If you are in the market for a new home, one of the first things you need to do is get pre-approved for a mortgage. In almost all cases this means tons of paperwork, most mortgage lenders require extensive documentation before they will fund your loan. Before you start the process, it is helpful to […]
Buying a house is not just about putting a roof over your head, it is also an investment, the equity you build in the house over the years can end up being a significant portion of your financial well-being in the future. The process of buying a home can be a bit overwhelming, after all […]
Homeowners in Florida may be in for a price increase in 2020, despite the fact that lawmakers passed an assignment of benefits reform bill las year. Insurers are requesting major price increases this year, it looks like the prediction of higher insurance rates after Hurricane Irma is finally here. Executives from National Specialty Insurance Co., […]
Winter often brings heavy snow and strong winds which can damage or even knock down trees. If a tree comes down and damages your house, your homeowners insurance will step up to cover the damage, regardless of whether it was your tree or it came from your neighbor’s yard. A standard homeowners policy will cover […]
Great example of a walk-in pantry with butcher block countertops in an updated home in San Diego, California Whenever you purchase a home there are always going to be tradeoffs and choices that have to be made between what you want your home to look like and include as well as what you can affordable […]
FHA loans can be a great option for first-time homebuyers. They often offer a fantastic interest rate as well as a lower down payment requirement. Due to the fact that these loans are backed by the Federal Housing Administration, interest rates can drop down as low as 3.5 percent. While a traditional mortgage usually requires […]
In August of 2019, this waterfront Florida condo in St. Petersburg, Florida keeps first floor windows covered as Hurricane Dorian approaches. Demotech, the agency that is responsible for assigning insurers a financial stability rating (FSR) has warned that more than 40 domestic insurers in Florida will receive a downgrade, mainly due to the deteriorating conditions […]
If you are thinking about buying a house this year, we are here to help. While home prices are still hovering around all-time highs and in most cities, it is still a seller’s market, there are plenty of signs that home prices could be headed down. Election uncertainty, a peak real estate market and the […]
Owning a home can be very rewarding, but it can also come with some unexpected and very expensive surprises. If you are unprepared for these types of expenses, you could find yourself taking out a home equity loan or running up credit card debt to cover surprise expenses. Most financial experts recommend keeping three to […]
Inheriting real estate from your parents or other family member can often end up being a unexpected windfall, or somewhat of a burden. In many cases it can be a bit of both. A well maintained home in a desirable area can be quite the blessing, while an old dilapidated house hundreds (or even thousands) […]