Weston, FL – Daily Market Statistics; January 02, 2009; Below is a list of what our Real Estate Market for Single Family Homes in Weston, Florida looks like on a daily basis. It will show you what is new for
Below is a list of what our real estate market on Single Family Homes for January 01, 2009, in the City of Weston, FL reflects; New Listings – 5 1 Emerald Estates 1 North Lakes 1 Laguna Springs 1 Jasmine
The Florida real estate market is not what it used to be in the good old boom days. But there are several reasons to be optimistic about 2009! Declining prices in most markets continue to make Florida homes more affordable
Here are the official 2008 Brickell Key Real Estate numbers. It usually takes a couple of days for all transactions that close at the end of December to be entered into the system and be available for review. In 2008,
Weston, FL – Real Estate Market Statistics; December 2008 Below is a list of what our real estate market reflects for Single Family Homes from December 17, 2008 through December 31, 2008, in the City of Weston. Foreclosures and Short
Authored by Guest Contributor James Venney.
Imagine, it’s just days before your closing and you get a call from your lender who you thought was taking care of your mortgage….”we are sorry to inform you that you will need to make an additional 10% down payment in order to complete your purchase”. Unfortunately hundreds of potential buyers are getting this call every week in South Florida because they have chosen a lender that is not up to speed on loan to value restrictions in our area.
If you are buying in Pinecrest, Coral Gables, Weston or anywhere in the Tri-County area the down payment requirmenets for South Florida sometimes differ from other parts of the country. Of course there are certain exceptions to every rule but know what those exceptions are and when they are applicable is not something that every lender has taken the time to explore.
Below is a break down loan type, occupancy type and property type.
Conventional Non-conforming Financing – “Jumbo Loans”
Single family homes ~Primary residence – require a 20% down payment to a loan amount of $1 million, a 25% down payment to a loan amount of $1.5 million and 30% payment beyond $1.5 million. Financing up to 100% of the purchase price is available with deposit relationships and/or pledge assets.
Second homes ~ require a 25% down payment to a loan amount of $1million, 30% to a loan amount of $1.5 million or more. Financing up to 100% of the purchase price is available with deposit relationships and/or pledge assets.
Condominiums ~ Primary residence – require a 20% down payment to a loan amount of $1 million, a 25% down payment to a loan amount of $1.5 million and 30% payment beyond $1.5 million. Financing up to 100% of the purchase price is available with deposit relationships and/or pledge assets.
Second homes ~ require a 25% down payment to a loan amount of $1million, 30% to a loan amount of $1.5 million or more. Financing up to 100% of the purchase price is available with deposit relationships and/or pledge assets.
Miami became the protagonist in a 60 Minutes story about the mortgage meltdown last week. Even though I disagree with some of the reporting, I think the story provides some really interesting information about adjustable rate mortgage resets and what
421 NE 14TH AVE., UNIT 506 Hallandale, fl 33009 Previous price: $129,900.00 Super clean and fully furnished. 1-1.5 condo with 2 walk-in closets and extra storage! Enclosed balcony overlooking the pool/clubhouse, new furniture, 5 minutes to the ocean, and walking
Weston, FL-Daily Market Statistics for Single Family Homes; Reflects what’s new for today, December 16, 2008, only. Short Sale and Foreclosure Listings are also included below; Just Listed for Sale: 3 1 Weston Hills Country Club 1 Emerald Isles 1 The Lakes
The saying goes “the pen is mightier than the sword” which was the case today as 30 year fixed rates dropped below 4.875% for the first time in history! Contrary to popular belief the fact that the Fed lowered it’s “target” for
