Jan 23, 2012 | BUYER'S ADVICE, MIAMI REAL ESTATE, REAL ESTATE NEWS
We were showing property this week to a buyer looking for a home priced under $500K … Let me tell you – There are SO many well-priced (nice) homes in Miami available for under $500K right now. Because of the pricepoint for these buyers we are...
May 30, 2011 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what you see advertised, you cannot get 95% conventional financing in Florida. By phoning an 800 number you may well be told by some out-of-state lender that you can get 95% financing, and they may well supply you with a pre-qual letter, but 95% financing...
Mar 22, 2011 | BUYER'S ADVICE, MIAMI REAL ESTATE, REAL ESTATE NEWS
What is an FHA Loan? Who qualifies? In a nutshell – FHA mortgages are home loans which are insured by the Federal Government… Interest rates on FHA loans are similar to those of conventional loans…. and FHA financing is a good option for...
Dec 14, 2010 | IN THE NEWS, MIAMI REAL ESTATE
“What caused the housing market collapse?” The Restivo Team was asked that by a group of FIU students researching the real estate market in South Florida. A bit of this … a bit of that … Did it have something to do with Hurricane...
Sep 6, 2009 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
GONE are the days when you could slap down 5-10%, and scoop up a 90-95% loan… moving in thirty days later! Buying a single family home or condo in Florida? If so, you will likely need to scrounge up 20-30% for a down payment… unless you fall into...