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Welcome to Tampa Real Estate News!

Thanks for visiting us at Tampa Real Estate News.  This is a blog developed by Realtors for Realtors, real estate agents and you, the general public.  We want you to feel free to express yourself here without worry for any political correctness.   We only ask that you keep it clean, truthful and within the confines of the NAR Code of Ethics (i.e., don’t badmouth other Realtors, etc.)  Hopefully we can share some insight into our local real estate, as well as our State and National Associations. Thanks for your participation.  Without you, there is nothing to say!

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Prediction: Magazine, TV ads on way out

January 15, 2012

ST. LOUIS (UPI) — Traditional advertising for products — magazine ads and 30-second television commercials — may go the way of the rotary phone, a U.S. researcher predicts.Seethu Seetharaman of Washington University in St. Louis said so-called crowdsourcing, viral Internet campaigns, product placements and guerrilla promotions will dominate the marketing and advertising landscape going forward.

“Traditional expensive advertising is no longer effective given all the clutter, as well as the emergence of technologies, like digital video recorders, that block the ads from even being viewed, much less absorbed, by consumers,” Seetharaman said in a statement.

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Raskin Urges Penalties on Mortgage Servicers

Published: January 7, 2012 at 4:35 PM ET
WASHINGTON (Reuters) – Federal Reserve Governor Sarah Bloom Raskin on Saturday said the Fed must impose monetary penalties on banks who entered into an April agreement with regulators over how to fix problems in their mortgage servicing businesses.
“The Federal Reserve and other federal regulators must impose penalties for deficiencies that resulted in unsafe and unsound practices or violations of federal law,” Raskin said in remarks to the Association of American Law Schools. “The Federal Reserve believes monetary sanctions in these cases are appropriate and plans to announce monetary penalties.”

Fed: Mortgage servicers have ‘problems’

WASHINGTON (UPI) — Mortgage servicers are preventing the U.S. government from fixing the broken housing market and consequently the economy, a Federal Reserve official said.

Sarah Bloom Raskin, a Federal Reserve governor, called mortgage servicers’ practices “sloppy and deceptive,” The Wall Street Journal reported Sunday.

It is necessary “that the severe misconduct that has been uncovered in the mortgage servicing sector be addressed through intensified public enforcement of the law as part of the overarching effort to rebuild our damaged communities and neighborhoods,” Raskin told a conference of the Association of American Law Schools.

Servicers are responsible for collecting payments on mortgages but aren’t necessarily the ones who grant the mortgage and hold it, the newspaper said.

Raskin said federal regulators have found 14 of the largest mortgage servicers have “significant problems,” including forged promissory notes, erroneous fees and illegal foreclosure actions.

“The Federal Reserve and other federal regulators must impose penalties for deficiencies that resulted in unsafe and unsound practices,” she said.

Copyright 2012 by United Press International

Google Doodles …

Google doodles an Imelda Marcos Thanksgiving
Google’s Thanksgiving doodle is simple and colorful, and when you click on the turkey’s feet, they get a different pair of shoes also you can change the hair and feathers.
    Click Here.

 

11 Tips for Safe Online Shopping …

Billions of dollars will be spent online over the course of the next month, and, unfortunately, there are those that will be looking to steal some of it. Make sure you’re not a victim.
Managing Editor, Business eric_griffith@pcmag.com
  Eric Griffith
Eric Griffith

Let’s face it, there’s every reason in the world to shop online. The bargains are there. The selection is mind-boggling. The shopping is secure. Shipping is fast. Even returns are pretty easy, with the right e-tailers. Shopping has never been easier or more convenient for consumers.

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Holiday Shopping Tips from the Internet Crime Complaint Center

Prepared by the Internet Crime Complaint Center (IC3)

November 21, 2011

Holiday Shopping Tips

In advance of the holiday season, the FBI reminds shoppers to beware of cyber criminals and their aggressive and creative ways to steal money and personal information. Scammers use many techniques to fool potential victims including fraudulent auction sales, reshipping merchandise purchased with a stolen credit card, sale of fraudulent or stolen gift cards through auction sites at discounted prices, and phishing e-mails advertising brand name merchandise for bargain prices or e-mails promoting the sale of merchandise that ends up being a counterfeit product.

Fraudulent Classified Ads or Auction Sales

Internet criminals post classified ads or auctions for products they do not have. If you receive an auction product from a merchant or retail store, rather than directly from the auction seller, the item may have been purchased with someone else’s stolen credit card number. Contact the merchant to verify the account used to pay for the item actually belongs to you.

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Edina Realty Pulls Its Real Estate Listings from Third Party Aggregators

Citing a multitude of reasons that affect both consumers and REALTORS®, Edina Realty leadership decides to pull its real estate listings from third party aggregators Trulia.com and Realtor.com

Edina, Minn. – Nov. 18, 2011 – Edina Realty leadership has decided to pull the company’s real estate listings from third party real estate aggregators such as Trulia.com and Realtor.com. Edina Realty will no longer list its properties on Trulia.com starting Nov. 30, and Realtor.com in the “near” future.

“We’re confident that our decision to pull our listings from Trulia.com and Realtor.com is the right one for consumers as well as our agents and brokerage,” said Bob Peltier, president and CEO of Edina Realty Home Services. “Our clients are number one. And we have an obligation to represent them according to a specific code of ethics and state law. That means we are invested in the integrity of the information we publish on their behalf. The inaccuracies we’ve seen on third-party aggregator sites give us cause for alarm, and the reality is that we are no longer willing to surrender our business – or the consumer’s real estate experience – to third party aggregators, who are not required to operate under the same rules and laws as brokers.”

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St Petersburg Times changes to the Tampa Times

Effective January 1, 2012, the St Petersburg Times will become the Tampa Bay Times.  In a recent press release from Bruce Faulmann, Vice President of Sales & Marketing …

“We wanted to take a moment to thank you again for turning to the Times to help your business thrive.

As you may have read, the St. Petersburg Times will become the Tampa Bay Times starting Jan. 1.

As the leading newspaper in Tampa Bay, the name Tampa Bay Times reflects what we have been for a number of years and more accurately represents our readership and circulation coverage.  In fact, the majority of our circulation reaches beyond St. Petersburg.

You can be confident that our local, independent ownership positions us to deliver what matters most to the citizens of Tampa Bay – first-rate journalism, service to democracy and a vibrant marketplace. Throughout the years, your partnership has meant a great deal to us.

In the years to come, we look forward to your confidence and support as we continue to grow in Tampa Bay.”

Foreclosure, abandonment laws to be discussed at Pasco meeting

Attorney Steve Mezer of Bush/Ross in Tampa will help local homeowners groups understand home foreclosure and abandonment laws at the Thursday meeting of the Pasco Alliance of Community Associations. The meeting starts at 7 p.m. at the Land O’Lakes Community Center, 5401 Land O’Lakes Blvd., 3 miles north of State Road 54. “On a good day, the complexities of real property-related laws are mind-boggling for the citizens who serve on community boards across Pasco County,” association president Jim Flateau said. “Even as we try to understand them, the statutes change, and so does the housing market. Steve has previously brought his unique experience to our members, who are eager to hear his insights on the ever-changing landscape that we all confront in trying to manage our communities.” For information on PACA, contact vice president/membership director David Quinones at (813) 991-1505 or visit www.MyPACA.org.