Archive for the 'Financing Your Home' Category
Mortgage Rates Drop!
December 17th, 2008 Categories: Financing Your Home
Mortgage rates have dropped nearly 1.0% since 10/08.
National average 5.53% compared to Florida’s average of 5.43%.
Don’t chance the market and lock in today!
Contact our TEAM and we will tell you about other great deals, especially for first time homebuyers!
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Port Orange Appraised Value vs. Port Orange Market Value | Port Orange Real Estate Discussion
April 25th, 2008 Categories: 1st Time Port Orange Home Buyers, Financing Your Home, Port Orange Real Estate
It seems like Port Orange appraisers, Port Orange investors, Port Orange sellers, Port Orange loan officers, and Port Orange Realtors are all on different pages when it comes to determining a home’s value.
Here are a few challenges in this area:
1. Port Orange sellers think that their home is worth $200,000 more than the model match next door because they have fresh paint, a new sink, and their carpets were recently cleaned.
2. Some Port Orange Loan officers don’t know where to start or how to educate their refi clients and investors on what actually gives a home value.
3. Some Port Orange listing agents need to educate their clients to show them the difference between appraised and marketing value.
4. Some new Port Orange investors have heard that fresh paint and an extra bathroom will give them a huge return on a “Flip”.
Any ideas for discussion about Port Orange Appraised value vs. Port Orange Market Value?
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