October 13th, 2017 by tisner
Regardless of what a lender quotes on mortgage rates, the actual rate a borrower pays is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction.
Factors that increase the risk that the loan will be repaid will proportionately increase the interest rate charged to the borrower. If the risk becomes too high, the loan will not be approved.
- Loan amounts – conventional mortgages above conforming limits as set by Fannie Mae and Freddie Mac are considered jumbo loans and generally have a higher interest rate.
- FICO score – the lowest interest rate is reserved for the highest score; the lower the score, the higher the rate the borrower will pay.
- Occupancy – borrowers occupying a home as their principal residence are considered a better loan risk than second homes and investment properties.
- Loan purpose – purchase transactions generally have the lowest interest rate with refinancing for better rates and terms being priced slightly higher. An even higher rate might be charged for refinancing and taking cash out of the property.
- Debt-to-Income Ratio – a borrower’s monthly liabilities divided by their gross monthly income develops a ratio that helps lenders to assess the borrower’s ability to repay the mortgage.
- Property Type – some types of property are considered higher risk than others which could adversely affect the rate.
- Loan-to-value – the lower the percentage of the loan to the appraised value of the property will generally lower the interest rate.
Any combination of these factors could limit a borrower’s ability to secure a mortgage at the rate initially quoted. Pre-approval by a trusted mortgage professional can be the best way to know what rate you can expect to pay. Please call for a recommendation of a trusted mortgage professional.
By: PatZaby.com
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: FICO score, first time home buyers, home buying, home loans, mortgage loans, orlando avenue top team, Teri Isner, tes
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October 12th, 2017 by tisner
The Windermere Real Estate Market Trends Report shows the average sales price was $576,725 in September 2017 compared to $496,616 in September 2016. Homes were on the market for an average of 77 days compared to 95 days last year. Homes sold for 97% of the list price.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: home prices, home sales, housing market update, housing market updateh, orlando avenue top team, Orlando Sellers, Teri Isner, windermere florida, Windermere Real Estate Market Report
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October 12th, 2017 by tisner
The Kissimmee Real Estate Market Trends Report for 34741 shows 35 homes sold in September 2017 down from 46 in September 2016. The average sales price was $164,394 compared to $136,608 in September 2016 and homes were on the market an average of 36 days, down from 69 days in September 2016.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: home sales, home values, housing market update, kissimmee florida real estate, Kissimmee Real Estate Market Report, orlando avenue top team, Orlando Sellers
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October 12th, 2017 by tisner
The Celebration Real Estate Market Trends Report for 34747 shows 98 homes sold in September 2017 compared to 78 in September 2016. The average sales price was $286,656 compared to $290,685 in September 2016 and homes were on the market an average of 143 days, up from 111 days in September 2016.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: celebration florida, Celebration Real Estate Market Report, home prices, home sales, housing market update, orlando avenue top team, Orlando Sellers, Teri Isner
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October 9th, 2017 by tisner
Moving into a new home means looking for the right touch for the blank walls. Artwork or family photos are the perfect fillers for these spaces, and hanging them can be a task. Let’s look at some practical rules and tips for making those plain spaces come to life.
Single Frames
- Pick your space, picture to hang, and gather measuring tool, chalk or pencil, level, hammer and nails or screwdriver and screws. Picture-hanging kits can be purchased at hardware and home stores as well.
- If the place you’ve chosen doesn’t have a stud for a nail, it is best to use an anchor and screw hanger. These are inexpensive, and can be found in any hardware store. Follow the easy instructions for installation for a strong mount for the picture.
- Measure up to approximately 57” on the wall; this is where the center of your picture should be–average eye height. The top of the frame will obviously be higher.
- Hold the frame up to the wall and use a pencil or some chalk to mark the approximate place for the nail/anchor screw.
- Install the hardware you’ve chosen, and hang the frame.
- Sometimes the frame doesn’t want to hang level. Use self-stick rubber dots on the back corners of the frame; these will hold it in place, and protect the wall from damage.
