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Florida Mortgage & Real Estate | Developers moving In & Out!


these developers are able to build condos & townhomes that will help first time home buyers, low and moderate income buyers, and local workforces find properties near where they work at appropriate prices

While the real estate market is definitely in a bad place in Florida, many big, national banks and big, national builders are feeling the pinch.... some are even hitting the bricks - figuratively speaking.

condos banner With announcements that Hollywood Florida based TOUSA and Fort Lauderdale Florida based Levitt & Sons are filing bankruptsy, and that Levitt ceased all construction due to massive debt... it would seem that we've seen the end of development in Florida until we absorb what we already have... but that may not necessarily be so!


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Posted on 2007-11-24 @ 12.51:46 pm by David
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Orlando Florida Mortgage | Builders Focus on Value


For buyers who will need 100% financing, builders should make sure to keep an eye on the median home prices in the area

This is a little departure from my normal posts that are mainly informational - call it an Opinion Piece.

The Real Estate Industry in Florida is hurting as evidenced in all the bad news being reported.  It isn't all bad, as the reporters would like you to believe.  Houses are selling because there are people that need to buy and there are those that are finding bargains already.

Now builders are spending their time marketing value and affordability into their homes... the reverse of the trend when they were marketing luxury and amenities.  Honestly, they should have caught on sooner.

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Posted on 2007-10-19 @ 6.57:40 pm by David
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Orlando Affordable Mortgage | 100% Loans are Available in Florida!


there are 100% loans available both for purchase and refinance transactions.

Did I stutter?  I do mean it... there are 100% loans available both for purchase and refinance transactions.

No... I am not one of those scumbags trying to lure you into a dangerous loan!  If you've read my posts at all, you know I'm definitely not about bad loans for good people.

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Posted on 2007-10-12 @ 11.30:34 am by David
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What do I need to do if my Orlando Florida Lender goes out of business?


Wondering what is going to happen to you now that your Lender is Kaput?

Orlando Florida Mortgage Forecast
Wondering what is going to happen to you now that your Lender is Kaput? 

Do not fret... don't worry at all... in fact, get ready to make your September payment as scheduled.  Just keep your eyes open for your letter regarding who will be servicing your loan from now on.

You see, many of the lenders that you are paying your monthly payments to are in fact only servicing your loan.  They are not holding the note, but instead they are collecting and distributing funds for the actual mortgagee - typically an institutional investor.

Sometimes an investor will change their servicing agent and gets someone else to do it for them.  So be ready for your next month's payment.  It will be due to someone even if your "lender" shut its doors. 

For more details on what Loan Servicing entails, read Florida Mortgage | Loan Servicing ~ What Consumers Need to Know in this Market...


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Posted on 2007-08-09 @ 11.41:38 am by Teri Isner
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Orlando Florida Mortgage | Builders Focus on Value


builders are spending their time marketing value and affordability into their homes

This is a little departure from my normal posts that are mainly informational - call it an Opinion Piece.

The Real Estate Industry in Florida is hurting as evidenced in all the bad news being reported.  It isn't all bad, as the reporters would like you to believe.  Houses are selling because there are people that need to buy and there are those that are finding bargains already.

 Now builders are spending their time marketing value and affordability into their homes... the reverse of the trend when they were marketing luxury and amenities.  Honestly, they should have caught on sooner.

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Posted on 2007-06-20 @ 11.35:24 am by David

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
215 Celebration Place Suite 500
Celebration, Fl 34747

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