Tuesday, October 25, 2011
A provision to an existing foreign visa bill already being considered in the U.S. Senate was proposed last week to boost real estate sales in the U.S.
A new provision to an immigration bill already being considered by the U.S. Senate was proposed last week by Senators, Chuck Schumer of New York, and Mike Lee, of Utah that would grant residence visas to foreign buyers spending a minimum of $500,000 to buy residential property in the U.S. The 'Resident Visa' provision to the immigration bill was written with the purpose of boosting and energizing the slow U.S. Housing market by encouraging foreigners to purchase U.S. real estate. If accepted, this provision would compliment other foreign visa actions proposed in the bill that would encourage more spending and capital investment by foreigners in the United States. Supporters of this proposed 'Resident Visa' provision believe this action …
Tuesday, October 4, 2011
It's condo season again in Florida. If a condo purchase is going to be part of your future keep reading for some great tips.
We are entering that season again when condominium home buying is beginning to heat up here in Florida. Whether you're considering the purchase of a condo for a permanent residence, part time/vacation home, or for a real estate investment, there are some important things to consider when making comparisons and before making that final decision. Here are just a few: Community amenities are important for enhancement and enjoyment of your chosen lifestyle. When purchasing your condo be sure to compare what different communities are offering in the way of amenities like: golf courses, clubhouse, country club / restaurants, pool / spa, tennis. Community amenities will go a long way in enhancing your family's satisfaction and long term happiness…
Tuesday, September 6, 2011
Don't neglect to match the perfect home with the perfect neighborhood. Lifestyle should be a top consideration.
Buying a home is about more than the structure that you live in. It's about neighbors, a school district, nearby amenities and your lifestyle. Here are some tips to help you choose wisely: Make a list of lifestyle/neighborhood priorities: This will require a family conference to establish a list of not only the desired home features, but also to identify what types of amenities your chosen neighborhood will need in order to satisfy your family's lifestyle profile. Are you avid golfers or do you prefer beach activities? Would you feel most comfortable in a gated community or does that type of community feel too restricted to suit your free spirited lifestyle? Do you own a motor-home, motorcycle, truck or other type of vehicle that might …
Tuesday, July 26, 2011
As of July 1 all Florida Home Inspectors must be licensed. Read on to find out what a home inspector's duties are to the consumer.
Tuesday, July 26, 2011
Guest blogger and Bradenton /Sarasota Home Inspector, Claude McGavic, of Home Check Home Inspection Services, wrote the following real estate blog post: As of July 1, 2011, per House Bill 713, all Florida Home Inspectors must be licensed. Licensure is monitored and regulated by The Department of Business and Professional Regulation. Key provisions of the law include: To verify a license, go to: www.myfloridalicense.com Click on: ‘LICENSE SEARCH’ and follow the prompts. WHO MIGHT BENEFIT FROM A HOME INSPECTION? If you’re a first time home buyer, or if you haven’t been present for a home inspection in a while, you may want to use this VIRTUAL HOME INSPECTION TOUR TOOL to familiarize yourself with the components of a home inspection. …
Tuesday, May 31, 2011
Home buyers are invited to get out June 4-5 and discover scores of home buying opportunities for our area.
Home buyers who may be thinking of upgrading or first-time home buyers who are hoping to take advantage of incredible opportunities out there right now will have the convenient option of touring homes throughout Manatee County on June 4-5 during "Nationwide Open House" weekend. Local real estate agents will be showcasing homes to bring home buyers and sellers together throughout the area. The public is invited to not only visit and tour homes for the areas and communities of interest to them, but to connect with a local real estate professional to ask questions about real estat-related issues and to learn more about home ownership. The condition of the housing market, with respect to how it relates to the local economy, is a hot topic of …
Tuesday, April 5, 2011
Mortgage insurance will affect your monthly mortgage payment. Be sure to understand how and why.
The two forms of mortgage insurance protection — private mortgage insurance (PMI) or Federal Housing Administration mortgage insurance premiums (FHA, MIP) — are similar in idea, but there are some differences. The purpose for mortgage insurance is to provide protection for mortgage lenders and or investors against losses due to mortgage loan default. The FHA has a scheduled MIP increase effective April 18 that will affect all new FHA 15- and 30-year loans and will increase a new home buyer’s mortgage payment, according to the FHA's estimation, by roughly $30 a month. The minimum down payment still stands the same at 3.5 percent, along with the maximum seller contribution of 6 percent. Contact your real estate or mortgage professional for …