by john | Aug 28, 2017 | Uncategorized
“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...
by john | Aug 9, 2017 | Uncategorized
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...
by john | Aug 8, 2017 | Uncategorized
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...
by john | Aug 8, 2017 | Uncategorized
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...
by john | Apr 25, 2017 | Miami, real estate, single family
Top return on investment? Smaller remodeling projects CHICAGO – April 20, 2017 – Appraisal Institute research finds that homeowners who want a remodeling project to return as much money as possible at closing should opt for smaller projects. A limited kitchen redo,...
by john | Apr 25, 2017 | Uncategorized
Ins. agents: Citizens will be insuring more Fla. homes ORLANDO, Fla. – April 24, 2017 – Get used to the idea that more South Florida homeowners will be forced back to state-run Citizens Property Insurance Corp., the so-called insurer of last resort. That’s the...
by john | Apr 20, 2017 | Uncategorized
Major changes coming to credit score calculations From the Florida Association of REALTORS on-line magazine April 19, 2007 – The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders...
by john | Apr 20, 2017 | Uncategorized
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...
by john | Mar 22, 2017 | Uncategorized
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...
by john | Sep 12, 2015 | Uncategorized
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...