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Daily Archives: July 2, 2021

Buyers Usually Can’t Get Insurance if Storms Threaten

Florida RealtorsBy July 2, 2021

Transaction reminder: If a hurricane threatens Fla., property insurers won’t issue new policies, so lenders won’t issue new loans. But the rules vary by insurer.

Phone Running Out of Juice by Mid-Afternoon?

Florida RealtorsBy July 2, 2021

Certain apps may be draining the battery. And if your phone seems sluggish, check available memory. Some apps take a lot, which can slow down operations.

Drop Your Homeowners Insurer for State-Owned Citizens?

Florida RealtorsBy July 2, 2021

Some homeowners have no choice, but others can choose Citizens. In many cases, Citizens will save them money – but it comes with important caveats about claims.

40-Year FHA, VA Home Loans Coming in October?

Florida RealtorsBy July 2, 2021

Ginnie Mae – the funding arm behind FHA and VA loans – created a new “pool type” to secure “modified loans with terms up to 40 years.” It’s essentially the funding groundwork to release a new type of 40-year loan that Ginnie Mae expects to start offering in October.

Q&A: After Surfside, What Should I Know About Condos?

Florida RealtorsBy July 2, 2021

Shaken by the recent disaster in Surfside, many condo owners wonder what they don’t know but should. A Q&A with specialists and attorneys provides some answers.

iBuying Returning to Pre-Pandemic Levels

Florida RealtorsBy July 2, 2021

It rose 21% quarter-to-quarter nationally, though down 6.1% year-to-year. In three Fla. cities noted in the study, about 1 out of 100 sales go to iBuyers.

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