Gerry Suarez Jr.'s (gsuarez) Blog

Follow me
By
Mortgage and Lending - New American Funding NMLS 6606 - 310298

ARCHIVED BLOG POSTS

2009 

Too well written and too important to not mention. This tax credit is changing peoples lives, but it may not be here come July 1, 2009. Do you have $7500 in the bank right now? If you are a renter that has not owned a home since April 2005 and you buy and close by June 30, 2009 you can get this!...
01/28/2009
As reported in a CNN Money article today, State Farm will be pulling out of Florida. This reaction is reported to be a result of being denied a whopping 47% rate hike, and the insurer announced it will no longer be writing new policies or renewing existing ones. Florida's unique hurricane risks c...
01/27/2009
It just can't be said enough. Although many groups are advocating extending this benefit there is precious little indication it will continue beyond June, 2009. If you are a first time buyer act now! It is also important to note, now that I am seeing a few transactions under $75,000. The tax cre...
01/23/2009
  As we look back at 2008 and it's last month, real estate sales seemed to take a very predictable path. Once again there were about 200 single family homes sold (202 to be precise). Once again it was the $100- $140k price range that garnered most of the sales (57 units or 28.2%). The local marke...
01/17/2009
  As we look back at 2008 and it's last month, real estate sales seemed to take a very predictable path. Once again there were about 200 single family homes sold (202 to be precise). Once again it was the $100- $140k price range that garnered most of the sales (57 units or 28.2%). The local marke...
01/17/2009
We have all been anticipating changes in the income guidelines for RD loans to be increased, however today the USDA announced it will not be making those changes until at least March 20, 2009. The changes would allow families from 1 to 4 members to qualify at the 4 person income limit ($70,750 i...
01/14/2009
  This real estate market has become a unique opportunity for first time buyers, who aren't saddled with trying to sell a home, to take advantage of the long list of reasons to buy. As a first time buyer in Eustis now you can: •·         Take advantage of some of the best interest rates in histor...
01/07/2009
This real estate market has become a unique opportunity for first time buyers, who aren't saddled with trying to sell a home, to take advantage of the long list of reasons to buy. As a first time buyer in Mount Dora, FL now you can: •·         Take advantage of some of the best interest rates in ...
01/07/2009
This real estate market has become a unique opportunity for first time buyers, who aren't saddled with trying to sell a home, to take advantage of the long list of reasons to buy. As a first time buyer in Lake County, FL now you can: •·         Take advantage of some of the best interest rates in...
01/07/2009
The USDA sent out a notice regarding availability of funds yesterday and estimating funding for the current period would be exhausted by January 9, 2009 "if not sooner". They site demand at historic highs as the reason for the shortfall, and this comes as no surprise to those of us that have been...
01/05/2009
Rainmaker
99,435

Gerry Suarez Jr.

FL Mortgage Guru
smartphone(352) 516-9884
Contact The Author
Local information regarding Mortgage lending in Central Florida including Orange, Seminole, Osceola, Lake, Volusia and Marion Counties. Also providing up to date information on HUD and government loan programs, and first time buyer programs. I'm required to tell you I'm not acting on behalf of HUD/FHA or the US Government!