Sarasota Mortgage Blog

In the country’s hot spots for inbound migration, out-of-town homebuyers are bringing nearly 30% more to spend on homes than locals, making it hard to compete in an already volatile marketplace. From observation, it appears that the largest gap in home buying budgets between migrants and locals is occurring in metropolitan cities such as Nashville. … Continued

Existing Home Sales Grow with Rising Rates Despite rising interest rates and eroding affordability, existing-home sales saw a monthly increase in February, bouncing back after receding month over month in January, according to the National Association of Realtors (NAR). Existing-home sales came in at a seasonally adjusted annual rate of approximately 6.5 million units in … Continued

Some people don’t know the first thing about getting a mortgage loan. Applicants who don’t recognize key differences in the application process from anything they’ve applied for are often disappointed when a lender denies their mortgage loan application. Here’s six tips to help you get approved. Educating yourself is key, and there are a number … Continued

Get Money for a Down Payment Whether you’re purchasing an existing home, building a new home or planning to fix up an older home, you’re probably excited about the prospect of closing the deal and moving in. Not so fast. Buying a home is an expensive proposition – the biggest investment that most families ever make. While … Continued

For-Keeps New Years Resolutions for Homeowners We all make New Year’s resolutions, but let’s be honest, most are wishful thinking. By February, that “lose 20 pounds” or “learn Spanish” resolution has gone right out the window. But not for you, new homeowner. This year is different. Your first 12 months of homeownership set the tone … Continued

A tight budget, an expensive home renovation and the desire to get your home paid off quicker are all good reasons to refinance your home. But what does refinancing your home mean and how can it help you achieve your financial goals? Take a look at the definition of home refinancing and what it can … Continued

Host Like a Champ! Whether it is your first time hosting or you are a Turkey-serving veteran, Land Home Sarasota realizes hosting a Thanksgiving dinner can be a lot of work. However, if you keep organized, hosting Thanksgiving in your home can be a wonderful experience, full of happy memories. 1. Never turn down help. … Continued

It really helps when buying a home to understand “what” exactly happens, when it happens and what to expect when going through the Loan Process. We hope that our blog today will help you along the way! Pre-Qualification This is the beginning of the home buying process, before you even start looking at houses. This … Continued

Unless you can buy a house entirely in cash, finding the right house is only half the battle. The other half is choosing the best type of home mortgage. Since you’ll likely be paying back your mortgage over a long period of time, it’s important to find a loan that meets your needs and your … Continued

When Buying a Home in Florida Whether you’re buying a second home/vacation home or you’re considering moving to warm, sunny Florida, consider a few matter beforehand: Can you afford to live in the region or neighborhoods you have targeted? Which cities and neighborhoods are safe and pleasant to live in? Summers are hot and humid. … Continued