This post is a follow up to my first two postings Craigslist Mortgage Ad's *Beware* and Craigslist Mortgage Ad's *Beware* Part II. In those first two postings I have outlined in detail what the laws are in Florida on advertising Mortgage's.  Florida is very specific on their laws and have outlined in a ver simple format.  If you have any questions please refer back to the first two postings.In this the final post of this series I will post one of these blantant ad's that are on Craigslist and also show you what you can do to stop them from posting them.Below is the Ad I continue to see in some form:Title: 5 Year Mortgage at 2.75% with NO Fee'sRefinance Today!!!2.75% fixed for 5 years. A $250K Loan for $1000 per month.This is no... 11/14/2007

********Subject:  Palm Beach Gardens Real Estate Market ConditionsBody: Palm Beach Gardens Real EstateWe here at the Frank Verna, PA continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Palm Beach Gardens real estate statistics from November 1st through November 11th. The following includes information for Palm Beach Gardens, Abacoa, Evergreene, Frenchman's Creek and surrounding communities.New homes on the market: 88Total homes on the market: 247Number of homes entering escrow: 20Number of homes closing escrow (sold): 15Number of homes expiring: 73Avg Days on Market: 186Statistics: 573 Listings Include:  All Properties Only Selected Properties 88 New Listings  BedsBathsSqFtLPLP/SqFtSPSP/SqFtSP/LPDOMHigh... 11/13/2007

SAITOS- STEAK HOUSE :LOCATED  IN THE NEW MID TOWN SHOPPING CENTER, 4675 PGA BLVD, Palm Beach Gardens,Telephone: 561 202 6888      http://www.saitosteakhouse.com/Well you are in for a treat especially if you like Hibachi cooking.The restaurant has two dinning rooms one for Hibachi cooking and a regular dinning room.Both menues have extensive choices to choose from.We choose the Hibachi dinning room because it seem like a lot of fun. You have the opportunity to sit with other dinners and make new friends and of course the chef's are always entertaining.  Eddie was our chef, and not only did he make us all laugh with his wizardry and art of cooking, the food was delicious and attractively prepared.We were not rushed after dinner so we stayed and enjoyed another cocktail.I would certainly g... 11/10/2007

MIRASOL-PALM BEACH GARDENS;   Located:  Mirsol Boulevard off PGA Blvd. West of the Turnpike:Homes range in price from the mid $300,000.00's to over $3,000,000.00. You can enjoy the style of the Stately Mediterranean Homes as well as Old Palm Beach style homes, designed by many of Florida's prestigious builders. Whether you are scaling down your life style or building up for the future, there is a home for the discerning buyer.Square footage ranges from 1,800 square feet to over 8,000 square feet.Built on 2,300 acres, there has been 960 acres designated for natural preserves.Some of the amenities are a beautiful Club House, Spa and Fitness Center, surrounded by lush landscaping, tennis courts,  Championship golf course and a beautifully designed pool.If you would like to know more about ... 11/10/2007

Palm Beach Gardens is fast becoming a food lovers paradise. One of the new restaurants to try if you like Mexican Food is: CANTINA LAREDO, Located: Midtown Center  4635 PGA Blvd. Building N, Palm Beach Gardens.Tel: 561 622 1223Fax: 561 622 1099palmbeachgardens@cantinaloredo.comManager: John Buckingham    Kitchen Manager: Dan McClain Cantina Laredo has a fun  and happy atmosphere. Great choices of food. We ate at the bar and had wonderful service. Jessica was our waitress and she was terrific.  She was glad to answer any questions about the different dishes.  The best part was she would tell us if the dish was too large for one person. We decided on the Fiesta Grill: Shrimp, Costillas, Quail, Carnitas, Beef and Chicken Fajitas.  Yummy.The salsa sauce was a little different, one was spicy... 11/05/2007

                                                                This post is a follow up to one that I recently wrote entitle Craigslist Mortgage Ad's *Beware*. In that post I went over the laws about advertising in Florida and what the state requires. On Craigslist I have seen and continue to see gross violations of these Laws. It is a shame to see this because I do advertise on this site and really believe it is a wonderful marketing tool. However, when people abuse the system it hurts everyone not just them.                                                      In my previous post I went over step by step what should be posted in these ad's if rates are being advertised. So I will not repeat myself please refer back to my original post.Below is some of what I have seen and would give ... 10/31/2007

