Oct 4, 2010 | BUYER'S ADVICE
The biggest upfront cost in purchasing a home is the down payment. Traditional lenders typically expect borrowers to put at least 20% of a loans total amount down. If a borrower is unable to do that, they are required to purchase Private Mortgage Insurance (PMI),...
Oct 3, 2010 | MIAMI REAL ESTATE, SELLER'S ADVICE
WHAT YOUR HOUSE IS “WORTH” IS NOT DETERMINED BY: WHAT YOU SPENT TO UPDATE IT WHAT YOU NEED or WANT TO SELL IT FOR THE AMOUNT NEEDED TO PAY OFF YOUR MORTGAGE WHAT YOUR NEIGHBOR TOLD YOU IT’S WORTH WHAT THE HOUSE DOWN THE STREET SOLD FOR. If you are...
Sep 30, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE, SELLER'S ADVICE
“FOR SALE BY OWNER?” …. CONSIDERING SELLING YOUR PROPERTY ON YOUR OWN? YOU MAY BE GREETED WITH A RATHER TEPID RESPONSE AND HERE’S WHY: 1) BUYERS ARE OFTEN UNCOMFORTABLE DEALING DIRECTLY WITH A SELLER (FOR SALE BY OWNER) FOR A NUMBER OF...
Sep 29, 2010 | BUYER'S ADVICE, GREEN CERTIFIED, MIAMI REAL ESTATE, SELLER'S ADVICE, STAGING/DECORATING
Despite a general consensus (at least throughout much of America) that bigger is better, I am finding that home-buyers who are buying property in South Florida are actually leaning toward less space, cozier environments… more charm. What I’m finding...
Sep 28, 2010 | MIAMI REAL ESTATE
There are some things you should ask your lender when you are looking to purchase a new home. What kind of loans do they offer? What kind of loan do they recommend? What are the advantages and disadvantages of the loan structure? What’s the current mortgage...
