Saturday, September 24, 2011

Thursday, September 22, 2011

Gorgeous home with room for the whole family.

Click here for more details
Gorgeous home

For more information of area homes for sale on the golf course, near the beach or ocean front homes or condominiums go to http://www.beachhomesdaytona.com/

Wednesday, September 21, 2011

Direct ocean front condo only $199,000

Click here for more details

For more information of area homes for sale in the Greater Daytona Beach Area of golf course homes
ocean front properties or foreclosures.
http://www.beachhomesdaytona.com/

Super affordable vacation getaway

Click to view all property details.



For more information of homes for sale, foreclosures or golf course homes go to beachhomesdaytona.com

Tuesday, September 20, 2011

MLS 512694

MLS 512694

VERY AFFORDABLE Condo unit located at the beach.
Walk out unit just a few steps to the sand.
Major shopping across the street.

For more information of homes for sale, foreclosures
or golf course homes go to http://www.beachhomesdaytona.com

Monday, September 19, 2011

MLS 512605

MLS 512605

River and pool view condo just two blocks from the beach.
Sold furnished.
Super affordable home or vacation get a way.

For more information of area homes for sale go to http://www.beachhomesdaytona.com

Saturday, September 17, 2011

Florida bouncing back, and recession not likely, report says

MIAMI – Sept. 16, 2011 – Florida’s improving economy should avoid recession, even as the recovery fights significant headwinds from a devastated real estate industry.

That’s the conclusion from the latest outlook for the Sunshine State by Wells Fargo, which sees South Florida and Tampa leading the rebound in hiring this year. Both markets have seen modest job growth in recent months, and payrolls are up about 1 percent in both regions during the last three months.

“Florida is slowly battling back from its worst recession in modern times,’’ the report reads. Wells Fargo expects economic growth to hit 2.2 percent next year in Florida, despite growing anxiety that the nation is heading for a second recession.

The Wells Fargo report credits a strong rebound in foreign tourism for Florida’s improving fortunes, with South Florida and Orlando enjoying outsized boosts from their popularity with travelers from Europe and Latin America.

Still, South Florida gets special mention in the report as a particularly troubled region. “South Florida’s recovery from the Great Recession has been painfully slow,” the report reads. Among the biggest problems Wells Fargo cites: nearly 40 percent of the region’s mortgages are either in foreclosure or at least 90 days overdue, compared to the national average of 11 percent.

Copyright © 2011 The Miami Herald, Douglas Hanks. Distributed by MCT Information Services
For more information of homes for sale on the ocean, river front homes, golf course homes or condominiums or foreclosures go to http://www.beachhomesdaytona.com/

Monday, September 12, 2011

Realtors honor 9/11 victims and families.

NEW YORK – Sept. 9, 2011 – As the nation honors the victims of 9/11 on the attack’s tenth anniversary, Realtors look back in sad remembrance but also with a certain pride for the way the Realtor family came together to help the victims’ families.

Within 24 hours of the attacks, the National Association of Realtors® created the Realtors Housing Relief Fund (RHRF) with a single goal: to make sure no families touched by the attacks lost a home. Within six days, it collected $1.7 million. The fund still exists today as the Realtors Relief Foundation.

“(Sept. 11) was our Pearl Harbor,” says 2001 NAR President-Elect Martin Edwards. “(NAR President Richard Mendenhall and I) agreed that Realtors were going to want to do something to help this country.”

Edwards and Mendenhall called in then Chief Financial Officer Dale Stinton and Frank Sibley, senior vice president of communications and convention. They reached out to the state associations affected by the terrorist attacks, and they created a mission: No family would lose its home as a result of the attacks. NAR would collect funds to help surviving family members pay their mortgage or rent for a defined period as they tried to get their lives in order.

The Realtors Housing Relief Fund officially launched on Sept. 12, 2001 – the day after the attacks – with 100 percent of all funds promised to surviving family members. NAR kicked off the fund with a $1 million donation, but money also poured in from local and state associations, and from individuals.

