Mike Morgan's (lyndamorgan2) Blog

As a first-time buyer, does this describe you? •    Excited to find a good deal•    Afraid of overextending yourself•    Confused by all the conflicting reports about real estateWell, that might describe any or all buyers right now, but those making their very first home purchase may feel elevate...

This year’s tax filing season is behind us, but if you sell your home this year (or any other, for that matter), you’ll find your home will shelter your taxes as well as your family. Specifically, the Taxpayer Relief Act of 1997 provides a substantial exemption on your capital gains when you sell...

You find a neat “fixer-upper,” then learn that banks won’t lend until the repairs are done, but the repairs can’t be completed until the house is purchased! This Catch -22 scenario can be solved by HUD’s FHA – backed 203(k) rehab loan, growing in popularity because so many foreclosure purchases a...

Selling a home without representation doesn’t happen very often. When it does, it’s likely that the sale was to a family member, close friend, or a tenant who was already renting and living there. These cases are the exception to the rule however, and there are powerful reasons why it is so diffi...

“Timing the Market” in real estate doesn’t work the same way it does with stocks. Homes are bought and sold more out of necessity than to make an easy buck. However, some indicators give a clue when it’s a good time to buy. Like now!Despite the fact that current mortgage interest rates are low an...

If you can hear the whispers below the din of panic, you know that the recent financial and housing collapses have actually created some amazing opportunities for real estate investment. Low interest rates and depressed property values have combined in an environment favorable for long-term gains...

Mortgage applications are being reviewed far more thoroughly now than in the past and your credit score should be 680 or higher to qualify for the best interest rates. So how do you determine your credit score, and know you’re getting the credit you deserve?Everyone is allowed one free credit rep...

As you’ve already read here, conditions are ripe to become a homeowner, and it’s time to determine if you’re ready to make the leap. While the price of the home is the largest factor, Team Morgan, your Miami-based real estate specialists recommend that you don’t forget about loan fees and closing...

If you’re under pressure to sell your home quickly in a challenging market, you may have to swallow a large dose of reality and take some radical steps to increase your home’s visibility. While making concessions can seem difficult, Team Morgan, your Miami-based Coldwell Banker realtors recommend...

So you’ve decided to sell your home. That’s an important step. But the next step you take is equally important – setting your asking price. Team Morgan, your Miami-based real estate specialists, recommends that you strive for a balance between generating offers and receiving top dollar for your h...