Some Answers about Tainted Chinese Drywall

Being a Realtor in Southwest Florida I get a lot of clients asking me questions about tainted Chinese Drywall. Here is a quick explanation on some of the essentials to understand. Remember I am not an expert....

Most of the homes with tainted Chinese drywall was installed in new construction homes between 2004 and 2006. There has been evidence of Chinese drywall that was put in homes built in 2001 and, of course, anyone who has remodeled their home during any of those years may be at risk.

Most consumers believe that if there is no odor then there is no Chinese drywall. not true. The degree of smell varies greatly in each home, as does each person's ability to detect the odor. The strength of the smell also depends on the quantity of drywall was used in the home and the quality of paint and primer. Homeowners have reported no smell, but their home clearly has Chinese drywall. In short, do not rely on smell alone.

The strongest indicator of Chinese drywall is black corrosion of copper and porous metal surfaces, including electrical wiring. Check the interior and exterior of the HVAC unit (air conditioner) and look at the copper lines and coils. The majority of homes with Chinese drywall have had air conditioning problems, specifically premature replacement of the evaporator coil. You should also check the interior wall electrical receptacles and switches to see if the ground wires are blackened. In a new home.

So...my message to most people if they suspect tainted Chinese drywall or are buying a home is to find a local inspector that is trained in tainted drywall discovery.

First Time Home Buyer Tax Credit Gets Senate and Obama Approval

It looks like good news for home buyers. The $8,000 First Time Home Buyer Tax Credit EXTENSION has received Senate and President Obama informal approval over the last couple of days. Although the signatures to seal the deal appear all but certain it still has yet to be passed. This week Senators struck an agreement to not only push back the measure's deadline but to expand; allowing current homeowners and other buyers to claim the tax credit as well. A provision for a $6,500 tax break for homebuyers who have lived in their prior residences for at least five years may be added. Income limits for couples and individuals to qualify for the tax credits will also likely be increased, opening up the door for even more people to take advantage of the tax break(s). The plan calls for an extension of the credit until April and that buyer(s) must have a sales contract on a house by April 30, 2010 to be eligible yet gives them an additional 60 days to actually close on the property. We’ll keep you posted when it becomes official…and until then…keep looking for your new dream home!

Breast Cancer 5K Walk for Sarasota/Manatee Counties

And you thought all we did was sell Real Estate. Well...Randy the Realtor and the Prudential Palms Realty gang will be participating in the Making Strides Against Breast Cancer 5K Walk for Sarasota/Manatee Counties on October 24, 2009 at the Sarasota Polo Grounds. Making Strides is the American Cancer Society’s largest event to raise awareness and funds to fight breast cancer here in the area. The Sarasota/Manatee event in 2008 had over 5,000 participants who helped raise $370,000 to help fight breast cancer. This year we are expecting an even bigger event. Making Strides is an opportunity to honor breast cancer survivors especially our friend, Realtor Beth Barnett. As well as educating women about breast cancer prevention, early detection, awareness, the walk will raise funds to help achieve a day when no one will have to hear the words “You have breast cancer.” The walk is on October 24th and starts at 9:00 AM, with registration opening at 7:30 AM. Please contact me or any member of the Jim Soda Group or Prudential Palms Realtors if you have any further questions or would like to donate to this worthy cause. Thank you in advance for supporting the fight against breast cancer. See you there!

Sarasota as the top market to buy a home RIGHT NOW!

If you are sitting on the fence about buying a home in Sarasota? Real Estate prices in Sarasota have stabilized and are starting to trend upward. On Thursday morning, October 8, Barbara Corcoran, the Today Show's real estate expert, targeted Sarasota as the top market to buy a home RIGHT NOW. Click on the link (on the Jim Soda Blog) to find out more: http://www.jimsoda.com/blog/archives/2009/10/sarasota-number-one-in-the-nation.html

Did you Know...Green?

For every 8 yard garbage dumpster that is converted to an 8 yard recycling container for mixed paper, you can save as much as $170.00 per month in garbage fees.

For more information you can visit:

http://www.scgov.net/greenbusiness/successstories.asp

What's the latest news on extending the $8,000 Tax Credit for First Time Homebuyers

The question I get asked a lot is, "What's the latest news on extending the $8,000 Tax Credit for First Time Homebuyers". As of today, Congress has NOT extended the program past the current end date of December 1, 2009 however it is in consideration. Check out this link on a current news story: http://www.bloomberg.com/apps/news?pid=20601103&sid=aziH1b.eNBT4.

