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HAFA $10,000 short sale Florida February 3, 2015

Posted by orlandoshortsalefl in Florida Foreclosure, Foreclosure in Orlando, HAFA, HAFA $10000, Orlando real estate, Orlando Short Sale, Orlando short sale Realtor, Orlando short sales, short sale realtor.
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Great news for our Orlando Florida homeowners. The banks are now required to give you $10,000 in relocation assistance on an owner occupied HAFA short sale. This has increased from the $3,000 relocation incentive previously offered by HAFA.

You will still have to qualify for the HAFA short sale and the loan can not be owned by Fannie Mae, Freddie Mac, VA or FHA for this $10,000 incentive. We are hopeful Fannie and Freddie will follow suit and increase their incentives as well. The new directive is for new short sales that close after February 1, 2015. If you are unsure who owns your loan just ask, we will assist you in getting the most amount in relocation funds possible.

We have a seller who has already qualified for the $10,000 HAFA incentive in Orlando and we will be closing by the end of the month. Needless to say she is thrilled to be getting a $10,000 relocation amount instead of the $3,000 originally offered by the lender. In this case losing our first buyer was a $7,000 bonus to her family.

If you are considering a short sale or know someone who needs our assistance please contact us to discuss your options.

When you hire an agent ask them to show you their recent approval letters or some of their closed sales. You want to have a Short Sale expert on your side. At Asset One Realty, Wendy and I have this knowledge and we have the documentation to back it up. Remember foreclosure is the last resort.

Contact us at our Web Site or Short Sale Answers this site has videos of the 5 most asked questions regarding a short sale and video testimonials from our clients.

Email us direct at paganorealtor@gmail.com or assetonebroker@gmail.com

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Orlando Short Sales | HAFA $10,000 Short Sale | Short Sale Realtor

Orlando Short Sales | HAFA $10,000 Short Sale | Short Sale Realtor

Orlando Short Sales | HAFA $10,000 Short Sale | Short Sale Realtor

Orlando Short Sales | HAFA $10,000 Short Sale | Short Sale Realtor

Orlando Short Sales | HAFA $10,000 Short Sale | Short Sale Realtor

Did you know that Personal Judgments can affect your Short Sale? June 7, 2013

Posted by orlandoshortsalefl in Bank of America short sale, FHA short sale, Florida Foreclosure, Foreclosure in Orlando, judgments and short sales, orlando foreclosure, Orlando pre foreclosure, Orlando real estate, orlando realtor, Orlando Short Sale, Orlando short sale Realtor, short sale, Wells Fargo short sale.
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My husband Scott who is also a Realtor works very hard and very smart. Our specialty….Short Sales of course. 

Recently Scott has been working diligently on a Short Sale due to the Pending Foreclosure Sale date. As you know when that date is set, the clock it is a ticking. By the way Scott works diligently for all of his sellers. Well the title work came back and there are personal judgments against the seller. Can these personal Judgments prevent this Short Sale from closing? The answer is:  Yes they can.

Let me explain. A personal Judgment goes against the Seller and although it’s not attached to the Home it’s attached to the person trying to sell their home which can prevent the sale unless satisfied. So let’s talk about what types of personal judgments there are.  You can have a small claims case in which it didn’t go in your favor. You may have a criminal traffic ticket that hasn’t been paid or you were sent to collections court in the Clerk of court for that ticket. You may even have a credit card you stopped paying on years ago and just never did anything about it. These are just a few examples.

Now here is what you need to know. These types of challenges can ultimately hurt your chances of selling a home, but like any challenge there is always a solution. Here are a few steps you can take to correcting a situation like this. First off, when your listing your home in a Short Sale be up front with your Realtor/Broker, tell them about these outstanding items. Remember we are trained to handle these types of challenges. You can also pay them to get them recorded and satisfied. And if this is your personal residence you can file what’s called a “Notice of Homestead”, which then has to be sent to all creditors and there’s a 45 day response period before they are no longer active.

