Welcome to Home Mortgages
Florida Mortgage Broker Article
This is a selection made from among articles on Florida Mortgage Broker. For a permanent link to this article, or to bookmark it for future reading, click here.
Buying a New Home – Home Buying Tips
from: Carrie ReederIf you in the process of looking for your first home, there are some essential steps that you should be aware of. Many times, people fall in love with a home and rush into the deal—not considering some important issues. Unfortunately, many of those people end up unhappy with their purchase or end up with a deal gone bad.
Avoid this by following the suggestions below and ensuring that you have thought out your purchase thoroughly.
The most important consideration should be the sales price of the home. Just because it’s the best home in the neighborhood, that doesn’t mean that you should pay a lot more for it. In fact, experts tell us that the “best” house in the neighborhood probably won’t sell for much more than the other homes in the area. You should look to pay not more than 10-20 more than the other homes in the area—no matter how much nicer the home is. Anything higher than that is based on emotion—not business—and will probably cost you when you go to sell it.
Next, you should take a serious look at the neighborhood itself. How are the school systems rated? Even if you don’t have children this is important because when you go to sell the home, your buyers might. Is the house located in a convenient area, or would you have to drive excess miles to do your grocery shopping? In addition, you should visit the area in the day time, as well as the night. Does the “feel” of the area change when it’s dark, or does it still look like a nice place to live?
Finally—and perhaps most importantly—don’t get caught up in “house fever” and commit to buying more than you can afford. One way to do this is by being pre-approved by your mortgage company. This will tell you exactly how much you can afford to pay, and that will automatically slim down your options. A good rule of thumb when you’re shopping is that your mortgage payment shouldn’t exceed more than 36 percent of your income.
To view our recommended home mortgage lenders or to read more articles about bome buying, visit: Recommended Mortgage Lenders Online.
About the Author
Carrie Reeder is the owner of ABC Loan Guide. It is an information website with articles and news about various types of loans.
Florida Mortgage Broker Specific links
Ripe Tv
- Hottest Video portal on the internet. Every Kind of Video - Supermodels, Martial arts, Cool shows, Pick Miss Ripe and More!
-- http://www.ripetv.com/
EBAUMS World
- Cippi, the farting chipmunk - A snake gets iced in Cippi's latest adventure!
-- http://www.ebaumsworld.com/
Free Online Kids Games
- Hundreds of fun free online games for kids.
-- http://www.alfy.com/
Florida Mortgage Broker News
Home Builders Soar On Lower Mortgage Rates, But Pain Persists - CNN Money
NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over. As consumers raced to lock in lower rates, applications to refinance existing loans jumped 203.3% last ...
Read more...UPDATE: Builders Soar On Lower Rates, But Pain Persists - CNN Money
NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over. As consumers raced to lock in lower rates, applications to refinance existing loans jumped 203.3% last ...
Read more...Mortgage rates dip, but cash is still king - Herald Tribune
The drop in mortgage rates during the past week is bringing out fresh buyers to a tired real estate market, but only a few of them are scoring. Rates hovering at 5.38 percent are drawing some fence-sitters with good credit who figure rates are not ...
Read more...Forces storm Jewish center; hostages freed from hotel - San Diego Union-Tribune
Matt Sauer, a young, single mortgage broker, planned to get rich quick after graduating from college. By age 28, he owned properties in Pacific Beach, Las Vegas and Florida. Matt Sauer, a young, single mortgage broker, planned to get rich quick after ...
Read more...On Appeal - Daily Business Review
$1.48 million judgment entered in Israel against a Miami real estate broker is enforceable in Florida, a state appellate court has ruled. In 2002, 11 Israelis bought homes at the Marion Lakes Golf Resort in Kissimmee through the broker and mortgage ...
Read more...Lower US mortgage rates offer hope to Main Street - Reuters
CINCINNATI, Nov 26 (Reuters) - For Cincinnati mortgage broker Greg Humphrey, the Federal Reserve's move to help homebuyers on Tuesday came just in time to save one client a pile of money -- and he hopes it will be a lifeline for others. "We were ...
Read more...Briefs: Real estate school established in Southwest Florida - News-Press
The school will offer complete education in real estate, including appraisal, pre- and post-license sales, pre- and post-license broker, mortgage brokers and other national designation courses. Call 274-5588 for more information. Lee Architects ...
Read more...Mortgage freeze hard on self-employed - Rocky Mountain News
The government’s recent moves to backstop the mortgage market have made it easier for many people with decent credit scores to get a loan. But for many self-employed people — even those with pristine credit — the mortgage freeze has yet to thaw ...
Read more...US banks set mortgage bar too high for self-employed - The Australian
DESPITE recent moves to backstop the US mortgage market, the freeze on lending has not thawed for many self-employed people. Washington’s support in the sector has made it easier for many people with decent credit scores to get a loan, but for the ...
Read more...Wrestling with a new career - Louisville Courier-Journal
The people who call Mike Bucci looking for a mortgage can't see his face, but they often know exactly what he looks like. His thick New Jersey accent might help customers remember Bucci as a professional wrestler performing on television before ...
Read more...