What is an ESTOPPEL LETTER? When considering to purchase a home an estoppel letter is of great importance to you. Estoppel letters are directly from HOA/Condo Associations and is an official certificate that states the amount that the current homeowner pays each month for maintenance fees. An Estoppel letter will also show if there are assessments or fees that are outstanding. Maintenance fees usually covers any repairs outside of the building such as painting, roof, building insurance, amenities, and lawncare. Assessments come into play if there are repairs to make, and there isn't sufficient funds to cover such repairs. The Association (8 comments)
A few months ago I wrote a blog post on Fannie Mae's HomePath Program and how it works- http://activerain.com/blogsview/2134529/homepath-financing
HomePath Buyers Assistance Program Today; April 11th; Fannie Mae began a new initiative to assist more buyers in purchasing a new home; http://www.homepath.com/incentive/index.html These links will provide a break down of how HomePath works, and explain what you have to do to take advantage of the new HomePath incentives. Deadline is June 30th, 2011; so act now, and call a REALTOR today! HomePath Buyers Assistance Program BUY, RENT, SELL OR INVEST IN BROWARD & MIAMI DADE COUNTIES DIAL 954-867-4798 OR CHECK OUT MY (2 comments)
Weston is a fairly new City in Broward County that was established in 1996. It is about 25 minutes NW from the city of Miami and near Florida's infamous Everglades. Weston also boast easy access to I-75 so commuting is a breeze. A "fully planned" neighborhood you can find just about everything you need in Weston. Weston was ranked 20th in America for the "biggest earners" by Money Magazine, and the (4 comments)