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.[…]
Orlando’s housing market in August saw an increase of 9% in year-over-year median price to $250,000. Inventory has gone down 2% over that same period of time.
30 year mortgage interest rates hit a three year low – 3.49%. If you’ve been thinking about buying a home, this is an opportunity you might not want to miss! Whether you’re a first-time purchaser or wanting to sell and purchase a new home, we can help. Thinking about investing, we can help with that[…]
Our investor just closed on a cute 3 bedroom, 1.5 bath home in Sanford for $155,000 – fully rehabbed. With a 20% downpayment, this little performer will churn out a 28% return on investment. Although properties this nice at this price point don’t come up everyday, they are still out there, and we are constantly[…]