Based on Michael Lewis best-seller The Big Short: Inside the Doomsday Machine, “The Big Short” won the Oscar in the Best Writing, Adapted Screenplay category this year. It tells the chilling story of a few financial traders and managers who saw the signs of a downturn before it took place, and decided to “short” the banks. The[…]
The first quarter of 2016 has tightened the market for home buyers searching in April. The total inventory was down 8% compared to March of last year to 10,583 homes, with 5,798 under contract. This means currently the inventory pace is at about 3.5 months of supply. Orlando saw a 3.5% decline in overall sales[…]
Are you a home-buyer in a seller’s market? You’ll know it if the homes in your area are selling rapidly, and for more than the seller’s asked for. Be prepared to outwit, outlast, and outbid the buyers you’re competing against. Although it isn’t quite like an episode of Survivor, knowing the rules to the game[…]
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[…]