Changes in the Mortgage process August first.

Many have heard that the whole Mortgage process is changing in August. If you have not and know someone who may be thinking of buying a Home or refinancing; the big change is the disclosures. Be mindful and please feel free to share. see this link http://files.consumerfinance.gov/f/201503_cfpb_your-home-lo…

A Great time to Refinance or Buy. Shock US jobs figures force Yellen to put rate hike on back burner

See this link

A true Story on FHA

A couple contacted me and wanted to know if there was anything that I could suggest for their situation. They had a high interest rate FHA loan and their mortgage balance was more than the market value of their home. I did have several suggestions for them. One option fit their situation since they plan to stay in their home for the next 3 to 5 years. Because they have been making their payments on time, the FHA refinanced their home loan at the current lower interest rates. This is saving them several hundred dollars a month! Whatever your situation, let me (Mr. Will from Jacksonville) help guide you through the options you may have for a new or refinanced mortgage. That’s what we Mortgage Professionals are trained to do – help you get a new mortgage or update your current one.

Credit errors wonder how to fix

Instructions to help undisputed items on credit report. From our Sales manager Julie Payton at one of our office Roundtable meetings.

Experian 888-210-9101 and 866-673-0140, is answered by a live human being, tell them you need the National Consumer Assistance Center to end the dispute(s), hours are 8AM-5PM Pacific time and up to 72 hours to remove disputes. (e-mail confirmation will be sent when done). Equifax 404-885-8300 is answered by a live human being, tell them you need to speak with someone in the Executive Consumer Service Department. Up to 72 hours to remove disputes. TransUnion 312-985-2000 is has a machine greeting but just stay on the line and you are transferred to a live person, tell them you need to speak with someone in the Special Handling Department for instant removal.

Renting?? Need to know

From a dear friend in the insurance industry. T.J Jones a great guy and if you need his information please let me know.

Renters Insurance is Needed and Often Required

Buying renters insurance is very easy and inexpensive. Often, just a call to
our office is all that is needed. But many renters forget about, or do not feel
the need for,renters insurance. Often, tenants have a false sense of security
thinking that they will automatically be covered if something were to happen to
the home that they are renting. Sadly, many young people fail to buy renters
insurance because they mistakenly think it's too expensive.

Please do not wait until it is too late, purchase renters insurance today.

What Does Renters Insurance Cover?

Renters insurance
covers your personal property such as clothes, computers, electronics,
furniture and more. If your property is damaged in a fire or stolen, renters
insurance can be there to help you. The policy also covers your property when
it is away from your home; for example, if your laptop is stolen or damaged due
to a covered peril when you take it with you on vacation.

Renters insurance also covers your personal liability. If someone is injured
while in your apartment or condominium you can be held liable. You may be
responsible for medical bills and could be subject to a lawsuit.

If your apartment building is destroyed by a fire, you may need additional
living expenses and renters insurance can provide that too. Your policy can pay
for necessary increases in living expenses incurred so that your household can
maintain its normal standard of living.

Your landlord may require renters insurance as part of your lease agreement.

Replacement Cost

Always buy replacement cost coverage on your
property. This will reimburse you for the full cost of replacing your
possessions. An insurer will not depreciate the value of your possessions in
this coverage.

Real Estate Appraisals (Part One) a great Video when Buying or Selling