Weston, FL – Daily Market Statistics; January 03, 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
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.
Wells Fargo announed last week that interest rates are at their lowest since 1971. This is an historic moment in the history of mortgage rates. They dropped last week to 5.19% fom 5.47%. Want to refinance? Check this out: If
Weston, FL – Daily Market Statistics; January 04, 2009
Weston, FL – Daily Market Statistics; January 04, 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
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