Zero-Down Loan Aims to Expand Mortgage Access

A new effort is underway to raise the low rate of homeownership among underserved groups of home buyers. The Neighborhood Assistance Corp. of America is hosting several events across the country, helping borrowers with low credit scores to apply for 15- or 30-year mortgages with cheaper interest rates. One such recent event in Miami drew … Continue reading Zero-Down Loan Aims to Expand Mortgage Access

High-end and Luxury Market Homes Move Up

According to the August Luxury Home Index by realtor.com®, prices for high-end and luxury homes are strengthening.  In fact, double-digit growth in 20 of the largest markets in the nation – including two in Florida – is a contrast from the nation’s housing market overall. “Although U.S. median listing prices show signs of slowing growth, luxury prices … Continue reading High-end and Luxury Market Homes Move Up

15 Questions To Ask When Choosing Your Mortgage Lender

  Shopping for a mortgage lender can be intimidating.  It’s not like this is something most of us do regularly, right?  It will pay to ask the following questions before you decide on a mortgage lender.  If the answers aren’t to your liking, or you still have questions, continue shopping until you find  mortgage lender … Continue reading 15 Questions To Ask When Choosing Your Mortgage Lender

Red Tide on Florida’s Gulf Coast Too Shall Pass

Florida’s Gulf Coast has been in the news in recent weeks and many residents and visitors have been expressing growing concern over the most recent outbreak of red tide.   At Michael Saunders & Company, we are committed to not only helping those we serve but dedicated to the overall health and wellbeing of our region. As such, … Continue reading Red Tide on Florida’s Gulf Coast Too Shall Pass

Canadians Could Extend Stays from Six to Eight Months

Bill would extend Canadian visitor stays U.S. Senators Bill Nelson and Marco Rubio introduced legislation that would allow retired Canadian citizens older than 50 to spend up to eight months a year vacationing in the U.S. – two months longer than they may stay now. In announcing the bill, the senators cite figures from the Canadian … Continue reading Canadians Could Extend Stays from Six to Eight Months

Think Twice Before Paying Off Your Mortgage

Recent Tax Law Changes Could Affect Your Decision If you’re thinking of paying off your mortgage, understanding recent changes in the tax law, specifically the changes to the “standard deduction,” can be a key deciding factor. Many of us dream of the day we’re entirely debt-free and paying off the mortgage can be at the … Continue reading Think Twice Before Paying Off Your Mortgage

Top Ten Dream Home Features

If you had to create a list of the your top ten most desired features in your next dream home, what would they be? Recently, Homes.com began conducting an interactive poll that allows you to create your dream home online. Moving from one room to another in your fictional dream home, you are given a … Continue reading Top Ten Dream Home Features

International Home Buyers Eyeing Punta Gorda

International property investors and home buyers continue their quest to purchase Punta Gorda and South Florida real estate. Fortunately, Punta Gorda homes and properties are on their radar. The highly anticipated super-development, the Sunseeker Resort, just across Charlotte Harbor and the Peace River from Punta Gorda, will undoubtedly draw international buyers’ interest in our area real estate market. They will target … Continue reading International Home Buyers Eyeing Punta Gorda

Hurricane Season and Tax-free Holiday Kick Off – Let’s Go Shopping!

Beginning Friday, June 1, retailers will be able to sell items without charging state or local taxes, which should drop prices considerably for items people need for the six-month hurricane season, which also starts today. The tax-free “holiday” is three days longer this year, from June 1-7. One reason for the longer tax holiday is the … Continue reading Hurricane Season and Tax-free Holiday Kick Off – Let’s Go Shopping!

What the Price of Gas Has to Do With Selling Your Home

Buyers facing higher interest rates are becoming more cautious as 30-year mortgage interest rates hit 4.686 percent, a seven-year high. Couple that with rising gas prices – at a four-year high – and some buyers could become spooked. This year’s higher interest rates have not yet caused much of a ripple in our strong market. … Continue reading What the Price of Gas Has to Do With Selling Your Home