Condo Q&A: Can Domestic Partner Run for HOA Board?
Also: Can a treasurer, on her own, give cash gifts to outgoing board members? And does a law require owner notification before sending assessment issues to an attorney?
Fed: Low Loan Rates Led to Refis, but Fewer Blacks Did So
3 Fed banks looked at home refis in the first 9 months of 2020. They found that 6% of Black borrowers switched to a lower rate compared to 12% of white borrowers.
Facebook Advertising: What Should Realtors Consider?
Few online advertiser provide access to more people than Facebook, and they offer a range of ad types. The simplest: Post something on your page and pay to “boost” it.
Home Equity Loans Barely Ding Credit Scores
Borrow money to fix up a home prior to sale? Sellers planning to buy again could hurt their credit score – but the impact isn’t huge and it takes a few months to show up.
Buyers Usually Can’t Get Insurance if Storms Threaten
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.
Q&A: After Surfside, What Should I Know About Condos?
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.
40-Year FHA, VA Home Loans Coming in October?
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.
Drop Your Homeowners Insurer for State-Owned Citizens?
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.
Phone Running Out of Juice by Mid-Afternoon?
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.
iBuying Returning to Pre-Pandemic Levels
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.