Tag: #fortlauderdalecondotelrates
Summer’s winding down, and if you’ve been thinking about selling, you might be wondering if you missed your chance. Better to wait until next year or even next spring, right?Not so fast. About one in three of all home sales happen in the last four months of the year.Fall Is Busier than You ThinkData from the National Association of Realtors (NAR) shows around a third of existing home sales happen in the final four months of the year. And that share has grown every year since 2023 (see graph below):Here’s What That Means for YouAccording to forecasts from Fannie Mae, the...
Data Centers Are Moving Closer to Homes. What Does That Mean for You?
Data centers probably weren’t on your list of things to think about when buying or selling a home.School districts? Sure. How close you are to family? Absolutely. A large building full of computer servers down the road? Probably not.But that may be changing.Data centers are popping up in more communities across the country. And as they do, buyers and homeowners are starting to wonder what having one nearby could mean for everything from home values to utility bills. So, let’s get into what the data actually says. Because there’s a lot more nuance here than if they’re...
The Housing Market Split in 2. Which Side Is Your House On?
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point.Knowing which track your house is on changes everything about your sale, from your asking price to how long you can expect to wait before an offer comes in. Here’s what you need to know.Home Sales Are Picking Up Speed at the Top of the MarketRates and buyer competition are shaping this market differently depending on price point. Look at recent sales data from the National Association of Realtors...
Florida’s Emerald Coast Condotels
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Investors secured a 75% LTV condotel loan in Destin.
Avoid HOA restrictions and maximize your rental income.
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Florida waterfronts and skyline
?? Florida’s iconic waterfronts meet smart investing with DSCR mortgages.
Start your home purchase qualifier with no personal info and discover how DSCR loans focus on property income, not personal income. Whether you’re eyeing a condotel or a traditional investment property, DSCR programs simplify qualification with no lease requirements and support loans up to $5 million.
You can finance multiple properties, including non-warrantable condos, while enjoying predictable terms and a clear path to grow your real estate portfolio.
Boost your investment game with a program...
Non-Warrantable Condotes
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Thinking About Waiting for Lower Mortgage Rates? Read This First.
Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating.But it’s a real possibility.A lot of people are putting their plans on hold because they believe much lower mortgage rates are right around the corner. But, based on today’s forecasts, that may not happen. And you should know that before you decide what to do.Let’s look at why experts don’t expect a dramatic drop in rates – and the options that could help you buy anyway. Because even if rates don’t fall, you can still move. Here’s how.1. Mortgage...
Big Investors Are Backing Off and That’s Your Opening
For years, a lot of would-be homebuyers have worried about the same thing. How do you compete with big investors who can swoop in, pay cash, and snap up the houses you want?Well, worry a little less. Because right now, those big investors aren’t buying up the market. They’re backing out of it.Investors Are Buying Fewer Homes Than They Have in YearsAccording to Redfin, investor home purchases just fell to their lowest level since 2020 – when the start of the pandemic temporarily caused pretty much all homebuying to pull way back. Before that, you’d have to go all the way...
Here’s Where To Start if You’re Selling and Buying at the Same Time
If you’re a homeowner getting ready to move, one question usually comes first: should you buy your next home before you sell, or sell your current house before you start looking?There’s no single right answer. The best call depends on your finances, your local market, and your timeline. And a trusted agent can help you weigh all of it.But in a lot of cases these days, selling first puts you in the stronger spot.The Advantages of Selling FirstSelling is usually the trickier half of a move today, so getting it done first clears your biggest hurdle. And that’s especially true right...
See Today’s Mortgage Rates
Considering a new investment property in Florida but worried about timing? Bridge loans might be the solution you need. They provide short-term financing, letting you act quickly without waiting to sell your current property first. This means you can close deals faster and make seamless transitions between properties.
A bridge loan gives you flexibility and speeds up your ability to seize opportunities in Florida’s competitive market. It’s a tool that keeps your investment moving forward without delays.
If you’re looking to invest smartly and efficiently, understanding...