I have also enclosed this FAQ link that may answer other questions you or a friend may have regarding the $8,000 Tax Credit. Specifically, see question #19 on the following FAQ link. This addresses the question of obtaining the credit prior to filing 2009 tax returns.
http://www.federalhousingtaxcredit.com/2009/faq.php

I hope this is of value to you . As always, please feel free to contact me with any questions.

Randy the Realtor's Rules for a Successful Short Sale Closing

Both clients and fellow real estate professionals can attest that real estate short sales can be a big black hole. As a Realtor that deals with the increasingly complex and changing road map involved in a successfully closing of a short sale, I believe that everyone involved in the transaction must work together to navigate the layers involved in the approval process and strive to help both buyers, sellers and lender come together. And… in an area of real estate where there seems to be no rules. Here are my rules for a successful short sale closing:

1. Short sales are here to stay for the foreseeable future
2. Buyer must be committed for the long haul (90 plus days)
3. Buyer’s offer must be based on current sold comps to match lender BPO (Broker Price Opinion)
4. Seller must have a lender negotiator/mitigator in-place
5. Seller’s Realtor or negotiator has to be a relentless pain calling the lender
6. Property should have only one loan or if two, both with the same lender

And some facts….While the market is showing signs of improvement, it's important to note that there have been over 11,000 listings entered in the Mid-Florida Regional MLS that indicate a potential short sale since January 1, 2009. Only 315 have been reported as sold transactions during that same period. If you have any questions about short sales or are looking to buy or sell real estate in the Sarasota/Bradenton area please give me a call at 941.586.9635.

Sarasota's 25th Annual Suncoast Offshore Grand Prix

The 25th Annual Suncoast Offshore Grand Prix is back in Sarasota with fun and excitement for the entire family. This year’s Festival and Race This year all proceeds will benefit The Florida Center for Child and Family Development. Over the past 24 years, the festival has given millions of donation dollars towards the construction of facilities that provide programs and services to physically and mentally challenged children and adults. Here is the schedule of events:
Saturday – June 27
Festival Kickoff PartyLocation: Sarasota Municipal AuditoriumTicket Price: $100 per person / Tables of 10 availableTime: 7:00 p.m. until 1:00 a.m.Live Entertainment by the Greg Billings BandSilent & Live Auction - Casual Dress – Includes Dinner and Open Bar
Sunday – June 28
Festival Car Show and ExpoLocation: Ellenton Suds Sports Grill at Ellenton Ice and Sports ComplexDetails
Thursday – July 2
“The Friendliest Catch”Fishing Tournament for the Physically & Mentally ChallengedLocation: Sarasota Outboard ClubTime: 8:30 a.m. until 1:30 p.m. (Lunch and Awards Included For Participants)Festival Parade of Boats Location: Main Street in Downtown Sarasota (Begins at U.S. 301 to Gulfstream Avenue)Start Time: 7:00 p.m. Downtown Block Party Location: Lemon Avenue / Downtown Sarasota Time: 8:00 p.m. – MidnightEnjoy live entertainment, great food, and vendors
Friday – July 3
Powerboats By The Bay Location: Centennial Park on 10th StreetTime: 10:00 a.m. until 6:00 p.m. Free Admission – No Coolers AllowedSee Powerboats on display, meet special guests, enjoy great food, vendors, and live entertainmentMotorcycle “Grand Prix Souvenir Ride”Start Location: VFW Post 3233 – 124 S. Tuttle AvenueTime: Registration: 9:00 a.m. – First Bike Out 9:30 a.m. – Last Bike Out 10:30 a.m.$10 Registration Fee per person – Ride Ends at Powerboats By the BayFood and beverage will be available for purchasePeople’s Choice Bike ShowLocation: Centennial Park on 10th Street Time: Noon until 2:30 p.m.$ 15 Registration Fee – Trophies for 1st Place at 3:00 p.m.Bike Show ClassesBest Stock Harley-Davidson TouringBest Custom Harley-Davidson TouringBest Stock Harley-Davison CruiserBest Custom Harley-Davidson CruiserBest Vintage (Pre 1984)Best Metric TouringBest Metric CruiserBest Custom (Chopper Class)Note: Stock or Custom is decided by amount of chrome, paint and modifications“Meet & Greet Who’s In The Drivers Seat” Location: The Boathouse (Located directly behind the Hyatt Regency on the Water)Time: 5:30 p.m. until 7:30 p.m. $5 Adults – Children 12 and Under FreeObtain autographs and photos with participating race teams and Capt. Keith Colburn & Crew of Discovery Channel’s “Deadliest Catch”World’s Largest Offshore PartyLocation: Hyatt Sarasota BallroomTime: 8:00 p.m. until 1:00 a.m.Ticket Price: $15 ppLive Music by “My Friend Scott” - Cash Bar & Food – Dress is Casual
Saturday – July 4
Powerboats By The Bay Location: Centennial Park on 10th StreetTime: 10:00 a.m. until 6:00 p.m. Free Admission – No Coolers AllowedSee Powerboats on display, meet special guests, enjoy great food, vendors, and live entertainmentBayfront Fireworks Spectacular!!! Location: Best viewing along the Sarasota Bayfront near Island ParkTime: 9:00 p.m.Please consider bringing a cash donation or a new infant/children’s item for The Florida Center
Sunday – July 5
Suncoast Offshore Grand Prix Boat RaceLocation: Off Lido Beach (Between New Pass and Big Pass)Time: 2 Heats at 11:00 a.m. and 1:00 p.m. (Subject to Change)Live “Flag to Flag” Coverage on radio and televisionRace Awards CeremonyLocation: Hyatt Sarasota BallroomTime: 5:00 p.m. until 6:30 p.m. – Free AdmissionCelebrate with winning race teams!

