Low Mortgage Rates and Low Home Prices Drive Sales in Palm Beach, Martin, St. Lucie, Broward and Miami-Dade Counties

On January 25, 2010, in Mortgage Programs, Mortgage Rates, Tips And Advice, by Jim Sahnger

South Florida Home Sales Jump Led by Miami-Dade Single family home and condominium sales were up across the board as all of South Florida beat the national numbers reported the National Association of Realtors today in terms of percentage increase in units sold for the month of December on a year over year basis. Media [...]

Lake Mary Real Estate Buyers Benefit from Tax Credit Extension

On November 16, 2009, in Tips And Advice, by Chris Brown

Watch the Tax Credit Video here – Lake Mary Real Estate buyer’s are due to benefit greatly from the extension AND expansion of the $8000 First Time Home Buyer Tax Credit. Now it includes the $6500 Move up Buyer Tax Credit! Not only do first time buyers get more time to find the perfect Lake [...]

Florida Home Buyer Tax Credit Extension makes it through Congress

On November 6, 2009, in Tips And Advice, by Chris Brown

Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday. The White House says the President will sign it into law today. The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to be under contract by April 30, 2010, and to be closed by June 30, 2010. [...]

An FHA True Story: An $8000 First Time Home Buyer IRS Check!

On October 8, 2009, in Tips And Advice, by Chris Brown

Watch the Fox 35 News Video here. . Andrea was one of the “implementers”. With the deadline of the $8000 Tax Credit approaching – it is of utmost importance to have a plan of attack.  Most people are focused on closing BEFORE Dec 1.  That is just fine, but many are not flipping the pages [...]

FHA Commissioner Dispels Rumors about FHA Mortgage Financing

On September 23, 2009, in Mortgage Rates, Tips And Advice, by Sue Botelho

David Stevens, the new Commissioner at FHA, was just interviewed on CNBC.   There have been rumors floating around that  the FHA mortgage program is underfunded and would need a bailout.  Per Mr. Stevens, FHA has over $30 billion in real combined capital, which represents a 4% true reserve account and they will not be short in [...]

Palm Beach and Martin County Florida Mortgage Rate Roundup – Week of July 17

On July 19, 2009, in Tips And Advice, by Jim Sahnger

Palm Beach and Martin County Florida Mortgage Rate Weekly Roundup In Palm Beach and Martin County Florida last week, most mortgage rate surveys would have you believe that mortgage rates this week should be lower than last. According to both widely tracked indexes by Freddie Mac and Bankrate.com, interest rates declined anywhere from 1 to 6 basis [...]

Mortgage Rate Roundup

On July 10, 2009, in Tips And Advice, by Jim Sahnger

Mortgage rates improved this week over last according to Freddie Mac. In their weekly survey of mortgage rates, the average interest rate offered declined approximately 0.125% for a 30-year fixed rate mortgage, for a rate of 5.20%. The average reported rate for a 15-year fixed rate mortgage declined also, although not as much, to close [...]

USDA Rural Development Single Family Home Funds Available – Winter Haven, FL

On April 9, 2009, in Tips And Advice, by Kevin Sandridge

This is just an informational post to inform Winter Haven, Florida home buyers interested in no money down mortgages that the USDA Rural Development Single Family Home Loan program is funded and ready to go!

Winter Haven, FL Mortgage Fraud Update – HUD Secretary Donovan Announces Intensified Crack Down on Mortgage Fraud

On April 6, 2009, in Tips And Advice, by Kevin Sandridge

Winter Haven, Florida mortgage borrowers should look at a recent HUD Secretary Donovan’s announcement regarding mortgage fraud prevention efforts as a positive.

What Every Winter Haven Homeowner Should Know About FHA Streamline Refinance Mortgages

On March 27, 2009, in Tips And Advice, by Kevin Sandridge

Winter Haven homeowners looking to refinance should consider an FHA Streamline Refinance, as it involves a significantly smaller amount of red tape and paperwork than most typical refinances.