April 2009

There are 2 blog entries for April 2009.

COST OF BUYING, HOLDING AND SELLING NAPLES REAL ESTATE

Tuesday, April 14th, 2009 at 1:57pm. 380 Views, 3 Comments.

real_estate_book_398Often we are asked about the different costs related to buying, holding and selling real estate in the greater Naples area. The costs associated with purchasing property will vary within each county in the State of Florida. For example, the cost of purchasing property in the Naples area (Collier County) will be different than purchasing in Bonita Springs, Estero Ft. Myers (Lee County).

The largest single expense for buying a home in the Naples area is title insurance.

Paying the cost of title insurance becomes the responsibility of the buyer and will insure the buyer against loss, if it is subsequently discovered that there was a defect in the title. If the buyer is getting a mortgage, the lender will require the buyer to purchase title insurance. If the…


YOUR CREDIT IS UNDER A MAGNIFYING GLASS!

Monday, April 6th, 2009 at 7:57pm. 288 Views, 0 Comments.

credit_report_magnifying_glass408_408The dicotomy of having the lowest interest rates not seen in decades is that with the current tightened credit restrictions, it's all for naught if people are being denied credit for mortgages. The policy has to change. Those restrictions must be loosened in order for the housing market to turn around. Fortunately living in Naples, a world-class destination, the situation isn't quite as dire as it is in the rest of the country.

Still it is extremely important that if you plan to seek credit you do everything within your power to safeguard your score, as well as try to strengthen and raise it if at all possible.

Remember the rate that you will pay will be solely based upon that score. Naturally if your score is lower, the greater the fees you will end up…


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