“I was the executive vice president of the Massachusetts Association of Realtors on 9/11,” recalls Florida Realtors CEO John Fridlington as the staff took a moment to remember the tragedy. “Since two of the planes took off from Boston, we had local families directly impacted by the disaster. In the weeks that followed, Realtors hand-delivered relief fund checks to the victim’s families; I personally visited four homes. It was hard, but I’ve never been prouder of our Realtor family, nor more aware of the vital work America’s Realtors do for our nation’s homeowners.”

© 2011 Florida Realtors

For more information of homes for sale, foreclosures, golf course homes or condos go to
http://www.beachhomesdaytona.com/

$5000 in grants

Correct website: http://www.pentagonfoundation.org/.

$5000 in grants for First time military buyers.

Active duty personnel, veterans and retired members of the miltary and employees of the U.S. Department of Defense are eligible to apply go to http://www.pentagonfoundationorg./ click on "Dream Makers" link.

For more informations of homes for sale in the Greater Daytona Beach Area and surrounding communities go to http://www.beachhomesdaytona.com/

MLS 512694

MLS 512694

Very affordable condo at the beach...truly walk out unit just a couple
of steps to the atlantic ocean and sand.
Major shopping just across the street and one hour to Disney attractions.

For more information of homes for sale, condominiums or foreclosures
go to http://www.beachhomesdaytona.com

Friday, September 9, 2011

Mortgage Rate Trend Index

30-year mortgage falls to 4.12%, record low
Mortgage experts polled by Bankrate.com this week can’t agree on what will happen next, with 1/3 (31%) predicting they’ll go up, 1/3 (31%) saying they’ll go down, and 1/3 (38%) expecting no change over the short term.
WASHINGTON – Sept. 9, 2011 – Fixed mortgage rates fell this week to the lowest levels in six decades.

The average rate for the 30-year fixed mortgage fell to 4.12 percent, down from 4.22 percent, Freddie Mac said Thursday. It’s the lowest level on records dating back to 1971. Freddie Mac said the last time rates were cheaper was 1951, when most long-term home loans lasted just 20 or 25 years.

The average rate on a 15-year fixed mortgage, a popular refinancing option, fell to 3.33 percent from 3.39 percent. That’s the lowest on records dating to 1991 and likely the lowest ever, according to economists.

For more information of homes for sale or condominiums or foreclosures go to http://www.beachhomesdaytona.com/

Energy efficient labels...

Most efficient’ labels debut for appliances
WASHINGTON – Sept. 8, 2011 – The Energy Star program has been criticized for allowing too many home appliances to carry the energy efficiency label, so the Environmental Protection Agency and the Department of Energy, which jointly run Energy Star, announced the rollout of a new label – “most efficient.”

The “most efficient” label is reserved for the utmost energy-efficient washers, dryers and other appliances.

The Energy Star Most Efficient program will start on a pilot basis through the rest of the year, USA Today reports. The designation will be reserved for the top 5 percent of energy-efficient products.

Appliances first eligible for the designation will include clothes washers, heating and cooling systems, televisions and refrigerator-freezers. In the fall, the EPA will consider new categories for the label.

The “most efficient” products must “demonstrate efficiency performance that is truly exceptional, inspirational or leading-edge – consistent with the interests of environmentally motivated consumers and early adopters,” according to EPA’s guidelines.

To view a list of products that have so far received the new label, visit energystar.gov/mostefficient.

Source: “New ‘Most Efficient’ Label Takes Energy Star Step Further,” USA Today (Aug. 29, 2011)
For more information of homes for sale in the Greater Daytona Beach Area and surrounding communities of golf course homes, condos and foreclosures go to http://www.beachhomesdaytona.com/

Wednesday, September 7, 2011

Come check out the fantastic real estate deals in Daytona Beach.

This is the time to shop for a vacation home or condo near or at the beach for a great price.
Search my website to view more properties:

http://www.beachhomesdaytona.com/  then go to properties.  Enjoy!

Monday, September 5, 2011

Super low mortgage rates.

