buy real estate: 10 Real Estate Deal Killers........ - 03/06/09 07:04 AM
I attended a class the other day called "10 Things to Ask Your Buyers Before Taking Them House/Condo Hunting" and will be addressing those issues in an upcoming blog entry but wanted to put together a list of what can kill a deal for a buyer or a seller.  Please feel free to share this information with your buyers and sellers!
 
Skipping the Mortgage Preapproval Process: For buyers, getting preapproved for a mortgage gives them a clear idea of how much they can safely borrow, plus it addresses credit issues and kick-starts other financial paperwork.  What's more: it identifies them … (4 comments)

buy real estate: The Stimulus Package - 02/13/09 10:31 AM
Today may be the day that the American Recovery and Reinvestment Act of 2009 (aka the Stimulus Package) is passed; the Senate is voting on it right now.  It is anticipated that it will be on President Obama's desk to sign into law this weekend.  While we don't have all of the information about this Act, here are some highlights: 
Contains a record-setting $10.472 billion in funding for the USDA Guaranteed Rural Housing Program to insure Rural Housing mortgages.  These funds are in addition to funds the program has already received through the Continuing Resolution, as well as additional funding expected … (1 comments)

buy real estate: Good Morning, America interviewed me for show on MONDAY, DEC. 15 - 12/13/08 02:18 AM
I was interviewed Thursday for a show that is supposed to air on Monday, December 15 on Good Morning, America.  It's about the housing market and how to help people who are behind, as well as what steps could be taken to improve the housing market.  I made the following points, but they may edit a lot of it out.  I hope you get an opportunity to watch!  Thank you to Beth Forbes for part of her ActiveRain post - I made SURE to get that out there, as well!
Until we get housing out of it's "deep depression", the rest … (0 comments)

buy real estate: 2009 FHA Limits For Florida - 11/12/08 08:54 AM
HUD has come out with their maximum loan limits for 2009.  In the state of Florida, the following will be the maximum loan amounts that will be insured by an FHA loan:
2009 FHA Limits - Florida
 
All areas except those counties listed below:
 
One-Unit          $271,050
Two-Unit         $347,000
Three-Unit        $419,400
Four-Unit         $521,250
 
                                                                                One Unit      Two Unit     Three Unit       Four Unit

 
(1 comments)

buy real estate: What A Difference A Week Makes! Why Florida is a GREAT Place to Buy Real Estate - 09/07/08 02:56 PM

Last weekened, we were on the edge of Hurricane Gustav; this week, it was a beautiful weekend.  While everybody knows that the real estate market nationally is down, and it is here, as well, the prices in our local market make buying real estate in Florida a great investment!
We have something that makes us different than say, Kansas or Oklahoma, or most of the rest of the U.S......a GORGEOUS COASTLINE!  Here in the Destin/Ft. Walton Beach area, our sand truly looks like snow.  It isn't too hot to walk on like the Atlantic seaboard, and it even squeaks when you … (6 comments)

 

Sue Botelho

USDA Rural Housing Mortgage Pro

Fort Walton Beach, FL

More about me…

Waterstone Mortgage Corporation

Address: 2 Park Circle, Suite A, Ft. Walton Beach, FL, 32548

Office: 8(503) 626-9012

Mobile: (850) 797-7946



Links

Archives

RSS 2.0 Feed for this blog