Here in Florida, we’re land of the condominiums. Good news today for financing a condo. New FHA mortgage rules go into effect on Oct. 15, 2019 making it easier to buy a condo – especially first time buyers. The new rules specifically: Allow single-unit approval process. Extend condo project recertification from 2 to 3 years.[…]
Charming, cute, and move-in ready! 3/2, 1,401 sq ft, for $159,900. Wonderful opportunity to buy a newer home just outside the Historic District in Sanford. Corner lot, 2-car garage, stainless appliances. Click here to see the full listing on the MLS.
Have you ever wondered just what the difference is between a Conventional, FHA, USDA and VA loan? We broke down the information for each one, and what you’d expect to pay for a $200,000 loan with a 30 year fixed interest rate. # 1 – Conventional Loan Conventional loans are the easiest to remember because[…]
By all accounts 2015 was a good year for the real estate market in the US and especially Florida. According to Florida Realtors and the Freddie Mac Multi-Indicator Market Index, “Florida’s real estate rebound led the nation, with Orlando the top US rebound city.” Florida single family homes rose 12.4% year-to-year. This is wonderful news[…]