Celebrate Sarasota Earth Day 2009 with a Green Commitment

To celebrate Earth Day I am posting my seven best “Green Ideas” that will save energy, money and make for a healthier living environment. If you haven' t implemented any of these suggestions try to start small and make an Earth Day commitment to at least one green idea. Like anything in life, the small things add up.

1. Buy a programmable thermostat and reduce your energy consumption by planning your energy needs.
2. Avoid buying plastic bottled water. Try to reuse everything, especially plastics…and recycle.
3. Reduce your water use. Make sure you have low-flow faucets, shower heads, and toilets.
4. Buy locally made food products and locally produced services. Healthy food, environment and economy. Try a local Farmers Market.
5. Use compact fluorescent light bulbs. By using energy-efficient light bulbs you will save energy and money.
6. Turn off lights and electronics when you leave the room. Unplug your cell phone charger from the wall when not using it. Turn off energy strips and surge protectors when not in use (especially overnight).
7. Recycle your paper, plastics and other items that your local waste pick-up will take.

Thought for the Day

Here is a saying I like that is attributed to Mother Theresa...I'm not so sure its her exact words but I like the sentiment.

"The only thing you take with you when you die is the love you gave away".

Mother Theresa

Fun thing to do In the Sarasota/Bradenton Area: Ringling College of Art and Design unvails its newest emerging artists!

If you love art or just need something to do this weekend, why not stop by Sarasota's Ringling College of Art and Design as they unvail their newest emerging artists! This Saturday, January 31st from 10:00 a.m. to 3:00 p.m. You will have the opportunity to experience this exibit and purchase their artwork as well. If you enjoy art or dabble in it yourself don't miss this one day event. Exibit will also showcase cutting edge trends and materials from art suppliers.
Event Location:
Ringling College of Art and Design
Ulla Searing Student Center Exhibition Hall 2700 North Tamiami Trail Sarasota, Florida 34234
941.359.7505
Corner of U.S. 41 N./Tamiami Trail & Dr. Martin Luther King Jr. Way.

2nd Annual Green Homes Expo
Sponsors: Sarasota & Venice Realtor Associations
March 27, 2009
2:00 p.m. to 7:00 p.m.



Chelsea Center
2506 Gulf Gate Drive
Sarasota, FL 34231



Free! Public Invited!



Exhibitors will showcase


• Indoor air and water quality
• Green home construction
• Solar products
• Water conservation techniques
• Florida-friendly landscaping
• Green home cleaning products
• Natural pest control
• Energy efficient products

Please call me at #941.586.9635 if you have Questions or would like to participate.

Real Estate Term You Should Know

CC and Rs

Covenants, conditions and restrictions. The basic rules establishing the rights and obligations of owners (and their successors in interest) of real property within a subdivision or other tract of land in relation to other owners within the same subdivision or tract in relation to an association of owners organized for the purpose of operating and maintaining property commonly owned by the individual owners.

