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House Flipping 101
PROPERTY INVESTING

House Flipping 101

Home improvement television makes flipping homes look so easy anyone can do it. But the reality is much different. You can make a lot of money or lose money to problems that slow down your timetable and increase your risk.

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Fort Lauderdale existing home sales were down 2.4% from one
MARKET UPDATE

Housing Sales Take a Breath

If you’ve been anxious about being able to buy a home, you’ll like the latest news in March 2022 from the National Association of REALTORS (NAR) and the Mortgage Bankers Association (MBA). Housing sales are slowing down.

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FINANCIAL ADVICE

Compare Interest Rates and APRs

When you apply for a mortgage, you may not pay the advertised rate. The best rates are for those homebuyers with the best credit scores. However, lenders are competitive, so you’d be wise to apply

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FINANCIAL ADVICE

Freddie Mac’s Home Possible Loans

With as little as 3% down payment required, Freddie Mac’s  Home Possible Mortgage loans are ideal for low to moderate-income borrowers with few savings, first-time homebuyers, borrowers with shallow credit histories or retirees on a limited budget.

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HOMEBUYERS’ ADVICE

Buying Land to Build a Luxury Home

A primary or second home by the ocean, lake, mountains, or desert could be heavenly, but hard to obtain in today’s warp-speed real estate climate. So why not build the home of your dreams on

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HOMEBUYERS’ ADVICE

Don’t Give up Hope, Millennials!

It’s no secret that Millennials, ages 24 to 34, have been hit hard in 2020. The triple whammies of student loans, COVID-19 and record job losses are huge challenges to face. It would be easy

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HOMEBUYERS’ ADVICE

Is It Time to Build Your Luxury Home?

The April 2021 market report from the National Association of REALTORS had a seeming contradiction. It was the third month in a row that existing home sales declined, yet home prices hit an all-time high of $329,100.

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HOMEBUYERS’ ADVICE

Do You Need A Jumbo Loan?

For 2021, the Federal Housing Finance Agency (FHFA) which oversees Fannie Mae and Freddie Mac raised the maximum conforming loan limit for a single-family property from $510,400 in 2020 to $548,250. In high-cost areas, including parts of

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HOMEBUYERS’ ADVICE

Is It Cheaper To Buy Or Rent?

Home prices are going up, but in some areas of the country, it may be cheaper for you to save money for your own home by renting another year. According to Move.com, renters can save thousands

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