Getting a home appraisal
A property appraisal is different from a property inspection. The home appraiser’s job is to determine the current value of a house or other property. The appraiser, of all the people you encounter during a home purchase, is the one you’ll probably interact with least. Looking for issues in the home that the buyer should […]
What to look for during a home inspection
If you’re in the process of buying a home, you likely experienced a home inspection. Home inspections occur to protect both buyer and seller. Buyers want to know they are making a sound investment and a thorough home inspection can provide assurance. For sellers, an inspection verifies the condition of the home at the time […]
You Really Can Be A Homeowner
Buying a home is a major life milestone, and with it comes a lot of financial scrutiny and planning. The initial part of the process of getting your mortgage is paying close attention to your finances. It is crucial you don’t do anything that will cause your mortgage to be denied. You need to have […]
Today’s Low Interest Rates
In the sixth straight week of decline, the 30-year fixed-rate mortgage averaged 3.82% for the week of May 30. This is down from 3.99%. It was the lowest level since September 2017. Borrowers are receiving exceptional rates compared to last year at this time, when 30-year mortgages were averaging 4.54%. The monthly payment on a […]
How Long is the Mortgage Process in Florida?
Unfortunately, the honest answer is that it depends on a number of things. The most important is how long it takes you to find a Florida property you want to call home. It could take months or possibly years if you include the search as part of the process. You want to be thorough, when […]
Are you financially ready to buy a house?
A home is likely the single largest investment you will make in your lifetime. It has enormous potential to build up your wealth over time. But did you know that even in a relatively unpredictable market, you can purchase a home? If you adjust your thinking and your vision, you can almost always buy something […]
Millennials and the Home Buying Experience
Totaling more than 80 million individuals, millennials represent the largest generation in the U.S. By 2025, they will claim three-quarters of all jobs. Also considered the best educated, 35% of 25 to 29-year-olds hold a degree, while at the same time carry some of the highest debt levels due to student loans and credit card […]
Hidden Costs of Home Ownership
To determine what they can afford, buyers too often focus on mortgage payment or a home’s list price alone. Non-mortgage related costs associated with homeownership can affect the monthly bottom line, if you’re not prepared. Let’s take a look at some of the hidden costs of home ownership. Property taxes If you’re only plugging in […]
How to Become a Homeowner in Florida
If you’ve ever wanted to buy a house in Florida, you’ll need to go through a lot of steps. In this article, we provide an overview of how to become a homeowner in Florida. Budget You need to know exactly how much home you can afford before you begin your home search. The mortgage payment […]
Reasons to Use the Best Mortgage Brokers in Florida
When considering buying a home, most people require a mortgage to do so. Doing business with banks and lenders directly or hiring a mortgage broker. Finding a mortgage broker is a bit more difficult than it used to be but are still part of the mortgage marketplace. In this article, we’ll cover the reasons you […]