Merry Christmas from The Jim Soda Group!

Hello Friends!
I hope you enjoyed your Thanksgiving and have now recovered from over-eating It's now time to shift gears, and we talk to so many people that are discouraged by the news, stock market and other media that we thought it was a good time to take a moment for a good laugh (at our expense). Click on the link below, and then create one yourself and pass it along; laughter is contagious!!

http://elfyourself.jibjab.com/view/FrGWzFlyqJroFl6h2dfT

On a serious note, if you need any assistance in your home selling / buying process in the Sarasota or Lakewood Ranch area, or simply would like someone to bounce ideas off of, we are here for you. Don't hesitate to give someone on the team a call.
Enjoy the season, those around you and make sure you take time to laugh!!!

Happy Holidays!

Randy and the Gang
The Jim Soda Group
http://www.jimsoda.com/

Founding Member of NAR's Green REsource Council?

Last week I had the honor of attending the FIRST National Association of Realtors Green Designation core class. This Designation is something I am very proud of and look forward to assisting my clients and fellow colleagues with the knowledge I have gained. Being “Green” is something I work on everyday. Now I can be source of information of all "Green" related Real Estate information in the Sarasota-Manatee area. You could just feel the energy in the room of most Realtors attending….they were beaming and thrilled to be founding members of NAR's Green Resource Council. This Green Designation and program offers us the ability to operate as Ambassadors in the Real Estate community. My mission is to spread the word and be a resource for subjects including sustainability, smart growth and the simple green choices we can all make in our daily lives. If you need any assistance or have "Green" questions in the Sarasota/Bradenton area please give me a call or search my blog for links.

Real Estate Term You Should Know

MARKET PRICE - The price paid regardless of pressures, motives, or intelligence.

Price Reduction: 5762 New York Ave, Sarasota, Florida 34231

Great Duplex investment opportunity in Sarasota! Live in one unit and have unit #2 help pay the mortgage or leased both units. One unit is a 2 Bed, 2 Bath & the other unit is a 2 Bed, 1 Bath. Renters are in place at $800 each. Updated condition with newer tile, newer plumbing and electrical. Conveniently located near Clark Road and Beneva. Close to beaches, shopping and all the Sarasota area has to offer. Each unit has a laundry room and its own carport. Generously sized backyard with storage shed. New Price $259,000. Check out the Virtual Tour. Call or e-mail me if you have any questions.

Jim Soda's Birthday photos...

My friend and partner Jim Soda just celebrated a milestone birthday over the weekend. Click on the link below to view some funny photos. Enjoy.

http://www.flickr.com/photos/21939199@N08/sets/72157607600154774/

About Area Neighborhoods: Indian Beach

This beautiful and historic neighborhood is located in northern side of Sarasota along the spectacular bay front. Many of the older water front homes have been remodeled and/or knocked down to make way for luxurious mansions. These homes have some of the best water views in Sarasota because this is one of the widest parts of Sarasota Bay. Located within minutes of downtown Sarasota and Bradenton.

Real Estate Term You Should Know

ENCUMBRANCE

Any claim, interest, or right in property possessed by another that may diminish the true owner's rights or value in the estate. Examples include mortgages, easements, or restrictions of any kind. A claim, lien, or charge on property.

New Listing: 1064 N. TAMIAMI TRL # 1335, SARASOTA Florida 34236

Outdoor living in a condo? YES! Live across from the Sarasota Bay and Bayfront Park and enjoy entertaining on the expansive patio which truly creates additional living space. This unique lanai and floor plan is one to remember. Live luxuriously in this 2 bedroom, 2 bath condominium with lovely appointments like granite, upgraded cabinets, tile, stainless appliances, and a washer & dryer. Building offers concierge service, media room, fitness center, billiards, heated pool/spa, meeting room, business center and underground controlled access parking. Walk to Downtown, and the new Publix next door. Convenience, style and location! Price: $289,000. Virtual tour

Join the Sarasota Coastal Clean Up Day This Saturday!

Join the Green Realtors Alliance of Sarasota (GRAS) which is partnering with the Ocean Conservancy for the 23rd Annual Keep Sarasota County Beautiful Coastal Cleanup on Saturday, September 20, 2008. Many GRAS members and others will be strolling the local waterways, catching some rays and picking up trash to beautify our area. Volunteers are needed to help clean up Sarasota's beautiful bay front parks as part of Ocean Conservancy's International Coastal Clean Up Day. Sandy Keith, Chairman of GRAS, is spearheading the Realtor® volunteer group.

