Why Today’s Foreclosure Numbers Aren’t a Warning Sign

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market.

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market.
Are you having a hard time finding the right home in your budget?
Have you ever wondered how long you might have to wait after Bankruptcy, Foreclosure, or Short Sale before you can purchase your new home? Check out the chart and see how long a lender will require you to wait before you can borrow again. Link to the PDF here: http://sunshineguru.com/wp-content/uploads/2013/11/Derog-Credit-Chart-Fisher-Darrow.pdf Interestingly, I recently had a…
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power…
Are you torn between whether to buy a home now or wait? Consider this.
When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with.
It’s a common question during the first interview with buyers who may be seeking a condominium here in South Florida: “So do you have a 25% – 30% down payment for your purchase?” It seems to be lost on home sellers during the current frenzy of activity that is fueled by investors and foreign…