Is a Down Payment Assistance loan right for you?

October 15, 2019

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Not having enough cash to make a down payment on a home is a common concern. But it doesn’t have to be the end of the road! I recently spoke with Mark Sherman of Atlantic Trust Mortgage, who provided valuable insights on another option: a DPA (Down Payment Assistance) loan.

 

Mark said in addition to understanding the ins and outs of traditional loan products (e.g. Conventional, Jumbo, USDA, VA, FHA), mortgage brokers are also responsible for being well-versed in a variety of niche and first-time homebuyer products. This includes knowing how and when these alternative products are valuable to buyers.

 

Key among these products is the DPA loan. Though there are 3% down, 3.5% down and even 100% conventional, government and USDA financing options, some buyers still can’t cover the down payment and closing costs. However, they might have good credit and the necessary income to qualify for the monthly payment.

 

For these buyers, Mark says the DPA portion of their financing is provided as a “second” mortgage “grant” that requires no payment (or a reduced interest-only monthly payment). Then they can apply the funds from their “grant” to their down payment and closing costs. In many cases, the buyer needs no cash at closing.

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Congratulations to all of our tops producers for September and the 3rd quarter!

October 9, 2019

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Our Top Producer with the most closings for September is Suzy Evans. Suzy helped 6 families make a move this month. She is also our Top Listing agent for the quarter.

 

The Top Sales Agent for the month is Rebecca Schaffer. Rebecca helps families in her neighborhood, Palencia and also around World Golf Village and Ponte Vedra Beach. Rebecca had the most contracts written this month.

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Easy ways to boost your curb appeal…this weekend!

October 1, 2019

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When home sellers think about improving curb appeal, it can be easy to get overwhelmed. New exterior paint? New landscaping and sod? New driveway? Sounds exhausting and expensive.

 

But it doesn’t have to be!

 

If you’re planning to sell your home in the near future but worry about the time and expense of enhancing your curb appeal, there are plenty of easy ways to spruce it up—without breaking the bank.

 

Here are six easy curb appeal enhancements you can knock out this weekend with a trip to the home improvement store:

 

1.) Pressure wash your exterior. For some jobs, a water hose just won’t do. Be sure to spray all surfaces including the eaves and driveway; just avoid easily damaged areas like caulking around doors and windows as well as roof shingles. Don’t forget to wash the fence as well! You will be shocked at how much a good washing can make your home sparkle. Home Depot rents out electric pressure washers for just $38 per day.

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Congratulations to our TOP Producers for August!

September 18, 2019

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Posted by in News

As summer winds down and school begins, our top performing agents are still working hard.

 

Jennifer Todd is our Top Producer for August with the most closings for the month. Her closings were in the World Golf Village area and the Jacksonville Beach area. Jennifer was also our top sales agent for the Jacksonville Beach office.

 

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Pros and Cons of Living in a Master-Planned Community

September 17, 2019

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Master planned communities continue to pop up all over Northeast Florida, offering a new option for buyers seeking a beautiful home and sense of community.  Just some of these communities include eTown, Nocatee, Wildlight, Beachwalk, RiverTown, Shearwater, Tamaya, TrailMark, Palencia, OakLeaf Plantation, World Golf Village and many more.

 

While there are plenty of upsides to master-planned community living, there are also a few downsides you may want to consider when making the move to one of these communities.

 

Pro: Nearby amenities and services

Perhaps the most highly regarded of pros people cite for living in a master-planned community is convenient proximity to stores, service providers and amenities. Gone are the days of driving 20+ minutes to one store! In a master-planned community, almost everything you need from Publix and dry cleaners to a UPS store and elementary school are just a short drive, bike ride or walk away.

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