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August 12th, 2008
In early August property owners will receive a TRIM notice from Broward County. This notice will show what your property is worth (assessed value) according to the property appraiser. It also shows what your taxes will be for 2008.
Note the market value, the assessed value and the Save Our Homes Value. The market value is a meaningless number on homesteaded property. The Save Our Homes Value will reflect the amount that your tax is based on if you have been in the homes for a few years and it is your homestead. The assessed value is important to you. Ask yourself, “Could I sell the property for the assessed value?” If not you will be paying too much tax!! What to do? File a petition with the Value Adjustment Board by September 19, 2008. This will give you the right to have a hearing. In the hearing you will have to prove your case. Show sales in your area that have closed prior to Jan 1, 2008. Sales should be similar in size, features and location to your home.The special master (appraiser hired by the County) will hear and consider your evidence. If you have had an appraisal done in 2007 for other purposes (estate, divorce, or mortgage) it can be used to support your case. Also, an agent, such as Tom, can be hired to represent you at the hearing. Typically these agents work on a contingent fee basis (40 to 50% of the tax saving). This is a one time fee. If you need help or have questions please call me, Thomas R. Wachtstetter ASA IFA, Certified General Appraiser RZ #451
August 11th, 2008
Household Hazardous Waste & Electronics Recycling Free Drop Off
Paint, Solvents, Pesticides, Household Cleaners, Lawn & Pool Chemicals, Mercury Thermometors, Rechargable Batteries, Fire Extinguishers, Televisions, Propane Tanks, Tires, Motor Oil, Auto Batteries, Keyboards, Printers, Monitors, Computers, and Cell Phones.
Permanent drop-off locations open every Friday & Saturday* from 8:00 am to 3:00 pm.
Pompano Beach - 2780 N. Powerline Road (North of Copans Rd.)
West Park - 5601 W. Hallendale Beach Blvd (East of US 441)
*Davie - 5490 Reese Rd (open Saturdays only)
For more information call 954-765-4999 or go to www.Broward.Org/Waste
July 25th, 2008
Set up by the federal government — Fannie in 1938, Freddie in 1970, are now public companies, their stock traded on the open market. They buy mortgages away from the banks that already hold them, providing cash that allows banks to make more home loans and take on more debt. Then Fannie and Freddie bundle the loans together and sell pieces of the whole to investors as what are called mortgage-backed securities. They pay a guaranteed rate of return — like Treasury bonds, but more lucrative for investors. Each are backed with a $2.25 billion line of credit from Uncle Sam, our government. Fannie and Freddie have been essential to the functioning of the U.S. housing market and helped homeowners by pumping enough transactions through the market to lower interest rates.
May 19th, 2008
Women’s Prosperity Network’s Monthly Chapter Meeting
Join us for Breakfast, Brainstorming & Breakthroughs! When: Sat., May 31st 10:00 am to 1:00 pm
Where: To Be Determined Cost: $10 members / $15 non-members
To Register for this Money Making Event Reply to this email or simply call (954) 727-9700
This meeting is dedicated to sharing ways to create additional income, whether through your existing business or adding new ways to make money. We’ve learned that creating additional income is the way to have long term wealth and freedom. Be sure to reserve your seat and take advantage of this opportunity to learn about new business ideas and expand and promote your existing business.
Members - Contact Nancy at (954) 727-9700 - we want to showcase YOU at this meeting. To Register for this Money Making Event
Call (954) 727-9700 Call Now - Space is Limited
REMEMBER - OUR “BIG GIVE” TO BENEFIT WOMEN IN DISTRESS OF BROWARD COUNTY A representative from Women In Distress will be there to collect the wish list items:
School Supplies: Composition Notebooks, loose leaf paper, folders, pens, pencils Women’s Prosperity Network’s “Big Give”
Let’s All Give Big!
May 2nd, 2008
The Florida Legislature is set to adjourn Friday evening. Much has been accomplished, but there is still work to be done! The Florida House of Representatives has passed a number of great property tax reform bills, however, the Florida Senate has so far been unwilling to take many of them up for final consideration. It is important to note that property tax relief WILL be offered on the November ballot thanks to proposed constitutional amendments offered by the Tax and Budget Reform Commission (TBRC). The Senate still has a chance, though, to enact legislation that could result in even greater property tax reforms.
House Bill 129 by Rep. Carlos Lopez-Cantera and House Bill 1283 by Rep. Dean Cannon have both passed the full House and currently await Senate action. HB 129 makes critical changes to the application of the “Highest and Best Use” standard of appraising property, while HB 1283 levels the playing field for property owners who appeal their assessment to the Value Adjustment Board. The Florida Association of Realtors strongly supports these two bills!
In addition, the Governor, the Senate and the House all agree that providing affordable health insurance to Florida’s uninsured is a top priority this Session. While both the Senate and the House have passed health insurance legislation, a compromise has yet to be reached. Florida’s Realtors know that this issue is too important to be caught up in internal politics and a compromise is needed by Friday for final passage. Please let your legislators know that something must be done for the thousands of uninsured Floridians!
Please click here to send your message today and feel free to customize the subject line and any part of the letter to express your personal thoughts! With this Call to Action we have customized letters making it simple for you contact your Senator and your Representative with separate messages. The message to the Florida Senate is to take action on pending property tax and health insurance legislation. The message to members of the Florida House is a “thank you” for passing so many meaningful property tax reform measures and an encouragement to keep working towards a compromise on health insurance legislation.
