Why a Condo Could Be Your Perfect First Home

Written by Miami Beach Mortgage Syndicated User on October 15, 2024. Posted in For Buyers, Miami Beach Mortgage, Mortgage Miami Beach.

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner.Since they’re usually smaller than single-family homes, they can be easier on your wallet. While it’s not always the case, smaller square footage usually comes with a smaller price tag too. As a result, according to the latest data from Realtor.com, condos typically...

Florida Mortgage | Reasons To Move in Today’s Shifting Market

Written by Miami Beach Mortgage Syndicated User on October 15, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Reasons To Move in Today’s Shifting Market | You have 3 key opportunities if you’re looking to move this fall. Inventory is growing, homebuilders are motivated to sell, and mortgage rates have come down from their recent peak. Let’s connect if you want more information. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

EXCLUSIVE: The Ritz Carlton Residences South Beach Is Converting To Contracts

Written by Miami Beach Mortgage Syndicated User on October 14, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, Renderings, Ritz Carlton Residences South Beach, Sagamore, South Beach Luxury Condos.

I am very excited to announce today that the new historic redevelopment of the Sagamore Hotel and the Ritz Carlton South Beach Hotel, now dubbed the Ritz Carlton Residences South Beach at 1671 Collins is converting its reservations into formal contracts. This is an instrumental part of the development process, indicating that sufficient sales and permits are in place to sustain the development to closings. About The Ritz Carlton Residences South Beach Being known as the original South Beach “Art Hotel,” the Sagamore Hotel at 1671 Collins Avenue was a spearhead to the Art Deco movement in Miami...

1428 Brickell Receives Site Work Permit To Begin Construction

Written by Miami Beach Mortgage Syndicated User on October 14, 2024. Posted in 1428 Brickell, Brickell Pre-Construction Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, YTech.

Just a few short months since the VERY fun demolition celebration at 1428 Brickell, the previous building has been cleared away and the path is now clear to begin construction on Miami’s first solar-powered skyscraper. The City of Miami has issued the site work permit to YTech so they can get started on their construction, according to The Next Miami. The permit calls for nearly $2 million of work to take place, preparing the site for the foundation of 1428 Brickell’s foundation. This will be a large undertaking as the tower is slated to rise 70 stories into the skyline and bring 189 new...

Florida Mortgage | Home Inspections for Sellers: How To Prepare

Written by Miami Beach Mortgage Syndicated User on October 13, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Home Inspections for Sellers: How To Prepare | Wondering how to get your house ready for the inspection? You may want to do some select repairs before listing to get ahead. To decide what’s worth tackling, you need expert advice. Let’s chat so you know what to prioritize. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Buying Beats Renting in These Top Cities

Written by Miami Beach Mortgage Syndicated User on October 12, 2024. Posted in For Buyers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, Rent vs. Buy.

Some HighlightsBased on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in your area, connect with a local agent.

How Much Does It Cost To Sell My House?

Written by Miami Beach Mortgage Syndicated User on October 11, 2024. Posted in Agent Value, For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Selling Tips.

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more.So, to give you a ballpark of what to expect, here’s some information on a few of the expenses you’ll want to be ready for (see graph below):But here’s something that puts those costs into perspective. Most homeowners today have a substantial amount of equity built up in their homes, and that means they stand to make significant...

Florida Mortgage | Buy Now, or Wait?

Written by Miami Beach Mortgage Syndicated User on October 11, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Buy Now, or Wait? | You may be tempted to wait until mortgage rates come down even more. But here’s what you need to know. If you wait, you’ll have to compete with all those other people when you go to buy your next home. You have a chance to get ahead of the other buyers right now. Let’s connect and make it happen. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Two Reasons Why the Housing Market Won’t Crash

Written by Miami Beach Mortgage Syndicated User on October 10, 2024. Posted in Economy, Inventory, Miami Beach Mortgage, Mortgage Miami Beach.

You may have heard chatter recently about the economy and talk about a possible recession. It’s no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now.Real estate journalist Michele Lerner says:“A housing market crash happens when home values plummet due to a lack of demand for homes or an oversupply.”With that definition in mind, here are two reasons why this just isn’t on the horizon.1. Demand for Homes Is Higher than SupplyOne...

Why Now’s Not the Time To Take Your House Off the Market

Written by Miami Beach Mortgage Syndicated User on October 9, 2024. Posted in For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Selling Tips.

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move.Other Sellers Are Pulling Back. Should You Hold Off Too?According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual...

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