What are the Florida appraisal requirements for a mortgage after Hurricane Ian?
First off, our hearts and prayers go out to all that have been affected by this deadly storm. We hope that everyone was able to survive the storm safely and also that power, water, and internet can be restored as quickly as possible to those that are in need. In the wake of the Hurricane Ian’s path of destruction, I wanted to follow up to discuss the appraisal re-inspection requirements for mortgage loans in Florida post Hurricane Ian. Please note
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What are the 2022 VA Loan Limits in Florida, Texas, Tennessee, and Alabama?
What are the 2022 VA Loan Limits in Florida, Texas, Tennessee, and Alabama? How do you calculate a VA maximum mortgage amount? The VA home loan program can be an extremely powerful option which provides for well-known benefits such as no down payment, no monthly PMI, and flexible credit qualifying. However, the VA program can also be a secret weapon for financing larger loan amounts which is especially important when dealing with properties that have higher sales prices. In today’s
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Requirements for the Florida Homestead Exemption
Requirements For The Florida Homestead Exemption What is the Florida Homestead Exemption? How does the Florida Homestead Exemption work? The Florida Homestead Exemption allows homeowners in the state of Florida save money on their property taxes by reducing the taxable value of their property. This lower taxable property value then results in lower property taxes. Timing and eligibility details are critical when looking to qualify for this exemption. Let’s break down how the Florida Homestead Exemption works, how and who can
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Differences between FHA, VA, USDA, and Conventional Loans for Private Road Properties
Differences between FHA, VA, USDA, and Conventional Loans for Private Road Properties You found the perfect home, but the property is located on a private road. How do loans for private road properties differ between mortgage programs? How can a property located on a private road affect your loan approval? When a property is located on a private road, there are important steps that need to be taken to help secure financing. However, there are also differences between private road
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