“How much does it cost?” is typically the first question you ask when you’re buying something. If you’re looking for a home mortgage, your first question should be, “How much will the loan cost?” As of August 1st the Mortgage Disclosure Improvement Act went into effect which theoretically helps a home buyer understand all the expenses associated with their mortgage loan. Fair enough, but once again our industry seems to have gone to an extreme reminiscent of the overkill of HVCC.
You qualify for the tax credit if you are a first time buyer (or have not owned a property in the last three years). Home loans are taking a lot longer to process even if your credit is great and the process rolls exactly as it should. So if your plan is to take advantage… Continue Reading $8000 Tax Credit
OK, so we’ve got a bill before congress to provide an 18-month moratorium on appraisals for the HVCC fiasco which is also known as Hell’s Vehicle to Craziness and Confusion! But H.R. 3044 can’t get passed soon enough! Current Tampa mortgage rates are great and you can get a home mortgage if your numbers add… Continue Reading Tampa Bay Home Appraisals
Hey everyone, just wanted to give a quick update on what to look for during the loan process so that if a new disclosure is required, delays can be avoided. Enjoy!
FHA rules for Tampa Bay condo sales are tightening up. Make sure that you are getting your condo loans BEFORE October 1, 2009! If you have any other questions about the Tampa Bay Condo sale market give me a call 813-361-6350