Jan
30
2009

What’s the name of my mortgage broker?

For those of you that are in the business of rehabbing homes and selling them to retail buyers, finding the right members of your team can be almost as important as finding a qualified buyer. Adam, what are you talking about members of your team? What I mean is screening, interviewing, and qualifying [...]

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Jan
29
2009

Cold Weather Tip…

Tip of all of the rehabbers out there that are like me and think “we live in Florida, it’s warm all of the time”. When the temperature dips into the 30s-40s at night, you need to think about how that will affect your current rehab project. I can tell you from experience that the number [...]

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Jan
27
2009

More FHA Changes = More Fun

More news about appraisals… If you buy a home for a deeply discounted price and then put a large amount of money into the house to repair it, you will find yourself having to do TWO separate appraisal’s to justify the increase in value. This adds time and cost to the closing process. [...]

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Jan
26
2009

Appraiser’s feel the down turn…

You can imagine that less homes being sold each year would affect more than just home owners and sellers. If affects all the industries that support real estate as well. Home inspectors, insurance agents, title agents, and surveyors have all felt the down turn in the market. Appraiser’s are the newest victim [...]

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Jan
25
2009

Rental Homes and Utility Bills…

Here’s a tip for anyone looking to rent out a investment property. When you sign a lease, tell the new resident that the utilities will be turned off on the day they are scheduled to move in. It is the residents responsibility to get the utilities switched over into their names.
I can’t stress [...]

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Jan
23
2009

More Free Money to Buy a Home

It doesn’t get any better than this… FREE money given out from the State of Florida to help new home buyers pay all of those expensive closing cost and down payment requirements. How much free money you might ask? $10,000 of 0% interest money for a full 15 years. How do I [...]

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Jan
22
2009

Rates Dropped

Great news for first-time home buyers looking to buy a home with the Florida Bond Grant money. The rates have just dropped a quarter point to 6.5%. This helps buyers pay less a month on their monthly mortgage payments or it will help buyers get qualified for a slightly higher priced home. [...]

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Jan
21
2009

New cool website I found

Guys, you know how much I love technology (haha, yeah right), but I just came across a pretty cool website. It allows you to do free conference calls. The website is www.freeconferencecall.com.
Me and Adam are going to use it today to talk to one of our new prospective 10 Year Real Estate Millionaire [...]

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Jan
20
2009

H2H Grant Program

Did you know that the City of Jacksonville will pay new home buyers closing cost and down payment for them? This is a really neat program that pays up to $15,000 for low income families to help them purchase beautiful homes. We currently have multiple families approved for this grant money and we are exicted [...]

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Jan
19
2009

New Member of the Team!

I want to congratulate Neal Hemenway for joining the Progress Home Buyer’s team. He will be in charge of Public Relations and monitoring the blog post. He will be working with us for entire Spring 2009 semester.

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