Pride of ownership shines through as you approach your dream home. Perfect investment home or primaryresidence – spacious 5 bed 4 bath offering ground floor master bedroom with king sized bed , 2 Queens and 2twin rooms. This recently renovated home is being sold fully furnished and benefits from three en-suites, smallloft area and garage currently used as a games room but easily converted back to a garage for residentialbuyers. Located close to the desirable community of Hampton Lakes off highway 27. This desirablecommunity has 2 community play grounds, tennis and basketball courts, beach volley ball and picnic areaoverlooking the main lake within the develop. This development provides easy access to highway 192 and I4for the theme parks, airports or either coast. Live the Florida lifestyle
Ready to make a Move?
Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.
Dear homebuyers: Please stop thinking you need 20% down payment
NEW YORK – Feb. 18, 2019 – First-time buyer surveys consistently show the top hurdle to homeownership is saving up for the down payment. But potential home shoppers may be misunderstanding the amount of money they really need to buy a home.
“Paying 20 percent down is, quite frankly, a myth,” Karen Hoskins, vice president at NeighborWorks, told HouseLogic. “Most buyers pay only 5 percent to 10 percent down – some even pay zero.”Several assistance programs can help buyers with down payment concerns break into homeownership. For example, 69 percent of about 2,500 homebuying programs tracked by Down payment Resource offer down payment assistance. The average amount of assistance from these programs tops $11,000.
HouseLogic offers several places where buyers can search for down payment assistance, including through national government programs. The Federal Housing Administration offers loans to first-time buyers with down payments as low as 3.5 percent. Programs like the USDA Rural Development Loans and VA Home Loans offer eligible buyers zero-down payment loans.Mortgage financing giants Fannie Mae and Freddie Mac offer eligible buyers loans where they can put down as little as 3 percent of the purchase price.
When buyers put down less than 20 percent, they pay private mortgage insurance (PMI) each month to protect the lender’s interest, though the PMI can often be cancelled once they build up 20 percent equity in the property.Many state and local homebuying programs offer assistance programs too. There are many different forms of assistance, such as forgivable loans and grants (gifts for some or all of the down payment and closing costs) to soft mortgages (down payment assistance loans that are deferred for some period of time based on the program’s requirements).
Mortgage brokers should also be able to supply buyers with information about programs in their area and help determine eligibility.
Retirement Home For Sale in Outdoor Resorts Orlando
9000 US Highway 192 Lot 422
Outdoor Resorts Orlando Retirement Home For Sale -COMFORTABLE 2 BED / 1 BATH ON THE CANAL!!! This home has hurricane shutters, newer stainless steel refrigerator, dishwasher, range & microwave. This home is fully furnished and features recently purchased Lazy Boy queen size sofa sleeper, 2 recliners, queen size bed in main bedroom, bunk beds in 2nd bedroom, recently remodeled large shower in main bedroom, with computer desk, chair, shredder, and file cabinets. Deck furniture is left with the property. 2002 Golf Cart is negotiable if interested.
During the purchase of a home, there are an abundance of options to choose from when deciding on the Mortgage Loan that best fits your budget. Here is a basic breakdown of the different kinds of loans you can choose from when buying the home of your dreams!
FHA Loan (Federal Housing Administration)
– Low monthly mortgage payments
– Flexible with credit score
– Easier to qualify than other types of loans
– 15 & 30 year fixed rate
– This loan works best if you are looking to purchase, refinance, or renovate your home
Conventional Loan (Fannie Mae & Freddie Mac)
– More financing options
– Must have good credit to qualify (typically above 700)
– 10 to 30 year fixed rates
– This loan works best if you are looking to purchase, refinance, or renovate your home
VA Loan (U.S Department of Veteran Affairs)
– Zero down payment required
– Low monthly mortgage payments
– Mortgage insurance not required
– Limited to eligible veterans
– 15 & 30 year fixed rate
– This loan works best if you are looking to purchase, refinance or have an assumable mortgage on your home
USDA Rural Housing Loan (U.S Department of Agriculture)
– Zero down payment required
– Low monthly mortgage payments
– Must have good credit to qualify (typically above 700)
– Limited to properties in rural areas
– 30 year fixed rate
– This loan works best if you are looking to purchase or refinance
This is just a scratch on the surface of the four main types of loans and their assets. Our Real Estate Professionals are overwhelmingly knowledgeable on all of these different types of loans and will provide you with any information you may need. They will also be able to give you advice on which loan would work best for you based on your financial situation. Click here to get in touch with one of our agents today, they are standing by ready and willing to help you!
Another year has almost come and gone. Make it your New Years resolution to make the most out of 2017! Maybe you are a first time home buyer, looking for an investment property, or looking to upgrade into a home with more space, make 2017 the year you meet your home owning goal!
The past few years, the market has become more steady and this trend is expected to continue into 2017.
2017 is your year if you are looking to make a long-term investment in purchasing a home. Home values are expected to increase by up to 30% in the next three years!
Planning on retiring in 2017? We have something for you, too! Many adorable 55+ neighborhoods have plenty of homes for sale, and our agents here at Bardell are thrilled to show you, and help you make the most out of your retirement!
Rent prices are expected to rise in the next year. Now would be the time to go for your goal and become a homeowner!
Pride of ownership is a wonderful and respected accomplishment. All of us here at Bardell are eager to exceed your expectations and help you find the home of your dreams!
