Flood Insurance Crisis?

“ORLANDO, Fla. – Aug. 25, 2017 – Florida Realtors is asking all members to contact their U.S. House representatives TODAY to reauthorize the National Flood Insurance Program (NFIP), which is set to expire on Sept. 30, 2017.nsurers into the market to give...

Flood Insurance Value Loss Tsunami?

Your buyers need flood insurance? Close before Sept. 30 WASHINGTON – Aug. 4, 2017 – It looks less likely that Congress will finalize a flood-insurance bill (the “21st Century Flood Reform Act” or H.R. 2874) before the National Flood Insurance Program...

Missing out because appraisals lag values

DALLAS – July 26, 2017 – After Dallas-area real estate pro Laura Barnett put a listing on the market three weeks ago, it quickly received 22 offers. But Barnett didn’t take the highest bid. Instead, she took a cash offer because she wanted to ensure that there...

Mortgage holders miss out on savings

Mortgage holders miss out on savings June 29, 2017 – Nearly 4.5 million borrowers are eligible to refinance and lock in savings on their monthly mortgage payments but haven’t done so, according to a new report from Black Knight Financial Services. The average...

Miami Single Family Home Interest rates 4-19-17

These figures are for a $100,000.00 loan scenario Multiply the points or credits by the new mortgage amount / $100,000.00. Example: A new 30 year loan for $200,000.00 at 4% would be $200,000.00 / 100,000.00 = 2 and 2 x $907.00***** = $1,814.00 credit 30-Year Fixed...

New Property Policy Problems Prevented!

Florida property insurers avoid ratings downgrades WASHINGTON – March 20, 2017 – Despite warnings in February of looming downgrades, insurance ratings firm Demotech has decided not to reduce financial strength ratings of any Florida carriers below A. The Ohio-based...

Interest Rates! 3.65% in Miami Single Family Homes Sales

Interest rates continue to hover at this low level.  Please call us for further details on how you can access these wholesale rates to the public!  Ex. 30 fixed, conforming loan of $100K. 3.5% with 1.207 guaranteed discount points and $0.00 rebate 3.625% with 0.25...
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