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What is a good credit score?

A good credit score is not the only item in question when buying a home, but it is a major one. So, what is a good credit score? Generally, a FICO credit score of 700 is considered good. The national average credit score has been slowly growing since the 2008 recession. In 2018 the average … Continue reading What is a good credit score?

The Basics of Rent-to-Own Agreements

Beneficial to both tenants and landlords, rent-to-own agreements provide tenants the option to purchase a rental property after living a specified amount of time at that residence. While such contracts commonly involve single-family homes, they can also be applied to apartments, condos, and duplexes. To better understand how such an arrangement can benefit you, here … Continue reading The Basics of Rent-to-Own Agreements

How to Avoid Mortgage Default

Not only does paying late and defaulting on your mortgage loan lower your credit score, but it also makes it more difficult for you to refinance or obtain another loan in the future. Even worse, the lender could repossess your home and sell it. While unexpected events happen such as job loss or illness, defaulting … Continue reading How to Avoid Mortgage Default

2019 Orlando Home Buying Forecast

As new construction continues, employment steadies, and U.S. wages rise, we can expect to see many Americans buying homes in 2019. Whether someone wants to live an active lifestyle downtown or a more relaxed one close to the beach, the Central Florida housing market is a compelling real-estate investment choice for both locals and those … Continue reading 2019 Orlando Home Buying Forecast

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