If we know about these Judgments upfront, we can give you the information you need to make this a Successful Short Sale.  

One more thing…. We understand it may be difficult to tell us this personal information that you may feel uncomfortable but just remember we ALL have bumps in this road we call life and in the end we ALL put our pants on the same way. One leg at a time.

Hope this helps those that are reading my Blog today.

Wendy Golding

When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. At Asset One Realty, Wendy and I have this knowledge and we have the documentation to back it up. Remember foreclosure is the last resort. Contact us at our Web Site or Short Sale Answers this site has videos of the 5 most asked questions regarding a short sale and video testimonials from our clients. Email us direct at paganorealtor@gmail.com or assetonebroker@gmail.com

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Cypress Fairway Condos in Orlando Rent versus Owning June 4, 2013

Posted by orlandoshortsalefl in cypress fairway condo Orlando, Orlando Condo, Orlando real estate, orlando realtor, Orlando Short Sale, Orlando short sale Realtor, short sale.
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I received a call from my cousin Ashley last night. Ashley is recently engaged to a super nice guy his name is Chris. They are both in the mid twenty’s and are planning their upcoming nuptials. Ashley is a Physical Trainer at the YMCA and Chris is an up and coming Golf Professional. They are going to have a wonderful life together.

Anyway Ashley is renting at Cypress Fairway in Orlando 32811, it’s between Universal Studios and Millenia Mall. It’s a Gated Community with nice amenities and a great location that’s very central to both their jobs.  Well last night her landlord calls her and asks her if she and Chris would like to buy the Condo for $70,000. Excited at the possibility Ashley took down the information ended the call and started her due diligence. That’s right she called her cousin who is a Real Estate Broker and asked me to check out the values for the unit. Good Job Ashley!

The landlord is asking $70,000 for the unit. This morning as I am checking out the values I noticed the asking price is over the value by nine to ten thousand dollars. That’s ok I thought, because the price is always negotiable.  But then I started to think that Ashley and Chris once married may outgrow this one bedroom one bathroom condo pretty fast.  But on the other hand this may be a good investment for them and if they could live there for two years after they are married and allow the unit to appreciate they could actually make enough money from the unit to put a nice down payment on a home.

So the point of this Blog is to ask yourself these very questions when you are approached with buying your rental.  

Rental versus Owning, well Yes owning will always come ahead because it’s more economical as well as a good investment.  But…..what do you see in your future? Will the size of your rental accommodate your future needs? With a young couple like Ashley and Chris you never know once they are married if two becomes three.  Just my thoughts and I hope this helps Ashley and Chris and maybe those that are reading this Blog today.

 When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. At Asset One Realty, Wendy and I have this knowledge and we have the documentation to back it up. Remember foreclosure is the last resort. Contact us at our Web Site or Short Sale Answers this site has videos of the 5 most asked questions regarding a short sale and video testimonials from our clients. Email us direct at paganorealtor@gmail.com or assetonebroker@gmail.com

Like what you see? Subscribe to our blog.

 

Our Jerry Maguire moment as Realtors June 3, 2013

Posted by orlandoshortsalefl in Foreclosure in Orlando, orlando foreclosure, Orlando pre foreclosure, Orlando real estate, orlando realtor, Orlando Short Sale, Orlando short sale Realtor, Orlando short sales, short sale, short sale realtor.
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My husband Scott and I recently went on our annual week vacation; by the way Scott is also a Realtor. We prepared all of our clients, title agents and our fellow Realtors that we would be going on a Cruise and unable to be contacted. We were very diligent in thinking of every possible scenario that could become a challenge in our absence and we put in place steps for parties in the transactions to follow if they were to occur. We stepped on the ship and shut down our phones, put on our sunscreen and we were in Cruise mode.

As Realtors we all know how necessary vacations are. As Realtors we all fear something will go wrong with our Pending transactions while we’re on vacation. So how does this work, how can we enjoy our vacation that is overdue and needed to maintain our Family life? You just do!

