10749 Denali Dr, Clermont, FL 34711

Save Your Financial Future!

The real estate market has changed significantly in the last 12 months. While a lot of the news is positive, there are still people in our market that are in danger of losing their home to foreclosure. I don't want these homeowners to be ignored!

I have a report entitled "Save Your Financial Future! 5 Ways to Beat Foreclosure and Avoid a Damaging Credit Collapse" which explains the options that are available to homeowners who are in distress. Download the report here, and then contact me to find out what options are best for you!

Visit our website at:The CTC Team
Or mine for more Information on Real Estate : SouthLakeProperty

Why people are lining up to buy your home!

Today's real estate market is very different than it was a year ago. Prices have increased rapidly over the past 6-8 months. In fact, the average home has gone up over 10% in the past year, a rate that is expected to continue for the foreseeable future. Low inventory combined with an increased number of people wanting to buy means that sellers are in the driver's seat in today's market.

I have a report which explains in detail why prices have gone up and why your home might be worth more than you think! The report is entitled "Think You Can't Sell Your Home? Think Again!," and I believe you'll be surprised by when you download and read the report. Once you are done, contact me today for a free market analysis.

Check out our website:  http://thectcteam.com/

Information from the CDPE Site.

2330 Mountain Spruce Rd, Ocoee FL

2330 Mountain Spruce St This well maintained 4/2 pool home is loaded with upgrades. There's a new high efficiency HVAC, radiant barrier in attic, and tank less water heater to keep the electric bill low. The house has built in entertainment centers, 2 fireplaces and a stereo/intercom system. The open great room looks into the spacious kitchen with upgraded kitchen cabinets and an island to give you that extra space you need when cooking/entertaining. The large master suite has sliding glass doors out to the screened in pool that overlooks the privacy fenced back yard. The master bathroom has double sinks, a garden tub and separate... shower. There is lots of ceramic tile throughout the house and practically new carpet in the bedrooms, living room and great room. House is in great condition, it's ready for you to move in and enjoy. This house is an easy commute to the Theme Parks in Orlando and for the bike/walking enthusiasts it's near the West Orange Trail.

Credit Do's and Dont's During the Loan Process

Good credit is critical when it comes to obtaining the best interest rates and terms on a mortgage. Here are some Credit Do's and Dont's when looking for home financing.

• Do stay current on existing accounts. One 30 day notice can cost you.

• Do continue to use your credit as normal. If it appears you are changing your pattern it will raise a red flag and your score could go down. 
• Do call your Loan Originator. Call before making any address or credit changes that may affect your score.
• Don't apply for new credit. Every time you have your credit pulled by a potential creditor or lender you can lose points from your credit score. This includes co- signing for a loan.
• Don't pay off collections or charge- offs. If you want to pay off old accounts do it through escrow. Request a "letter of deletion" from the creditor.
• Don't close credit card accounts. If you close a credit card account it may appear that your debt ratio has gone up. Closing a card will affect other factors in the score, including credit history.
• Don't max out or over charge credit card accounts. Try to keep credit card balances 30% below their limit during the loan process. If you pay down balances do it across the board.
• Don't consolidate your debt. When you consolidate all of your debt onto one or two credit cards it will appear that you are "maxed out" on that card and you will be penalized.

Check out my website: www.SouthLakeProperty.com
This Information was given to me by a good friend Colleen Weatherbee.

Do You Know The Top 10 Mistake That Can Ruin Your Mortgage Application?

1)Do not change jobs. Do not become self-employed and do not quit your job.  

2)Do not buy a new Car, Truck, Van or RV. If you do, you may end up living in it.  

3)Do not use credit cards excessively. Do not let your current accounts fall behind.  

4)Do not spend money set aside for closing. 

5)Do not make one late payment on anything. If you do, you could end up not qualifying for an entire year.

6)Do not buy new furniture. Wait until you have your new house to put it in.  

7)Do not initiate any inquiries into your credit. If you give your Social Security number, they are probably looking at your credit.

8)Do not make any large Deposits before checking with your mortgage loan originator. 

9)Do not change bank accounts. 

10)Do not co-sign a loan for anyone. This is a well- known factor that everyone should keep in close mind if you are planning, or are going to sell a home, or buy it.

Short Sales Explained

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.
But to be technical, here's a more official definition:

• A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
• A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.

For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances:

• Financial Hardship – There is a situation causing you to have trouble affording your mortgage.
• Monthly Income Shortfall – In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
• Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

This seems simple enough, but it is a complicated process that takes the expertise of experienced professionals. we hold the CDPE® Designation and are ready to identify all possible options and, when possible, assist in the quick execution of a short sale transaction.
If you have questions or feel you may qualify for a short sale, please contact one of our team members for a free consultation.
Understanding your options now could mean all the difference in the world.

This is a personal message from the CTC Team, check us out (Colleen and Tracie) at The CTC Team.