Brilliant Florida January Sunset in Ormond By The Sea Colors and light change in a brilliant dance as the sun sets on the western sky on a cool January evening. Ormond by the Sea Florida is just north of Ormond Beach up A1A. It is a quiet community … [Read more...]
FHA Changes “Flipping” Rules to Help Investors and Market
FHA Waives 90 Day Rule for Investors Who Renovate and Sell Properties purchased for renovation or repair by investors for resale were not eligible for FHA loans until 90 days after the purchase. As of February 1, that's changing. The FHA is waiving … [Read more...]
Get Your FHA Loan Now – Waiting Will Cost You Big Money
Borrowers to Pay More for FHA Loans With rule changes that will be coming in the summer, an FHA loan could cost you 10% more to close. That $20,000 on a $200,000 loan. 3.5% Down Payments and seller concessions of up to 6% will soon be a thing of the … [Read more...]
Sales of Daytona Beach Condos Up 69.6% in 2009
2009 Sales of Daytona Beach Condos Improve 69.6% Sales of Daytona Beach Condos increased significantly in 2009, both in sheer volume and as a percentage of all Daytona Beach real estate sales. 394 more condos were sold in 2009 than in 2008. 958 … [Read more...]
Kiss the Cold Goodbye – Daytona Beach Summer Photo
Photo Friday - Daytona Beach in the Summer Ah, the summer and the heat and the beach and brilliant sunshine. Just memories during the past two weeks when we've seen cold Florida. In Daytona Beach we were seeing lows around 27° for about a week. To … [Read more...]