ThereseClapp.com

 
                                
 
Realtor® Broker Associate                                                  DEMONSTRATED COMMITMENT TO
                                                                                                              THE REAL ESTATE INDUSTRY   


"Your SW Florida Neighborhood Realtor®"
 
Century 21 Sunbelt Realty, Inc.

Listings

 
Search Open Houses For Free!  In the area you desire.

SEARCH OPEN HOUSES
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SW Florida Open Houses  (link)

OTHER INFORMATION

Century 21 Mortgage     
(link)

VA Home Loan Guide (link)


Making Homes Affordable  (link)

Florida Hud (link)


TYPES OF MORTGAGES

Conventional loan mortgages generally pose fewer bureaucratic hurdles than FHA or VA mortgages, which may take longer to process because of the red tape. You will need excellent credit to qualify for the best interest rates.


VA loan mortgages borrowers can qualify for 100% financing of the sales price. Veterans do not have to be first-time buyers and may reuse their benefit. PMI is not required. Loans are assumable by another veteran provided he or she is qualified. Seller can pay closing costs and the VA funding fee as long as these expenses don't exceed 4% of the loan amount. The veteran must produce a Certificate of Eligibility.

FHA loan mortgages
require a low 3.5%down payment as opposed to conventional loans, which can require as much as 20%down. FHA has no stated minimum credit score requirement, but lenders may have their own guidelines.  Upfront MIP and ongoing annual premiums add to overall costs of a loan.

LOAN CALCULATOR


Amount of Loan:
Annual Interest Rate (%):
Term of Loan:
Monthly Loan Payment:


WEEKLY NATIONAL MORTGAGE SURVEY




National Mortgage Rates - May 9, 2013







http://www.mortgagenewsdaily.com/mortgage_rates/

PRE-QUALIFIED

A loan originator or loan processor working for a mortgage lender or broker can typically pre-qualify you for a home loan within an hour. To get pre-qualified you will need to complete a mortgage application and allow the broker or lender to pull your credit. They will review the mortgage application and your credit and let your know if you are pre-qualified.

PRE-APPROVED

Only a mortgage underwriter can pre-approve you for a home loan, loan originators and processors can't. If an underwriter pre-approves your home loan application upfront, all you have to do is find the home you want, have it appraised, and then you should be able to close in just a few days. Some mortgage brokers and lenders will issue pre-approvals that have not been reviewed by an authorized underwriter, be sure to ask.

RESIDENTIAL INFORMATION

Lee County Appraiser  (link) 

Code Enforcement Liens  (link)

Cape Coral Demographic Information (link)

Chinese Drywall Information (link)

Search Like A Realtor® For Free!  Click the link below and go directly to the Florida MLS.

SEARCH SW FLORIDA MLS

Southwest Florida Real Estate  (link)


            Century 21 For Your iPhone (link)

                                     
Mortgage Rates For Your iPhone (link)

                                      Google Earth For Your iPhone (link)

    G
oogle Earth (link)

WHAT IS MLS?


MLS is a sharing of comprehensive home information among real estate professionals. Listings brokers enter the data about a home for sale and offer to share the commission with a broker who brings a buyer. It's an online software that contains all the specifics about a home, from the address, age, square footage, number of bedrooms, baths, upgrades and schools districts to types of financing the seller will consider, and more. There is generally at least one to a dozen photographs of the home, plus a link to a virtual tour, if one exists.



OTHER HIGH LIGHTED SEARCHES

Featured Residential Lot Listing  (link)

Featured Residential Home Listing  (link)

Latest on Market 
(link)

Latest in State of FL  (link)

Century 21 Espanol  (link)

Century 21 International (link)


HOUSING MARKET FACTS 
 

House Logic Buying & Selling  (link)

 

RESIDENTIAL VACANCIES AND HOMEOWNERSHIP IN THE FOURTH QUARTER 2012

National vacancy rates in the fourth quarter 2012 were 8.7 percent for rental housing and 1.9 percent for homeowner housing, the Department of Commerce’s Census Bureau announced today. The rental vacancy rate of 8.7 percent was 0.7 percentage points lower than the rate in the fourth quarter 2011 (+/-0.4 percentage points) and 0.1 percentage point higher than the rate last quarter (+/-0.4)*. The homeowner vacancy rate of 1.9 percent was 0.4 percentage points lower than the fourth quarter 2011 rate (+/-0.2) and approximately the same (+/-0.1)* as the rate last quarter.

The homeownership rate of 65.4 percent was 0.6 percentage points (+/-0.4) lower than the fourth quarter 2011 rate (66.0 percent) and 0.1 percentage point (+/-0.4)* lower than the rate last quarter (65.5 percent).

  http://www.census.gov/housing/hvs/files/qtr312/q312press.pdf






First Quarter 2013: Graph of Homeownership Rates



RATES VERSUS APPLICATIONS

http://www.mortgagenewsdaily.com/mortgage_rates/



















    
Call me direct or call Century 21 Sunbelt Realty, Inc. & ask for me personally!
I am always available!

Also visit me at ListingBook.com     http://thereseclapp.listingbook.com  (link)

Toll Free (866) 657-2300 or Direct (239) 542-4777


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