It was when we were on our Cruise that both Scott and I had a Jerry Maguire moment. It was on this vacation that we both solidified we are doing things right. Not by making money right but Right meaning by people right. Let me explain.

The Cruise has an Art Auction which my Husband Scott had encouraged me to attend, having never attended an Art Auction and a lover of Art we attended. We had the best time; we enjoyed the Art, the stories behind the Artists and energy in the gallery. The auction lasted about an hour and a half, we had champagne and were given a auction paddle for bidding and bid we did. I have to admit we were caught up in the Art, the emotion of the artist’s stories and the energy from the auctioneer. Next thing you know we committed to $380.00 in Art, which we couldn’t have been more thrilled. After the auction a member of the Gallery comes to you and scheduled a time for you to come in and settle the payment. No problem we said they had 6pm available. When 6pm came we were there and the $380 turned into $2300 with framing and shipping. Still fine about it, we left about 7pm.

Fast forward to the last day of the Cruise and yet another Auction and another $5000 later, yes we bought more Art. We went back at 6pm to settle, then to the Customer Service desk to add another credit card then back to the fun. We went to dinner and gave our well wishes and tips to the dinner team and we were off to the Casino. We played penny slots and on our 3rd spin we won $983, I know right? We couldn’t believe it, we were so excited and our server was excited too and behind us was also our Gallery Rep who didn’t seem excited. We’re all smiles and he just tells us he had the ship service dept track us down by where we using our sign and sail cards last. We’re like HUH? He goes on to tell us the 2nd credit card could not be charged without removing the first credit card on the account and he had to balance the books. The gallery rep had a tone and insisted we go to Customer Service to handle this immediately. Scott said we have plans for the comedy show and it will have to wait until we return. The gallery rep once again insisted we take care of this now and again with the tone. We were both firm and said after the show.

So we went to the show, it was hilarious the comedian was new to the ship and we never laughed so hard. When the show was over we stand up to leave and who was behind us, you got it the Gallery Rep. Enough was enough, Scott and I looked at each other like are we being stalked? Again the Gallery Rep with his tone and insistence. This was enough, we told him to cancel the 2nd auction items and we’ll just take our 1st day pieces he would not take no for an answer and asked us to come to the Gallery with him. Keep in mind, the money at this point was not the issue. We did go back to the gallery, and it just went from bad to worse. We told him again, we’ll take the 1st day art and cancel the 2nd. The Gallery rep went on to tell us how he had to get up very early and had still to balance his books. At no point was the conversation about us, our love for the art, our last day of vacation and it being 2am. For a fourth time we told him to cancel the 2nd order and he made the fatal mistake of calling me “Sweetheart”. My husbands said don’t call her Sweetheart and I also said DO NOT call me Sweetheart. I gave him a lecture about how to treat clients and about what was right, what he did wrong and how his condescending words made me feel belittled. Ending my speech with Cancel everything! Scott and I exited the Gallery at 2:30am on our last night of our vacation feeling frustrated, angry and disappointed.

Sleeping was difficult; we just couldn’t understand this type of treatment from someone. We understand sales; we’re in sales we get it but like this. Never!

The next day, my Husband Scott and I talked about it some more. This is when we had our Jerry Maguire moment. We always knew we were doing things right by the families we worked with, but we never gave ourselves the credit we deserve. We put the money aside on every transaction and put the people first. The pay will follow once the family is taken care of and the job is done. We understand that when you’re Business Owners like we are the bottom line is important for the company to thrive and grow. We understand that a Company can’t stay in business unless it profits. We understand the economics of Business Development. But….. we also see how many families we help, with our competence and caring attitude. Scott and I are giving ourselves a big pat on the back because we are in it for the right reasons for our values, our families and our Clients.

It took Scott and I to be treated poorly to really understand what is most important to us as Business Owners and Realtors. It took our vacation our one week that we allow ourselves per year to finally get it and say to each another, “You’re doing it right!” “Good Job!” and “Keep up the good work”!

