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 [...]

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 [...]

Foreign Buyers Buying a property in Naples could be a good investment for the foreign buyer.  As the dollar value has decreased compared to other currencies, it may be a good time to invest compared to a couple of years ago.  Not only is the dollar down, but so are the property prices. Foreign buyers, [...]