New Provisions of FAR/BAR "As Is" Residential Contract For Sale and Purchase

The new “AS IS” contract has changed to clarify areas that were vague in the previous contract.  These clarifications include, but are not limited to: An itemized list detailing the personal property that Buyer and Seller agree is to be included in the sale.  Note:  if there is a specific light fixture you want, to […]

Buying, Selling
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You Have Heard It, But Do You Believe It?

Now is the time to buy a home, really.  If you don’t believe me, read who is saying that buying a home now is a smart move.

Buying
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Credit Do's and Don'ts if You Are Thinking of Buying a Home?

Fannie Mae is requiring more stringent reviews of loans from lenders so if you are going to be in the market for a home in the near future keep the following in mind: don’t incur any new debt, especially between the time you apply for the loan and the closing on your property; don’t apply […]

Buying, Mortgage information
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Credit Do’s and Don’ts if You Are Thinking of Buying a Home?

Fannie Mae is requiring more stringent reviews of loans from lenders so if you are going to be in the market for a home in the near future keep the following in mind: don’t incur any new debt, especially between the time you apply for the loan and the closing on your property; don’t apply […]

Buying, Mortgage information
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Pinecrest Open House 6-27-2010

Buying
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Wealthy Still Moving to Florida

Forbes’ article Where America’s Money is Moving states that 8 of the top 20 counties where the wealthiest residents are moving are in Florida. In addition to the weather, beaches, lifestyle, drastically reduced real estate, the fact that Florida does not have income taxes continues to make the state one of the top destinations for […]

Buying
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Mortgage Applications Decline to Lowest Level Since April, 1997

Despite the decrease in interest rates since April 30 of this year, mortgage applications for home purchase are down to the lowest rates since April 11, 1997.  The decrease is largely due to the expiration of the First Time Home Buyers Tax Credit.

Buying, Mortgage information
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National Flood Insurance Program Set to Expire — Again

Congress didn’t get around to approving an extension go the National Flood Insurance Program so it will expire for the third time this year.  Talk about frustrating!  If you have a closing in an area that requires flood insurance before Congress gets around to extending the program, have the seller transfer their existing policy to […]

Buying
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Are Real Estate Sales Really Up in Miami?

If you read the papers, listens to the news, or talk to friends, neighbors and acquaintences about the real estate market, you could be very confused as to what is “real” about it. Foreclosures and short sales are still high. Unemployment is still high and actually rose more vs. high and dropping. Inventory is still […]

Buying, Foreclosures, Selling
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