The group will gather initially at Bay Front Park, which fronts on U.S. 41 near Selby Gardens. Meet by the southern archway entrance to Bay Front Park and then the group will break into smaller groups to pick up marine trash at Bay Front Park & Marina, Bird Key Park, John Ringling Causeway Parks, and Ken Thompson Park. Please consider coming and volunteering. See you there.

Fannie Mae and Freddie Mac Placed Into Government Conservatorship

Fannie Mae and Freddie Mac, government sponsored enterprises (GSEs), were placed into a conservatorship Sunday by the U.S. Dept. of the Treasury. The Federal Housing Finance Agency (FHFA) will serve as the conservator, and the CEOs of each company were relieved of their duties. Replacing them are Herbert Allison, former Merrill Lynch vice chairman, and David Moffett, former U.S. Bancorp CFO, who will now lead Fannie Mae and Freddie Mac, respectively.

MAKING SENSE OF THE STORY
· Under the conservatorship, the FHFA has the authority to take up to an 80 percent stake in the companies, and will review both GSEs’ financial condition quarterly. The federal government also may inject capital into Fannie Mae and Freddie Mac, if needed. Both GSEs will be allowed to increase their mortgage funding over the next year and a half, and their stock will continue to trade, with stockholders retaining all rights in the stock’s financial worth. However, the plan does call for a 10 percent reduction per year to GSEs’ portfolios, beginning in 2010, until they have been reduced to $250 billion.

· Although the conservatorship has resulted in lower interest rates for consumers, and restored investor confidence, the Treasury and the new CEOs will change the mission and role of GSEs. Without GSEs, mortgage capital eventually will be less predictable and more expensive. This may result in adjustable-rate mortgages becoming the standard loan for home buyers, as well as higher down payment requirements, and the possible disappearance of the 30-year fixed-rate mortgage.

· Most industry professionals support a structure that maintains GSEs in their current countercyclical roles and is urging lawmakers to support continued government involvement in supporting the institutional secondary market. As a result of these concerns, Realtors and others in real estate will be asking Congress to enact legislation to ensure GSEs continue to fulfill their congressional mission of supplying an affordable and stable flow of capital for home loans.

Real Estate Term You Should Know

EARNEST MONEY
Down payment made by the purchaser of real estate as evidence of good faith. A deposit or partial payment

Fun thing to do In the Sarasota/Bradenton Area: Art Not For Sale?

Art Center Sarasota presents a unique gallery experience by exploring what happens when an artist becomes so connected to a piece that he or she refuses to give it up. The galleries will be hosting topics such as “Not For Sale: Collection of the Artist” and “Almost Too Precious Too Sell,” showing people a different view of the usually consumer driven market. Attendees will be enlightened about creating art for art’s sake and fulfilling a creative need. Art Center Sarasota, 707 N. Tamiami Trl., Sarasota, 941-365-2032.

New Listing: 8309 SAILING LOOP, LAKEWOOD RANCH FL. 34202

Breathtaking long lake view of Lake Uihlein and kayaking docks. Gated Community. This 4 bedroom, 3.5 bath home also offers upstairs bonus w/huge walk in closet, can be 5th bed. Upstairs has balcony w/that stunning lake view! Tile throughout on diagonal, formal dining, formal living, surround sound/nanny cams & built-in media center. Kitchen has lovely wood cabinets, gas range, granite and island. Huge master suite w/jetted tub. Laundry has sink and cabinets. Lots of closet space! Heated pool w/spill over spa. 3-car garage. Walking distance to LWR's Main Street. Docks allowed. Virtual Tour: http://www.visualtour.com/shownp.asp?sk=13&t=1646733 . List Price: $600,000. Call me for more information or to schedule a private showing.

A Simply Green Idea :) Tankless Hot Water Heaters

Tankless hot water heaters save energy and thus money. Water heating accounts for 20% or more of an average household’s annual energy expenditures. The yearly operating costs for conventional gas or electric storage tank water heaters average $200 or $450, respectively.
Storage tank-type water heaters raise and maintain the water temperature to the temperature setting on the tank (usually between 120° -140° F (49° -60° C). Even if no hot water is drawn from the tank (and cold water enters the tank), the heater will operate periodically to maintain the water temperature.
This is due to "standby losses": the heat conducted and radiated from the walls of the tank—and in gas-fired water heaters—through the flue pipe. These standby losses represent 10% to 20% of a household’s annual water heating costs.
Tankless units are common in Japan and Europe. They began appearing in the United States about 30 years ago. Unlike "conventional" storage tank water heaters, tankless water heaters heat water only as it is used, or on demand. A tankless hot water heater has a heating device that is activated by the flow of water when a hot water valve is opened. Once activated, the heater delivers a constant supply of hot water. The output, however, limits the rate of the heated water flow. So consider this option whether you are building or replacing an existing unit.

