Buying a Fixer-Upper: What You Need To Know
Four Things to Consider Before Buying a Fixer-Upper Home You’re likely aware of how expensive the home-buying process is. However, if you’re willing to put in the work, purchasing a fixer-upper home can allow you to get a home below market price. Before you pull the trigger and commit to a fixer-upper home, make sure […]
Navigating the Florida Real Estate Market
Buying your first home is an exciting milestone in life, and if you’re considering settling down in the sunny state of Florida, you’re in for a treat! From beautiful beaches to vibrant cities and a diverse range of neighborhoods, Florida offers a unique blend of opportunities for first-time homebuyers. However, embarking on this journey may […]
Spring Maintenance Checklist for Florida Homeowners
With the days growing longer, Florida residents can enjoy the perfect weather to tackle maintenance and home improvement tasks before the heat of summer arrives. From checking your home’s exterior for signs of damage to ensuring that your appliances are running efficiently, there’s no better time than spring to get your home in top shape. To […]
Your Checklist for an Easy Career-Related Relocation
Moving for a job is never easy, but it doesn’t have to be filled with stress and anxiety, either. Taking a few steps to get organized and utilizing the right tools can go a long way toward making the process easier. The key is to start as early as possible to help relieve some of […]
Florida Homestead Exemption – What You Need To Know
Florida residents who own and live in their house as their primary residence are eligible for exemptions that can reduce their property taxes. In order to be eligible for a Florida homestead exemption, you must: Contact your county’s property appraiser if you match the requirements and want to submit an application for a homestead exemption. […]
Tips For Repairing Your Credit Report
Most of the major purchases we make throughout our life will be affected by our credit scores, which will determine the prices we pay. Saving money on your mortgage loan and contributing to a comfortable retirement may be as easy as managing your credit wisely. Three Tips for Repairing Your Credit Report 1. Designate your preference […]
FHA 203(h) Disaster Relief Loan
Through section 203(h), the Federal Government helps victims in Presidentially designated disaster areas recover by making it easier for them to get mortgages and become homeowners or re-establish themselves as homeowners. This program provides mortgage insurance to protect lenders against the risk of default on mortgages to qualified disaster victims. Individuals are eligible for this […]
How To Cancel Mortgage Insurance
While U.S. home values have steadied in 2022, increases in recent years could possibly turn into a money-saving opportunity. If you have enough equity in your primary home and made your mortgage payments on time, you may be able to cancel your mortgage insurance allowing you to eliminate thousands of dollars per year in unnecessary […]
How does a 2-1 Rate Buydown work?
During the past couple of years, the housing market has been red hot and buyers often had to pay well above the asking price to have their offer accepted. Additionally, the transaction was all on the seller’s terms. And while the housing market is still strong today, it has cooled off, giving buyers the opportunity […]
Tips To Keep Your Mortgage Loan On Track
As your lender, Ideal Lending is required to provide updates on all critical financial documentation that is over 30 days old prior to your closing. So whether you’re buying a home or refinancing your current mortgage, please keep the following documents on hand as your loan is being processed. Updated documents to keep on hand: […]
