Layouts

Securing the best financing for home purchase

A property sale cannot close unless buyers have the means to make a cash purchase or obtain finance. Securing the best financing in today’s marketplace can be challenging, here are some helpful information on the major mortgage plans. In most cases financing is necessary and is obtained from institutional lenders such as Mortgage Companies or […]

Passage Medical Debt Bill Could Help Credit Scores

WASHINGTON – Sept. 7, 2012 – A bill working its way through the U.S. Congress could open the door to homeownership for those people with lower credit scores, providing the credit ding came from a medical problem that they have since paid off. If the Medical Debt Responsibility Act passed, consumers would have all bad […]

FICO® Score

Let’s Talk About FICO® Score FICO® (Fair Isaac & Company) credit scoring system is used by Experian to compile credit profiles and assign credit scores used to evaluate consumers credit worthiness. Although there are 2 additional credit scoring systems used by Trans union and Equifax, FICO® is the best known and is considered synonymous with […]

Florida Distressed Property Report

  Distressed properties, foreclosures, REOs and short sales will continue to affect Florida real estate market through the end of the decade. A Florida Realtors study looked at the recent history of distressed property listing and transactions relative to normal market data and concluded that the shadow inventory is the main reason Florida’s housing market […]

Now Is a Good Time To Buy Orlando Homes

Now Is a Good Time To Buy Orlando Homes

July 2012 median price of $125,750 is 8.87 percent higher than it was in July 2011, particularly noteworthy is that the higher median price is accompanied by an increase in sales, one of the few times this duo has appeared together in recent years. Reports the Orlando Regional REALTOR® Association. Steady monthly increases have driven Orlando’s […]