Real Estate Term You Should Know

RIPARIAN RIGHTS
The right of a landowner with regard to water rights such as a stream crossing that is adjoining his or her property.

New Listing: 7516 Abbey Glen, Lakewood Ranch, Florida 34202

Enter this home & be immediately captivated by its private lake & preserve view. Spectacular sunsets! This 4 bed/3bath home is just less than 3300 sq ft. Upstairs retreat w/own pavered balcony. 18 in. tile on diagonal throughout, crown molding, 42 in. wood cabinets, gas cook-top, large pantry, intercom & kitchen desk. Gathering room w/built-in media center & custom Wayne's coated ceiling adds charm & detail. Large master w/double tray ceiling & lots of closets w/lovely bath. Home has 3 air handlers. Large lanai offers salt pool/spa w/brick coping and summer kitchen & of course that view! List Price: $899,000. Virtual Tour:http://www.srqvt.com/7516abbyglenvt.html. Call me to schedule a viewing or get more details.

Citizens for Sox Announces Public Meeting

Citizens for Sox, a grassroots organization made up of 4000 residents and taxpayers of Sarasota County, Florida will hold a public meeting on Tuesday, July 29 at 6:00PM at the Hyatt Regency Sarasota Ballroom located at 1000 Boulevard of the Arts at 41 North in the center of the city of Sarasota. City Commissioner Kelly Kirschner and County Commissioner Joe Barbetta will give an update and take questions on the Boston Red Sox Spring Training Facilities relocating to Sarasota, Florida.

About Area Neighborhoods: St. Armands

Originally developed as the dream of famed circus founder and entrepreneur John Ringling, St. Armands and its famous circle of exquisite dining and shopping venues represents the epitome of island living in Sarasota. Actually located on famous Lido Key, St. Armands offers everything one could wish for - pristine beaches, elegant shops, boutiques and art galleries, cosmopolitan restaurants and a wide array of residential lifestyle offerings. Drink in dramatic city skyline views from your bay front estate or select a home on a navigable canal, just minutes from the open waters of the Gulf. Stroll to the circle for a sumptuous meal, then to the beach for a truly remarkable sunset experience.

Did You Know?

About 40 percent of all U.S. land is owned by a federal or state government entity. Ninety-five percent of Alaska's 365,039 square miles is government owned. Only 1.5 percent of Rhode Island's 668.8 square miles is owned by federal or state entities.

New Listing: 1723 7th Street,SARASOTA, Florida 34236

Brand new Bungalow home built w/charm & highest "Green Building" specs including recycled glass counters, reclaimed heart pine flooring, ventless natural gas fireplace, Bosch Evolution Appl., glass door knobs, metal roof, tankless H2O heater, water saving irrigation and custom finishes that capitalize on our city's first class urban design & architecture. Surrender to the covered porches & white picket fence in this timeless retreat packaged perfectly with quality and craftsmanship all being hurricane resistant. 'The Tatum" named after Sarasota pioneer Harvey Tatum. Live where you work.

Did You Know?

Sears and Robuck delivered and built more than 75,000 homes in the United States from 1908 to 1940. Sears sold several styles of homes that were available for purchase from their general merchandise catalog. The homes arrived on rail cars containing more than 30,000 pieces and were assembled by local carpenters and skilled labor. Prices for the homes ranged from $600 to $6000.

About Area Neighborhoods: Longboat Key

This 11-mile island, Longboat key, is located half in Manatee and Sarasota Counties, which is the Sarasota's northernmost Barrier Island. Connected to Anna Maria Island by bridge to the north and Lido Key to the south, this is home to world-class golf and tennis resorts. Longboat Key is a wonderland of manicured fairways and opulent high-rise condominiums lining the Gulf of Mexico.