When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. At Asset One Realty, Wendy and I have this knowledge and we have the documentation to back it up. Remember foreclosure is the last resort. Contact us at our Web Site or Short Sale Answers this site has videos of the 5 most asked questions regarding a short sale and video testimonials from our clients. Email us direct at paganorealtor@gmail.com or assetonebroker@gmail.com

Like what you see? Subscribe to our blog.

 

 

Bermuda Dunes Orlando Short sale May 2, 2011

Posted by orlandoshortsalefl in Bermuda Dunes, Orlando real estate, Orlando Short Sale.
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WE HAVE CASH BUYERS FOR  BERMUDA DUNES

Dear Property Owner of Bermuda Dunes:

My Name is Wendy Golding, Broker/Realtor/Owner of Asset One Realty, Inc.  My husband Scott Pagano and I work primarily with Distressed Home Sellers, these are Short sales.

As many you may be aware the housing crisis has hit Orlando Florida very hard. For some of us who have invested in the peak of the boom we are facing defaults and foreclosures.

There are options out there for you.  Right now Asset One Realty, Inc. has qualified Buyers for Bermuda Dunes located in Orlando 32835.  These are cash buyers who are very eager to own at this location.

Scott and I have negotiated many Short sales for Investors and would like to assist you with yours.  Now is the best time we have Cash Buyers waiting for Condo’s at Bermuda Dunes.

Please contact us today, there are three ways to reach us: email:  assetonebroker@gmail.com

Wendy’s Cell Phone 407-470-3894 or Office Phone 407-299-1888
Web Site

We guarantee that we will get your Short Sale approved. Visit Video Web Site for videos on your Short sale Questions

Sincerely,

Wendy Golidng

Broker/Realtor/Owner Asset One Realty, Inc.

ASSET ONE REALTY INC. is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

If you stop paying your mortgage, you could lose your home and damage your credit rating.

Visconti Maitland Short Sale May 2, 2011

Posted by orlandoshortsalefl in Orlando real estate, Orlando Short Sale.
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WE HAVE CASH BUYERS FOR  VISCONTI

Dear Property Owner of Visconti:

My Name is Scott Pagano/Realtor with Asset One Realty, Inc.  My wife Wendy Golding and I work primarily with Distressed Home Sellers, these are Short sales.

As many you may be aware the housing crisis has hit Orlando Florida very hard. For some of us who have invested in the peak of the boom we are facing defaults and foreclosures.

There are options out there for you.  Right now Asset One Realty, Inc. has qualified Buyers for Visconti located in Maitland FL.  These are cash buyers who are very eager to own at this location.

Wendy and I have negotiated many Short sales for Investors and would like to assist you with yours.  Now is the best time we have Cash Buyers waiting for Condo’s at Visconti.

Please contact us today, there are four ways to reach us: email:  paganorealtor@gmail.com

Office Phone 407-299-1888 Direct:407-427-4763 Web site
We guarantee that we will get your Short Sale approved. Visit Video web site for videos on your Short sale Questions

Sincerely,

Scott Pagano

Realtor with Asset One Realty, Inc.

ASSET ONE REALTY INC. is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

If you stop paying your mortgage, you could lose your home and damage your credit rating.

Short Sales on Investment Properties October 31, 2010

Posted by orlandoshortsalefl in Foreclosre, Foreclosure, Foreclosure in Orlando, orlando foreclosure, Orlando pre foreclosure, Orlando real estate, Orlando Short Sale, Orlando short sale Realtor, Orlando short sales, short sale, short sale investment property, short sale investor, short sale realtor, Stop foreclosure.
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So here is the story, you have a rental property but you live out of state, out of country or just out of town. The Tenants stopped paying Rent so you had to go through the eviction process long distance. You finally get them evicted. However now after months of them not paying rent led to the financial strain on your Bank account. You’ve had to pay the mortgage and the HOA . Only to find out that the Tenants moved back in again. Brace yourself folks you have Squatters.

