Is it time to buy a house in Florida? September Real Estate Market Report click to play the video Many are asking me now “is it the right time to buy”. Some of my clients have stopped looking because: They got tired of getting beaten up by 30 other offers for each home they were looking at. The interest rate kept going up. Home prices seem to get out of reach for many of them. Because of what has been happening I think that we might have a sweet spot for all those … [Read more...]
Beat the Cash Buyers with your offer | Fairway Advantage and Fairway Cash Guarantee
The Fairway Advantage (https://youtu.be/B59mfRdts40) The pressure today when buying a home is enormous. Real Estate Agents and Home buyer clients are sharing with me that they are putting an offer after offer after offer and nothing sticks. Many are blaming the cash buyers. Well, we may have a solution for you that could help you compete end or beat a cash buyer. It's called the Fairway Advantage and the Fairway Cash Guarantee. So what is the fairway advantage and fairway cash … [Read more...]
Fairway Advantage – How to beat other buyers with your offer
The Fairway Advantage (https://youtu.be/B59mfRdts40) The competition is fierce when it comes to putting an offer to buy a home. Sometimes a home can get 10 to 30 offers within a day of being put on the market. So how did you get an advantage and have your offer stand out? If you are a home buyer or a real estate agent helping a home buyer you can have benefit from using the Fairway Advantage option. This option is not offered by most banks or lenders. Loans for you through … [Read more...]
Why are home prices and interest rate on a rise for 2022?
Mortgage Rates and Home prices are going UP UP UP. You probably noticed that home prices have been on the rise and interest rate are following since January of 2022, But you may not know why. Hi I'm Racheli Refael a mortgage advisor here in Sunny South Florida. Let me go over 5 reasons why this is happening and what you can do to prepare. The unfortunate thing is that all those forces are happening all at the same time like The perfect Storm. Artificially … [Read more...]
LLPA | Loan-Level Pricing Adjustments
What Is LLPA | Loan-Level Pricing Adjustments and how does it effect you when you obtain a home mortgage? A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. It varies by borrower, based on loan traits such as: loan-to-value (LTV), credit score, occupancy type, Purchase Rate and term refinance or Cash Out refinance and number of units in a home1, 2, 3, 4 units. Borrowers often pay LLPAs in the form of … [Read more...]
