You’ve probably heard someone invoke the idiom, “A penny saved is a penny earned.” It makes sense to seek the best deal when making any purchase, but looking for the most favorable terms is especially essential when buying a house.The interest rate you obtain for your mortgage can make a significant difference in the total amount you pay for your home, according to … Keep reading... about How to Get the Best Mortgage Rate for Your Florida Home
Mortgages & Financing
FHA Requirements for a Seller
While FHA has relaxed some of the repair requirements for FHA loan approval, there are still many that a seller should consider. If a seller is intent on selling a home "as-is", the seller should be aware of the items FHA will enforce. However, if a seller is still amenable to an FHA mortgage, they should be sure to place a specific dollar cap on repairs that the FHA … Keep reading... about FHA Requirements for a Seller
Buy a home in Southwest Florida
Is 2018 the year to buy a home in Southwest Florida? Analyzing the right time to buy a home in Southwest Florida, otherwise known as "Market Timing", is difficult to calculate. Personal and societal economics are in constant change. Nevertheless, we all need someplace to live and a home is one of our biggest investments. Even if you are considering a second home, it is a … Keep reading... about Buy a home in Southwest Florida
Stay on Track for Home Closing
Closing the sale of a home can be a stressful and time consuming process. The usual time for a home closing from contract acceptance to move in day is between 45 - 60 days. Many buyers moving to Florida are eager to move into their new home and want to speed things along. Whether you have all the time in the world or you wish a fast home closing, you will want to have an … Keep reading... about Stay on Track for Home Closing
Fannie Mae and Freddie Mac Mortgages
Check out these interesting programs for moderate income buyers. If you can't come up with a big downpayment, don't dispair. There are now mortgages for you! If you are a young person or family who is renting a home or condo but wish to buy, you have options. Fannie Mae offers mortgages through a program called HomeReady. Freddy Mac has a program called Home Possible … Keep reading... about Fannie Mae and Freddie Mac Mortgages