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Mortgage industry takes another stand against the FHFA’s DTI fee

Housing Wire

It’s been delayed, but that’s not enough for the mortgage industry. “There is a reason the revised general Qualified Mortgage (QM) definition excludes the DTI ratio: Studies demonstrate that as a stand-alone measure, DTI is not a strong indicator of a borrower’s ability to repay.”

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Medical Professionals Moving Guide: Healthcare Relocation Resources

Raleigh Realty

This not only includes differences in housing pricing, but also food, income taxes, property taxes, and the like. Logistics and Stress - It goes without saying that moving can be a stressful situation. Cost of Living - Cost of Living varies from location to location. USDA Loans- The U.S

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6 Things You Should Know About First-Time Homebuyers

McKissock

Judy Crockett, real estate agent and certified residential specialist states that “working with first-time buyers is challenging primarily because the buyers are typically younger, inexperienced, and overwhelmed by the logistics of purchasing a new home.” Read on for 6 things you should know about first-time homebuyers.

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How to Buy a Home as a Single Mom or Dad

Raleigh Realty

This can be done through a bank or private mortgage company of your choice. The following are some of the most common mortgage options provided to you by lenders: Federal Housing Administration (FHA) Loans - FHA loans are government-insured loans and are relatively speaking, easy to qualify for. USDA Loans- The U.S

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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

No stranger to offering business-related sage advice, Benjamin Franklin was fond of reminding us all that “death and taxes” were the only two certainties in this world. While Franklin knew that death and taxes were guarantees, how those taxes are paid, and who’s managing the properties taxed is anything but certain.

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Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Homes in tourist areas often see higher property values due to constant demand, which can mean a good return on investment if you ever decide to sell your home. Many homeowners take advantage of peak tourist seasons by renting out their properties, which can cover mortgage payments or fund upgrades.

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Unlocking Dreams: Embarking on the Journey of Florida Homeownership

Lamacchia Realty

This budget should account for all potential costs, including down payments, closing costs, property taxes, and homeowner’s insurance. Florida offers some financial perks to homeowners, such as the homestead exemption, which can provide significant property tax relief. But it’s not all about expenses.