April property sales totaled 1,224 which is the one sale higher than the all time record of 1,223 sales in April 2004. The median price for single family homes hit $221,990. Pending sales for Sarasota for April are 1,713 which tells us that Sales for May and into a few months ahead are leading the… Read More Quick Market Report for Sarasota
If you are current on your mortgage but you owe more on your loan than your home is worth and you can’t refinance into a loan with a lower interest rate, then you may be eligible for the HARP program. Your loan must be backed by Freddie Mac or Fannie Mae and written before May… Read More Are you one of the 81,000 Florida homeowners missing out on mortgage savings?
According to the National Association of Realtors’ 2014 Home Buyer and Seller Generational Trends report, 88% of recent buyers financed their home purchase. The process of qualifying for a mortgage can be both time consuming and nerve-wracking. Lenders want to know everything about a potential borrower’s past and current finances to ensure that he or… Read More 5 Tips on How To Reduce Your Debt Before Applying for a Mortgage
March 2015 sales in Sarasota county reached record levels. The number of closed property transactions increased in Sarasota County in March 2015 by 14.3 percent from last March (to 1,201 from 1,050) and 43.5 percent over last month, when 837 closings were reported. In March 2015, closed sales in Sarasota County totaled 789 single family… Read More Sarasota Real Estate Market News for March 2015
Selling REOs to owner-occupants is easier under a federal directive that creates a 20-day window for households to buy Fannie Mae and Freddie Mac REOs before investors can buy them. What this means to a buyer/occupant is this: If you see a bank owned property that you are interested in buying to live in, get… Read More Buying REOs in Sarasota, Florida and Other Good To Know News
Sarasota Real Estate 