Broker or Bank? Apparently over 65% of us use a mortgage broker over a bank to secure funds for our property purchases. Apart from the choice and the better customer experience what does a broker offer? A brokers job is to set you up with the right finance for you. The banks job is to [...]
Useful Tips for Home Buying
Useful Tips for Homebuying If you are borrowing the money from a lender, avoid PMI at all costs. Private Mortgage Insurance is required if you have less than 20% deposit to put down. It protects the lender against foreclosure action and the premium is added to your monthly total. Not all lenders require this insurance [...]
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Buying a Newly Built Home
Buying a Newly Built Home Some people think newer builds lack the character of the older style properties. While this may be true buying a new house is still a good idea for the prospective purchaser. A brand new house is going to have very few of the maintenance headaches of an older home. For [...]
Home Types
Home Types There are many different types and floorplans for homes in the US. Here is a little guide to each of the most popular ones. Single Family Homes are generally homes that a single family can live in, hence the name. The styles and floorplans are as varied as your imagination can dream of. [...]
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What to Expect for Your Money in Naples
What to Expect for Your Money in Naples As with anywhere, Naples has a variety of homes for all sorts of budgets. Here is a rough guide to what to expect to be able to afford in each price bracket. Between $100k-$200k is the lowest price bracket you can reasonable expect to afford to buy [...]
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Half a Mill.
Half a Mill. Half a million dollars is a lot of money by anybody’s standards. When it comes to property it can mean the difference between a nice house and a spectacular house. Take a look at these two gems on the market now for around $500k. Your browser may not support display of this [...]
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What can I get for my $300,000 nowadays?
What can I get for my $300,000 nowadays? $300k never used to go too far in Naples or in Florida in general. Due to how things are at the moment, there are quite a lot of properties around this price point. Price: $300,000 Bedrooms: 3+Den Bathrooms: 2 (full) 1 (half) Community: LAUREL LAKES Living Area: [...]
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Short Selling
Short Selling A short sale is when you are selling a property whose end value isn’t going to pay off the money that is owed on it. That money could be the loan, taxes, or any other fees. As a seller you either have to agree with your lender to either forego the outstanding balance [...]
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What can I get for $200,000?
What can I get for $200,000? There was a time not so long ago that you couldn’t get anything for this kind of money in Naples. Times have changed, and things are different now. Although there isn’t a great deal around for this budget, you can still get your foot in the door for under [...]
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Foreclosures
Foreclosures It is a dirty word for some, and has a more emotive meaning for too many people here. There are unfortunately plenty of foreclosed properties on the market in Naples, mainly in workforce communities like Golden Gate City, but a few luxury homes come up occasionally. These sell fast, so you have to act [...]
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