Many homes in SE Florida are historic landmarks, built from 1920-1950. The Mediterranean & Spanish Mission homes have features including pecky cypress doors and ceilings, arched windows and doors, original fireplaces & hardwood floors. Discover properties to compare that are or may become historic footnotes & interesting properties of note elsewhere. Luxury Homes Specialist Marilyn Jacobs can find you a wonderful home in SE Florida, old or new. 561-302-3388.
NAR: A GOOD DAY FOR HOUSING… September 18, 2007
Along with “the FED” cutting the discount rate by half a percentage point, the House of Representatives passed the Expanding American Homeownership Act of 2007, HR 1852, offering homeowners a safer alternative to risky mortgage products, helping homeowners who may be facing foreclosure, increasing loan limits and eliminating the statutory 3% minimum cash down payment.Mortgage modifications will allow borrowers to change mortgage terms so they can afford to stay in their home.“Partial Claim” programs will cure a loan default with the FHA lending the borrower money with a no-interest loan due when the property is sold or paid off.The National Association of Realtors (NAR), America’s largest trade association, represents 1.3MM+ members involved in all aspects of residential and commercial real estate and is known as “The Voice for Real Estate.”