A showing is an opportunity for a buyer to determine if a home is right for them. Each of the different types of showing plays a valid and necessary role in marketing the home. Some buyers may start by looking at homes online, which can lead them to drive by the home to see if […]
How homeowners can avoid mortgage relief scams
Homeowners who are facing financial difficulty are often targeted by mortgage relief scams. These scams can be very convincing, and homeowners may be desperate for help, making them vulnerable to these schemes. Scammers often pose as government officials or mortgage experts, and they may promise homeowners that they can help them avoid foreclosure or modify […]
How to Buy and Sell a Home at the Same Time (Without Losing Your Mind)
Buying or selling a home is a big adventure; some thrill seekers may choose to take on both tasks at the same time. If you’re finding yourself in the position of needing to buy and sell at the same time, here are some tips to help you navigate the possibly challenging course ahead of you. […]
Discover the benefits of an FHA Assumption
With new mortgage rates approaching 8%, many buyers have decided to wait for rates to come down. While there may be some easing in the fourth quarter of 2023 and 2024, assuming an existing FHA mortgage with a lower rate made in the last three or four years might be a much better alternative. Since […]
November 2023 – SWFL Real Estate Market Update
November 2023 MARKET UPDATE BY: D. MICHAEL BURKE & HUNTER D. HABIB Months’ Supply of Inventory: 4.7 Months The real estate market is intricately tied to the delicate balance of supply and demand. Understanding these dynamics is crucial for both buyers and sellers. In Southwest Florida, the monthly supply of inventory in both Lee […]
Discover how to go from stress to success with your home move
Navigating a real estate transaction, which often involves substantial financial investments and emotional considerations, can understandably induce stress. To streamline this process, adopt these effective strategies that promote a smoother journey. Begin by clearly outlining your primary motivations for either buying or selling a property. By eliminating distractions and maintaining a focused perspective, you can […]
Verandah/Cottonwood Bend Housing Market Update
Southwest Florida’s Housing Market and the Upcoming “Season” By: D. Michael Burke & Hunter D. Habib As we step into the upcoming “season” here in Southwest Florida, it’s an opportune moment to delve into how this annual phenomenon influences both our local housing market as a whole and the specific landscape here in Verandah. The […]
The Net Worth Advantage: Homeowners vs. Renters
The decision to rent or own a home is not just about having a place to live; it also has significant implications for your financial future. One key aspect that often comes into play is net worth … the value of your assets minus your liabilities. Numerous studies and statistics highlight a compelling trend: homeowners […]
The Danger of Do-It-Yourself Divorce
Ken & Barbie have been married 20 years and have owned their current home for over 10 years. Without the benefit of legal or tax advice, they decide to divorce with Ken taking his retirement and Barbie taking the equity in the home which are equal in value. It appears to be equitable until a […]
Exploring Down Payment Sources for First-Time Homebuyers
Aspiring homeowners can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. Discover a variety of down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax refunds and down payment assistance programs, empowering them to achieve their dream of homeownership. Implementing […]
