US Treasury Removes Limits on Public Money for Freddie Mac and Fannie Mae There is little doubt that the Daytona Beach homes market has been boosted by US government actions. The home buyers tax credit, FHA, Freddie Mac and Fannie Mae backing … [Read more...]
Beware – Daytona Beach Homes Rental Scam
January 5, 2010 by Leave a Comment
Nigerian Rental Scam in Daytona Beach Recently, I had a customer who was trying to rent a home in Daytona Beach or Ormond Beach, prior to making a purchase. He found a listing on Craig’s List – WOW! In one of our premiere, gated neighborhoods a 4 … [Read more...]
FHA Loans for Short Sales – Does The New Policy Affect You?
December 30, 2009 by Leave a Comment
HUD Tightens Rules on FHA Short Sale Loans A homeowner short sales their home because the home value is less than the mortgage owed. Then, they spot a great deal on a short sale home in the same neighborhood. Now if they can get FHA financing with … [Read more...]
Mortgage Rates Climb .25% in Past Week – What to Do
December 29, 2009 by Leave a Comment
Mortgage Rates Jump to 5.37% Yes, mortgage rates are up. Rates have jumped from 4.93% at the beginning of the month to 5.37% today. The question is will they go up further, or stop and reverse like they did over the summer when rates approached … [Read more...]
Photo Friday – Halifax River Sunrise Ormond Beach Florida
December 27, 2009 by Leave a Comment
Sunrise over the Halifax River River, ocean, canopy roads, bright sunshine and warm weather attracted us the Daytona Beach area in 1995. We stay for the lifestyle and the weather. On Christmas Eve morning, another beautiful sunrise greeted … [Read more...]
