The luxury or high end real estate market in Florida is seeing more action now than it has in the last couple of years. Jumbo loans are available in Florida.
Category Archive: real estate information
Oct
05
Fannie Mae Foreclosures and the HomePath Mortgage
Eligible Fannie properties require NO PMI, and currently have very low interest rates! Go to HomePath.com to get a list of homes. I can help you finance these properties, for more information, please contact me for additional details at Joe@joeknowsmortgages.com or 321-757-3570.
May
21
Great News for Buyers with a Short Sale!
New Eligibility Rules Announced From Fannie Mae! There’s great news from Fannie Mae for home buyers who have experienced a short sale or deed in lieu of foreclosure. To help the housing market’s continued stability, Fannie Mae is changing the “waiting period” (i.e. the amount of time that must elapse after the preforeclosure or short …
May
05
Improved Mortgage Insurance Guidelines in Florida
It looks like we are starting to see some improved guidelines here in Florida. Up until last week, borrowers could not get better than a 90% (primary residence) loan to value because of the lack of mortgage insurance in the state. That has now officially changed. I have attached the guidelines that are being used for those loans below.
Mar
16
There Is Still Time To Take Advantage Of Government Incentives!!
It is a great time to be involved in the Real Estate industry; home prices are great, interest rates are at historic lows, and there are still government incentives to purchase a home. The government incentives are set to expire, and you will need an executed contract by the end of April to take advantage of the tax credit. There is still time to get in on this once in a lifetime deal, so do not delay, act now!
Feb
15
Has the Brevard County Real Estate Market hit Bottom?
Welcome to the first market data report for Brevard County Real Estate of 2010. While 2009 turned out to be a good year for both the reduction in inventory, and sales of existing inventory, it also proved to be the year of lending changes, and bottoming out prices. With 2009 in the distant past, we now get our first glimpse into the new decade for 2010.
Nov
06
First Time Homebuyer Tax Credit Extended Into 2010!
First Time Homebuyer Tax Credit Extended Into 2010! Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending …






