Month: January 2011

Home Loans from Quicken Loans, Top Mortgage Lender in J.D. Power 2010 Survey

Check out the different types of home loans available from Quicken Loans, chosen by 4,516 homeowners as the best mortgage lender in 2010. These customers ranked Quicken the highest for its most satisfactory performance in mortgage evaluation, approval and closing and the performance of its loan officers and customer contact officers. The mortgage lenders that topped J.D. Power’s survey in…

Read More »

Consider Homeowners Insurance Offered by Insurers Topping Customer Surveys

It makes a lot of sense if you check out homeowners insurance policies rated the best by about 13,000 home insurance policyholders surveyed by global research firm J.D. Power and Associates. If a certain policy worked for thousands of customers, then it could work for you too. To make your decision-making even better, you can also check out other customer…

Read More »

VA Home Loan and Grant Program for Veterans with Special Housing Needs

You can combine a VA home loan with a grant under the Specially Adapted Housing program if you’re a veteran or military personnel with special housing needs because of permanent disabilities acquired while in service. The Specially Adapted Housing Grant program was first launched in 1948, enhanced in 2006 and then expanded in 2008 through the Economic and Housing Recovery…

Read More »

Down Payment Assistance for Home Buyers in Florida and Other States

If you need some help with your down payment for a home, check if your state, county or city has an assistance program for down payments. Florida, California, North Carolina and West Virginia are among the states offering home buying assistance to home buyers, particularly first time home buyers. In some states that don’t have down payment assistance, check if…

Read More »

Home Builders Hope to Build More Homes in 2011

A large number of home builders stopped building when the housing sector collapsed from the weight of foreclosures. Some of them survived by doing renovation or repair work or by accepting subcontracting assignments. Last year, some home builders finally emerged from their hibernation and started buying home lots for future development, and this year, more of them are hopeful they…

Read More »

Three Kinds of Notices Sent by Mortgage Lenders to Home Loan Applicants

Under new rules, there are now three main kinds of disclosure notices mortgage lenders send to home loan applicants. These are the: Credit Score Disclosure Notice Risk-Based Pricing Notice Adverse Action Notice The first two notices are new requirements under a new credit reporting law that became effective last January 1, 2011 while the third notice has been part of…

Read More »

Tampa Real Estate: Tenth Most Searched by Prospective Buyers in 2010

A large proportion of prospective home buyers searched for Tampa real estate in 2010, according to Move Inc., a real estate company that runs Realtor.com. The finding was based on online searches by prospective home buyers on Realtor.com from January to December 2010. The higher number of online searches for Tampa homes and other real estate properties compared to properties…

Read More »

USDA Home Loan Program – Take Advantage If You Qualify

As banks tighten their lending policies, check if you qualify for a USDA home loan. If you’re qualified and if the home you’re planning to purchase is located in a USDA-qualified area, then this home loan program is among the most affordable and the best home financing that you can find. You may be thinking that USDA home loans are…

Read More »

Tax Incentives for Businesses Locating or Expanding in Tampa

Businesspeople launching new firms or expanding enterprises in Tampa or in other cities of Hillsborough County can obtain tax incentives this year. Last year, voters approved an economic development proposal authorizing county commissioners to offer tax breaks to businesses that can create jobs for unemployed residents. Commissioners approved initial plans that would provide a 50-percent reduction in real estate taxes…

Read More »

Price-Rent Ratio in Tampa Affirms Buying a Home Over Renting

The decision of buying a home in Tampa rather than renting makes financial sense, based on  a study held by Zillow. Tampa scored relatively low in both the home price-rent comparisons made by Zillow. The lower the price-rent ratio, the more the option of buying a home is better than renting. In the first price-rent comparison, which compared purchase prices…

Read More »

Florida Bank-Owned Homes Still Abound for Investors Despite Long Delays in Foreclosures

Despite long foreclosure delays and sharp foreclosure declines, Florida still has a lot of bank-owned homes for investors and homebuyers looking for great deals. According to a report from LPS Applied Analytics, Florida was the fifth slowest state to foreclose on defaulting homeowners in November. Despite this, the state still posted the highest number of real estate owned homes among…

Read More »

Welcoming 2011 with Great Hopes for the Real Estate Market

The first moments of 2011. The fireworks are lighting up the sky. The firecrackers are blasting the air, and people are cheering, shouting. Cars are blowing their horns. Neighbors are shouting greetings. The year 2011 will again be challenging for the real estate market, according to analysts. Yes, indeed. But we’re marching with great hopes amidst the challenges. We already…

Read More »