What is a Short Sale? What are the Benefits of a Short Sale?
What is a Short Sale? A short sale becomes possible when the remaining money to be paid on a mortgage is greater than the market value of the house. The short sale is an alternative to staying in a...
View ArticleHow to Buy a Short Sale
What is a Short Sale? A short sale occurs when the homeowner sells the property at a price that won’t cover the remaining amount to be paid on the mortgage and associated selling expenses. The...
View ArticleWhat Is A 1031 Exchange Loan?
The 1031 Exchange: The Basics A 1031 Exchange allows real estate investors to defer capital gains taxes on the sale of a commercial property. This is possible provided they quickly buy another...
View ArticleWho Pays for Closing Costs in Florida?
What Are Closing Costs? A real estate closing is when the sale documents are reviewed and signed, payment changes hands, and ownership of the property is transferred from the seller to the buyer. When...
View ArticleFlorida First-Time Homebuyers Hits 12 Year High
2018 Was a Successful Year for Florida First-Time Homebuyers If you were buying your first home in 2018, you had a lot of company. Despite a slowdown late in the year and some other challenges, there...
View ArticleHome Prices Ups and Downs
Why Do Home Prices Go Up and Down? The housing market has its ups and downs, a fact that can work out to your advantage whether you’re a potential homebuyer or home seller or, conversely, lead to...
View ArticleThe US Housing Market: What to Expect in 2019
Predicting the Housing Market Predicting the future is always an uncertain business, and that includes the economic future. There are many factors to consider including interest rates, job reports,...
View ArticleThe Prospects for Home Buying in Spring 2019
Home Buying Is Seasonal Experienced realtors, builders, and developers know the housing market is seasonal. The home-buying seasons vary somewhat from place to place depending on the climate and local...
View ArticleDon’t Fall Victim to Mortgage Wire Fraud
What Is Mortgage Wire Fraud? You’ve nearly completed the lengthy, complicated and sometimes frustrating process of buying a home. You’ve found the property, negotiated a price, gotten approved for a...
View ArticleHelp for Low-Income and Multicultural Homebuyers
The Scarcity of Low-Income and Multicultural Homebuyers According to the National Mortgage News, the median income of the average US family is $60,700. Yet the median income of a family purchasing a...
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