Wellington FL Real Estate | Florida Homes for Sale in Wellington FL | Realtor

Fran Rizzuto

Broker-Associate

When it Comes to Wellington... I'm a "Know It All!"
email: nyfraninflorida@aol.com

Direct: 561-307-0471

Office: 561-868-2644

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Wellington/ West Palm Beach
2335 S State Road 7 Suite 500
Wellington, FL 33414
Tel: 561-868-2644
Fax: 561-868-2645
Dir: 561-307-0471

Love Real Estate? On the web, listen to www.RETRadio.com for up-to-date interviews w/industry professionals from the National Assn. of Realtors.

Equestrians: Look Here!

OLYMPIA ESTATE HOME
Casa Della Scala "House of the Stairs"

5 bedrooms + library/office + game area
7.5 baths/4 car garage

5500 living sq.ft./6910 total sq.ft.

Private Preserve Lot

Gourmet Kitchen w/Stainless Appliances, Granite, Two Diswashers, Crushed Glass Backsplash;
Double Marble Staircases
Slate Stone Wall at Dining Room & Kitchen
Fireplace & Built-Ins
Master Suite w/Refrigerator, Crema Marfil Marble and Slate Baths, full body sprays, bidet
Professionally Landscaping & Lighting

Available for Sale or Lease - Call for details

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Short Sale vs. Foreclosure. Which is right for you? What is a Short Sale? A Short Sale is basically a "forgiveness of debt." It is the circumstance where a home must be sold, but currently it is worth less than the amount owed to the bank/lender on the current mortgage(s). If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. Read more... The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructing, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for relief.

Read more...

News You Can Use

Rates on 30-year mortgages tie record low WASHINGTON (AP) – May 1, 2009. Average rates on 30-year fixed mortgages, the most popular loan among home buyers, slid to 4.78 percent from 4.8 percent last week, Freddie Mac said. Last year at this time, the average rate on a 30-year mortgage was 6.06 percent. Read more...

Recession may be over forecasters say. Read more...

Families move during drywall work
BOYNTON BEACH, Fla. – May 12, 2009 – Home builder G.L. Homes has begun temporarily relocating homeowners in its Canyon Isles community near Boynton Beach, where homes have been found to have defective Chinese drywall. Read more...

A Comfortable Mortgage
As banks struggle to reinvent lending, Bank of America has debuted www.BankOfAmerica.com/HomeLoans. The web site not only includes a calculator to determine the maximum amount of money a buyer can borrow, it also includes calculators to help buyers determine how much debt they can comfortably take on. Read more...

Home Sales in March 2009
Florida’s existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Read more...

First-Time Homebuyer $8,000 Tax Credit. Read more...

Chinese Drywall - The New Issue in Real Estate

It is alleged that as many as 36,000 homes in Florida and 300,000 in the country may be affected by defective Chinese drywall. Read more...

From the White House... Homeowner Affordability and Stability Plan. The Plan has three main components:

1. Refinancing for Responsible Homeowners Suffering From Falling Home Prices;

2. A Comprehensive $75 Billion Homeowner Stability Initiative

3. Support Low Mortgage Rates by Strengthening Confidence in Fannie Mae and Freddie Mac. Read more...

Foreclosure Help - Help is available for at-risk homeowners. Read more...

KNOWLEDGE IS POWER!

My goal is to provide timely information so you can make informed decisions. I will provide updated information as it becomes available, so visit often. Of course, feel free to contact me at 561.307.0471 or by email at nyfraninflorida@aol.com should you have any further questions or if I can be of help in any way.

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When it comes to Wellington,

I'm a "Know it All!"

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