Thursday, May 26, 2011

Affordable beach home for $69,000

WOW, very affordable vacation get a way home located near the beach for only $69,000
Two bedrooms, two baths built in 1978 offers 1071 living square feet.
For more information of area homes for sale in the greater Daytona Beach area and surrounding communities go to http://www.beachhomesdaytona.com/

Sunday, May 15, 2011

What can you buy for $68,900 near the beach???

Ground floor unit in ready move in condition located near the beach and major shopping. ***Affordable vacation get-a-way***Dock for daily use of fish for your dinner***Community pool*** Beautiful new kitchen with high quality cabinets that>>> self close drawers.<<< Newer appliances, new tiled floors, new bath (vanity and toilet), new light fixtures, new crown molding and baseboards. .***SOLD FURNISHED*** All measurements are approximate. Great value!!! $68,900
Multiple listing number 516518
For more information of local real estate of homes for sale in the Greater Daytona Beach Area and Ormond Beach real estate go to http://beachhomesdaytona.com/

Friday, May 6, 2011

Art in the Park-free event!

Bring everyone and enjoy art in the park at Rockefeller Gardens Park in Ormond Beach, Fl 32176
25 Riverside Dr. Ormond Beach
Jewelry, baskets, Oils, Pastels and sooo much more.

For more information of area real estate of ocean front homes, river front homes, golf course homes and vacation homes go to  http://www.beachhomesdaytona.com
Great time to pick up a bargain.

Tuesday, May 3, 2011

Beach homes are affordable.

To search for beach homes, ocean front homes, golf course homes, vacation homes, condominiums and all other real estate in the Greater Daytona Beach area for more information go to http:///www.beachhomesdaytona.com

Many borrowers lack mortgage knowledge.

SEATTLE – May 2, 2011 – A recent survey by Zillow Mortgage Marketplace found that borrowers who received a home loan in the past five years spent, on average, five hours researching their options. That’s about half the amount of time borrowers spent researching a car purchase (10 hours). What’s more, nearly one-third spent two hours or less, according to Zillow.

While a home purchase is typically one of the largest investments people make, the lack of mortgage knowledge can be a costly mistake, experts say.

Here are a few basics about home loans that more customers need to understand.

1. What type of mortgage do you have?
Alarmingly, some people don’t know whether they have a fixed-rate mortgage or adjustable-rate mortgage. Unlike a fixed-rate mortgage, an ARM can have low rates early on that later rise significantly over time, which from a financial planning perspective can become a costly surprise if the borrower isn’t even aware they have one.

2. Do you have mortgage insurance?
Homeowners who purchased a home with conventional financing and a downpayment of less than 20 percent may not realize that they likely are probably paying private mortgage insurance, which costs about $25-$100 extra a month. Once homeowners have sufficient equity in their home (20 percent), they no longer need to pay mortgage insurance and should contact their lender for some savings.

3. Do you understand all of your loan options?
Many borrowers don’t understand all of the loan options available to them – conventional loans, FHA, VA, USDA, etc. Experts recommend researching and comparing various mortgage rates and loan types to see what works best for each specific situation.

4. Is there a prepayment penalty?
Some loans have a prepayment penalty if a borrower pays off the loan earlier than intended. Typically, prepayment penalties are charged when borrowers sell or refinance their homes in the first few years of the mortgage. FHA, VA and USDA loans do not have prepayment penalties. But it’s important homeowners with other mortgages become aware whether their loan has a prepayment penalty and understand the pros and cons of accepting such a penalty, experts note.

Source: “5 Things to Understand About Your Home Loan,” Zillow.com (April 19, 2011)

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For more information of homes for sale in the Greater Daytona Beach Area of ocean front homes, river front homes, golf course homes or beach homes go to   http://www.beachhomesdaytona.com

Monday, May 2, 2011

Own a condo at the beach and collect income at the same time!

http://www.dabmls.com/day/maildoc/sd_0Ta9xp20110502150040.html

Click on the link to view condotel listings.
What is a condotel?
A hotel room converted to a condominium which rents out daily.
You own the unit and can use as you desire and then when not in use you put it in the rental program
and collect income to help offset ownership expenses.

For more information of area real estate of homes for sale in the Greater Daytona Beach Area and surrounding communities of ocean front homes, river front homes or golf course homes go to
http://www.beachhomesdaytona.com/