Under new rules, there are now three main kinds of disclosure notices mortgage lenders send to home loan applicants. These are the: Credit Score Disclosure Notice Risk-Based Pricing Notice Adverse Action Notice…
Category: Buyer / Seller Tips
Tampa Real Estate: Tenth Most Searched by Prospective Buyers in 2010
A large proportion of prospective home buyers searched for Tampa real estate in 2010, according to Move Inc., a real estate company that runs Realtor.com. The finding was based on online searches…
USDA Home Loan Program – Take Advantage If You Qualify
As banks tighten their lending policies, check if you qualify for a USDA home loan. If you’re qualified and if the home you’re planning to purchase is located in a USDA-qualified area,…
Tax Incentives for Businesses Locating or Expanding in Tampa
Businesspeople launching new firms or expanding enterprises in Tampa or in other cities of Hillsborough County can obtain tax incentives this year. Last year, voters approved an economic development proposal authorizing county…
Price-Rent Ratio in Tampa Affirms Buying a Home Over Renting
The decision of buying a home in Tampa rather than renting makes financial sense, based on a study held by Zillow. Tampa scored relatively low in both the home price-rent comparisons made…
Florida Bank-Owned Homes Still Abound for Investors Despite Long Delays in Foreclosures
Despite long foreclosure delays and sharp foreclosure declines, Florida still has a lot of bank-owned homes for investors and homebuyers looking for great deals. According to a report from LPS Applied Analytics,…
Welcoming 2011 with Great Hopes for the Real Estate Market
The first moments of 2011. The fireworks are lighting up the sky. The firecrackers are blasting the air, and people are cheering, shouting. Cars are blowing their horns. Neighbors are shouting greetings….
Florida Commercial Real Estate Favored by Executives
Florida commercial real estate is certainly in the eyes of corporate real estate executives across the nation. This is encouraging news to residents and businesses in Florida, particularly developers, investors and brokers…
Why Some Real Estate Investors Are Buying Condo Conversions
With stories of investors losing their investments in apartments, condo conversions, one wonders why there are still a number of people investing in condo conversions. These buyers must be seeing something other…
FICO Score Needs to be Tweaked, According to NAR
As the FHA, Fannie Mae, Freddie Mae and other lending institutions require higher FICO scores for mortgage approval or for lower loan rates, people particularly realtors, home sellers and potential homebuyers have become more…