Team@FPG.me (941) 932-8866 FL Lic.#CQ1037894

Real estate blog of Bradenton and Sarasota homes

Leisure and Recreation
08/13/2012 09:17 AM

 

The Arts & Culture

Manatee County, art, music, and theater have strong community support. An active force in developing that support is the Manatee County Cultural Alliance which promotes the area’s cultural resources and publishes an up-to-date calendar of events.

The Art League of Manatee County is a comprehensive center for the visual arts. With three galleries, several classrooms, and annual programs offering a variety of exhibition and educational opportunities, the League encourages both enjoyment and participation in the arts. Opportunities to exhibit are shared by amateur and professional artists. The League offers classes for artists and aspiring artists of all ages. Art galleries and groups throughout the county and on Anna Maria Island and Longboat Key also fill a year’s calendar with classes, exhibits, and other events.

Among regularly scheduled offerings are performances of the Manatee Players at the Riverfront Theatre. On Anna Maria Island, the Island Playhouse has been the scene of live stage productions for more than 40 years. The Manatee Ballet is also active and music thrives in concerts by church and other choral groups.

The Florida West Coast Symphony Orchestra performs at several locations, most notable Manatee Community College’s Neel Auditorium. The orchestra offers many programs for children. The 90-member Sarasota-Manatee Community Orchestra gives six concerts a year at the Van Wezel Performing Arts Hall in Sarasota and at other locations.

An active cultural center, the Neel Auditorium is also the site of many concerts and other events produced by music and theater groups at the Community College. Serving more varied needs, the Manatee Convention Center in Palmetto is an all-purpose auditorium. In Bradenton, the Municipal Auditorium hosts an array of trade shows, concerts, conventions, sports, and other events.

Among the more important cultural resources available to Manatee County residents is the John and Mable Ringling Museum of Art, the state’s official art museum. The 66-acre museum complex, adjacent to the New College Campus of the University of South Florida, forms the state’s most important cultural and educational district. Its galleries house the country’s foremost exhibit of Baroque art, including works by Rubens and other great masters. Ca’d’Zan (“House of John” in Venetian) is a mini-palace, which was the Ringlings’ winter home. The Asolo Theater houses an original Italian Baroque theater room brought from Italy and reassembled at the museum. In honor of John Ringling, the Circus Galleries display a collection of circus art and artifacts.

 

Manatee County is also pleased to announce the restoration of the Crosley Estate, located on Sarasota Bay. The Spanish revival style mansion features towering walls of cast stone, hand-carved wooden doors, stone portico custom windows, fireplaces and a grand panelled compass room. The mansion, which is listed on the National Register of Historic Homes, was once the home of one of the greatest entrepreneurs the world has ever known - Powel Crosley. By the year 2000, the site will also house the Powel Crosley Museum of the American Entrepreneur.

SCIENCE & NATURE

The best way to discover Manatee County and Florida is by a trip to Bradenton’s South Florida Museum and Bishop Planetarium. History, natural history, and archaeological exhibits depict South Florida from the Stone Age to the Space Age. The museum’s Mary E. Parker Aquarium is the home of “Snooty,” the oldest living manatee born in captivity and the county mascot. Since his arrival at the museum in 1949, the manatee has greeted more than one million visitors. Adjacent to the museum, the Bishop Planetarium features daily star shows, spectacular laser light and sound shows on weekends, and nighttime use of the observatory telescope.

Marine life is the theme at the Mote Marine Laboratory on City Island south of Longboat Key. It features a shark tank and other aquaria occupied by creatures native to Sarasota Bay.

A special treat for nature lovers are the Marie Selby Botanical Gardens, which feature native and tropical plants in a peaceful, waterfront setting. The gardens are a world center for the cultivation and study of orchids.

HISTORY

Going back to the area’s very earliest residents, the Madira Bickel Mound State Archaeological Site, north of Palmetto on Bayshore Road, is a flat-topped ceremonial Indian mound. It contains artifacts dating from the beginning of the Christian era to the arrival of the Spanish.

The arrival of Hernando DeSoto is marked by the DeSoto National Memorial in Bradenton. From December to April, park rangers re-enact what life might have been like for DeSoto and his men in their camp on Tampa Bay. Visitors may also follow a nature trail through a mangrove swamp to add to their sense of what the Spaniards’ trek was like. Exhibits emphasize the life of the Southeastern Temple Mound builders whose culture disappeared with the coming of the Europeans.

Heritage is preserved by the County Historical Commission in the Manatee Village Historical Park. On the site are seven authentically restored buildings: the first Court House, a "Cracker Gothic" style rural home, a historic 1889 church, a general store, a one-room school house, a replica of a 19th century barn, and a smokehouse and sugar cane mill.

