Showing posts with label South Broward Homes For Sale. Show all posts
Showing posts with label South Broward Homes For Sale. Show all posts

Tuesday, February 16, 2021

Don't be Unpleasantly Surprised When you Close on your Home

When you are buying a property in Broward County Florida, you assume that the previous owner is up to date paying their taxes, and that they do not owe for any past repairs (Mechanic’s Liens). You may also assume that they have closed all Opened Permits, Code Violations, etc. Unfortunately, often this is not true, and this has led to horror stories for countless amounts of buyers.



Most of these nightmares could be traced back to the fact that not enough attention was paid to details before presenting an Offer to Purchase. Once you close and the property is transferred to you, you inherit all the existing problems, Liens, Open Permits, etc.




Most Real Estate Agents tend to disregard these problems, I’ll address these possible problems, when we present the Offer to Purchase. I am not in this just to make a commission. To avoid these problems, I will make a priority to insert special wording into the offer to keep you safe, and to get you into the home of your dreams.


 



Thank you,

                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional

Text or Call 954-648-6095

Global Luxury Realty, LLC



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Tuesday, June 30, 2020

How Private Mortgage Insurance Works PMI


PMI

You might have heard that you need to pay for PMI or Private Mortgage insurance and here is why.

If coming up with 20% as a down payment for your new home isn't a reality, that doesn't mean your dream of buying a new home is on hold.

Lenders may offer you the opportunity to finance your home with a lower down payment, but they will likely require you to carry Private Mortgage Insurance (PMI). Simply put, PMI protects a lender from borrower defaults. Your monthly PMI fee will be paid along with your mortgage and increase your overall cost of homeownership.

The good news is that carrying PMI will not be required for the entire length of your mortgage. Once the value of your home has appreciated enough or you've paid enough against the principal value of your mortgage, your lender will allow you to cancel your PMI policy.

Still shopping for a mortgage and a new home? I'd love to touch base with you and learn more about the options you're considering.

I have an excellent Mortgage Broker / Lender on my Team, that I have used on many transactions, he has made all transactions go smoothly.



How To Improve Your Credit


 South Broward Homes For Sale By City Or Zip Code from Tony Ortega on Vimeo.


Please work with me as your Realtor exclusively, I'll stay with you until we find your Home.

Stay Safe and Healthy

                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional

Text or Call 954-648-6095

Global Luxury Realty, LLC




Click Here to Contact Us







South Broward Homes For Sale, Private Mortgage Insurance, PMI, Broward, Fort Lauderdale, Plantation, Davie, Hollywood, Southwest Ranches, Cooper City, Weston, buy a home, search MLS Listings