Prudential listings go to Cyberhomes, Google Base, Oodle

Citing their popularity with consumers, Prudential Real Estate Affiliates Inc. said it's begun sending listings to Cyberhomes, AOL.com, Google Base and Oodle, and will purchase display and banner ads on Cyberhomes and Oodle. Prudential Real Estate, which claims more than 2,100 franchise offices and 64,000 sales professionals, said it kicked off the new partnerships today by sending 140,000 for-sale property listings to the sites. Prudential said listings will appear on AOL.com through Cyberhomes, which is providing value range estimates and property profiles at Prudential's real estate search page. Prudential will continue sending listings to FrontDoor.com, Propsmart.com, Trulia.com, Yahoo! Real Estate and Zillow.com.

Welcome Mary Beth Hudson and Gregory Hudson

Prudential Palms Realty is pleased to announce that Mary Beth Hudson and Gregory Hudson, former owners of Avalar Real Estate, have recently affiliated with Prudential Palms Realty's downtown office, along with 12 former Avalar sales associates. Mary Beth Hudson will become the new manager of the Downtown office. Gregory Hudson will be a Prudential Palms Fine Homes Specialist, continuing as a top-producing sales associate. The Hudsons made the move to Prudential Palms in order to take advantage of the advanced technology and marketing resources available through the Prudential brand.
"We are so pleased to be able to join Prudential Palms, continuing our real estate careers with such a high quality Sarasota company," Mary Beth Hudson remarked. "Both Greg and I, as well as our former Avalar sales associates, realize the strength a brand such as Prudential brings. Their marketing programs and international connections, as well as their technological support and infrastructure, is unsurpassed by any company that we have been affiliated with in our 12 years in the real estate business. We are very excited about all the opportunities this affiliation brings."

Our neighbors; the Atlantic Tarpon

The Atlantic tarpon (Tarpon atlanticus or Megalops atlanticus) is found close to shore in warm parts of the Atlantic Ocean, Gulf of Mexico, and sometimes in rivers. It habitually breaks the water's surface and gulps air. It grows to 6 ft (1.8 m) and 100 lb (45 kg) or larger. Strength, stamina, and fighting ability, make the tarpon one of Southwest Florida's premier game fish.

Did You Know?

Since 2004, home equity borrowing in America has risen 278%, according to a study by 360FinancialLiteracy.org . Nearly $719 billion of home equity credit is on balance in America, which now exceeds the total balance on credit cards. A home equity loan is paid off over time. A home equity line of credit is repaid like credit card debt.

Fun thing to do In the Sarasota/Bradenton Area

Tropical Fourth of July Celebration, July 4, 6—10pm

Join in the fun at Selby Gardens and pay tribute to America. Festivities include music, a costume contest for the most patriotic attire and lawn games. Traditional American cookout food will be sold for an additional charge, and beer, wine and soda will also be available. The evening of celebration will culminate in a fantastic display of fireworks over Sarasota Bay. Lawn chairs and blankets are encouraged, however coolers are not allowed. Members $15, non—members $18 and children under 12 admitted free. Tickets may be purchased online at http://www.selby.org/ or at Selby Gardens Welcome Center. Selby Botanical Gardens, 811 S. Palm Ave., Sarasota, 941-366-5731.

Real Estate Term You Should Know

FORECLOSURE

A legal proceeding to enforce a lien on such as a mortgage or deed of trust. The process by which secured property is seized and sold to satisfy a debt. A mortgage or involuntary lien must be sold by a court-ordered sale; a sale under a deed of trust may be either by court action or through a private trustee's sale.

About Area Neighborhoods: Bird Key

Nestled between the sparkling Sarasota shoreline and Lido Key is Bird Key, a private, gated enclave of 510 homes. A boater's paradise, Bird Key boasts deep-water canals and a private yacht club. Bird Key is connected to the mainland by the John Ringling Causeway for convenient access to Downtown Sarasota, yet living here feels like being a world away. Here you will find palatial beachfront estates and charming waterfront and off-water homes - but no high-rise condominiums. Bird Key captures the pristine feel of Florida days of old, surrounded by the glistening waters of Sarasota Bay.

New Listing: 15106 SUNDIAL Place, Lakewood Ranch, Florida 34202

Lee Wetherington home offering 4 bedrooms with own private baths+pool bath. Amazing kitchen finishes including 42" cabinetry, granite, center island & cook top. Stepped ceilings, crown moldings & tile throughout. Den w/view. Spacious upstairs media room perfect for movie night. Master w/sitting area, vanity, sunk in tub & glass block shower. Warm colors & gorgeous lighting package accompany this newer home. Enjoy peaceful Florida evenings by your pool/spa overlooking lake & preserve view. Full summer kitchen add convenience & style. Lovely family home on a very private lot. MLS#: 385571 Price$778,000

Virtual Tour: http://www.srqvm2.com/15106sundial/slide.html

Did You Know?

