Advice for buyers and sellers, from Justin Ruzicka

Home Financing

Difference between Micro and Marco Ec...

Difference between Micro and Marco Economics

I am reading this great book, Economics in ONE LESSON, by Henry Hazlitt. The irony  is Economics class in College was the hardest course for me, well maybe Statistics was a little more challenging but that was because, all you had to do was “REJECT or FAIL TO REJECT,” that’s it…Inside Joke for those who […]

Economics 101 – Division of Lab...

Economics 101 – Division of Labor

It is tough talking in terms of “theory” as it makes it hard to conceptualize, so instead lets talk about real life. However we have to use something that we both have in common that is close to our heart…so do you know of a good firefighter? I’m not talking about the guy who just […]

Mortgage Payments | Conventional Loan...

Mortgage Payments | Conventional Loans

I am a fan of Dave Ramsey and statement “do the math stupid.” OK, it’s not nice to offend people, so I am sorry about that.   Besides I am not saying you the reader are stupid…OK, the point of my post is comparing a Mortgage Payment with 15% down compared to $20% down. If you can […]

Top Tips to INCREASE your Credit Scor...

creditscorechart

When you are considering the purchase of a home or residence including a condo or town home the biggest challenge is money.  We never seem to have enough money,  do you have $200,000 in Cash sitting in the BANK?  Of course not.  Why would you…If you had $200,000 in liquid assets it would likely be […]

Closing Documents

Closing Documents

You are buying a house or condo in Fort Myers, Cape Coral, or Bonita Beach Florida, and you are wondering; “what will I be signing at closing table?”  I mean the real estate process is scary and then even more intimidating when getting a loan, it all boils down to the “closing table.”   Here […]

Truth on Home Mortgage Payments

Truth on Home Mortgage Payments

Understanding your home mortgage: Data based on $200,000 Purchase Price, $20,000 down payment resulting in: 30 year, $180,000 home loan at 5.5% Interest (no taxes or insurance are taken into consideration in this article, and there is no PMI). Your monthly Loan Payment will be $1022, multiply that by 360 payments (30 years) = $367,920 […]

Refiance your Mortgage…or NOT?

Refiance your Mortgage…or NOT?

We humans haven’t changed to much over the past 100 years and surely not much in the past 10 years.  We still want better homes for our children, we want our kids to attend better schools than we did, we want our lives to be ‘easier’ than it was for our parents and yet in […]

Rate of Absorption

Rate of Absorption

Knowing the Rate of Absorption also indicated by months of Inventory is a helpful indicator of the Real Estate Market.  Is it a “buyers” market, with inventory levels exceeding 7 months.  OR is it a “sellers” market with inventory levels under 6 months which is equivalent to homes selling faster than hot cakes at McDonalds.  […]

Top 3 for all First Time Buyers

Top 3 for all First Time Buyers

Fort Myers Realtor helps with three key items every first time buyer needs to know.