TALLAHASSEE, Fla. – April 19, 2011 – A $1 billion program expected to help 40,000 Floridians stave off foreclosure opened statewide Monday, setting off a first-come, first-served rush for government-aided mortgage payments. The Florida Hardest Hit Fund program, administered by the Florida Housing Finance Corp., is designed to aid unemployed homeowners by paying their mortgages [...] Read more
Todays Mortgage News from Andy Brown
Rates held up very good this week. They deteriorated a bit today as so many investing institutions sold off positions for profit-taking from their gains after the Fed’s $600 Billion QE2 stimulus. I wouldn’t be surprised if rates improved on Monday. After they sell, they will have to buy again. Don’t forget, we are heading [...] Read more
Not Just Another Mortgage Guy – Andy Brown
The Jumbo market is up almost 2% nationally! And I now offer Jumbo Loan Financing up to 80% Loan To Value “IN HOUSE”! In-House, Florida-based, Local Underwriting! How does a fully amortized 5 Year ARM at 4.50% sound? Primary Residences (purchases) up to 80%, Second Homes up to 75% Loan Amounts up to $1,000,000 [...] Read more
‘Distressed’ property in Florida: short sales, foreclosures..
How to know if you are a good match for a distressed property… distressed: foreclosure, short sale, needs ‘tlc’ and fixer upper 1. Almost all distress sales are sold as is. You have right to inspect, but what ‘as is’ means…seller is not taking responsibility nor promising to make repairs, replacements or upgrades, prior to [...] Read more
Florida Farmers Markets
In Orlando-central FL the Saturday morning farmers market is a great way to get out, meet your neighbors, enjoy the sunshine, pick up local produce, specialty items (from gourmet cheeses, pasta to artwork and handcrafted gifts and trinkets.) Make a day of it, by taking time to enjoy lunch at one of the local eateries, [...] Read more
New Construction Homes and Condos
Yes there are plenty of properties on the market, the choices for buyers have never been better….it is still a buyers market. However, new rooftops are appearing daily and buyers still have lots of options if, new construction/a new home is their first choice! If your needs are immediate, inventory is available and builders want [...] Read more
