buying 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 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 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 in sarasota: Sarasota Renters - Do You Know the Real Cost of Renting vs Buying? - 02/17/17 09:23 AM
~Keeping Current MattersSarasota Renters - Do You Know the Real Cost of Renting vs. Buying?   Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own! Considering Buying? Wondering if You Qualify for a Loan?Please understand that not all mortgage lenders … (0 comments)