If you’re thinking about buying a home or refinancing your current one, one of the most important priorities is finding the best interest rate. Usually, it helps to have a high credit score as that would qualify as low risk borrower and you get lower interest rates. Whatever your circumstances, it’s always a good idea […]
A Quick Guide to Federal Housing Administration 203(k) Loans
When purchasing a home, making a few repairs to the property is often a common endeavor, especially when the buyer takes on a “fixer-upper.” According to HUD (the US Department of Housing and Urban Development, FHA 203(k) loans are mortgages that are backed by the Federal Housing Administration. These loans enable the home buyer to […]
Factors To Consider When Purchasing A Second Home
Have you been thinking about buying a second home? Here’s some food for thought. Real estate is always a good investment. Whether you want to generate additional income by renting out the property or use it as your escape from the chaos of everyday life, there are several factors to consider before purchasing that property: […]
Rental Property Mortgages vs. Regular Home Loan Mortgages
Although investing in a Florida rental property is a great way to create an additional income stream, most individuals never get beyond the idea phase for one of two reasons. Either they don’t know the process involved with financing a rental property or they’re afraid they won’t get approved for a loan. In most cases, […]
Why You Should Work With a Real Estate Brokerage
While real estate agents and real estate brokers specialize in helping clients navigate the process of buying, renting, and selling homes, a broker has more in-depth training and education than the average agent. Furthermore, brokers often have supervisory roles and oversee the agents that work for them. In either case, it’s always wise to work […]