Steve Beste Wilton Manors / Fort Lauderdale Real Estate

The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds in- lieu and deeds-for-lease in order to help more homeowners avoid foreclosure. The effort will come in stages with the first taking place this June. The new, aligned timelines include ...

The National Association of Home Builders has added the Miami Metropolitan Statistical Area (MSA) to its list of Improving Home markets. Their yardstick measures employment levels, home price appreciation and building permits for new single family homes. In order to qualify, all three measures had to improve for the prior six months.  This ...

FHA financing 3.5% down payment 620 minimum credit score loan amount up to $417,000 for 1 unit,  2 or more units increased loan amount available Escrow hold back allowed for repairs Does not need to be a 1st time home buyer back end ratios up to 55%, increases buying power 6% seller contribution allowed ...