Housing Market No Longer Your Enemy

The Consumer Financial Protection Bureau is attempting to throw another prophylactic over the al­ready shrink-wrapped big-swinging mortgage industry (yes, that was a dick joke).  New regulations will provide stricter rules...

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The Confusion Continues: New FHA Rules

Sometimes it's just easiest to remember that (with one or two exceptions) there are no loans on condos right now....

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Fannie Mae Tightens The Noose (Again)

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Can’t Get A Condo Loan? Try one of These

The last few months we've been explaining how impossible it is to get a condo loan these days - particularly on bank owned Orlando condos, regardless of credit score, money down - or job....

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Foreclosures are for cash buyers!

I hate to beat a dead horse, but... each day we get folk calling in on Orlando condo conversions - foreclosed - that cost under $50K - and they want to finance them. When we tell them it will be very difficult, we get the "Oh...

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Orlando First Time Buying Spree

With mortgages so hard to come by, investors who can't pay "all-cash" are having a hard time scooping up some of today's "fire sale" deals - which can be incredibly frustrating. It's like being (a diabetic) kid in a candy store....

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Orlando Real Estate: Multiple Offers Are Back!

Multiple Offers are soooo 2006... Well if you think so, take a deep breath because while it might seem ludicrous to make an offer on an Orlando condo - or any other home, if it means competing with another buyer, things have...

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Welcome to 2009

The new year is upon us.  2009.  Wow.  This time last year gasoline was over $4.00 a gallon, all five of the major investment banks still existed, our country hadn't ‘bailed out' any major institutions, and Barack...

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Get your Orlando condo loan before Jan 15th!

What the left hand giveth, the right hand taketh away......

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Fannie Mae Moves to Help Condo Sales

HUGE news for would-be condo investors: Fannie Mae has finally changed the rule that has been strangling condo sales. From now on, when new investors apply for financing on a condo unit, no longer will vacant and foreclosed...

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Orlando Foreclosures – The Deals Are Out There

"Ok, well keep me posted if you see any good deals."...

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A Question of Lending

Over the last few days, lenders have received many questions in regards to the availability of mortgage funds in the credit markets. Now that the Federal Government controls Fannie Mae and Freddie Mac in addition to FHA and VA,...

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