You’re asking yourself is this possible and the answer is “Oh it be Possible”. What happens is they leave a window or the garage door unlocked so they can get back in the home.
Here are some preventative measures you can take once the eviction process is complete.
1. Get the locks changed.
2. Call the utility companies to make sure the electric and water is turned off.
3. Contact your neighbors next to your investment property; ask them to keep an eye out for any activity.
4. Contact your Home Owners Association and let them know the Tenants have been evicted and the property is now vacant.

So let’s say the house is secure and squatter free, what are your options. The strain of no rental income has caused you financial hardship and it is becoming increasingly difficult to keep up with your own mortgage.
Here are some options to consider.
1. Find another Qualified Renter quick.
2. Loan Modification of your current mortgage or mortgages.
3. Sell as a Short sale.
4. Deed in Lieu of Foreclosure.
5. Foreclosure.

If you choose Short sale as your option, we would be happy to help you. There are no fees for our service all commissions are paid directly from your Lenders.
This is what you can expect from Asset One Realty, Inc.
1. We’ll help you get the locks changed and we’ll meet the locksmith out there or do it ourselves.
2. We’ll make contact with your neighbors to keep your property squatter free.
3. We’ll list and market your property to sell.
4. We’ll contact your lenders on your behalf and facilitate the Short sale. Our final goal is to complete the sale.

We have had this scenario on several of our listings. It’s very stressful when you have so much distance from you to your property. Let us help you.
When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. Wendy and I have this and we have the documentation to back it up. Remember foreclosure is the last resort. Contact me at http://www.scottnwendy.com or paganorealtor@gmail.com

Wendy Golding/Asset One Realty, Inc. Licensed Real Estate Broker 407-299-1888

Short Sale and Divorce October 30, 2010

Posted by orlandoshortsalefl in Florida Foreclosure, Foreclosre, Foreclosure, Foreclosure in Orlando, HAFA, orlando foreclosure, Orlando pre foreclosure, Orlando real estate, Orlando Short Sale, Orlando short sale Realtor, Orlando short sales, short sale, short sale realtor, Stop foreclosure.
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Who gets what? Where will the kids stay? Will I have to have enough money to move? What about the house? These are all the questions that you’ll be asking yourself when going through a Divorce.
Short sales and Divorce can be trying times there is no way to sugar coat it. What may help you is to have an experienced Realtor handle the Short sale for both of you. My goal is to stay true to both parties and complete the task of the Short sale.
In my most recent Short sale the couple was going through an emotionally difficult divorce. It was very hard for them and I wanted to make sure that I handled as much as I was allowed during the process to release some of their burden.
In the beginning of our process there were late night calls of worry and unexpected twists and turns. I would find that one party would be reluctant to provide me with documentation or signatures while the other party was very anxious. After speaking with them both, I found that the reluctant party just needed to vent and the anxious party was just scared. I stayed true to each of them and just listened. Divorce is never easy for anyone, and then add the Short sale of your home into the mix and you have a lot of emotion.
As time went by the calls were fewer and my requests were filled quickly. This is when I realized they really did trust me and I would do everything I could to keep their trust and remain loyal to both of them.
When it came time to close it was seamless! No hic ups, no twists or turns, just complete cooperation from both parties.
I am happy to say that Mr. and Mrs. Are both moving on with their lives and have had a large portion of worry lifted from their shoulders due to their Short sale being completed.
Every situation is different and each person involved has needs that are different. If your in a similar situation but aren’t sure how to go about executing your Short sale while going through your divorce, call me. I’ll be happy to answer your questions and assist you during this tough time.

When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. Wendy and I have this and we have the documentation to back it up. Remember foreclosure is the last resort. Contact me at http://www.scottnwendy.com or assetonebroker@gmail.com

scan to our web site

Sincerely,
Wendy Golding/Asset One Realty, Inc. Licensed Real Estate Broker 407-299-1888

Tax Credit Extended July 1, 2010

Posted by orlandoshortsalefl in 6500 tax credit, 8000 tax credit, Orlando real estate, Tax Credit, tax credit information.
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The Senate and the House have sent the bill to the President to be signed. the tax credit extension is now until September 30, 2010. This is for all contracts that were in place as of April 30, 2010. This is a major victory for all the homebuyers who from no fault of their own had been waiting to close.

