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 Read more about Your Guide to Four Common Home Loans[…]
We left 2015 with a median home price of $185,000. In January median home prices went down about 4% at $176,500. Compared to this time last year the median price has increased 14%, and it has increased steadily for the past 54 months. Orlando’s inventory remains lean which has affected sales, and traditionally at this Read more about Market Update January 2016: Steady Start to the New Year[…]
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 Read more about 2015 Market Review & 2016 Market Outlook[…]
Our assistant and Realtor Jessica recently purchased her very first home with an FHA 203(k) Rehab Mortgage Insurance Loan. This is the first time we assisted a home purchase with this type of loan and we decided we’d like to run a series of articles about the loan, and how her progress with rehabbing the house Read more about Jessica’s Fixer Upper Journey – Part One[…]