Net Worth: Homeowners vs. Renters
“. . . between 2016 and 2019, housing wealth was the single biggest contributor to the increase in net worth across all income groups . . . ....
Posted by Virion Ladines on September 1, 2021
Today's Mortgage Rates: An Advantage to Home Buyers
“As the economy works to get back to its pre-pandemic self, and the fight against COVID-19 variants unfolds, owners and buyers continue to ...
Posted by Virion Ladines on August 25, 2021
The dynamics of home equity
For many people, their home is their largest asset and their best performing investment. The equity in a home is the difference in what it ...
Posted by Renee Thompson on July 25, 2021
Stepped-up basis is an incredible benefit to people who inherit property. Not only do they receive the property itself, the basis or cost ...
Posted by Renee Thompson on July 11, 2021
Are you covered?
A home warranty is a service contract that protects your home's appliances and some systems from repairs or possible replacements. A ...
Posted by Renee Thompson on June 29, 2021
Zero Monthly Insurance Premium For First Responders and Teachers
The new bill proposed for the first responders and teachers introduced by .S. Representatives John Rutherford (R-Fla.), Al Lawson (D-Fla.), John ...
Posted by Virion Ladines on June 4, 2021
Is a home inventory necessary?
Most homeowners have insurance on their home that additionally, gives them coverage on their personal property. That is the first ...
Posted by Renee Thompson on May 30, 2021
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
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
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
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
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
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
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
Moving 'Down' in an 'Up' market
Selling a home and buying a lower priced home that meets your current needs can be to your advantage in an "Up" market like the current one with low ...
Posted by Renee Thompson on November 9, 2020
Home Owner's Insurance
Great information I just received from our Insurance Partner at Brightway Insurance,
Reinsurance – Insurance carriers must carry ...
Posted by Renee Thompson on August 26, 2020
Paying your house down?
Paying off your mortgage can provide peace of mind and is a worthy goal but is it the best thing for you to do at this time.
Do you have higher ...
Posted by Renee Thompson on June 29, 2020