This is important because if you are looking for a home, know someone who is looking for a home, or have a client who is looking for a home, please let them know that if they fail to act, it may cost them thousands of dollars.
Tag Archive: mortgage
Sep
01
The PreApproval Process
The PreApproval is a means for a buyer to discover their purchasing power, financing options, the process of the loan, as well as the costs associated with that loan before shopping for a home.
Aug
18
Should I refinance?
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!
Jul
28
8 Credit Mistakes to Avoid Durring the Loan Process
There are many new rules and stricter credit guidelines that continue to impact borrowers qualifications. While the borrower’s credit is pulled prior to application, many do not realize that the underwriter can, and in many cases, is re-pulling the credit of the applicant prior to closing.
Jul
09
Are you waiting to buy because you think prices are declining?
Since rates are at the lowest point ever, and we know that they have to go up, assuming that rates will rise, it may not make mathematical since to wait.
Jul
02
Happy Fourth! and Tax Credit Deadline Extention News
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!
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
22
No money for a Down Payment?
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.
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.
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