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 | 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...