        Legends at the Gardens is a completely friendly community located near William T. Dwyer High School in Palm Beach Gardens.  This lovely community consists of family condominiums that have very spacious and lovely floor plans that make the place look larger and more pleasant.  If you like the clean cut look like myself you'll love the pretty flowers blooming along the sidewalks, and the green grass always cut to perfection. From dawn till dusk you can enjoy the sparkling blue heated pool right inside the entrance. Key is needed to enter, keeping non-residents out.  Inside the pool are women's and men's restrooms that include showers.  They are completely sanitary and make you feel as if it is your own bathroom at home. Around this lovely gated community are many fun things to ent... 10/29/2007

Frenchmans Creek is perhaps the top selling Luxury country club in Palm Beach Gardens.  Knowing that it is the top selling Palm Beach Gardens Golf Community - we just created a website dedicated to marketing Frenchmans Creek Homes For Sale.See the current Frenchmans Creek Homes For Sale.Welcome to Palm Beach Gardens Florida             A Golfers Paradise!!! For more information about Frenchmans Creek contact the Ocean 30 Marketing Group;David AbernathyPortfolio Properties561.628.0128Abernathy@ocean30.comVisit our other luxury community websites Admirals Cove - Royal Palm Yacht Club 10/29/2007

Short Sales & Private Money / Hard Money Might Make a Good Financing AlternativeIn Florida, one of the hot topics is Short Sales the purchases and the financing of these properties.  However, before you jump on the band wagon and say "I would Never use that type of Financing" lets take a look of some of the advantage's Private Money / Hard Money can offer you in a purchase of a Short Sale. When you are purchasing any type of property using Conventional Financing, (Fannie Mae, Freddie Mac) or Sub-Prime these Lenders will only use the purchase price or the appraised value which is ever is less when calculating your mortgage Loan-To-Value. Confused lets take a look belowShort Sale is for $150,000 and the appraised value is $230,000 sounds like a great deal and yes it is a great deal.  In t... 10/29/2007

Lake Catherine is a moderately priced residential community was built by DiVosta in the early 90's with single-family homes and single-story four-plex townhome villas.  This well maintained and quiet neighborhood in Palm Beach Gardens is off the main path but ever so close to all of what's happening.   This community is conveniently located close to Northlake Blvd. with easy access to I95.  Many of the well constructed homes are built on the lakefront and have wonderful lake views and peaceful settings.  Quiet park like setting on the lake separates the homes from the road.  Residents can enjoy the community pool and tennis courts.  Lake Catherine sports park is close by for sporting activities.For more information contact:Ruth Jacobs  Broker/OwnerQuantum One Realty561-308-2020Palm Beac... 10/27/2007

Craigslist Mortgage Ad's Beware As a Licensed Florida Mortgage Broker located in the South Florida (Palm Beach County) I really cannot believe some of the ad's that are Craigslist for Mortgage's.  Just to let you know I do advertise on Craigslist as well but recently I cannot believe what some of my competition is posting.                                                                                           KNOW THE LAWFlorida makes it very simple when you advertise for Home Loans. If you choose to advertise the following: (Please note this is FLORIDA Law.)Interest RatePaymentTermAPRYou must clearly display all terms of the loan if not it is illegal and can be reported to the Office of Financial Regulations.  If the company advertise a rate for example lets use 5.75% WOW sounds grea... 10/25/2007

With my reputation in Florida as a Mortgage Broker who never gives up I am busier now with all the Short Sales going on in Florida.  I would just want to pass on some advice about purchasing a Short Sale. Make Sure You Are Using a FULL-TIME Realtor who knows Short SalesSee Number 1See Number 1See Number 1Short Sales are not for the Novice Home BuyerBeing born and raised in Florida and having traveled the State extensively I know the state quite well but I am not a local Realtor nor do I want to be one.  I am quite happy just handling the financing of these properties.  Yesterday I received a phone call from another Mortgage Broker looking to Co-Broker this file because he has the client but does not know how to go about structuring the financing end of this short sale.  Co-Brokering is ... 10/24/2007

BallenIsles is one of the first communities that comes to mind when people discuss Palm Beach real estate.Other then the fantastic properties that are available, the golf and tennis facilities are what attract the most interest.However, you can't play golf all of the time and maybe your spouse doesn't care for sports (nah, that would NEVER happen...).Luckily BallenIsles also offers social events at the Clubhouse to keep everyone happy.My inside source has provided me with the list of events for November 2007:11/4 @ 7:00 PM - The Symphonic Band of the Palm Beaches 11/9 @ 7:00 PM - The South Beach-Style Welcome Back Party 11/13 @ 7:00 PM - The 1st of 5 Events in the BallenIsles Lecture Series - featuring Dr. Alan Berger 11/22 2:00-7:00 PM - BallenIsles Thanksgiving Dinner 11/23 & 11/24 @ ... 10/24/2007