Gallery Walls
- If you’re creating a gallery wall using several pieces, and include family snapshot photos, children’s artwork, art prints, and even fine art.
- Create a clean, modern look by using the same style and color frames, same color palette, or same theme.
- Use the largest picture for a focal point. Hang it first, using the 57” on-center idea.
- Make templates of your artwork with newspaper. Lay your pictures down on the paper, and trace around the edge. Cut the templates out.
- Place the templates on the floor, or on the wall with masking tape, in any formation you like, changing the arrangement until it looks like a well-fitted puzzle.
- Not all large pieces need to be in the center; a pleasing arrangement would have the focal point hanging to the left of your display, with smaller frames hung on the right.
- Once you are satisfied with your mock-up gallery, hang the pictures using the first four tips.
Bonus Display Tips
- Renters or anyone who doesn’t want to bother with hammer and nails can use removeable sticky strips for framed pieces. 3M Command Strips are perfect for this easy display idea.
- Use an art ledge for an easy display. These can be purchased at home stores and painted or stained to suit your style. Attach to the wall at the 57” level, or 12” above the furniture, and place your pictures and artwork on them–no other hardware needed!
- There are a multitude of free printables–seasonal and inspirational quotes–available on the internet. Keep one or two spaces on your walls for a quick-change whenever you feel the need.
No matter your decorating style, hanging framed items has a few rules that you should follow for aesthetics’ sake, but choosing what to display and how many is a personal decision. Make your home your own by showing off what you love most, making the statement with your framed decorations.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: gallery wall, hanging framed photos, home aesthetics, home decor, home decorating, homeowners, homeownership, orlando avenue top team, Orlando Sellers, Teri Isner
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October 6th, 2017 by tisner
Buyer’s mortgage pre-approval is good for everyone in the transaction. It saves time, money and removes the uncertainty of knowing whether the buyer will be qualified after negotiating a contract. The direct benefits include:
- Looking at “Right” homes – price, size, amenities, location
- Find the best loan – rate, term, type
- Uncover credit issues early – time to cure possible problems
- Negotiating power – price, terms, & timing
- Close quicker – verifications have been made
There is a significant difference in having a trusted mortgage professional take a loan application and run all the necessary verifications compared to going through calculators on a lender’s website. Beside the peace of mind, the cost of being pre-approved is a bargain and generally, limited to the cost of the credit report.
Even if a person has been pre-approved, a second opinion from a different lender may be a good option. It can verify there is a good deal or you’ll discover that you can improve it. Either way, it works to your advantage. Contact me if you’d like a recommendation of a trusted mortgage officer.
By: PatZaby.com
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: buying a house, first time home buyers, homebuyers, homeowners, mortgage, orlando avenue top team, Orlando Sellers, pre-approval, sellers, Teri Isner
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October 3rd, 2017 by tisner
Relocating to a new city, or even a new area, can be hard enough without missing your old friends. Finding new friends and acquaintances can be easy if you put some effort and a little research in it.
Your New Neighbors
- Once you’re settled, go for a walk and introduce yourself when you see neighbors outside.
- Have a porch or front yard gathering on a weekend afternoon. Offer light, simple snacks and invite the whole neighborhood.
- Get outside and work on the landscaping, small DIY projects, or sit on the front steps with a good book. Your neighbors then have the opportunity to say hello.
- Just a few outdoor decorations can bring compliments from neighbors, always an easy way to start a conversation.
- If you have pets, especially a dog, they make great ice-breakers when you’re out for a stroll.
- Visit your local small businesses and you’ll see enough familiar faces over time that saying “Hello” will be easy.
- Ask your realtor if there’s a neighborhood community center, and call to see how you can get involved.
- Children make great conversation-starters. They love finding nearby kids to hang out with, and taking them for a bike ride is a great way to get to know other families.
- Host a fun, child-centered activity in your front yard with outdoor games and snacks. Invite the kids in the neighborhood and their parents, and they will come!
