February 2010 
There are 2 blog entries for February 2010.
February: What's Going on in Cape Coral, Florida?
Monday, February 8th, 2010 at 6:37pm. 1314 Views, 0 Comments.
Whether you live nearby or are flying in to look at Cape Coral property, this calendar of upcoming events will provide you with entertaining things to do while you are here. Explore the area, take in the culture, enjoy all that SW Florida has to offer.
First Saturday of each month
South Cape Street Market:
Just like the open markets
that are so popular in Europe, South Cape hosts a street market on the first
Saturday of each month. The Cape's market takes place on Vincennes Boulevard
and runs from November through April each year.
Hours of operation are from 9 am to 2 pm and admission is free.
With well over 60 vendors, the market attracts thousands of visitors to browse through lovely antiques , handcrafted artwork , and…
Today is the Day: HUD Suspends the 90-day Anti-Flipping Rule
Monday, February 1st, 2010 at 7:20am. 409 Views, 1 Comments.
Great news for investors. Beginning today, February 1st, HUD has decided to shelve the current FHA 90-day anti-flipping rule for a one year period. This single act should boost Cape Coral waterfront home sales and bring even more investors to the area.
Under the new rules, homes sold within the past 90 days may be resold with an FHA backed mortgage. There are some specific guidelines that should be understood. These serve to protect HUD from insuring overvalued properties while still allowing the true investor to pick up a property at a low price, make necessary renovations, and turn a justified profit.
The protective guidelines include three main points:
1. The transaction must hold no inappropriate interest…