buying a home in sarasota: You Don't Need 20% Down to Buy a Home in Sarasota NOW! - 04/03/17 09:42 AM
You Don't Need 20% Down to Buy a Home in Sarasota NOW!A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today.1. Down PaymentThe survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 40% of consumers think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 3% or less. Many renters may actually be able … (7 comments)

buying a home in sarasota: Renting or Buying in Sarasota Florida - 03/27/17 04:09 AM
Renting or Buying in Sarasota Florida… Either Way You’re Paying a MortgageThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained this month in their article, “12 Practical Steps to Getting Rich”:“While renting on a temporary basis isn't terrible, you should most certainly own the roof over your head if you're serious about your finances. It won't make … (14 comments)

buying a home in sarasota: How Much Money Do I Need to Buy a House in Sarasota Florida? - 03/06/17 04:47 PM
How Much Money Do I Need to Buy a House in Sarasota Florida?Over Half of All Buyers Across the Country Are Surprised by Closing CostsWhen buying a home on Sarasota's Suncoast, choosing a good real estate agent is your first step. A good agent is going to have a team of real estate professionals to help make the home buying process as smooth as possible. Part of that team is a good mortgage lender. Your mortgage lender is going to help you understand the mortgage process and what will be needed from you in order to get a mortgage. If you're … (2 comments)

buying a home in sarasota: Florida is Ranked #1 in Mortgage Rejection - 03/06/17 06:26 AM
Choosing a Good Mortgage Lender on Sarasota's SuncoastNot All Florida Lenders Are Created Equal - Finding a Good Mortgage Lender is Key to Closing!Disclaimer:  Let me start out by saying that I'm not a mortgage lender. I've learned what makes a good mortgage lender and I'm writing this blog post and expressing opinions from my experience as a real estate professional on Sarasota Florida's Suncoast.
Will You Be Paying Cash or Getting a Mortgage?As a Realtor, one of the first things that we need to establish when working with buyers is whether they are actually qualified to make a purchase. We will … (4 comments)

buying a home in sarasota: Where are the Home Prices Heading in the Next 5 Years, Sarasota? - 02/27/17 08:07 AM
Where Are the Home Prices Heading in the Next 5 Years, Sarasota?
 Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.The results of their latest survey:Home values will appreciate by 4.4% over the course of 2017, 3.4% in 2018, 2.8% in … (4 comments)

buying a home in sarasota: Daydreaming About Your Perfect Sarasota Home? - 02/23/17 08:00 PM
Daydreaming About Your Perfect Sarasota Home? Know What You WANT vs. What You NEEDIn this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your Sarasota home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d LOVE to have in your new home. Many new homebuyers fantasize about the amenities that they see on television or Pinterest, and start looking at the countless homes listed for sale through rose-colored … (4 comments)

buying a home in sarasota: Will You Be Buying a Home in Sarasota This Year? - 02/22/17 07:28 AM
Will You Be Buying a Home In Sarasota This Year?59 Million People Will Be Entering the Housing Market in 2017 According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52) Minorities were twice as likely to respond that they were considering purchasing a home this year. Many potential buyers believe … (2 comments)