Buyers Tips

Last year one of my customers wanted to get a lease with option to purchase home in Spring Hill Florida for his 91 year old mother. The listing price of the home in July of 2008 was $309000. Mortgages owed by the seller at that time were $290000. As the buyers agent I informed my customer and the [Read More]

In Spring Hill Florida real estate agents are beginning to buzz about the last of the great buys being offered by sellers that are non foreclosure nor short sales are disappearing quickly. Yesterday after showing only four homes my cash buyers landed on two. One home was a repaired sinkhole home. [Read More]

Buying your next home can be overwhelming. There is so much to consider. How much of a house can i afford, how can i find the best loan, Where will i come up with the down payment? Should I buy a new or resale home? If you approach the home buying process intelligently and with confidence you are m [Read More]

During the housing boom that started in 2004, many lenders were requiring little or no down payment to qualify for a mortgage loan. Many of the home owners that benefited from these breaks are now upside down on their payments and have decided to just allow the home to foreclose, as they see no lig [Read More]

Hi All, Yesterday was a good day for one first time home buyer and a bad day for the other. The buyers both set goals for the purchase of their first home only one was realistic and one wasn't. Guess which buyer got their first home? Yes, you guessed it the one who had a good day. Despite the d [Read More]

So your offer has been accepted, what's next? Get a home inspection! Too many buyers have placed successful bids on a home and failed to do a buyers inspection. It is not required but at a cost of around three hundred dollars(depending on home square footage) it is a bargain. A professional hom [Read More]

As most of you know the foreclosure market in Hernando county is a hot market with great deals and quick closings. Yet I see many buyers losing home after home because they are not listing to their realtor. A foreclosure home is bargain priced and a prospective buyer offering less that the asking p [Read More]

What are you paying in rent? Do you know the likelihood is that you could own a home and have equity instead of paying off your landlord's property? There are many homes in the Spring Hill area that are under $100,000. If you are paying $700 a month in rent, you are giving your landlord $8400 a [Read More]

Great news has come from the mid-Florida regional mls system that the Fannie Mae pilot program to have lenders pre-approve "short-sale" listing prices and give a stream-lined process for submittal and responses for those listings to the listing agents. This is the exact type of common sen [Read More]

Ever have a buyer change jobs just before a mortgage was approved, and three days before closing??? what a headache!! Please tell your buyers not to make any changes to their lives prior to applying for a mortgage. Happy Holidays!