Posts Tagged ‘homes for sale’

FHA Loan Guidelines

If you have talked to anyone about getting a mortgage recently you’ve probably heard about FHA loans or “Government Backed” or “Government insured loans”. A common misconception is that these loans are only for very low income people who can’t get a traditional loan from a bank, or first time home buyers, but this is not the case….

Uncle Sam wants You… to qualify!

There are very broad criteria for FHA insured loans that just about many people can qualify for. This doesn’t mean everyone does though. For example, FHA loans have more liberal credit guidelines, unlike many other loan products, but there are still criteria that need to be met.
The Background of FHA Loans…

Buying Short sales vs. Bank Owned Properties (REOs)


With the majority of sales being Short Sales and Foreclosures in our current market I thought I’d explain a little about each one and some of the pros and cons.

There are upsides and downsides to each, for example:

Buying a Foreclosed home- (Bank owned, REO, etc)

When you are buying a foreclosure there are usually bank required addenda/contracts that will be utilized when buying which sometimes scare would be home buyers. They are not to be feared if you understand what is required of you, and the terms they contain, but if you are fearful it’s always good to have your attorney review them BEFORE you sign.

Are Foreclosures Really Good Investments?

The answer is…it depends…

First, you need to identify what makes a deal good to you? Good price? Good Condition? Good Terms? Some combination of the three? Knowing what makes sense for your goals and finances is the key knowing if the property you’re looking at is a deal.

First things First…..

When thinking about buying a foreclosure, or any home for that matter, make sure you know what your goals are for the property BEFORE you make the offer!!!

Just remember, “if you fail to plan you plan to fail”, at least most of the time anyway. When it comes to my clients, I let them know upfront that if they like a property that needs $30K in rehab costs, and a lot of out of pocket expenses, but they don’t have much money to put into the deal readily available, that they need to be careful.

Email Property Lists

Are you looking for a home in the Broward county or S Palm Beach area?  If you are looking for Short Sales, Foreclosures, Corporate owned properties, HUD Homes,etc. then fill out this form and I’ll be glad to email you listings that fit what you’re looking for.

You can find great deals if you are first to know what comes on the market in your area and with my email system you will be notified as soon as these homes are listed! You can’t get any faster than that!

Fill out the form below!

Your Name (required)

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Subject

I am looking to buy a Home

I'm looking in the following cities:

Additional Details

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Short Sales

The Short on Short Sales:

-Click HERE to See More on Short sales-

There is a popular phrase in the media and in Real Estate circles that is getting a lot of attention these days, “Short Sales”. The term in the Real Estate world basically means selling a home for less than what is owed to the bank or lender.

For example: If Joe owns a home that he bought for $300,000 last June and now with market conditions is only worth $280,000, and needs to sell, he will have to get the lender’s approval to sell for that amount minus any Realtor commissions, closing costs etc. The sale will be “subject to” lender approval, which means the lender has the final say on the deal and even the Realtor commissions!

Save my Home!

Contact me to request information on your current situation. If you’re not able to make your monthly mortgage payments or are seriously struggling to do so YOU HAVE OPTIONS!

Everyone’s situation is different and waiting until things get worse only means you’ll have less options than you would if you take action now. Get educated and understand what you need to do to either keep your home, or get out of it without seriously regretting the consequences you could face.

You owe it to yourself and your family to take a few minutes and find out what you can do. I’ll be glad to give you sound advice and do my best to lead you in the right direction in this difficult time.

FREE Home Evaluation

I’ll take a look into what your home is worth in today’s market.  This is NOT some automated system that spits out a value based just on the location and sqftage! I’ll take time looking through your area, comparing similar homes that are on the market TODAY, and homes that sold recently to give you the best estimate of value you could ask for.

Fill in the form below in order for me to find out about your home. Please don’t worry I won’t harass you to sell your home or anything like that. This is just a FREE service I offer to people in the area so they can see where they stand with their home’s value.

Buyers

I’ll help you do your Homework before purchasing a property. Get the assistance you need BEFORE you make your next home purchase.

Our Buyer Consultation Services include:

-Determining the best type of property to suit your needs

“We’ll help you find a home that fits your lifestyle!”


-Assisting you in determining the best financing options

“Keeping money where it belongs…in your pocket!”


- Locating target properties in the areas you desire

“Save gas and time driving around…we’ll do the work for you!”


-Negotiating and structuring your offer to get you the most for your money

“The most profitable way to save $$ Buying a home!!”



-Coordinating the inspection, appraisal, and closing process resulting in a smooth transition from contract to closing

Property Search

Find homes for sale anywhere in Coconut Creek, Coral Springs, or in the S. FL area!

You can find short sales, foreclosures, corporate owned properties, and HUD properties in Broward, Palm Beach, or Dade counties by using my property search engine below!

Click Here to Search for Properties…

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