What Costs are Associated with Buying/Selling Real Estate? There are different fees associated with each side of a real estate transaction (Buying Side & Seller Side). Fees are very location-based – even within the same state, fee standards can be different. And, across America, each state has different types of fees that are applied. For […]
A Crystal Lagoon, the first one in the United States, is coming to Epperson. It’s an enormous 8 acre, 16 million gallon swimming pool that will stretch the length of five football fields. It will be 200 feet wide and up to 8 feet deep with a series of “arms” stretching out. Each “arm” of the lagoon off the center will be about 1/4 mile long!
Look no further that the state of Florida’s website for important information you should know BEFORE the next tropical system threatens the Tampa Bay area. NOW is the time to take a look at your coverage when there are NO named storms in the Gulf and make sure you are properly protected! Florida’s Chief Financial […]
FHA rehab loans ideal for distressed homes | Inman News. This great blog post by Steve Bergsman with Inman News discusses the FHA 203k loan program which is a little known loan program offered by the Federal Housing Administration. In this discussion, Steve compares the actual cost of maintaining a new construction home versus a […]
HAFA and HAMP are government programs initiated to reduce the negative impact of the falling housing market on the economy. They are programs that relate to GSE (Government Sponsored Enterprise) Mortgages such as FHA and VA. HAMP – Home Affordable Modification Program / a Loan Mod Program Within the HAMP program, servicers apply a uniform […]
The government has introduced an FHA loan modification program with these key features and differnces: Incentives: Incentives to the lender to modify under the program are up to $1250.00 Principal Reduction: Under the FHA plan, mortgage servicers can reduce the amount of principal on which the borrower must make loan payments by as much as […]