Month: April 20, 2012

Florida Mortgage Loans Broken Down.

Purchasing a new home ranks as one of the most nerve wrecking undertakings. It also one of the most satisfying and accomplished purchases people make in their lives. Since the majority of us do not have the kind of capital needed to buy the home of our dreams, we rely on the ability to acquire a home loan that gets us in the home we always desired. Florida’s real estate market always finds a way to boom after it lulls because the state as a whole is an attractive place to live in general. It is for this reason as well as others that loan companies are able to offer loans with reduced interest rates and a variety of different loan structures that can help make the acquisition of a…

Loans Coral Springs FL: Home Sales in Florida are More Solid Then You May Think.

The home sales market is strong contrary to popular belief. According to the National Association of Realtors, and the real estate trade groups, thirty two percent of home sales were made by first time home buyers. Additionally thirty three percent of home sales were made with cash or no mortgage, and thirty percent of home sales were on foreclosed homes or short sale homes. If this wasn’t intriguing enough, it is reported that over four and a half million homes were sold in February on an annualized seasonally adjusted basis. This report signifies a nine percent rise compared to the prior year.     With only a little under two and a half million homes for sale in the nation, which in itself is a nineteen percent drop from last…

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