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FOREIGNERS EYE FLORIDA

December 26th, 2007 7:29 AM by Ron Mastrodonato

FOREIGNERS EYE FLORIDA

Foreign investors increasingly are interested in purchasing vacation homes in Florida and elsewhere in the Southeast, according to Tampa-based Fast Home Auction Inc. The company – which alerts investors to online auctions of foreclosed homes via weekly e-mail – says Belgium, Britain, Canada, France and Germany have the most interested investors. According to Fast Home Auction CEO Jim Case, REO asset managers might find the weak dollar to be “a blessing.”

Source: American Banker (12/18/07) P. 9; Berry, Kate
© Copyright 2007 INFORMATION, INC. Bethesda, MD (301) 215-4688

 

PROPERTY TAX AMENDMENT

With the possibility of a tax break for businesses, some of Florida’s top real estate brokers and FAR leadership joined Gov. Charlie Crist in Tallahassee yesterday as a show of support for the property tax relief constitutional amendment voters will consider during the state’s primary election on Jan. 29. “A yes vote for Amendment 1 is a yes vote for Florida’s future,” says FAR President Nancy Riley.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-122007.cfm

 

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Posted in:General
Posted by Ron Mastrodonato on December 26th, 2007 7:29 AM

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