Clearwater Homes Clearwater Condos
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You may have heard the same that I have – if you want to buy a condo here you need to put at least 20% down and if you’re buying as an investment you need to put at least 30% down. I’ve been told that by lenders as recently as this past year. Last week [...] Read more »
Though this applies more to sellers it also comes into play for buyers. The appraisal can make or break a deal when the buyer is getting financing. I’ve seen this twice over the last year where a buyer ended up paying more out of pocket than they really should have due to the appraisal. In [...] Read more »
The next couple of months will be important in determining the strength and stability in the Clearwater homes and Pinellas County real estate market. We’ve seen strong sales the last 3 months but I’m starting to see a slight slowdown and it’s not clear yet if it is just the typical change that occurs when [...] Read more »
Last week there was a new record low for mortgage interest rates announce. The announcement came last Thursday from the Federal Home Loan Mortgage Corporation (also known as Freddie Mac) that the interest rate for 30 year mortgages had fallen to a new low of 4.32%. Of course you have to qualify for the best [...] Read more »