Category Archives: Financing

Orlando Housing Market Report May 2015

Posted on May 10, 2015 by Kelly M. Foster

April 2015 Housing Market Released May 15, 2015 View statistical reports and video Median Price *The median price of all existing homes combined sold in April 2015 — $175,000 — is a 7.69 percent increase from the $162,500 median price recorded in … Continue reading →

Posted in Central Florida, Financing, Home Buying, Home Ownership, HUD, Orlando, Properties for Sale, Real Estate, Real Estate Investing, Real Estate Market Update | Tagged , , , , | Leave a comment

10 Ways to Prepare for Home Ownership

Posted on May 6, 2014 by Kelly M. Foster

1. First you will need to determine what you can afford. The general rule of thumb is you should be able to afford a home that is equal in value anywhere from 2-3x your gross yearly income. 2. Next, determine … Continue reading →

Posted in Central Florida, Financing, Home Ownership, Mortgages, Properties for Sale, Real Estate | Tagged , , , , , , , | Leave a comment

How to Improve Your (FICO) Credit Score to Help You Buy a House and Get the Best Rate

Posted on September 6, 2013 by Kelly M. Foster

The first, and most important, thing lenders will look at is your credit score. Your credit score will determine whether or not you will be eligible for a mortgage and will also impact the interest rate on your new home … Continue reading →

Posted in Central Florida, Financing, FL, Home Buying, Home Ownership, Properties for Sale, Real Estate, Rent vs. Own | Tagged , , , , , , , , , , , | Leave a comment

Did you know that Teachers & First Responders can buy a home for fifty percent off the list price?

Posted on July 31, 2013 by Kelly M. Foster

Yep, you read that right – and right now there are quite a few homes available in Central Florida / Orlando. The Good Neighbor Next Door program – or GNND – offered by the U.S. Department of Housing and Urban Development (HUD) … Continue reading →

Posted in Central Florida, Financing, Home Ownership, HUD, Mortgages, Orlando, Properties for Sale, Real Estate | Tagged , , , , , , , , , , | 1 Comment

VA Loans: Advantages, Eligibility and Requirements

Posted on July 17, 2013 by Kelly M. Foster

69 years ago, the United States government created a military loan guaranty program to help returning service members purchase homes. The result was what is known today as the VA Loan. The VA loan is a mortgage loan issued by … Continue reading →

Posted in Central Florida, Financing, Home Buying, Home Ownership, Kissimmee, Lake Nona, Mortgages, Real Estate, Saint Cloud | Tagged , , , , , , , , , | Leave a comment