Vero Beach Real Estate
In a move to assist Vero Beach mortgage borrowers, the Federal National Mortgage Association (Fannie Mae) announced it will make substantial changes in a lending program for low-to-moderate-income households. The program, dubbed HomeReady, is scheduled to begin in December. It promises to feature new lending guidelines recognizing that many of Vero Beach mortgage customers share homes and the accompanying financial […]
A Vero Beach home inspection may not necessarily be required, but it’s usually a good idea and a popular recommendation from industry insiders and real estate agents. However, hiring the right inspection company or home inspector is very important. Because home inspection horror stories can and do happen, some prospective buyers seek the expertise of two home inspectors — the […]
In addition to other favorable signs, the Vero Beach mortgage market is expected to be one of the positive features in the recovery of the housing market. Experts say Home Mortgage Disclosure Act (HMDA) information indicates the housing improvement continues. Continued Improvement in Vero Beach Mortgage Market Expected Because of the data trends, lending projections are expected to rise. And that could […]
The Vero Beach housing market is doing better than expected. According to recently-released Commerce Department statistics, new home sales across the country enjoyed a 25% percent increase in July, 2015 compared to the same month a year ago. Vero Beach Housing: A Seller's Market It's a seller's market, evidenced by these characteristics: Higher sales prices across the board for all […]
Vero Beach home improvements are often planned and made by senior homeowners and many of them make mistakes by not considering their future needs. As homeowners get older they should carefully consider remodeling and renovating their homes. Mistakes may lead to financial challenges as the homeowners reach retirement age or beyond. Vero Beach Home Improvements: The Four "No-No's" 1. Renovating, […]
Many Vero Beach house hunters are entering the home market due, in part, to low interest rates. One of the most commonly asked questions of home buyers concerns how expensive a house they can afford. This video offers a little advice on how you can best determine the answer. Vero Beach House Search: Remember These Tips 1) Online Pricing Calculators. […]
In our Vero Beach Real Estate News for September 2015 we look at "Vero Beach Mortgage Rates after the Stock Selloffs" last week, "Changes That May Affect Those Closing on a Vero Beach Home This Fall", and we say goodbye to this Newsletter Category at our Blog: Vero Beach Mortgage Rates Fall After Stock Selloff Vero Beach Mortgage rates fell last week […]
Having a Vero Beach insurance policy is vitally important to both mortgage lenders and property owners. And no subject is quite as controversial as "force-placed" or "lender-placed" insurance coverage. As the name implies, lender-placed insurance is a policy implemented by the mortgage holder in the event the homeowner has insufficient coverage or allows the coverage to lapse. Lender-Placed Vero Beach […]
More Vero Beach home improvement buffs are becoming "do-it-yourselfers" than ever before. According to a recent survey conducted by the Harvard Joint Center for Housing Studies, the home remodeling and repair industry is expected to reach $325 billion this year for the first time since 2007. Why is the Vero Beach Home Improvement Market So Hot? Experts cite two big […]
Whether it's a topic like the Vero Beach mortgage industry or another subject, we live in an information-rich environment. The Internet, 24-hour cable news stations and a burgeoning social media network keeps Americans in touch with available information almost instantly. Yet the endless wealth of information at our disposal also means there's a glut of misinformation being disseminated as well. […]
