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Is A VA Mortgage for You?

Will a VA Mortgage Work for You? VA mortgages are partially guaranteed by the Veterans Administration, require low down payments, require no mortgage insurance and have negotiable mortgage rates. I'm a veteran having served with the Air Force as a … [Read more...]

New FHA Loan Condos Rules

New Rules for FHA Condo Loans The FHA has published some new rules for condo loans. These rules are more stringent and are designed to protect the agency from defaults and fraud. The New Rules 30% of the units must have already been sold A big … [Read more...]

Government to Provide Incentives for Short Sales

US Government To Provide Short Sales Incentives I have completed a lot of short sales of Daytona Beach homes and condos over the past two years. I expect more sellers will be taking advantage of short sales with the latest government plan to provide … [Read more...]

Get Money for Home Repairs in Your Mortgage with FHA 203k Loan

FHA 203k Loan Lets You Put Home Repair and Remodeling Money in Your FHA Loan What if you could buy a home with 3.5% down and include the necessary repairs and remodeling in the mortgage - even if your credit is not the best? One of the problems … [Read more...]

Daytona Beach Homes – Prices Drop Only 1.55% Over Six Months

Daytona Beach Homes Prices Drop 1.55% in the Past Six Months. Median prices of Daytona Beach Homes have fallen this year, but most of the drop was in the first quarter. The drop in the second and third quarters was less than 1.6%. Yes, that's right, … [Read more...]