S.FL estate news- More home loans require smaller downpayments!

S.FL estate news- More home loans require smaller downpayments!

S.FL estate news- More home loans require smaller downpayments!

FREE LIST of Today's Short sale homes for sale in Weston, Cooper City, Davie, Sunrise, Miramar, Southwest ranches, Plantation.

FREE LIST of Today's Foreclosures for Sale in Weston, Cooper City, Davie, Sunrise, Miramar, Southwest ranches, Plantation.

More home loans require smaller downpayments

Last month, the average FICO score for a closed home loan was 732, down from 750 a year ago, and average downpayment was 19% vs. 22% a year ago. Read more.

RealtyTrac: Investors bought 14% of U.S. homes in Sept

62% of Jacksonville sales were all-cash with high number (23%) bought by investors. Miami (69%) and Tampa (62%) also top-heavy on cash transactions. Read more.

Appraisal Institute: Expect continued growth

Survey: Residential appraisers top areas of anticipated growth include mortgage lending, reviews, REO/foreclosures/short sales and litigation valuation. Read more.

Raise the house, lower the flood risk

A number of Northeast homeowners are paying big money to elevate their homes as a way to lower flood insurance costs and sustain less damage in future storms. Read more.

NY jury: Bank of America liable in mortgage fraud

In civil case, gov't accused Countrywide, which BofA purchased, of urging workers to churn out loans, accept fudged applications and hide ballooning defaults. Read more.

Thinking of selling in Broward County FL? You are at the right place.  We have 100's of qualified buyers looking to buy homes in any condition in the Broward County-FL. If you are thinking of selling you are at the right place.Check Market reports and School information right here. Re-max is one of the most recognized name in real estate. When you partner the expertise of your neighborhood professional with the power of the RE/MAX brand, the mutual objective is much more easily achieved. I will provide Premier Quality Service. I can’t control market conditions, location or size. But my focus will be on factors we can control to get maximum value:

·      Price

·      Condition

·      Marketing for Maximum exposure

If you are ready to sell, call or text me at 954 336 7731 and I shall do a FREE Market Analysis and start marketing your property to our RE/MAX partners worldwide.

Provided courtesy of Jacob Thomas, RE/MAX Presidential
Call or text 954-336-7731 for a private tour or for information on buyer and seller representation at no cost
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