ORLANDO, Fla., Jan. 17, 2018 — Real estate helps to fuel Florida’s growth, and figuring out what lies ahead in 2018 is a key question for policymakers, residents and Realtors®.Read More »
ORLANDO, Fla., Jan. 12, 2018 – Do you have kids currently in college, or maybe one who is about to graduate high school? Are they interested in a possible real estate-related career? Then find out more about the Student Scholarship Program offered through Florida Realtors® Education Foundation Inc., a not-for-profit corporation that provides real estate-related educational scholarships. But act fast: The application deadline for this year’s program is March 5, 2018.Read More »
TALLAHASSEE, Fla., Jan. 10, 2018 – As the 2018 Florida legislative session begins, it offers a prime opportunity to resolve ongoing issues impacting property insurance, vacation rentals, affordable housing and business growth, according to Florida Realtors®, the state’s largest professional trade association.Read More »
BRADENTON, Fla. – As a real estate professional, Tony Barrett knows what it’s like for buyers who have trouble affording a home, especially military veterans. “Closing costs and downpayments are two obstacles that are frustrating for veteran homebuyers,” says Barrett, broker-owner of Barrett Realty in Bradenton.
So, Barrett is doing something about it with Heroes Welcome Home, a non-profit that helps veterans get closing cost and downpayment assistance as well as help with rent and utilities.
The idea came after working with a Marine who was looking for a home.
“In 2012, I met a kid named Mike McGowan. He came back from active duty as a Marine. He was looking for a home, and, through a city of Bradenton bond program, was given $10,000 for downpayment assistance. We went through the process, got him prequalified, and found a home. Everything was going well with financing until they told him he had an insufficient work history to qualify,” he says.
Barrett, who is also a veteran – an Army combat medic and a member of the Army Reserves – made several phone calls that were dead ends. “I was trying to educate the banks about veterans and their needs. I figured it was easier to start something on my own,” he says.
Unfortunately, McGowen lost around $1,000 in the cost of inspections and appraisals over that home. Soured on the experience, McGowen still hasn’t bought a home, says Barrett.
That experience prompted Barrett to take action. “I was devastated after Mike lost his money, and I didn’t know how else to help. When I was in the military, credit was easy. You could buy cars and furniture,” he says.
Barrett, his wife Kelly and a firefighter friend, Rob Riganati, started Heroes Welcome Home in 2013. It’s now officially a 501c3 organization,” Barrett notes. The program helps with closing cost assistance up to $3,000 for veterans who qualify.
“It’s a hand up, not a handout. Not everyone qualifies. There are limitations on the price of the home. We also recently expanded into different assistance programs, including helping World War II veterans on home repairs, and working with homeless vets to get help with rent and utilities,” says Barrett.
The very first veteran the program helped needed $2,500 to close on his home. “We issued him a check. He told me now he could afford a washer and dryer,” he says.
Heroes Welcome Home has helped about 20 veterans to date. The program now raises money through golf tournaments and other community events. Many of the veterans who received help now volunteer to staff events.
And, in 2017, The Realtor® Association of Sarasota and Manatee chose Heroes Welcome Home as its giving partner. “They raised over $5,000 for us and volunteered at our events,” Barrett recalls.
However, it’s often difficult to give away money to vets, he says, noting “they don’t want to take the money as they are proud.”
Regardless, Barrett is available to get them credit counseling and other services if they are willing to accept the help. “We reach out to vet-owned companies and ask them to help with the work on the homes in disrepair or volunteer for our events,” he says.
“I want to do anything I can do to thank these men and women for serving our country,” says Barrett.
To learn more about Heroes Welcome Home, go to https://www.heroeswelcomehomefl.com/
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ORLANDO, Fla., Dec. 20, 2017 – Florida’s housing market continued its positive track in November, with more closed sales, more new listings, more pending sales and rising median prices according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 19,990 last month, up 1.3 percent compared to November 2016.Read More »
ORLANDO, Fla., Dec. 12, 2017 – Getting ready to deck the halls for the holidays? As you’re decorating for the season, be sure you’re doing it safely. Here are some tips from Florida Realtors® to help you prepare your home for a happy holiday.Read More »
HOLLYWOOD, Fla. – Volunteering is not new to Ellen Mitchel, team leader of Prestige Properties Team and an agent with RE/MAX Advanced Realty in Hollywood. After all, she’s a licensed foster parent, is active with the Special Olympics in her area, and worked with the Department of Children and Family Services collecting and delivering holiday gifts for underprivileged families. But, it was a family vacation that truly was her “a-ha” moment.Read More »
ORLANDO, Fla., Nov. 21, 2017 – The impact of Hurricane Irma on Florida’s housing market resolved by the end of October, according to the latest housing data released by Florida Realtors®. Sales, median prices, new listings and new pending sales rose even as the inventory of for-sale properties remained constrained in many areas. Sales of single-family homes statewide totaled 20,543 last month, up 2 percent compared to October 2016.Read More »
ORLANDO, Fla – Florida remained the top destination of foreign buyers purchasing U.S. residential real estate in 2017, with 22 percent of all foreign buyers who bought residential property in the United States. Florida Realtors® latest report, the 2017 Profile of International Residential Real Estate Activity in Florida, finds that international sales hit $24.2 billion this year, up from $19.4 billion in 2016.Read More »
TALLAHASSEE, Fla., Nov. 6, 2017 — Florida Realtors®, the state’s largest professional trade association, has launched a new video and study to demonstrate the positive impact affordable housing programs have on Floridians and their communities. These resources give Florida’s lawmakers a clear picture of the return on investment of the funds they appropriate to the State Housing Initiatives Partnership Program (SHIP) and the State Apartment Incentive Loan (SAIL) program.Read More »