When is a First Time Homebuyer not a first time homebuyer? According to our loan programs a first time home buyer is anyone who has not owned any property in the past three (3) years at the time of credit application.
If you’re like most people who own some type of residential real estate, your perception of it’s value is probably what convinced you to buy it in the first place. Realtors constantly try to create an illusion of value in order to sell properties. Sometimes the best perceived value is built into the property and [...]
When I decided to become a licensed realtor and practice the business full time I was asked by friends and relatives a simple question ………. Why? My response back than was typically the same to everyone ….
According to Money Magazine, some real estate markets will continue to experience prices free falling over the next 12-18 months before bottoming out. On the flip side of that forecast they’ve also published the fastest growing real estate markets in the nation. Even as prices continue to deflate, there are actually areas that have appreciated [...]
SPRINGTIME Historically the best time for families to buy or sell a home. Sellers waiting for spring can prepare the home for market and buyers know that spring time always offers enough choices for them to find that just right home in the just right neighborhood for a little less than they’d want to pay.
Several weeks ago, during a conversation with the owner of a Mortgage Lender here in South Florida I was told that some large banks had started blocking existing HELOC’s ( Home Equity Lines ).
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