Your New Town
- Ask current friends if they know anyone in your new area, and get in touch with them.
- Contacts from local organizations–these can provide you with lots of information about your new hometown, as well as introduce you to new people.
- Search social media for events taking place in your area and go to them!
- Invite your new coworkers to lunch or coffee.
- Getting the kids involved in activities will connect you with locals and other parents.
- Hobbyists sometimes have get-togethers for like-minded people. Find a nearby group with your same interest, and join them.
- School parent organizations are a great place to meet other parents.
It seems that we are always busy working, or driving our children to so many activities, that a relaxing weekend in front of the tv sounds like the perfect down time. Getting to know who your neighbors are, however, can be invaluable to feeling at home in your new home, and only takes a little effort on your part.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: how to meet people, meeting new friends, moving, moving to a new city, neighbors, orlando avenue top team, Orlando Sellers, Relocating, Teri Isner
Posted in Just for Fun, Orlando Buyers | No Comments »
September 22nd, 2017 by tisner
There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.”
First American just released the results of a survey which sheds light on the reasons for the current lack of supply.
The survey asked title agents and real estate professionals to identify what they believe are the top reasons for this lack of inventory in their markets. Here are the results of the survey:
- 47% – existing homeowners are worried that they will not be able to find a home to buy
- 5% – first-time buyer demand is absorbing a large share of available homes
- 3% – existing homeowners’ mortgage rates are lower than the current rates
- 6% – insufficient or negative equity in the home
- 6% – foreign buyer demand is absorbing a large share of available homes
As the survey revealed, there is a shortage of current homeowners willing to put their homes on the market for one of three reasons (see numbers 1, 3 and 4 above).
Is this an opportunity for some homeowners?
The report on the survey explains:
“The crowd has spoken, and it seems in many markets home buyers and sellers alike are ‘imprisoned’ by the lack of housing inventory.”
That leaves a tremendous opportunity for every homeowner not facing these concerns. If you can put your home on the market today, you are subject to far less competition than at any time in recent history. That will result in your home selling quickly and for the highest possible price.
Bottom Line
While many homeowners are feeling imprisoned for multiple reasons, those who are not handcuffed by these concerns have a once in a lifetime opportunity to sell their houses at a peak selling time.
By: KCM Crew
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: buyer demand, home sellers, homebuyers, homeowners, housing market update, orlando avenue top team, Orlando Sellers, Teri Isner
Posted in General Real Estate, Orlando Buyers | No Comments »
September 18th, 2017 by tisner
By and photo credit: www.nar.realtor/infographics
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: football fans, home sellers, homebuyers, homeowners, National Association of Realtors, orlando avenue top team, Orlando Sellers, real estate, Teri Isner
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September 8th, 2017 by tisner
TurfMutt, the official spokes dog for the Outdoor Power Equipment Institute, knows that fall is the time to get the family yard prepped for spring. He encourages homeowners to do these four tasks this fall so they can have a fabulous family yard next spring. Homeowners who plan to put their home on the market in the spring will find these fall actions will spruce up their yard for spring.
Mulch your leaves — instead of raking and bagging them is good for the family yard and the environment. As leaves decompose, they feed your lawn.
Keep cutting your grass until the first frost— mowing at about 2-3” keeps your family lawn healthy when it turns cold.
Aerate in the fall — this ensures water, oxygen and nutrients can get to the grass roots in your family yard.
Install smart controllers on irrigation systems to help conserve water – your family yard needs about an inch of water per week, even during the fall.
We hope you will consider sharing the infographic “Family Yard Fall To-Dos” with your readers and followers.
For more information about our living landscapes and the family yard visit www.savelivinglandscapes.com.
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Tags: curb appeal, home maintenance, home sellers, homebuyers, homeownership, orlando avenue top team, Orlando Sellers, Teri Isner, yard maintenance
Posted in Home Tips from Teri, Orlando Buyers | No Comments »
