Archive for April, 2013

Orlando, Volusia County among top residential rental markets for investors

Monday, April 8th, 2013

Orlando, Volusia County among top residential rental markets for investors

Why Invest in Orlando Real Estate?

Saturday, April 6th, 2013

Why Invest in Real Estate? The fundamental benefit of investing in income producing real estate is the opportunity to own a tangible asset that has the ability to both grow in value and generate income. Match that with the advantages of owning an asset for which the bank may be willing to finance up to…Read More »

Tips for first-time home buyers

Friday, April 5th, 2013

So, you’re ready to buy your first house. That’s really exciting, and probably just a little bit scary. Don’t worry, we’re here to help you through all of it. Since it’s your first time, we’ll walk you through some tips and give you an idea of what to expect: Create a budget Before you start…Read More »

Mortgage Moment – April

Friday, April 5th, 2013

With the premise that FHA is looking to better manage risk and strengthen their Mortgage Insurance Fund, the monthly MI is increasing to 1.35% for loans with loan to value greater than 95%.  Effective June 3, 2013, the mortgage insurance premium will be extended for the life of the loan for those with loan to…Read More »

How can I save on closing costs?

Friday, April 5th, 2013

Experience shows that closing costs, average 2 to 3 percent of the home purchase price. Ways to save include:  * Negotiate with the seller to pay all or part of the closing costs.  * Obtain a no-point loan. The trade-off is a higher interest rate on the loan and many of these loans have prepayment…Read More »

Foreclosures

Thursday, April 4th, 2013

A lot of people are clamoring about the improving housing market. Many wonder if we have really turned the corner and how much better it will get. Also, what impact will it make? Chief economist, Anthony Chan, for private wealth management at J.P. Morgan in New York, as reported by Business Observer, said, “Things are…Read More »