more consumers are seeking a home purchase with low mortgage rates at this time. According to the National Association of Realtors, Pending Home Sales which are actual contract signings, increased 4.1 percent for the month of March. This number is 12.8 percent higher than March of 2011 and is an indication of improvement in the real estate market.  




These two beautiful properties are PENDING this month in Palm City, Florida. This illustrates the trend that folks are tired of big rental payments. If one can purchase, they should evaluate their finances and see what is best for them. These properties were listed and sold by Sunflower Homes and Equestrian, LLC. Palm City, Florida.

New Home Sales did not do as well and actually decreased 7.1 percent after revised February's numbers were increased. Even with a decrease, New Home Sales were 7.5 percent higher than in March, 2011. While the prices of existing homes remains down, borrowers have started to take action.

Sunflower Homes and Equestrian, LLC has a high rate of success. They specialize in personal service, the best marketing technology, and is interested in successful closings. Each client of Sunflower Homes gets continuous support while buying or selling. See what folks have to say about Carol Barron Cross, Broker/Owner Sunflower Homes and Equestrian.


"When my life turned upside down and I was choosing to relocate from New Jersey to Florida, thank goodness it was Carol who I chose to be my realtor and contact. She is professional and personable and really knows her stuff. Mine was not an easy closing especially because I was not in Florida and Carol really went above and beyond for me being available when I needed her, being able to step it up to the plate when necessary and being able to talk me off the ledge when I needed it. I thank my lucky stars it was her I worked with and I would recommend her in a heartbeat to anyone looking to purchase florida real estate. Thanks again Carol, for all your help. you were a godsend when I needed one most. 
Marci Rodriguez 
Owner, White Owl Farm 

"Carol is a very professional, educated and reliable Broker. She has always been a pleasure to work with or even chat with about the current real estate market, local events or even family. She works very hard to make sure her colleagues and customers have a smooth transaction. I look foward to our next deal together!! She is a highly recommended top-notch realtor!!" Melissa Conrad, Coldwell Banker. 

Tuesday, April 24, 2012

Beautiful Equestrian Estate for Sale in Palm City, Fl

Palm Citys Horse Talk News: April 24, 2012 Sunflower Homes and Equestrian, LLC, Palm City, Florida, is offering this beautiful equestrian estate for sale. See the exterior of this 15 acre property. Photos of the interior are available upon request. This home has an equestrian center with eight stalls, two birthing stalls, shop, drive through trailer area, feed room, laundry, tack, and living quarters for guest or trainer. This is one of a kind property located in Martin County. Contact Sunflower Homes and Equestrian to show. 24 hour notice. Home has over 6700 sq ft, over 3000 sq ft balcony, privately gated, lake and multiply cypress white cross fencing. This property is so large that this is only a small glimpse of the estate. See more videos as they are produced. $2,950,000 h:222px;height:192px;">
Play VisualTour

Royale Equestrian Facility Ft Pierce Florida FOR SALE

This beautiful equestrian property is waiting for a new professional owner to bring their horses to train. This is a beauty and loaded with equestrian amenities. 74 acres, 28 paddocks, 50 stalls, and a three bedroom manufactured home for its trainer. Appointment Please. $1,850,000 SUNFLOWER HOMES AND EQUESTRIAN, LLC, Carol Barron-Cross, Broker PALM CITYS HORSE TALK

Saturday, March 17, 2012

Thursday, March 8, 2012

Palm City, Florida Ten Acre Equestrian Farm for Sale

Palm City, Florida....Take a look at this nice property. This is a rare find with a price that is well within the market of today. Priced to sale. Any interest contact Sunflower Homes & Equestrian, LLC.
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