Coral Gables Real Estate

If you are a homeowner carrying a large amount of debt, you may have thought about refinancing your mortgage. By doing so, you’re basically getting a restart as you’ll receive a new mortgage with new monthly payments and rates. You’ll also save money. Let’s say you have a 30-year fixed-rate mortgage loan at $165,000. By refinancing with a 6 percent interest rate to 5 percent, you could save more than $100 each month. Multiply this by 12 and you’ll have $1,200 in annual savings. It sounds great, but you may have a high debt-to-income ratio and find it challenging to refinance at a lower rate […]

Selling any home is a challenge. That’s been especially true in 2014, a year in which the number or existing-home sales has fallen. The National Association of REALTORS(R) reported that April was the first month this year in which year-over-year home sales actually increased. And that increase was a modest one, with sales rising just 1.3 percent in Aril when compared to the same month one year earlier. And if you’re selling a high-end luxury home, one with a price tag higher than $1 million? Then selling your home is even more of a challenge. After all, there are far fewer potential buyers for […]

More and more home owners today are looking for ways they can save money and pay down their mortgages faster.  Although home ownership is costly, you will be able to save money over the life of the loan if you research some options.  Many home owners are unsure about ways to pay down their home loan, and here are a few simple ways to go about doing so. Switch to a shorter loan Today, many home owners have a 30 year fixed mortgage loan.  One way to possibly help pay down your loan quicker is by switching to a 15 […]

4070 Laguna Street, Coral Gables Listed for rent in Coral Gables! Three office spaces available for lease in professional building Coral Gables. The building, located on Laguna Street, is within walking distance to Merrick Park. Included in the rent is access to the office’s lobby, two conference rooms, kitchen, private bathrooms, copy room, and office supply room. These are ideal for solo practitioners. Available Space #1 – 10×14 – $1,000 per month Available Space #2 – 10×12 – $900 per month Available Space #3 – 10×10 – $800 per month     __________________________________________ Office Spaces in Downtown Coral Gables. The second […]

Tight credit restrictions can prevent consumers from getting a mortgage and making a home purchase. But over time, tight credit can impact a consumer’s expectations of the mortgage application process, reducing their willingness to even apply for a mortgage or to start the home search process. In a report released this week [1], researchers at the Federal Reserve Bank of New York provided estimates of the change in applications for mortgages in February of 2014 as compared to May of 2013. Their estimates indicate that: o    Applications for mortgages fell sharply over this period for consumers in all FICO brackets. o    The uniform […]