Benefits of getting a pre-approval: It gives the most accurate max loan amount you can get. Helps to know price range and what houses you can actually afford. You can position yourself as a serious buyer in a competitive market. A slight difference in interest rates can mean significant savings, so it pays to shop…

Cost of Living: Average annual expenditure: $42,000. Average Salary: $54,000 annually. Tax on Salary: No state income tax. Housing Costs: Median home price: $350,000. Mortgage and Rental Costs: Mortgage: $2,000/month. Rent: $1,500/month.

Despite Florida's avg home value nearing $400K in Late-Q2, some cities still offer homes <$100K. Lauderhill, in Broward County, has condos available for $78K-$85K.

Inflation has decreased significantly, yet the Fed has maintained high interest rates.Forecast suggests gradual interest rate cuts in 2024 and 2025 to manage inflation and economic stability.

Florida's home insurance market is showing signs of improvement after a rough 2022. Fewer insurers are requesting rate hikes, some are even offering reductions.

To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where…

Evaluate Options: Decide between selling the house or assuming the existing mortgage yourself post-inheritance.Financial Assessment: Calculate equity and costs like repairs, closing fees, and potential tax implications.

Basics of Reverse Mortgages: – Receive payments from home equity – Tax-free supplements to retirement income – Loss of home equity Qualification and Eligibility: – Minimum 50% equity, age 62 – Specific criteria for each type – Mandatory HECM counselor consultation