Buyers

How We Saved $10,000 Working With Orlando Buyers Broker - We love working with first-time homebuyers and because this is their first time buying a home, many of them just don't know the process. I love being able to inform buyers of how they can save money and purchase a home with as little stress as possible but it does take a little bit of know-how, knowledge, and understanding of the transaction. I recently worked with a couple that was buying their first home in Orlando,  and I asked them t...

  5 Things You Should Never Do Once Approved for a Home Loan - Once you gain a pre-approval offer from the lender, you must avoid doing certain things. This is because the lender evaluates your assets, debt, credit, and income. Some actions may affect your credit score, which in turn can lead to a delay in mortgage closing or not getting mortgage approval at all. The actions to avoid include:   Making any large purchases   You should avoid buying anything expe...

10 Things to Know About an HOA - In Orlando, there are several subdivisions, gated communities, and neighborhoods that are part of their own HOA. And HOA stands for Homeowner’s Association and is typically the Association or Board of members that manage the community, keep things consistent, and adhere to the rules and bylaws of the community. It’s important to understand the type of homeowner Association that you’re getting into if you’re choosing a home within the community. You’...

The mortgage interest rate that you are offered by a lender is determined by several different factors. Some may be within your control to help determine and others are not. With knowledge of what factors go into the determination of a mortgage interest rate, you can feel more confident about getting the best competitive interest rate when shopping for a mortgage.   Interest rate factors that you can control   Lenders adjust the mortgage rate that they offer to a particular app...

  For a little while now many real estate investors have stayed out of the real estate game. Prices have been too high in competition to fears. But now, many investors are getting back in the saddle when it comes to investing in properties in real estate but why and what type are they looking for now? Since the pandemic started, investor activity has been slightly waning. But a recent report from a major real estate Corporation stated that investor home purchases were up nearly 3% ov...

Your credit score and credit history directly influence your mortgage rate and your monthly payment deals. You might be wondering how it does. Lenders look at a lot of factors when determining how much of a risk you are when buying property and borrowing money.   Here is a breakdown of how credit score impacts your mortgage and monthly payment.   Lenders use the credit score to measure your viability for credit - credit score reflects your past credit usage. It speaks volum...

How Financially Prepared Should You Be Before Buying a House? Finding a dream home is easy but being financially qualified is a fog to your vision of dreams. Getting the minimum credit score to bring your dream home to reality is the most exhilarating and stressful process you will ever encounter in your life, especially if you do not have a financial plan to purchase your home. To have a better dream home, you need to roll up your sleeves and create a well-laid-down financial plan to allow ...

Five Ways to Make New Friends When You Relocate - Finding new friends in a new location you just relocated to can be a real difficulty for many people unless one knows and has mastered the creative arts of finding new like-minded friends and form friendships that can last for life. It involves gathering your social energies and trying a little to connect and establish yourself in the new location. Below are some of the practical ways to bond with people in a new area.   Volunt...

When many people purchase their first home, it is not uncommon for them to purchase what is considered a starter home. This is a term used to describe a smaller home that is less expensive than the average home on the market. Some people do stay in these “starter homes” for their entire life, some buyers purchase a starter home with the intent to build wealth and equity to be able to purchase their next larger home that they can grow a family more comfortably in or see themselves living ...

A home buyer’s experience should be seamless and stress-free. However, to have a smooth home buying experience, you must work side by side with a good loan officer. A loan officer, also known as a licensed loan originator or registered loan originator these days, is an individual whose main responsibility is to provide services such as gathering personal information from loan applicants and working with the receiving end underwriting department. In this article, we are going to explore practic...