florida mortgage brokers: Wellington Rental Homes Find Profit by Welcoming Lassie or Puff
- 08/18/14 10:41 PM
Wellington Rental Homes Find Profit by Welcoming Lassie or Puff Owning rental homes in Wellington may be a profitable venture, but sometimes the image of a landlord could use a little public relations boost. For instance, the cartoon version of a landlord is the opposite of pet-friendly. Lassie or Puff? Fuhgeddaboudit! That parody landlord attitude might once have been pretty much on target—even in rental homes in Wellington —because many landlords have traditionally been automatically against pet ownership in their Wellington rental homes. The legit reasons to exercise caution are real enough. Possible stains on carpets, scratched hardwood floors or … (0 comments)
florida mortgage brokers: Working Out Any Kinks in Your New Home in Jupiter
- 08/01/14 05:51 PM
Working Out Any Kinks in Your New Home in Jupiter Imagine the first time you turn the front door key to a new Palm Beach County home —the first time you step over the threshold of the home you now own. It’s a moment to truly savor. Whether it’s a feeling of well-being—that of a major milestone successfully accomplished—or just the sheer joy of appreciating the milestone it represents, it’s a moment you’d be remembering for a very long time. But after the joy (eventually) comes another moment: one that’s all but inevitable. It’s when you first begin to … (0 comments)
florida mortgage brokers: Fannie Mae will be updating Desktop Underwriting (DU)
- 07/29/14 08:44 AM
Fannie Mae will be updating Desktop Underwriting (DU) mid-August. I have some news to share! Fannie Mae will be updating Desktop Underwriting (DU) mid-August. There are a few changes you should be aware of: Foreclosure Message Updates • We will be able to exclude inaccurate foreclosure information from the eligibility assessment. • We will be able to exclude foreclosures due to extenuating circumstances* from the eligibility assessment. Deed-in-Lieu of Foreclosure and Pre-Foreclosure Sale Message Updates • Waiting period requirement will be updated to 4 years; 2 years if caused by extenuating circumstances*. The loan to value (LTV) restrictions previously … (0 comments)
florida mortgage brokers: Balancing Risk, Reward in West Palm Beach Seller Financing Agreements
- 07/21/14 10:00 PM
Balancing Risk, Reward in West Palm Beach Seller Financing Agreements When home prices in West Palm Beach are on the rise, one side effect is that first-time homebuyers may run into a financing obstacle. Although the stricter lending standards of the past few years have been easing somewhat, it still can be difficult for some folks (younger buyers, especially) to purchase the West Palm Beach home they have in their sights. In that situation, an alternative to a traditional bank mortgage is seller financing. Many prospective buyers know little about the details that make up a seller financing agreement, and … (0 comments)
florida mortgage brokers: Want to Sell Your House? Think Like Real Estate Agents Do!
- 07/07/14 11:39 PM
Because real estate agents in Wellington see everything in the market, we have a pretty good idea about why some houses sell (and why others sit on the market for years). Whether as buyer or seller, anyone planning to enter Wellington’s real estate market this summer can benefit from some of the tactics and factors that Wellington real estate agents keep in mind when as they go about the business of making home sales happen: When Speed Matters… When the overriding goal is a quick sale, leading with a price slightly lower than what comparables suggest it is really worth … (0 comments)
florida mortgage brokers: Agent mastermind - Mastering Contract to Close
- 07/04/14 07:06 AM
LIVE Real Estate Mastermind Strategy Class! Mastering Contract to Close Are you ready to add another level of service your real estate clients desperately need? Have you had to turn away business in the past because you lacked the skills needed to assist in managing transactions? Contract to close services are a rising need in the real estate community. These services are what makes sure you, the agent, get paid for all of your hard work you have put into the sale of a home! And these services are in high demand. Join us for the next Agent Mastermind class … (0 comments)
florida mortgage brokers: Foreclosures Slide May be Good News for Jupiter Homeowners
- 07/02/14 07:59 PM
When the number of foreclosures decreases, it’s not without impact for Palm Beach County homeowners and investors. In any given month, Jupiter foreclosures may not always mimic the national averages, but over the long run, they do tend to be pretty close. And the national trend is clear: first quarter foreclosure activity decreased to the lowest level since the second quarter of 2007 (‘activity’ includes default notices, scheduled auctions and outright bank repossessions). Recent figures from RealtyTrac, the leading source of housing data, put U.S. foreclosures at their lowest levels in seven years. The 42-month national decrease had been momentarily interrupted … (0 comments)
florida mortgage brokers: Showing Your Wellington Home - Organization’s the Trick - Showing Your Home
- 06/05/14 11:28 PM
Showing Your Wellington Home - Organization’s the Trick Showing Your Home When you’re selling your home, keeping it ready to show at a moment’s notice can sometimes make a major difference. In a perfect world, prospective buyers will always have time to schedule showings in advance - but exceptions do occur. That’s why experienced sellers know how to juggle living a normal life at the same time they are keeping their place ‘show-ready’ by calling on a few organizational tricks. They really aren’t all that difficult (but do take a commitment to stay organized). When you follow them, it makes … (1 comments)
florida mortgage brokers: Palm Beach County Homeowners Cheered by National Trends
- 04/30/14 04:20 PM
2014 has already given an encouraging start for West Palm Beach homeowners who consider national price movements as the best pointers for what we can expect for local real estate. Already in February, median house prices were up 7.6% nationally year over year (that according to the US National Housing Trend Report). It followed a similar 8.3% increase in January. The question many West Palm Beach homeowners have is whether this upward movement can be sustained throughout 2014. Two Years of Historically High Growth If we look at the historical record, values normally rise somewhere in the area of … (0 comments)
florida mortgage brokers: West Palm Beach Homeowners Watch Google’s Latest Acquisition
- 04/17/14 12:49 PM
West Palm Beach Homeowners Watch Google’s Latest Acquisition Right at the start of the year, Google announced a surprising move. It said it was purchasing a home appliance maker most of us had never even heard of…for $3.2 billion in cash! It was a gambit that every Palm Beach County homeowner should note, because it signals where some very smart money is headed: right where we live! Remember, Google isn’t just famous for its search engine; it’s also frequently in the news for its forays into any number of futuristic enterprises (those mysterious barges, for instance). The appliance maker that … (0 comments)
florida mortgage brokers: The Larger Case for Smaller Houses in West Palm Beach
- 04/11/14 07:47 PM
It just might be that a groundswell is spreading throughout the home-buying public. In West Palm Beach, smaller houses that used to be difficult to sell are rising in popularity, and I can guess why. First, a little history. Back in 1950, what we would consider smaller houses were the rule: the average square footage came in at just 983 (try to imagine the ‘average’ family with 2 kids, 2 adults and Lassie all shoehorned in there!). By 2006, that figure had blown up to 2,248 square feet—and we all know about the bigger McMansions—just in time for the financial … (0 comments)
florida mortgage brokers: Housing Market Bolstered by Steady U.S. Consumer Optimism
- 04/02/14 12:34 PM
Housing Market Bolstered by Steady U.S. Consumer Optimism The details seem stubbornly worrisome. Mortgage requirements have grown stricter. The Federal Reserve may or may not turn off the cheap money spigot—and if anything causes the stock market to sputter, it’s uncertainty. Occasional bits of good news in the labor picture can’t overcome the fact that unemployment remains stuck on high in many states. All of this should be bad news for the housing market in West Palm Beach, except for one overriding factor: apparently, American consumers aren’t buying it. Despite uncertain economic news, consumers’ overall expectations for the housing market … (1 comments)
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