April 9th, 2008
WASHINGTON, D.C. - As they begin to enter the housing market, many consumers in their 20s are more likely to buy a home at a younger age than their older brothers and sisters as well as their baby boomer parents, and are not necessarily waiting for marriage or even a long-term relationship before becoming homeowners.“The next generation of homeowners is beginning to exert its influence on the housing market,” said Thomas M. Stevens, National Association of Realtors president from Vienna, Va., and senior vice president of NRT Inc. “Many younger buyers have seen the wealth-building effects of homeownership in their parents and understand the value of housing as a good long-term investment.”The motivations, interests, and home buying approach of some younger buyers are chronicled in “Tomorrow’s Buyers: Who They Are and What They Want” in the September 2006 issue of REALTOR Magazine. The report integrates NAR research with the experiences and attitudes of real-life buyers who represent different demographic populations, putting a human face on statistical trends.
The percentage of first-time homebuyers under age 25 has been increasing in response to historically low interest rates and continued confidence in the long-term housing market, from 11 percent in 2001 to 14 percent in 2005, according to the 2005 NAR Profile of Home Buyers and Sellers. “Owning a home is no more burdensome than renting, and in the long term, it’s the better investment,” said Kristen Carreira, a 26-year-old homeowner in Pittsburgh.
Carreira is also part of a trend in single female home buyers. While married couples are still the norm, they represent a smaller share of the home buying public than they did just 10 years ago, from 70 percent of home buyers in 1995 to 61 percent today, says NAR. During that same time, the proportion of single women buying homes has increased, from 14 percent in 1995 to 21 percent today.
Younger buyers are also likely to use technology and the Internet in their home buying search. In 2005, according to NAR research, the median age of buyers who used the Internet to search for homes was 11 years younger than those who did not, at 38 and 49, respectively.
“Realtors have adapted to meet the needs of this growing population of young home buyers,” said Stevens. “More than one-third of NAR’s 1.3 million Realtor members have had special training and lots of experience in buyer representation and technology. That expertise is reflected in special designations and certifications, such as the Accredited Buyer Representative (ABR) designation and e-PRO certification. A commitment to understanding the demands of this changing marketplace is just one more way Realtors add value to the real estate transaction.”
April 6th, 2008
MTV Reality Show, The Paper, was pre-released in a sneak peak premiere on March 26th at Muvico Paradise 24 Theatre in Davie, FL. MTV spent over 5 months filming at Cypress Bay High School in Weston, Florida to create these 8 episodes. The show follows editors of The Circuit, the high school paper of Cypress Bay High School in Weston, Florida, as they produce a 32-page color issue every month, while balancing school work, family, and the typical drama of teenage life. It is continuously FCAT rated as an “A+” school. The Race Distribution is Asian: 4%, Black: 5%, Hispanic: 41%, Native American: 0%, and White/Other: 49%. Cypress Bay High School is located at 18600 Vista Park Blvd, Weston, FL 33332.
April 2nd, 2008
Here are a few advantages of the FHA Program:
1. FHA goes up to a 97.75% Loan To Value (LTV) with no Credit Score requirement.
2. FHA carries no pre-payment penalty.
3. FHA allows a true non occupant co-Borrower.
4. Mortgage Insurance rates are better with FHA than conventional, Fannie or Freddie rates.
5. FHA has lower Mortgage Insurance Premiums (MIP) than a conventional loan. MIP is like PMI - Private Mortgage in a conventional loan.
6. All Borrowers funds may be from a gift.
7. FHA allows up to a 6% Seller Concession at the highest Loan To Value (LTV).
8. There is no reserve requirements (a normal reserve is at least 2 months of PITI (Principal, Interest, Tax, and Insurance).
9. Borrower does not have to have a credit history.
10. Debt Ratios up to 45% are allowed. Compensating factors may be considered for a higher debt ratio.
11. FHA will allow you to do a 95% Loan To Value (LTV) cash out refinance.
If you’d like more information on financing options, please call Courtney Silverman 954-292-0743 or click here to get started on speaking with our Mortgage Consultant, Ana Wilbanks.
March 30th, 2008

Weston Warrior 2008 Football and Cheerleading Registration
When: Sat April 5th 9am-2pm
Place: Tequesta Trace Park
Ages: 6 - 15 year olds
More information call Todd Green, President (954) 349-6717
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Football Eligibility
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Division
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League Age
August 31st |
Weight
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Unlimited
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15
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Unlimited*
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140 lb
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14
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140
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125 lb
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13
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125
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115 lb
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12
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115
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105 lb
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11
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105
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90 lb
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10
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90
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75 lb
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8
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75
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I have been involved with this AYFL program for the last 3 years. My husband coaches and my daughter is a cheerleader. This program is all about the kids. I highly recommend it for your kids. - Courtney
March 28th, 2008
A proposal calling for 6 properties (5 homes and 1 vacant lot) on the north end of the lake calls for de-annexing those properties in favor of Wilton Manors. This proposal comes after attempts to re-zone and re-develop Lazy Lake have failed.
One zoning proposal would let builders triple the village’s number of homes to about 45 single family homes.
Making this an issue at the state level will be setting a precedent encouraging other people in Broward unhappy with their cities to seek deannexation.
Lazy Lake is currently the smallest city in Broward County and the fifth smallest in Florida with 40 residents and 15 beautiful lakefront homes. Call Courtney Silverman 954-292-0743 about buying in this intimate community by Wilton Manors, FL.
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