February 2014

There are 3 blog entries for February 2014.

For several years now, condo loans have been difficult or non-existent. Condo loans were considered a risky investment as the real estate market collapsed. The good news is that loans for condos in the Orlando area are back again. This is terrific for those who wish to live here year round or have a vacation home in the beautiful Disney Area, close to golfing and fun.

Banks had stopped lending as the ratio of investor to residents was too high and the condo was considered a high risk investment. Fannie Mae and Freddie Mac would not purchase back those loans from the banks, and those communities were banned.

The market is slowly changing, and some banks are coming back to the lending table. By issuing loans for their own investment portfolio, without the

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Looking for ways to increase the value of your home? Here are some key renovations to consider!

Bath

Adding a full bath to your home will give you an excellent return on investment. Depending on how much new plumbing is needed, it can cost between $5,000 and $10,000. If that's too steep, updated fixtures, paint, vanity and hardware will also go a long way.

Kitchen

A modest kitchen remodel can cost upward of 15,000. It's worth it. The kitchen is the heart of any home, and if it's fresh, modern, bright and welcoming, it can also be a key selling point. New countertops, cabinetry, hardware, lighting, appliances and flooring are all important targets for replacement!

Landscaping

Curb appeal is another investment that has a high return.

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Many people assume that homeowners’ insurance policies are one-size-fits all, but the same care should be taken to protect a buyer’s investment as the care that went into buying just the right house.  An insurance policy should be custom tailored to fit the needs and preferences of the home owner. 

For example, a property used only by the owner as a second home could have a policy much like that of an owner who lives in his home full-time.   However, if the owner decides to rent his second home to others when he’s not using it, then a different type of policy is required.

Just a few of the basic factors that determine how the insurance fits the owner and his property include the home’s cost to rebuild, its location, the shape of the roof, its

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