UPDATED – November 7th, 2009 **It is LAW – signed by Obama on Friday**! The Florida First-Time Home buyer Tax Credit may soon be known as the Home Buyer Tax Credit… being opened to non-first time buyers for the first time. As you have likely already read on My FHA Mortgage Blog – the Florida [...]

As an Orlando Mortgage Broker in Seminole County, I have had the experience of working with many insurance carriers -some good – some bad. As the largest private property insurer makes the move to pull out of Florida, home owners are wondering – what do we do now? I personally have been using State Farm [...]

The Super Bowl Weekend [wow, what a game - huh?] traditionally marks the start of the Lake Mary real estate Spring Buying Season. Anecdotally, Lake Mary real estate agents will tell you that buyer activity tends to tick higher at this time of the year… and I tend to agree. I have seen a definite [...]

By Michael Dale – Vice President, Dave Brewer Realty, Inc. Wow, given the recent dramatic economic events where do I begin; the stock market, the mortgage market, the secondary mortgage market as represented by Fannie Mae and Freddie Mac? Each of the aforementioned have so overwhelmingly impacted our economy let alone our housing market. Many [...]

Not to be an alarmist, but with the new requirements… it may just be impossible for some to get conventional financing… In an effort to limit risky borrower behavior, however, Fannie Mae announced a new round of mortgage guideline alterations last week. Unlike the previous 20+ updates that: raised income requirements and raised minimum credit [...]

Sooooo, [I thought i would start with something other than 'okay...' LOL] The FED made an “emergency rate cut” yesterday, dropping the Fed Funds Rate by one half-percent to 1.500%. What you care about, is the PRIME rate dropped to 4.500%… this is what HELOCs and credit card rates are based on… yeah I know… [...]

That is the title of an amazing article that my friend Tim Davis of Titan Home Loans wrote.¬† It was a great article that really goes past the surface ‘lip-service’ of what needs to be done and analyzes the actual results if those things were to come to pass… Here are the poitns that Tim [...]

Lawyers being what they are, it was just a matter of time before something like this grew legs somewhere. [Not that lawyers have legs...] The problem is that it simply becomes a freedom of speech issue. Finally, this seems to be getting a groundswell of support. High profile places like Bloodhound and Wanna Network’s real [...]

Here is a priceless blog through a new friend in the area, Mary McKnight¬†- at real estate seo. Alright, it’s the weekend and I totally don’t feel like talking geek, SEO, blogging or real estate.¬† So, here are some of the things I have found on the web that I couldn’t imagine living without.¬† These [...]

Wow Is there a fear that action doesn’t cure?¬† I was afraid of being ‘one of the masses’ on Active Rain… I mean, they tout having 100,000 members.¬† Impressive. Well, like many things, those that take action are few and far between.¬† In 3 days of posting blogs [I am new at that too] I [...]