Joe Knows Mortgages » brevard county mortgage

Should I refinance?

Joe Harris — Wed, 18 Aug 2010 18:34:28 +0000

With mortgage interest rates as low as they are, you may be considering a refinance. This short video, while wildly amature, discuses the true costs and benifits of a refinance. Please watch, and give us some feedback on the information. Thank you!

Happy Fourth! and Tax Credit Deadline Extention News

Joe Harris — Fri, 02 Jul 2010 21:11:41 +0000

Rates are still at historic lows. If you know of anyone who is thinking about refinancing their current homes, or taking advantage of the combination of low rates and low prices by buying a home, please tell them to give me a call. THank you and have a great holiday weekend!

Brevard County Beautiful Home Showcase June 17th 2010

Joe Harris — Fri, 11 Jun 2010 14:33:02 +0000

Please join us Thursday June 17th in the Grant Valkaria are to view two spectacular properties for this Beatiful Home Showcase . With one listing from The Waterman Team of National Realty and Shari Ayers from Keller Williams, this is sure to be an event that you will not want to miss!

Great News for Buyers with a Short Sale!

Joe Harris — Fri, 21 May 2010 18:30:11 +0000

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 …

The first and most important step in the home buying process…

Joe Harris — Sun, 16 May 2010 17:51:58 +0000

Are you looking to purchase a home? Do you know your purchasing power and Financing options?

Improved Mortgage Insurance Guidelines in Florida

Joe Harris — Wed, 05 May 2010 20:46:29 +0000

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.

No money for a Down Payment?

Joe Harris — Mon, 22 Mar 2010 16:27:03 +0000

Whether you are planning on getting gift funds, taking advantage of community or governmental funds, or selling your antique GI Joe collection, make sure to speak with your mortgage professional to assure that you are properly documenting the funds for the underwriter. There are many rules and regulations surrounding gift funds and cash to close and improper use could spell disaster. Please contact me anytime for further information.

There Is Still Time To Take Advantage Of Government Incentives!!

Joe Harris — Tue, 16 Mar 2010 18:11:28 +0000

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!

Has the Brevard County Real Estate Market hit Bottom?

Joe Harris — Mon, 15 Feb 2010 16:13:14 +0000

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.

FHA Mortgage Update: FHA loan changes and what you need to know

Joe Harris — Wed, 20 Jan 2010 18:24:43 +0000

While it is not official yet, it looks like the FHA is about to make several major changes that will affect borrowers in Brevard County, Florida and the rest of the country. The talked about changes will affect the cost of mortgage insurance, the down payment, the amount of seller paid closing costs, and also some steps towards being able to better oversee and regulate lenders originating FHA loans.