Manatee County’s oldest building is a mansion built in 1844 by Major Robert Gamble who fought in the Seminole Wars. The Gamble Plantation is one of the largest antebellum sugar plantations in the U.S. and the only one surviving in Florida. Operated by the Florida Parks Service, the mansion is furnished with period pieces and sits in a 16-acre park.

The railroad played a critical role in opening Manatee County to settlement. That story is told at the Florida Gulf Coast Railroad Museum in Parrish. Visitors may take a 1950’s-style train ride or wander among antique cars and more than 1,000 music makers from hurdy-gurdies to calliopes at Belm’s Cars and Music of Yesterday just south of the Sarasota/Bradenton Airport.

The City of Palmetto boasts a beautiful historical park, named Heritage Park, complete with the original old post office, brick pathways, wrought iron fences and gorgeous trees. The Park is adjacent to historical Carnegie Library.

FESTIVALS

A kaleidoscope of festivals celebrate the history and collective heritage of its people, and the unique lifestyle this spot in southwestern Florida offers.

In Manatee County, a kaleidoscope of festivals celebrate the history and collective heritage of its people and the unique lifestyle this spot in southwestern Florida offers.

In early spring the county celebrates Manatee Heritage Days with a parade, boat and walking tours of old Manatee and other historic sites, concerts, and arts and crafts exhibits. Parrish celebrates in March with a parade and a railroad train tour starting from the old depot. Terra Ceia Day at the Madira Bickel Mound features arts, crafts, tours, and lunch. Spring is welcomed with a flower show at historic Gamble Plantation. In April, the annual Florida Heritage Festival, its Grand Parade, and Riverfest bring as many as 200,000 people to Bradenton to celebrate Florida’s cultural diversity, and to commemorate the European discovery of Manatee county. Also at this time of year, Anna Maria Island holds its Springfest at the Holmes Beach City Hall with live entertainment, food, and fun.

Two highlights of summer are the 4th of July celebration in Palmetto and the giant birthday party given for county mascot, Snooty, at the South Florida Museum in Bradenton. The family-oriented party is paired with a Wildlife Awareness Festival.

Autumn brings the Manatee Riverfront Art Festival in Bradenton; a Party in Bradenton’s Waterfront Park with fireworks, boat and water ski shows, and a parade; Bradenton Beach’s Bridge Street Festival; the Manatee Convention Center Craft and Folk Art show; and the annual Tomato Fiesta in Palmetto, center of the tomato packing industry.

 

Highlighting the winter season are the Anna Maria Island Festival of Fine Arts; an antique and collectibles show in the Bradenton Municipal Auditorium; the Palmetto Winter Craft Fair; the Manatee County Fair; and the annual seafood festival in the fishing village of Cortez.

RECREATION

Manatee County is a treasure trove of recreational pursuits. The climate is ideal for getting out of doors. Here, nature has provided a wonderful playground of beaches and parks.

Anna Maria Bayfront Park on Bay Boulevard North along the calm, shallow waters of Anna Maria Sound. For swimming, shelling, fishing, picnicking and boating.

Cortez Beach on Anna Maria Island. A wide sandy beach with jetties for fishing.

Coquina Beach at the southern end of Anna Maria Island. A 96-acre park with full recreational facilities, shelter and picnic areas.

G.T. Bray Park, county park with gymnasium, swimming pool, tennis complex, athletic fields, picnic sites, jogging and bike paths. Programs for all ages are held at this 140-acre park. The county also operates two 18-hole golf courses and two public Gulf beaches with lifeguards.

Lake Manatee State Recreation Area, on Rte. 64 east of I-75. A remote area of 556 acres around a 2,400-acre lake. Offers camping, picnicking, a swimming beach, boat ramp, and fishing.

Longboat Key. A resort area with few public beaches.

Manatee Public Beach on Gulf Drive in Holmes Beach. An all-around spot for beach lovers. Surfing is even possible at times.

Myakka River State Park, 11 miles east of I-75 on Route 72. Florida’s largest state park, with nature trails, air boat rides, tram tours, biking, camping, and canoeing.

Palma Sola Causeway and Palma Sola Bay on Manatee Avenue West. Popular for swimming, boating, water skiing, and walking dogs.

Easily accessible water makes boating and fishing popular pastimes. The county’s boating public is served by 30 marinas and eight boat ramps. In bays, bayous, and along the shores of the Gulf, fishermen find trout, redfish, pompano, and flounder. Offshore they go for kingfish, mackerel, grouper, and tarpon. Among the public fishing piers are the Anna Maria City Pier at Pine Avenue; the Bradenton beach Fishing Pier at Bridge Street; Manatee Beach Fishing Pier on Gulf Drive in Holmes Beach; and the Rod ‘n’ Reel Pier on Bay boulevard in Anna Maria. The Manatee and Pinellas ends of the old Skyway Bridge have been converted to fishing piers. The 1.59-mile Manatee County section is the longest fishing pier in the world.

A golfer’s paradise, the county boasts over 25 public and private golf courses with another 200 golfing facilities scattered throughout southwest Florida.

Excellent city and county parks offer tennis courts, racquetball courts, softball, basketball, volleyball, and flag football leagues, and a wide variety of other sports opportunities. The Nick Bolletieri Tennis Academy is headquartered in Bradenton and offers training to players of all ages. Among other events, the Parks and Recreation Department sponsors an annual Olympic-style Gulf Coast
Senior Games.

With the spring come several major league baseball teams. The Pittsburgh Pirates’ winter home and spring training is held in Bradenton at the beautiful McKechnie Field. Recently renovated, the field has received national awards for its innovative design. Nearby Sarasota is the home to Major League Baseball spring training and summer leagues. Just 25 minutes to the north are the newly acquired Tampa Bay Devil Rays professional baseball team who will call Tropicana Field home. Football fans cheer for the Tampa Buccaneers and the professional Arena Football Team, the Tampa Bay Storm. Hockey fans cheer for the Tampa Bay Lightning, an NHL team in St. Petersburg. Professional soccer fans get their kicks with the Tampa Bay Mutiny and Tampa Bay Terror.

Read the rest of this article >>
only you can decide if a short sale is right for you
08/13/2012 08:56 AM

 

Only you can decide if a short sale is right for you. 

If you can no longer afford your mortgage payments and/or have fallen behind with your payments you must consider your options. 

If you decide to attempt a short sale you must understand the process from a lender’s perspective. In today’s Bradenton - Sarasota market a lender is more willing to work with borrowers facing financial hardship.  A short sale is likely to be approved under the following conditions:

  • You are facing a hardship that makes paying your mortgage unlikely. A lender will not accept a short sale if you simply don’t want to pay your mortgage.  You must be able to demonstrate a true hardship like death of a spouse, illness, disability, loss of job, or some type of financial crisis.
     
  • You are at least one month behind on your mortgage payments. Typically lenders will not consider a short sale if you are current with your payments. Even if you are only one month behind, you will probably be dealing with the Customer Service or Collection Department.  Their job is to collect the payment.  Short sales are handled by the Loss Mitigation Department.
     
  • You have a ready, willing, and able buyer.  If you try to find out what short sale price the lender will agree to before you find a buyer, you will not be successful.  The correct order is to put the home on the market, find a buyer, execute the contract, and then contact the lender.  Expect to negotiate the pay-off acceptable to the lender and the price acceptable to the buyer.
     
  • You have depleted your savings.  If you have savings enough to cover the payments your short sale will not likely be approved. Remember, it’s not that you don’t want to make the payments, but that you cannot make the payments.

I previously wrote about the Borrower’s options.  Here is a summary:

  1. Contact your lender and ask for their suggestions: Homeowners facing financial difficulties often make the mistake of avoiding their lender, which is exactly the wrong thing to do. If you are unable to make your mortgage payments, contact your lender as soon as possible and explain your situation. Find out your options from your lender.
     
  2. Try to reinstate the mortgage: If you think you might be able to catch up the back payments in time, ask the lender to work with you.  If you can show your ability to bring the mortgage payments up to date, your lender will probably agree not to foreclose.
     
  3. Work out a forbearance: A forbearance is when the lender agrees to allow you to skip payments or make reduced payments for a period of time.   Eventually you will be responsible for the repayment of the accrued interest and principal.
     
  4. Refinance the loan and consolidate your debt: With a good credit history, you may be able to consolidate your debt with a loan that requires a total monthly payment of less than you're paying on all your other loans put together. Be careful with this approach because you may only be making matters worse.  Lenders will typically not accept a short sale when the loan is less than one year old.
     
  5. Give a deed in lieu of foreclosure: You may be able to offer the lender the deed in exchange for them not foreclosing on you. You lose the house and your equity, but retain your credit rating. In a market with declining values it is unlikely that the lender will accept a deed in lieu of foreclosure.
     
