#bridgeloans | Bridge Loans Florida

Is an Accessory Dwelling Unit Right for You? Here’s What To Know

Written by Florida Bridge Loans Syndicate User on March 2, 2025. Posted in Bridge Loans Florida, Buying Tips, Florida Bridge Loans, For Buyers.

Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you’ve been looking for in today’s market.What Is an ADU?According to Fannie Mae, an ADU is a small, separate living space that’s on the same lot as a single-family home. It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU...

Florida Mortgage | Time in the Market Beats Trying To Time the Market

Written by Florida Bridge Loans Syndicate User on March 2, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans.

Florida Mortgage | Time in the Market Beats Trying To Time the Market If you’re trying to decide whether to buy now or wait until mortgage rates come down, here’s something to think about. Let’s say you buy a $400K house now. Based on home price projections, you could gain roughly $83K in equity over the next 5 years. So, if you’re able to buy now, it’ll be worth it in the long run. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

Florida Mortgage | What To Do If Your House Didn’t Sell

Written by Florida Bridge Loans Syndicate User on March 2, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans.

Florida Mortgage | What To Do If Your House Didn’t Sell Last year as many as 1 in 3 sellers took their house off the market because it hadn’t sold. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homesellers

Florida Mortgage | The Big Difference Between Renter and Homeowner Net Worth

Written by Florida Bridge Loans Syndicate User on March 2, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans.

The Big Difference Between Renter and Homeowner Net Worth On average, a homeowner’s net worth is nearly 40x higher than a renter’s. If you’re ready and able to buy, you have the chance to start gaining equity and growing your wealth. And if homeownership feels out of reach, let’s connect to talk about the programs that can help. NMLS ID 1834853 | #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

When Is the Perfect Time To Move?

Written by Florida Bridge Loans Syndicate User on January 21, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans, For Buyers, Home Prices, Mortgage Rates.

It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market. Maybe you’re holding out and hoping mortgage rates will drop, or that home prices will fall. But here’s what you need to realize: trying to time the market rarely works. And here’s why.There is no perfect market.No matter when you buy, there’s always some benefit and some sort of trade-off – and that’s not a bad thing. That’s just the reality of it. If you’re not sure you buy into that, think back to the last 5 years in housing. Just a few years ago, mortgage rates hit...

Florida Mortgage | How Mortgage Rates Affect Your Monthly Payment

Written by Florida Bridge Loans Syndicate User on January 20, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans.

How Mortgage Rates Affect Your Monthly Payment Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn’t try to time the market. Instead, it’s better to focus on how even a small change impacts your future mortgage payment. NMLS ID 1834853 | #mortgagerates #homebuying #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

2025 Housing Market Forecasts

Written by Florida Bridge Loans Syndicate User on January 18, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans, Home Prices, Infographics, Mortgage Rates.

Some HighlightsWondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead.Mortgage rates are projected to come down slightly. Home prices are forecast to rise in most areas. And, there will be more homes available for sale.Want to know more about what this could mean for your plans this year? Connect with a local agent to discuss your 2025 goals.

Florida Mortgage | 2025 Housing Market Forecasts

Written by Florida Bridge Loans Syndicate User on January 18, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans.

2025 Housing Market Forecasts | NMLS ID 1834853 The latest 2025 forecasts show mortgage rates are projected to come down slightly, prices are forecast to rise, and more homes will be available for sale. Want to know more about what this could mean for your plans this year? Contact us! #housingmarketforecasts #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgage

One Homebuying Step You Don’t Want To Skip: Pre-Approval

Written by Florida Bridge Loans Syndicate User on January 17, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans, For Buyers, Home Prices.

There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval. Here’s a rundown of what it is and why it’s so important right now.What Is Pre-Approval?Pre-approval is like getting a green light from a lender. It lets you know how much they’re willing to let you borrow for a home. To determine that number, a lender looks at your financial history. According to Realtor.com, these are some of the documents a lender may ask you for during this process:W-2s from the last two yearsTax returns from the last two yearsPay stubs from the last 30...

Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?

Written by Florida Bridge Loans Syndicate User on January 16, 2025. Posted in Bridge Loans Florida, Florida Bridge Loans, For Sellers.

Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are right now? Here’s some perspective that can help.The market actually isn’t at a standstill. While there weren’t as many sales last year as there’d be in a normal market, roughly 4.15 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise in 2025. That means more people will likely move this year, and they need homes to buy. Homes like yours.But even if we only match last...

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