Having a Daytona Beach insurance policy is vitally important to both mortgage lenders and property owners. And no subject is quite as controversial as "force-placed" or "lender-placed" insurance coverage. As the name implies, lender-placed insurance is a policy implemented by the mortgage holder in the event the homeowner has insufficient coverage or allows the coverage […]
Daytona Beach Home Improvement Market Grows
More Daytona Beach home improvement buffs are becoming "do-it-yourselfers" than ever before. According to a recent survey conducted by the Harvard Joint Center for Housing Studies, the home remodeling and repair industry is expected to reach $325 billion this year for the first time since 2007. Why is the Daytona Beach Home Improvement Market So […]
How Much Daytona Beach House Can You Afford?
Many Daytona Beach house hunters are entering the home market due, in part, to low interest rates. One of the most commonly asked questions of home buyers concerns how expensive a house they can afford. This video offers a little advice on how you can best determine the answer. Daytona Beach House Search: Remember These […]
Daytona Beach Mortgage Misconceptions
Whether it's a topic like the Daytona Beach mortgage industry or another subject, we live in an information-rich environment. The Internet, 24-hour cable news stations and a burgeoning social media network keeps Americans in touch with available information almost instantly. Yet the endless wealth of information at our disposal also means there's a glut of […]
Daytona Beach Homebuyers Playing Waiting Game
The effects of a down economy over the past few years has taken its toll on first-time Daytona Beach homebuyers. Industry experts cite the inability of young Americans to accumulate savings for down payments and an unstable job market as major reasons. The result is they are sitting on the sidelines longer than ever before […]
Your Daytona Beach Home Inspection Checklist
A Daytona Beach home inspection is not only a good idea, but it’s usually a requirement before purchasing. The purpose of a home inspection is to check out all the basic elements of the home. A good home inspector will make recommendations if he sees something that needs attention or isn’t quite up to par. […]
HARP 2.0 and the Daytona Beach Mortgage Market
The Home Affordable Refinance Program, or HARP, was instituted in March, 2009 and became a moderately successful tool for homeowners in the Daytona Beach mortgage market as well as other markets all across the United States. Help for Daytona Beach Mortgage Borrowers Because of fairly conservative loan-to-value restrictions, HARP was improved to HARP 2.0 in […]
Daytona Beach Home Improvements May Hurt Home Value
When you're considering Daytona Beach home improvements it's always a good idea to compare the cost of the renovations to what they may add to the resale value. Statistics show that homeowners rarely enjoy a full, dollar-for-dollar monetary appreciation of the cost of most home improvements. Some improvements may assist in selling your home when […]
Daytona Beach Home Technology Features
When you grow up immersed in a technological world, it’s only natural that you come to rely on and expect even more Daytona Beach home technology. Prospective millennial home buyers — that segment of the population in the 25-35 age range — are becoming more interested in homes with smart technologies and the latest gadgets. […]
Home Auctions in the Daytona Beach Real Estate Market
You may have read about auctions as a unique way of selling certain homes in the Daytona Beach real estate market. Some creative home sellers have employed this option as an alternative to a traditional listing. A Closer Look at Daytona Beach Real Estate Auctions There are basically two different types of auctions: "with reserve" […]
