10 Ways To Acquire A Mortgage

10 Steps to acquiring a home mortgage
 
 

The first step in acquiring a home mortgage is to gather the information you’ll need to include in a mortgage application.

Review your credit report by ordering a copy from the credit bureaus used by local mortgage lenders.

Prequalifying for a mortgage lets you know how much you can [...]

Florida Homeowners Get Property Tax Portability

You can take it with you
Florida homeowners get property tax portability and more

Looking for good news relating to 2008? Read on.
On Jan. 29, 2008, Floridians approved Amendment 1, providing needed property tax reform. In approving Amendment 1, state homesteaded owners increased their property tax exemption and gained the power to port existing property tax savings [...]

Rate Terminology

Rate Terminology
Here are some terms that would be helpful to know.   Feel free to ask which of these you may qualify for:
Basic Rate: The rate charged to a consumer who does not qualify for a reduced rate such as, but not limited to, the reissue rate or simultaneous issue rate. (see below).
Reissue Rate: [...]

Setting Title Insurance Rates

How Title Insurance Rates are Set
How title insurance rates are set varies from state to state. Some rates are set by the companies themselves and some are set by the State Department of Insurance. For those states that set the rates (Florida, New Mexico, and Texas), each title company is required to charge the same [...]

A Hip Tampa Bay

Tampa Area is HIP
 
My last post highlighted investors and how they are keeping their eyes on Florida as a viable area for Real Estate ventures.  This post has even more good news! 
 
Recently, among singles looking to relocate, Tampa has been ranked as on of the TOP metro areas to live in, in Florida.  What’s [...]

Florida’s HOT HOT HOT

Is Florida Hot Again?  3Q Shows A Strengthening Market!
 
Home buyers and investors are looking at property in Florida again.  The 3rd Q sales statistics show a 5% increase in sales for the quarter compared to last year during the same time period.
 
 
The Florida Association of Realtors reports sales have rose to more than 33,000 [...]

Mortgage Drops – Possibilities and Outcomes

Mortgage Drops
Federal Reserve Chairman Ben Bernanke requested the government to ramp up efforts to stop soaring home foreclosures.  The foreclosures taking place today are feeding into USA ’s deep economic troubles.
 
Bernanke’s speech came as Freddie Mac reported that interest rates on 30-year fixed-rate mortgages slid 0.44 percentage points – the biggest weekly drop in 27 [...]

What’s Involved?

So, what do title companies really search?
Title companies examine several aspects during a title search. For example:
Chain of Title – This is simply a history of the ownership of a particular piece of property, describing who bought it and sold it, and when. The information may be derived from public records-usually from a County Clerk’s [...]

Existing Home Sales

Printed by the Florida Association of Realtors is some information you may find very interesting regarding sales of existing homes in Florida
 
ORLANDO, Fla., Nov. 18, 2008 – Sales of existing single-family homes in Florida rose 5 percent in third quarter 2008 compared to the same period last year, according to the latest housing statistics from [...]