Congress has also passed the National Flood Insurance Program Extension Act of 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period.

My thoughts on this are very positive for the housing market. However maybe next time our House and Senate will not wait until the last minute to do something. I won’t hold my breath but it sure would help.

When you hire an agent ask them to show you their approval letters or some of their closed sales. You want to have an expert on your side. Wendy and I have this and we have the documentation to back it up. Remember foreclosure is the last resort. Contact me at www.scottnwendy.com or paganorealtor@gmail.com or you can use my 24 hour recorded info hotline 1-866-647-8425 EXT 104. Also check out this site I created for a report on the top 10 scams for homeowners facing Foreclosure. www.stopthephonecallsorlando.com

Tax Credit from Florida Realtors June 29, 2010

Posted by orlandoshortsalefl in 6500 tax credit, 8000 tax credit, Orlando real estate, Tax Credit.
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I usually summarize the news from the Florida Realtors® News. However in this case I want you all to read this word for word as I could not have put it better. Our government as usual has waited until the final hour to approve the tax credit deadline as well as the missing the deadline on the flood insurance. This is going to cause major problems with over 100,000 home buyers throughout the USA. I have already written to the Senate and the House members. I would advise and urge everyone to do the same. In my opinion this is an outrage for all of us. We need to let our voices be heard.

Tax credit demise threatens closings

WASHINGTON – June 29, 2010 – According to the National Association of Realtors® (NAR), up to 180,000 homebuyers will lose their federal homebuyer tax credit through no fault of their own if Congress fails to pass an extension by June 30 when the closing deadline expires.

Included in that number are thousands of homebuyers in every state of the union, from 390 in Wyoming to 17,700 in California, according to estimates by NAR. In Florida, 14,830 homebuyers could lose the tax credit if closings are delayed.

“We are strongly urging the Senate and the House to act quickly to pass this legislation and ease the minds and pocketbooks of these homebuyers,” said NAR President Vicki Cox Golder.

“These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a workflow jam with lenders or other delays such as lapses in the National Flood Insurance Program, Rural Housing Service, and new home construction, and might not be able to complete the purchase of their homes by the current deadline,” said Golder. “It would be a tragedy for them not to be able to complete the purchase in time to claim the credit.”

NAR issued the following state-by-state estimate of the number of home sales that would be delayed beyond the June 30 deadline; numbers are rounded to the nearest 10:

Alabama, 2,590
Alaska, 830
Arizona, 5,440
Arkansas, 2,090
California, 17,700
Colorado, 3,390
Connecticut, 1,770
Delaware, 400
District of Columbia, 300
Florida, 14,830
Georgia, 6,270
Hawaii, 710
Idaho, 1,270
Illinois, 7,030
Indiana, 3,560
Iowa, 2, 030
Kansas, 1,840
Kentucky, 2,540
Louisiana, 1,800
Maine, 840
Maryland, 2,630
Massachusetts, 3,930
Michigan, 6,470
Minnesota, 3,760
Mississippi, 1,530
Missouri, 3,600
Montana, 760
Nebraska, 1,110
Nevada, 3,800
New Hampshire, 690
New Jersey, 4,300
New Mexico, 1,160
New York, 9,190
North Carolina, 4,890
North Dakota, 460
Ohio, 8,510
Oklahoma, 2,760
Oregon, 2,090
Pennsylvania, 5,830
Rhode Island, 500
South Carolina, 2,460
South Dakota, 500
Tennessee, 3,910
Texas, 15,340
Utah, 1,130
Vermont, 400
Virginia, 3,890
Washington, 3,190
West Virginia, 940
Wisconsin, 2,690
Wyoming, 390

© 2010 Florida Realtors®