The Home Affordable Refinance Program, or HARP, was instituted in March, 2009 and became a moderately successful tool for homeowners in the Vero Beach mortgage market as well as other markets all across the United States. Help for Vero Beach Mortgage Borrowers Because of fairly conservative loan-to-value restrictions, HARP was improved to HARP 2.0 in 2011 with LTV ratios higher […]
Vero Beach Homebuyers Playing Waiting Game
The effects of a down economy over the past few years has taken its toll on first-time Vero Beach homebuyers. Industry experts cite the inability of young Americans to accumulate savings for down payments and an unstable job market as major reasons. The result is they are sitting on the sidelines longer than ever before jumping into the home buying […]
Your Vero Beach Home Inspection Checklist
A Vero Beach home inspection is not only a good idea, but it’s usually a requirement before purchasing. The purpose of a home inspection is to check out all the basic elements of the home. A good home inspector will make recommendations if he sees something that needs attention or isn't quite up to par. Consider These Vero Beach Home […]
Vero Beach Home Improvements May Hurt Home Value
When you're considering Vero Beach home improvements it's always a good idea to compare the cost of the renovations to what they may add to the resale value. Statistics show that homeowners rarely enjoy a full, dollar-for-dollar monetary appreciation of the cost of most home improvements. Some improvements may assist in selling your home when the time comes, both with […]
Save Money in the Vero Beach Economy
Trying to navigate the Vero Beach economy can be challenging. However, if you’re a savvy shopper you already know there are good times and bad times to buy certain products and merchandise, and the month of August is no exception. Here are a few tips of what to buy — and not to buy — during August. Follow the advice […]
Vero Beach Home Technology Features
When you grow up immersed in a technological world, it’s only natural that you come to rely on and expect even more Vero Beach home technology. Prospective millennial home buyers — that segment of the population in the 25-35 age range — are becoming more interested in homes with smart technologies and the latest gadgets. Experts predict that by 2020, […]
Home Auctions in the Vero Beach Real Estate Market
You may have read about auctions as a unique way of selling certain homes in the Vero Beach real estate market. Some creative home sellers have employed this option as an alternative to a traditional listing. A Closer Look at Vero Beach Real Estate Auctions There are basically two different types of auctions: "with reserve" and "without reserve." An auction without […]
Vero Beach Mortgage Down Payment Myths
One of the most important components to obtaining a good Vero Beach mortgage is the down payment. Unfortunately, many homebuyers have misconceptions about down payments and how they impact their ability to obtain home financing. Let’s examine some of the down payment myths that are prevalent in the Vero Beach mortgage arena. 4 Vero Beach Mortgage Untruths 1. You have […]
Selling Your Vero Beach Home
If you’re contemplating selling your Vero Beach home, there are several steps you can take that may help sell it faster than simply lowering the sales price. Here are a few tips that may pique interest from prospective purchasers and maintain your asking price. Vero Beach Home Selling Tips: Be Different Than Others in Your Neighborhood Remember, one of your […]
Minimizing Vero Beach Loan Closing Costs
Congratulations! After a few weeks of gathering documents and waiting for your mortgage loan to be processed you’ve finally been approved! Soon it will be time for the loan closing, the culmination of the process. Now it’s time to think about Vero Beach loan closing costs and, more importantly, minimizing them and keeping more money in your pocket. After all, […]