  6. Foreclosure: This is, by far, the worst option for most people because of its wide ranging effects emotionally, financially, and credit wise. With foreclosure you lose your home, lose your credit rating, and any equity you may have built up. You will probably not be able to buy another home for years to come and your credit will be ruined for years. You may also face a deficiency judgment. This is when you still owe what the lender lost.
     
  7. Negotiate a short sale: Lenders typically want to avoid foreclosing, because of the costs associated with it. Most lenders are open to negotiating a short-pay on the loan. If you can demonstrate your financial hardship to the lender this may be your best option. This isn't something you should attempt alone.  Talk with a knowledgeable Realtor.

Once the Manatee County, Florida homeowner has decided that a short sale is their best option they should IMMEDIATELY contact an experienced Realtor®. A Realtor® who is knowledgeable about short sales can skillfully guide the homeowner through this challenging process.

Read the rest of this article >>
How to Spot Mortgage Fraud
08/13/2012 08:35 AM

How to Spot Mortgage Fraud

mortgage fraudIt seems like Florida is always nabbing one of the top spots on somebody’s “best of” list. Now, thanks to a booming housing market and the popularity of nontraditional home loans, suspected mortgage fraud is up 35 percent nationwide—and Florida ranks in the top 5 places in which that type of fraud can occur.
“When you look at the sheer volume of real estate transactions here in Florida, it’s inevitable that the state will have a higher delinquency, fraud and foreclosure rate,” says Edward M. Wentzel, senior vice president of SunTrust Mortgage in Orlando. Here are some recent scams and tips on what to look for in your real estate transactions.
 

1. Hyped Appraisals

One red flag, Wentzel says, is when a buyer is willing to pay more than the seller’s asking price. “I heard of one case where the sellers sold the house and the buyers actually went and got a mortgage that was substantially higher than the sales amount,” he says. “Then, the bank was left with a mortgage that was substantially higher than the amount [the house] was worth. They must’ve had an appraiser working with them because it takes a couple of people to pull it off.”

In November, worldwide financial services corporation Lehman Bros. Holdings filed suit against a group of investors, title companies, a mortgage company and an appraisal company involved in possible mortgage fraud at a New Port Richey condominium complex. According to the lawsuit (filed in Tampa), the defendants used inflated appraisals in a scheme to potentially defraud Lehman Bros. out of millions of dollars. Each of the properties (13 in all) were appraised at $733,000 when, in actuality, they were worth barely one-third that amount.

During the real estate boom of the past five years, it was easier for lenders to fail to spot loans that were worth more than the actual properties’ values. Now, as the market is cooling down, mortgage experts say lenders are expecting to uncover more cases of mortgage fraud.

In many cases, lenders don’t find out until buyers start missing their payments. As the lender prepares to foreclose, the inflated appraisal is discovered and the lender is out thousands of dollars or more when the home is sold. “In most cases, it’s down the road six months [or more] before people realize they had a faulty appraisal,” says Wentzel. “And [these criminals] usually need more than one person to carry it out. Somebody was in on the scheme.”
 

2. Phony Fees

Mortgage fraud needn’t involve big bucks to constitute a crime. Wentzel explains that, in many cases, mortgage fraud goes unnoticed because it consists of simply padding the paperwork with phony fees. “Someone can put a bogus fee on the closing statement and you might not find it until later when you’ve started auditing and you see that [someone is] getting $50 here or there from the closing agent,” he says.
 

Reminder:

It might be a good idea for sales associates to have the seller/buyer review the paperwork with an attorney prior to closing.

 

 

3. Altered Paperwork

Wentzel recommends comparing all of the documents prepared in advance with the final versions that will be signed at the closing to make sure everything is above-board. “Keep an eye out and [scrutinize] the HUD statement that’s prepared before closing, for example, and compare it to the HUD at closing to make sure there aren’t any strange third-party fees that popped up at the last minute,” he says.


 

 

4. Know Your Vendors

Wentzel advises sales associates to work with mortgage professionals, appraisers and title companies that they know and trust—or get referrals from reputable people in the community. Checking out professionals’ licenses with the state, county or city regulatory agencies is a must, he says, because their license could’ve been suspended for fraudulent activity in another area. Also, if an individual’s name is listed (instead of a company) as someone who gets paid for services rendered that could possibly indicate a scam, he says. “I’ve heard of that happening,” he says, adding that corporations—not individuals—should be paid for the appraisal, title work and so forth.
 

Where to Report Suspicious Lending

Visit the Mortgage Bankers Association’s (MBA) Web site dedicated to stopping and reporting mortgage fraud: www.stopmortgagefraud.com.

 

Read the rest of this article >>
Previous 100 Next 100

want more? Get Alerts as new listings arrive!