Many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less. For the buyer, that could require a financial leap of faith that the home is a solid investment. It also means they may need to come up with additional cash at closing to cover the gap.
How does a lower mortgage rate save you money? According to Trading Economics, the average new mortgage size in the United States is currently around $410,000.2 Let’s compare a 5.0% versus a 6.0% fixed-interest rate on that amount over a 30-year term.
We took a day trip and went out to Bok Tower Gardens. Its about a 1 hour and 20 minute drive from Orlando to the Bok Tower Gardens historical landmark in Lake Wales. Through the inspiration of Mr. Edward William Bok and the vision and design of Frederick Law Olmsted Jr. “Bok Tower Gardens has offered some ofContinue reading “A Visit to Beautiful Bok Tower Gardens and EL Retiro by Todd Mowry Your Local Orlando Area Realtor”
New Build or Existing Home: Which One Is Right for You? Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale. Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is farContinue reading “Looking for a New Build? Read This First. -Todd Mowry Local Orlando Realtor”
According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated $3 billion in combined property losses.1 Fortunately, there are some proven tactics you can use to decrease your likelihood of a home invasion. Most burglars won’t go to extreme lengths to enter aContinue reading “Shut Down Home Intruders With These 7 Safety Strategies- From Todd Mowry Your Local Orlando Realtor”
Here is a Central Florida Real Estate Market Update for June 2021 There is a new low for listings days on market, and it happened this June. A new low of 29 Days on Market is a new post recession of 2007 low. State of the Market for June 2021 Here is what is goingContinue reading “Central Florida Market Update for June 2021”
There are various things to look for on your home tour with a Realtor. You should look at all the usual things like the kitchen, baths, layout, rooms and the backyard… but there are also things that you should look at on your tour that can save you a lot of time and money ifContinue reading “Major Things Buyers Should look For When Taking A Home Tour with a Realtor.”
Don Julio’s in the Rio Pinar Plaza is a very reasonably priced, fun, bar and restaurant. They have tasty Margaritas, excellent salsa, and hearty portions of food. They have a great Happy Hour and are always busy. The salsa is fresh and the chips are cooked to order. It is a great restaurant in theContinue reading “Great Mexican in Orlando: Don Julio’s Mexican Restaurant in Rio Pinar Plaza By Todd Mowry Local Realtor”
FOR SALE IN CASSELBERRY… SELLERS UPDATE !! THIS HOME IS SOLD !! EXIT REALTY MAGIC CITY WITH TODD MOWRY TEAMED UP WITH HOME EXPO REALTY AND GOT THIS HOME SOLD!! Search Homes in Casselberry FL HERE. Search Homes in Orlando HERE. Don’t wait while your neighbors sell their homes for great prices…Get your home soldContinue reading “1421 Fairway Oaks Dr Casselberry =SOLD !!! Todd Mowry Local Realtor”