Pre-wired cable/satellite TV and home security systems are the most important new home technologies, according to a recent Internet Home Alliance survey of new homebuyers. Other desired new home technologies include structured wiring, multi-zone HVAC, air purification systems, wireless networks, energy management systems, and home lighting control systems.

About Area Neighborhoods: Braden Woods

Large, wooded home sites and the natural beauty of tall native pines come together in Braden Woods, located east of Interstate 75 in Manatee County is tucked into a country setting reminiscent of Florida's past. Residents here love the private setting, with a homeowner's association that truly values the preservation of this rare lifestyle. Perfect for families and near all of the conveniences of the city, Braden Woods brings a little bit of country to Sarasota's cosmopolitan ambiance.

Real Estate Term You Should Know

REALTOR

A real estate broker holding active membership in a real estate board affiliated with the National Association of Realtors.

Our neighbors; the Manatees

Manatees are large, gray aquatic mammals with bodies that taper to a flat, paddle-shaped tail. They have two forelimbs, called flippers, with three to four nails. Their head and face are wrinkled with whiskers on the snout. The manatee's closest land relatives are the elephant and the hyrax, a small, gopher-sized mammal. Manatees are believed to have evolved from a wading, plant-eating animal. The West Indian manatee is related to the West African manatee, the Amazonian manatee, the dugong, and to the Steller's sea cow, which was hunted to extinction in 1768. The average adult manatee is about three meters (9.8 feet) long and weighs between 362-544 kilograms (800-1,200 pounds).

Manatees can be found in shallow, slow-moving rivers, estuaries, saltwater bays, canals and coastal areas. Manatees are a migratory species. Within the United States, West Indian manatees are concentrated in Florida in the winter, but they can be found in summer months as far west as Texas and as far north as Virginia. However, these sightings are rare. Summer sightings in Alabama, Georgia and South Carolina are common. West Indian manatees can also be found in the coastal and inland waterways of Central America and along the northern coast of South America, although distribution in these areas may be spotty.

Manatees are gentle and slow-moving. Most of their time is spent eating, resting, and in travel. Manatees are completely herbivorous. They eat aquatic plants and can consume 10-15% of their body weight daily in vegetation. They graze for food along water bottoms and on the surface. They may rest submerged at the bottom or just below the surface, coming up to breathe on the average of every three to five minutes. When manatees are using a great deal of energy, they may surface to breathe as often as every 30 seconds. When resting, manatees have been known to stay submerged for up to 20 minutes.

Featured Property of the week: 611 St Judes Drive, Sarasota Florida 34228

Longboat Key Hideaway-$875,000

This home is built to hurricane standards top to bottom including all concrete construction, metal roof, and impact windows. ELEVATOR from Garage level to 3rd Flr. Master suite. Interior upgrades include Granite Counters, Wood Cabinets, Crown molding and Wood floors. Private pool area for entertaining and 4 car garage. Deeded private beach access and the conveniences of close shops, equals a wonderful Key location. Home completed in Feb. 2007. Seller will consider lease option or lease purchase with lender approval. Short Sale with Lender approval. Short Sale addenedum. Call me if you have any questions or would like a showing.

Virtual Tour: http://www.visualtour.com/shownp.asp?sk=13&t=1316645

LAKEWOOD RANCH SALES - They look good

During the first five months of 2008, average sales prices in Lakewood Ranch increased by 4.5 percent, and median sales prices held almost steady over the same period last year. The average selling price of residential homes, as reported through the Sarasota Multiple Listing Service, rose from $582,975 in 2007 to $608,585 in 2008 in Lakewood Ranch. Median selling prices held almost steady at $432,500 in 2007 compared with $442,500 in 2008. The standing inventory of listed single-family homes is 363, compared with 424 at the end of 2007.

Did You Know?

Habitat for Humanity International is a nonprofit, ecumenical Christian housing ministry. Since its founding in 1976 by Millard and Linda Fuller, Habitat for Humanity International has built or rehabilitated more than 150,000 houses for families in need, becoming a world leader in addressing the issues of poverty and housing.