Mortgage Rate Trend Index
Expect rates to stay the same (42%) or go down (33%) say most mortgage experts polled this week by Bankrate.com. The remaining 25% foresee an increase.
WASHINGTON – Sept. 2, 2011 – Fixed mortgages were mostly flat this week after hitting their lowest levels in decades. .

The average rate on the 30-year fixed mortgage stayed at 4.22 percent for the second straight week, Freddie Mac said Thursday. The rate hit 4.15 percent two weeks ago, the lowest level on records dating to 1971.

The average rate on the 15-year fixed mortgage, a popular refinancing option, fell to 3.39 percent from 3.44 percent. Two weeks ago, it reached 3.36 – the lowest rate on records dating to 1991 and likely the lowest ever, according to economists.

Mortgage rates typically track the yield on the 10-year Treasury note. Yields rose this week as investors shifted money back to a more stable stock market.

 For more information of homes for sale, condominiums, foreclosures go to http://www.beachhomesdaytona.com/

Saturday, September 3, 2011

What can you buy for $60,000

MLS 516518

Fish off the dock or enjoy a swim in the community pool.
Sold furnished.
Near the beach and major shopping.
One hour from Disney attractions.

For more information of homes for sale in the Greater Daytona Area and surrounding
communities go to http://www.beachhomesdaytona.com

Friday, September 2, 2011

MLS 512600

MLS 512600

Sold furnished and a short distance to the beach.
Fish off the dock or enjoy the community pool.
Move in ready condition.

For more information of homes or condos for sale go to http://www.beachhomesdaytona.com

Census information on Daytona Beach, Florida

Sources: Fl. Dept. of State; Visit Florida; US. Census Bureau; Bureau of Economic  Business Research (University of Florida); State of Florida.com

   1,000 People move to Florida each day
12 International Airports
1,200 Miles of Sand Beaches
1,250 Golf Courses
1,800 Miles of Coastline
14 Deepwater Ports

For more information about real estate in Daytona Beach area or Ormond Beach, Port Orange area of vacation homes, condominiums or homes on the beach, river or golf course go to:

Speak to a loan officer. Ask questions!!!

MILES REYNOLDSCONTEMPORARY MORTGAGE SERVICES, INC PROFILE Serving Volusia and Flagler Counties and all of Florida. In business since 1985 with over 2 billion dollars in mortgages funded. We offer Conventional, FHA, VA, USDA, FHA renovation loans and more. We have multiple lenders that we can send a borrower’s loan to for loan approvals. Rates competitive with banks. Zero point and zero origination fee loans available. Free mortgage counseling, prequalification and preapprovals by phone or in person.
 MILES REYNOLDS, MORTGAGE LOAN OFFICER PROFILE Has originated mortgages in this area since 1992 for Brokers and large banks. Has originated and closed well over $100,000,000 in residential mortgages. Specializes in FHA, Conventional and USDA Rural Housing Guaranteed loans. Has done hundreds of Realtor seminars, presentations and office meetings. Available evenings and weekends for applications or to answer mortgage questions. Please call me, Miles Reynolds, for all of your mortgage needs.
Cell: 386-290-6661 _                              
   Office: 386-238-1511    
Email: miles@contemporarymortgage.com          
 A Licensed Mortgage Lender
CONTEMPORARY MORTGAGE SERVICES, INC. is a Proud Equal Housing Lender. Credit restrictions may apply. Programs and Rates are subject to change.


For more information of homes for sale at the beach, near the beach on the river or condominiums go to http://www.beachhomesdaytona.com/

Seven steps to take before you buy a home.

By doing your homework before you buy, you follow these steps to ensure your home search is fun and productive.

Most potential homebuyers are a smidge daunted by the fact that they’re about to agree to a hefty mortgage that they’ll be paying for the next few decades. The best way to relieve that anxiety is to be confident you’re purchasing the best home at a price you can afford with the most favorable financing. These seven steps will help you make smart decisions about your biggest purchase.


