Advice for buyers and sellers, from Justin Ruzicka

FHA Loans

What Stops Me from Budgeting

Greenville Realtor is

Budgeting is often thought of as a bad word. I know it my household it rarely gets used. But why is it that we all tend not to do Monthly Budgets. Fear: We are afraid of the truth…that this pay check to pay check lifestyle is actually not sustainable.   (But I have been doing it […]

Full Time Real Estate Agent

Full Time Real Estate Agent

You might be considering to buy a home in Southwest Florida.  You are here on vacation at one of the many Waterfront Properties in Cape Coral, FL or you are spending time on Fort Myers Beach and you dream of living here.   After all in the middle of winter when it is snowing everywhere […]

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 […]

FHA Financing – Condominiums i...

FHA Financing –  Condominiums in Fort Myers

FHA Financing for Condos located in Fort Myers Florida.

Good Faith Estimate or GFE

Good Faith Estimate or GFE

Justin Ruzicka the offers help to first-time buyers, investors and second home purchasers who are looking at Good Faith Estimates and understanding the purpose of a GFE and how to find out the costs for getting a loan on a home you are looking to purchase.

Fort Myers Home Values Increase 30%

Fort Myers Home Values Increase 30%

National Housing Numbers Rebound and Lee County Home Values increase over 30% year over year in August, 2012. Good news from the association included the higher selling prices of traditional homes that helped boost the area’s overall median price, an increase of 30.9 percent in August to $127,000 from $97,000 a year ago. It was the sixth month in a row that the median price has been above $125,000.

“The market indicators are up in Southwest Florida,” said Marion Briggs, association president, in a statement about the local numbers. “For the past six months the median price has remained above $125,000, due largely in part to the fact that traditional properties have been the majority of our single home sales, which is very good news.”

FHA Mortgages

FHA Mortgages

FHA Mortgages, Fannie Mae, Freddie Mac, USDA Home Loans.

Acting Federal Housing Administration (FHA) Commissioner Carol Galante announced a new premium structure for FHA-insured single-family mortgage loans: FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount. Upfront premiums (UFMIP) will increase by 0.75 percent.

The premium changes will impact new loans insured by FHA beginning in April 2012. Details will soon be published in a Mortgagee Letter to FHA-approved lenders.

Happy First Time Home Buyer Cape Cora...

Happy First Time Home Buyer Cape Coral

If you are first time home buyer and every home you look at needs repairs or work to make it livable this is a great way to purchase a home, and have the work done and make it your Family’s Home!! If you need help finding a qualified mortgage broker to work through the FHA 203K program please let me know, fill out my contact form and I would be happy to email the mortgage broker I work with on these types of loans. It is a tricky process, and you need an expert mortgage banker to work through the FHA 203K financing, so please do not hesitate to ask for me for that info.

First Time Buyers | Credit Scores for...

First Time Buyers | Credit Scores for Buying a home

If you want more information on how to ensure your credit is looking good or to check your credit to see if you qualify for a home as a first time buyer or even a buyer who has gone through a short sale feel free to fill out the Contact Form so we can chat.

I love helping first time home buyers purchase a home in Fort Myers Florida, Buckingham area, even Cape Coral, Bonita Springs and Lehigh Acres. Thanks for reading my blog, I appreciate your comments and as always every comment is responded to.

Another Short Sale Approved and Close...

Another Short Sale Approved and Closed

Today was a great day for Justin Ruzicka the House-Guy, your Fort Myers Realtor and Short Sale Expert.  Why was today such a good day? It was because we closed a short sale for a home owner in Lehigh Acres FL.  These home owners were in such a difficult situation with their home; they were […]