Per TD Bank’s survey of Real estate professionals, they found three major factors affecting a home buyer search: 1. Limited inventory (65%), 2. Mortgage qualification (20%), 3. Affordability (15%). Good news? The market still shows Orlando’s real estate market increasing in Continue Reading
Foreclosure – When Can I Get A Loan?
“When can I get a loan after my foreclosure?” That’s a question I hear from many potential buyers. The answer is simple; it depends on what type of loan you’re trying to qualify for. You’re probably looking at a FHA Loan– 3 years, Conventional Loan– 7 years, VA Loan- 2 Continue Reading
Orlando Housing Trends in 2022
Orlando Housing Trends in 2022 will be a combination of lower mortgage rates and higher home prices. Therefore, Realtor Magazine anticipated cities like Orlando will see major growth in the upcoming new year. They state home prices are expected to rise 6.9%, and existing Continue Reading
Low Credit Scores now approved for Home loans – 2021
Ready to have your cake and eat it too? Now you can have a low credit scores get approved for a home loan this year. Have you been suffering from bankruptcy? Have you divorced for an unexpected life change? Are you struggled from financial issue? Have you just started to Continue Reading
Investors, are you ready for the 2021 Real Estate Market?
Investors, are you ready for the 2021 Real Estate Market? Are you thinking about buying more properties or selling your investments, this is a great time for you to plan for the new year. Now, you should ask yourself, how will you make your investments more Continue Reading
How to Increase Your Personal Credit Score
Like most Americans, I’ve experienced financial difficulties over the past 10 years. It resulted in missed credit card payments, failing to pay medical bills and maxing loans in order to live through the 2008 recession. Obviously that negatively impacted my credit score Continue Reading
2021 School Grades May Affect Home Values
2021 School Grades May Affect Home Values This morning Florida Department of Education released the 2019 annual High School grades; some districts were shocked – both good and bad. Buyers today are thinking ahead to their re-sale value in the event that they have Continue Reading
How Much Income Does an Orlando Home Buyer Need?
In Orlando a buyer is recommended to have a combined annual income of at least $49,382.26 (HSH.com). Recently HSH performed a study on the home prices in 27 different cities and focused on a home buyers average annual income when purchase a property. They found Orlando, Continue Reading
How Does the Buyers Agent Get Paid?
A common question is "Who pay's the buyers agent commission?". Typically the seller will pay your buyers agents commission once the sale is completed. That means your agent is basically working for free. Yup, you read that right, they are working for free until the sale Continue Reading
Borrowers – Lower Mortgage Payments are Coming!
Lower Mortgage Payments are Coming! Borrowers with Home Equity Lines of Credit (HELOCs) are likely to see their monthly mortgage payments rising in the coming new year. Fortunately, borrowers with a fixed-rate mortgage will be fine but families with adjustable rates will Continue Reading
