Mortgage Interest Rate Over 5%? You May Be Able To Save Some Money...

Hello All,

Today I bring you some good news from the world of Real Estate Financing. A new refinance program has been approved and can save many people hundreds of dollars per month, even if they have negative equity in their current home!!!

It is called the HARP 2 Refinance Program for Freddie Mac and Fannie Mae owned loans. Here are the details in a nutshell:

The Home Affordable Refinance Program gives current homeowners the opportunity to refinance their existing mortgage NO MATTER WHAT THE MORTGAGE AMOUNT IS IN COMPARISON TO THE CURRENT VALUE OF THE PROPERTY.

This program is designed to help homeowners that are CURRENT on their mortgage payments for at least the past 6 months. You can finally take advantage of these historically low rates … AND YOU DON’T NEED AN APPRAISAL!
- NO Appraisal Needed

- NO Loan to Value Cap

- Current Interest Rates

- 2nd Mortgages can be subordinated behind the new 1st Mortgage

- NO out of pocket costs

The only exclusion to the program is Mortgage Insurance (PMI). If your current loan has Mortgage Insurance, then you would not be eligible for the new HARP 2 program.



**Please note if you currently have a FHA loan you would not be eligible for this particular program, but worry not, there is a similar option for FHA loans as well. Though there are differences there may be an option for you.**

If you are interested in this new program or an FHA alternative just give me a call or shoot me an email and I will get you in contact with the right people (I don't work in the lending field personally, but I know some great people who do). I would love to help you save some money!!!

Until Next Time,
Brian J Miller - The Miller Property Group
813-484-4813
BrianSellsFL@Gmail.com

Single & Looking for a Date? Consider Buying a Home!

Not the typical title you thought you would see on a Real Estate Blog, but the statistics back it up. In a recent survey of 1,000 people reported through CNNMoney the results speak for themselves. More than one third of the women and 18% of the males surveyed said they would rather date a person who was a home owner. On the flip side only 2% of women and 3% of men said they would prefer to date a person who was renting...

So, if the historically low interest rates and prices are not enough to entice you. Maybe having a upper hand in the dating world will do the trick???  If so, give me a call and we can get started today.

Until next time,

Brian J Miller
The Miller Property Group
813-484-4813
BrianSellsFL@gmail.com

Looking to Buy???

Hello All,

I hope everyone had a Safe, Happy Holiday Season and is looking forward to a Great 2012!

That being said if you are thinking about purchasing a property, with the new year comes new inventory and new deals. Relating to my last post most sellers do wait until after the holidays to put their home up for sale. This means an influx of new inventory and more options for you as a home buyer. With the combination of historically low interest rates and an added inventory it will be tough to find a better time to buy.

So, I will keep this post short and sweet, rates are low, deals are abundant, THE TIME IS NOW!

Let me know if I can assist you in finding your next home (and for you those of you that have not worked with me in the past,  please note that I represent you as a buyer 100% free of charge)!

Until next time,

Brian J Miller

The Miller Property Group - Re/max Action First
813-484-4813
BrianSellsFL@gmail.com

Why Sell During the Holidays?

In my opinion it is a common misconception to wait until "after the holidays" to put your home up for sale. Many home owners looking to sell view this as a slow time of year and they are wasting their time by putting their home on the market in November and December. There are 2 reasons why I disagree with this view:

1. Simple Supply and Demand:

If you agree that this is the mindset (waiting until after the holidays to put their home on the market) of most homeowners then it is reasonable to conclude that this is the time of year that there are the least amount of homes on the market, thus the smallest supply all year. Simply supply and demand states the smaller the supply the more demand for each home, in turn you get the best possible price for your home. In many cases buyers are put into a situation that they need to find a home and if happens to be the holiday season, so be it, they need a home.

2. Only Serious Buyers Are Looking:

This is a busy time of year for everyone, so you can be fairly certain if a potential buyer is going to take the time out of their busy schedule to view your home they are serious about buying a home now. Other times of the year you may get buyers simply going out "to see what is out there," and maybe have not even made the decision to buy. Many have the mindset of "if I see something I like or if it is a great deal I could buy it."

For these two reasons I think if you are considering putting your home up for sale and cannot decide whether to wait or do it now, my opinion is do it now!

If you are considering and would like to know the current value of your home, call or email me for a free, no obligation home evaluation.

Until next time!

Brian J Miller - The Miller Property Group