If you’re buying a home, you’re not only giving your family a more comfortable and stable life, you’re also contributing to the stability of your community. Studies cited by the National Association…
Category: Buyer / Seller Tips
Nearly 93,000 Bank Owned Homes Added to Lists in July
A total of 92,858 residential units across the U.S. became bank owned homes in July, according to the latest report released by RealtyTrac. The total marked an increase of 9 percent over…
Ten-Month Supply of Homes for Sale in the Tampa Bay Area
It’s still a buyer’s market in the Tampa Bay area, as there’s still a ten-month supply of homes for sale in the region as of July. Based on a recent report from…
Four Costliest Mistakes by First-Time Homebuyers
Are you considering buying your first home? Then take a look at the costliest and most common mistakes committed by first-time homebuyers so you can take steps to avoid them. You want…
Third Quarter Outlook for Home Loans
As you’re looking for your dream home, it helps if you also look at the outlook by a group of mortgage professionals for home loans for the third quarter. No definite trend…
FHA Loans – Proposed Changes that Affect Home Buyers
Home buyers now need to improve their financial situation and their credit scores before pursuing their home purchase plans, as the U.S. Housing and Urban Development Department has proposed three policy changes…
Nearly 28,000 Vacant Lots in Tampa Bay for Home Builders
Home builders and other investors with plenty of cash reserves have the opportunity of a lifetime to buy lower-priced vacant home lots in bulk in Tampa Bay, as there are 27,923 vacant…
Qualify for a Home Loan Through Credit Rescoring
If your credit score on the FICO scale is 599 or below, your application for a home loan won’t be accepted by most lenders, as even those with scores between 599 and…
Is Your Bank One of the 905 Mortgage Lenders Suspended by HUD?
Are you planning to apply for a home loan? Check if your bank is one of the more than one thousand banks that received notices of suspension, reprimand, probation, fines and other…
Realtors Helping Investors Profit from Foreclosed Homes in Florida
Recently in Florida, all these things happened: A horse dealer bought a foreclosed house in Marion County for $82,000 and then resold it several months later for $200,000. A real estate lawyer…