You still have time to refinance in Tampa
With mortgage rates below 4% since May 2019, you would think that most people would have already refinanced but according to a recent Lending Tree ...
Posted by Renee Thompson on May 10, 2021
Supply Will Soon Meet High Housing Demand
NAR chief economist Lawrence Yun voiced optimism in his statements accompanying the pending home sales report, stating that supply will soon come ...
Posted by Virion Ladines on May 5, 2021
Renting Your Tampa Home Tax Free
There is a little-known provision in the tax code that allows homeowners to rent their principal residence or second home for up to 14 days a ...
Posted by Renee Thompson on April 22, 2021
$25,000 Downpayment Assistance For First Time Homebuyers
A lot of potential homebuyers have been closely following President Joe Biden's proposed first-time homebuyer tax credit, but the latest draft ...
Posted by Virion Ladines on April 21, 2021
Before you pay cash for a home...
Before you pay cash for a home, ask yourself if there is a possibility, at some point in the future, you might put a mortgage on the home and would ...
Posted by Renee Thompson on April 15, 2021
Looser Mortgage To Benefit First-Time Home Buyers
In a report released on Thursday by the Mortgage Banker's Association (MBA), credit availability inched higher in March, driven by the ongoing ...
Posted by Virion Ladines on April 13, 2021
Tampa's Housing Becomes More Affordable
In the latest Housing Affordability Index released by Realty Hop, Tampa has moved three spots higher ranking at 27th from 24th for the most expensive ...
Posted by Virion Ladines on April 6, 2021
Home Equity and Wealth Accumulation
National homeowner equity grew in the fourth quarter of 2020 by $1.5 Trillion or 16.2% year-over-year based on a CoreLogic analysis. The study ...
Posted by Renee Thompson on March 22, 2021
Your refund could open the door to a new home in Tampa
One of the silver linings to filing your income tax return is finding out that you are going to receive a refund that could literally open the door ...
Posted by Renee Thompson on March 1, 2021
Is it time to cancel your mortgage insurance in Tampa?
Mortgage insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan. Most conventional mortgages ...
Posted by Renee Thompson on February 16, 2021
Make your Best offer first
This strategy is not about trying to negotiate the best price; it is about beating out the competition and buying the home. It may be ...
Posted by Renee Thompson on February 8, 2021
Home Insurance and Mortgage Insurance
Many homeowners with mortgages pay for both types of insurance but only one of them protects the owner.
Homeowner's insurance covers damage to your ...
Posted by Renee Thompson on February 1, 2021
Moving up or down...
Staying at home in 2020 caused of lot of owners to think about how nice it would be to have a larger home to accommodate the additional activities ...
Posted by Renee Thompson on January 25, 2021
Would you move if it was to your advantage?
A much-repeated investment strategy is to buy low and sell high. Some people who purchased around the financial crisis of 2010-2012 are ...
Posted by Renee Thompson on January 4, 2021
Debt to Income Ratios
Debt-to-Income ratio is a tool that lenders use to qualify buyers for a mortgage and is an important factor in determining loan approval....
Posted by Renee Thompson on December 28, 2020
Buyer's Closing Costs
Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender ...
Posted by Renee Thompson on December 21, 2020
What happened to Assumptions?
Mortgage assumptions have not been a practical matter for the last 30 years because mortgage rates have been on a steady decline. Even if ...
Posted by Renee Thompson on December 14, 2020
Vacation home sales are up 44% year-over-year according to the National Association of REALTORS® based on sales during the July to September ...
Posted by Renee Thompson on December 7, 2020