President Obama’s new updated Florida Home Affordable Refinance Program, HARP 2, is anticipated to help Orlando Florida homeowners who are underwater or upside down on their mortgage loan. Changes to the original HARP Refinance Program include no loan to value restrictions, primary – second home – or investment properties qualify, and income does not need to be verified… [...]

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 [...]

Can I Do My Own Orlando Loan Modification? The short answer is yes; you can do your own Orlando loan modification. If you are an avid do-it-yourselfer [DIY], and are willing to dedicate the time, energy, and effort, you can do your own loan modification. One thing to understand upfront, though, is simply because you [...]

April 4, 2009, marked the official start of the Making Home Affordable refinance program. Expected to help 5 million homeowners, the Making Home Affordable program “looks the other way” with respect to falling home values, approving mortgage applications based on borrower payment history and benefit to the homeowner. Not every homeowner is eligible for a [...]

3 Main provisions of the 2009 economic stimulus plan that benefit Orlando Real Estate Buyers and Owners. Benefit #1 — Expansion of Home Improvement Tax Credit The tax credit for making energy efficient home improvements is now 30% of the cost of the improvements up to a maximum of $1,500. This means that if the [...]

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 [...]

Longwood real estate and mortgage rate shoppers – beware.  When it comes to low mortgage rates, you can’t always believe what you read in the papers, get in your mailbox [as you go through your mail standing over the garbage can] or hear on TV. Or, for that matter, what you see in official looking [...]

FHA Loans + $7500 Tax Credit + High Inventory = Orlando Real Estate Deals Phew – Made it through the holidays, and day-to-day life is setting back in. I love Christmas, for me it helps pull everything back into perspective for an approaching New Year. So now that the lights are back in the boxes [...]

Okay, so the subject line is long – but, believe it or not I cut it short. It could have been, “First Time Home Buyers can couple $8000 Tax Credit and Low Interest Rates and high inventories to buy Longwood Real Estate” We are seeing an unbelievable ‘perfect storm’ for buyers! Beware though – when [...]