real estate: Use Your Home's Equity!
- 09/06/16 06:03 AM
Use Your Home's Equity! With today's home prices rising, many homeowners have equity in their home that can be put to good use! A larger amount of qualified borrowers will continue to make Home Equity Lines of Credit (HELOC) popular to take advantage of due to low interest rates. Here are some ways to use your equity to your advantage: 1. Make Updates To your Home. Smart improvements are great! They add value to make your home more marketable when you are ready to sell. Update a kitchen or bathroom, clean up your landscaping or add a new front door to make your … (1 comments)
real estate: Fraud Alert Issued by HUD, Please Read!
- 06/13/16 01:07 AM
HUD issues fraud warning over award money alerts WASHINGTON – June 10, 2016 – Important to remember: The Department of Housing and Urban Development (HUD) does not call grant/award recipients. A scammer, however, is doing just that and requesting upfront money for processing "fees." In a fraud alert, HUD's Office of Inspector General (OIG) said it received complaints about fraudsters calling targets, telling them they won a HUD award or grant and to send in "fees" so they can process the grants – for thousands of dollars. So far, the same phone number has been used, OIG says – but that's likely to … (4 comments)
real estate: Protect Your Credit Score!
- 06/06/16 05:58 AM
Protect your credit score! Your credit score is one of the most important things to protect when thinking of buying a home. There are major factors that can lower your score. Don't max-out your credit cards. You should always have available credit open. Never make a large purchase (ex: a car) before getting a mortgage. Never pay your mortgage or credit card bills more than 30 days late. Debt settlement agencies can help consolidate your debt into easier payments, but for a price. It can lower your score 45-125 points. Bankruptcy is unfortunately almost never reversable on your credit report. Avoid foreclosures … (3 comments)
Major changes are in effect for home buyers purchasing homes and obtaining mortgages. Cash buyers, this is not for you. The new "Truth-in-Lending RESPA Integrated Disclosure" Rule ("TRID") went into effect October 3, 2015. Due to these changes, mortgage companies will be more accountable for getting and giving information to the buyer. Those quick closings (30 days with 20 day commitments) are in the past. The lenders must follow many new rules, and new loan processing could take more time than it did in the past. Additionally, buyers should be advised that requested changes or underwriting … (2 comments)
real estate: Prudential Florida Realty Ranked #1!
- 06/03/10 02:47 AM
Prudential Florida Realty Ranked #1! The 2010 Real Trends 500 annual report researches and identifies the leading residential real estate companies and ranks them by closed sales volume and closed transaction sides. Prudential Florida Realty was ranked #1 in Florida and #27 nationwide for sales volume. "Thank you for supporting Prudential Florida Realty and Florida Real Estate Family of services! I am very proud of every person in our organization and our partners who contributed to the success of our continued growth during one ofthe most challenging and rewarding years. Your determination, hard work, and perseverance are represented in the impressive … (0 comments)
real estate: Existing Home Sales Rising!
- 11/20/09 03:47 AM
Existing Home Sales Rising! According to the National Association of Realtors, existing home sales rose 11.4% in the third quarter. With one of the largest unemployment rates in history, a staggering 10%, the real estate market can really hurt. However, the extended tax credit which has now included ALL homebuyers, not just new, has pumped up the incentives for eligible homebuyers. Also, with home prices and mortgage rates being so low, homebuyers can't resist the opportunity. With existing home sales rising we are looking ahead to recovery. Low rates, good prices, and tax incentives help pave the way. Let's hope it … (0 comments)
real estate: Delray Beach, Florida: Statistics and Information
- 11/09/09 01:53 AM
Delray Beach, Florida: Statistics and Information Delray Beachoriginally called "Linton" was named after William Linton, the postmaster of Saginaw, Michigan, who bought a tract of land in hopes of building a farming community. In 1898 when "Linton" had a bad freeze that ruined crops and the city's reputation William Linton left with many of the farmers. In 1901 the city was re-named Delray after a city in Detroit to start fresh. By 1911 Delray was primarily filled with pineapple plantations, which today lends it's name to the area well known as "Pineapple Grove". Some of Delray Beach's great landmarks are: The Colony Hotelbuilt … (1 comments)
real estate: Delray Beach, Florida Short Sale Basics
- 06/15/09 04:54 AM
Delray Beach, Florida Short Sale Basics Short sales basics are one of the alternatives to foreclosure. The bank has agreed to try to sell the property for less than the current amount due on the mortgage. Not all properties are eligible and not all banks will accept doing a short sale.To be eligible you must show hardship by submitting a letter to the bank that you are having difficulty in paying and may face foreclosure. Also, there must be comparables to show that property has lost value in the market, and that the home is near or in danger of default. … (0 comments)
Use Your Home's Equity!
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