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David Podgursky Boynton Beach Realtor

Archives for the ‘Florida Info’ Category

IRS Tax Savings on your HUD-1

By David A. Podgursky, MBA • Apr 5th, 2008 • Category: Featured Articles, Florida Info

As tax time is upon us and with all the talk about recession, politics and the housing market, most people are not focused on the fact that we are only ten days from tax day.
So if you are a procrastinator as is the American-way, remember to plan for some of your Mortgage and Real Estate related tax deductions to save some money this year.



Equity Lines being Frozen

By David A. Podgursky, MBA • Mar 27th, 2008 • Category: Florida Info, Residential, South Florida Info

If you are a homeowner with a Home Equity Line (HELOC) in Florida you surely know that Bank of America and other banks are freezing  or shrinking your available funds.
In a response to the market drop and shareholder pressure, Banks have decided that the need to keep a handle on the extra debt that they [...]



Invest with Syndicates

By David A. Podgursky, MBA • Mar 15th, 2008 • Category: Commercial, Florida Info, Foreign National, South Florida Info

The Florida Real Estate Market has many opportunities to offer investors that looking to buy low and sell high.  Savvy investors from all over the globe are seeing the low prices combined with good exchange rates on the dollar (for foreign national investors) and relatively low interest rates for mortgage financing as an invitation to [...]



Foreign National Mortgage Market changes

By David A. Podgursky, MBA • Feb 26th, 2008 • Category: Florida Info, Foreign National, South Florida Info

The US Mortgage “Meltdown” has dealt a rough blow to Foreign National Buyers who are trying to take advantage of the weakness of the US Dollar and invest in property in vacation and resort areas like here in Florida.
Lenders have long seen Foreign Nationals as risky, but still offered 80-90% Loan to Value programs for [...]



Florida Mortgage | Refinance Now or Wait?

By David A. Podgursky, MBA • Feb 15th, 2008 • Category: Florida Info, Residential, South Florida Info

Rates are screwy… the Florida Real Estate Market is terrible… Alan Greenspan is talking about recession… Ben Bernanke is  lowering rates with a baseball bat… Barry Bonds was using steroids but a typo might get him off… Roger Clemens was maybe using steroids but he’s going to get a presidential pardon…
and you think NOW is [...]