Hey! Did you know that Lawyers, Doctors and CPA's can get 100% financing on owner occupied office condos at great rates! Not only can they get 100% financing on the purchase, but 100% on the build out and on equipment leases! That is amazing just think a brand spanking new facility with new furnishings and everything else, only paying closing costs! What could that do for a biz with a new better address and state orf the art equipment. Smells like more $$$$$$$$$MONEY$$$$$$$$$$ to me! Spread the word and because this is commercial I can pay big money in referal fees ,you have nothing to lose here. You heard it from Kurt 561-236-1402   10/23/2007

As a Mortgage Broker in Northern Palm Beach County, Florida (Palm Beach Gardens) yes part of how I get paid is from the end Investor (Lender) in the form of YSP (Yield Spread Premium). But really, what does this mean to the average consumer?Most Lenders  such as Bank of America, Wachovia, Suntrust, Washington Mutual and Countrywidejust to name a few have a wholesale side to their lending department.  The overhead is quite low for these lenders and they can offer Mortgage Companies a deep discounted rate for bringing them home loans and offer them a choice of how they can earn their commission.  However, please keep in mind these Mortgage Companies still have set costs as-well plus last time I check the word PROFIT is not a four letter word.The best way I explain YSP to my clients is thi... 10/23/2007

MIRABELLA- PALM BEACH GARDENS: Located: 105 Isle VERDE way, Palm Beach Gardens:Mirabella is a great community of homes, with 12 different models.Square footage starts at about 1800 SF. to approximately 3395 SF. The homes have one or two story floor plans.The price range for the one story,  1800 SF, range in price from $399,000.00 to approximately 499,000.00.The homes with 2440 SF range in price from $525,000.00 too approximately $650,000.00.The homes with 3385 SF. range in price from$750,000.00 to approximately $1,000,000.00.There are resales available in all of the above floor plans and price ranges.The community  amenities include: a lap swimming pool, lighted tennis courts, separate children's pool, and play area.The Club House amenities include: fitness center, card room, media room... 10/22/2007

                       My grandparents Ruth and Jim Jacobs and I went to a concert of Saturday night at the Eissey Campus Theater to see Jewel. She was a special guest to a concert celebrating inspiring, young musicians with the goal to help them reach their dreams. This would make it possible for them to receive their instruments, or maybe even help them get into schools and such.             When we first got there, there were a lot of people and right then I could tell this was going to be awesome. We got our tickets, headed upstairs and into the theater. It was a lot smaller than I thought it was going to be which in this case a great thing is! No matter what seat you had or what row you were in you could completely see Jewel. I'd say that everyone in there was at most 50 ft away fr... 10/21/2007

Being a Mortgage Broker in South Florida (Palm Beach County) and with the Market shift from purchases to Refinance of current loans I think maybe the heat gets to people.  Then again, maybe it is myself who is getting older and the older I get the more stories I have heard but just tell me the truth.                               I have a reputation as the "Go To Broker" because of my research and the time that I will spend on a file to make sure it works for all parties.  So many Clients feel that we just work for them yet they fail to realize or job's are really to work as a middle man (Sorry Ladies) between the Investor (Lender) and the Client while we stay in the middle.  For those of us who have been through a divorce we really are just a mediator.Now to the Reader Digest Version: ... 10/20/2007

The powers-that-be at PGA National have posted the newest update to the change in access to the property:Starting February 1st, 2008 access to PGA National will be restricted to Residents ONLY between 9 PM and 6 AM.I, along with many other owners in this prime piece of Palm Beach real estate, hope that 24 hour restricted access can't be too far behind.Not just for the safety that it provides or the restriction of  through traffic between PGA Boulevard and Northlake. Being a truly gated community makes the real estate more desireable and therefore more valueable.When I deal with Buyers who insist on ONLY gated communities, this cuts out PGA - but not for too much longer!This, combined with the changes being made to the Hotel and the Member's Club....  well, you get the point.So, if you'v... 10/20/2007

Congratulations you just applied for your Mortgage through your Mortgage Professional and made it through all those pages of either initialing or signing. Did the Mortgage Professional explain each page to you or did you just sign because it was so many pages you just want it done with?  Almost all of the pages are standard documents throughout out the industry. The two most important that you will be signing are the Good Faith Estimate (GFE) and the Truth-in-Lending (T-I-L) pages.  The following is my approach to these documents.                                                              Truth - in - Lending                                                              This in my opinion is the most important paper you will be signing.  I will not go into detail on how the APR works o... 10/19/2007