1. Decide how much home you can afford

Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, if applicable, as well as costs specific to your family, such as day care if you plan to have children.

2. Develop your home wish list

Be honest about which features you must have and which you’d like to have. Handicap accessibility for an aging parent or special needs child is a must. Granite countertops and stainless steel appliances are in the bonus category. Come up with your top-five must-haves and top-five wants to help you focus your search and make a logical, rather than emotional, choice when home shopping.

3. Select where you want to live

Make a list of your top-five community priorities, such as commute time, schools, and recreational facilities. Ask your REALTOR® to help you identify three to four target neighborhoods based on your priorities.

4. Start saving

Have you saved enough money to qualify for a mortgage and cover your downpayment? Ideally, you should have 20% of the purchase price set aside for a downpayment, but some lenders allow as little as 5% down. A small downpayment preserves your savings for emergencies.

However, the lower your downpayment, the higher the loan amount you’ll need to qualify for, and if you still qualify, the higher your monthly payment. Your downpayment size can also influence your interest rate and the type of loan you can get.

Finally, if your downpayment is less than 20%, you’ll be required to purchase private mortgage insurance. Depending on the size of your loan, PMI can add hundreds to your monthly payment. Check with your state and local government for mortgage and downpayment assistance programs for first-time buyers.

5. Ask about all the costs before you sign

A downpayment is just one homebuying cost. Your REALTOR® can tell you what other costs buyers commonly pay in your area—including home inspections, attorneys’ fees, and transfer fees of 2% to 7% of the home price. Tally up the extras you’ll also want to buy after you move-in, such as window coverings and patio furniture for your new yard.

6. Get your credit in order

A credit report details your borrowing history, including any late payments and bad debts, and typically includes a credit score. Lenders lean heavily on your credit report and credit score in determining whether, how much, and at what interest rate to lend for a home. Most require a minimum credit score of 620 for a home mortgage.

You’re entitled to free copies of your credit reports annually from the major credit bureaus: Equifax, Experian, and TransUnion. Order and then pore over them to ensure the information is accurate, and try to correct any errors before you buy. If your credit score isn’t up to snuff, the easiest ways to improve it are to pay every bill on time and pay down high credit card debt.

7. Get prequalified

Meet with a lender to get a prequalification letter that says how much house you’re qualified to buy. Start gathering the paperwork your lender says it needs. Most want to see W-2 forms verifying your employment and income, copies of pay stubs, and two to four months of banking statements.

If you’re self-employed, you’ll need your current profit and loss statement, a current balance sheet, and personal and business income tax returns for the previous two years.

Consider your financing options. The longer the loan, the smaller your monthly payment. Fixed-rate mortgages offer payment certainty; an adjustable-rate mortgage offers a lower monthly payment. However, an adjustable-rate mortgage may adjust dramatically. Be sure to calculate your affordability at both the lowest and highest possible ARM rate.

More from HouseLogic

Learn how Fannie Mae and Freddie Mac mortgages can help you save on financing

Learn more about the costs of homeownership

Other web resources

Homebuyer counseling resources
Get a free credit report from each of the three credit reporting bureaus
G.M. Filisko is an attorney and award-winning writer who has thrice survived the homebuying process. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics

For more information of home for sale in the Greater Daytona Beach Area, homes near the beach, river front homes, condominiums or foreclosures go to http://www.beachhomesdaytona.com/

Thursday, September 1, 2011

Now is the time to get that beach house!!!

Mortgage rates at an all time low.  FHA and VA just above 4% 

Only 3% down to purchase a beach house, golf course home, condominium or river front home for owner occupied homes.

For second home purchases only 10% down and you too can have a beach house, river front home, golf course home or condominium.
For more information of homes for sale, condominiums and foreclosures go to
http://www.beachhomesdaytona.com/

MLS 512694

MLS 512694

Very affordable vacation condo at the beach or live in year round.
Just across the street from major shopping.
Here is your chance to own your beach residence.

For more information of homes for sale near the beach or on the river
condominiums or foreclosures go to http://www.beachhomesdaytona.com