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Showing posts from May, 2020

Selling or Staying-Transform Your Home Now

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Transform Your Home Now: Secrets To a Great Paint Job Read more Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Why buy a villa when you can buy a whole village?

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The entire hamlet of Satra Brunn can be yours for 70,000,000 Swedish kroner, or $7,277,188.  (Christie’s International Real Estate) That’s the question nearly  no one  is asking themselves, aside from maybe a few super-rich Scandinavian billionaires, now that the entire hamlet of SƤtra Brunn in Sweden is listed with Christie's International for the unbeatable price of just under $7.3 million. Read more Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

FHFA: Borrowers in Forbearance Eligible to Refinance, Buy a Home

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Borrowers who have taken forbearance can nevertheless take benefit of record low mortgage prices for buying a domestic or refinancing their current domestic, the Federal Housing Finance Agency announced Tuesday. The FHFA made the statement to try to solve a  confusion about those who've taken forbearance all through the COVID-19 pandemic, which now totals about 4.1 million owners. Fannie Mae and Freddie Mac, which the FHFA oversees, will allow borrowers who went into forbearance due to the pandemic to refinance their mortgage or purchase a new domestic as long as they’ve reinstated their loan and made three consecutive months of their reimbursement plan, payment deferral option, or mortgage change from their neglected payments. Also, there's no ready period for borrowers who requested forbearance but in the long run were able to make their payment in full and on time, Fannie Mae notes. “Homeowners who are in COVID-19 forbearance but continue to make their mortgage pay...

CAN HOUSING COULD HELP LEAD THE POST-COVID ECONOMIC RECOVERY?

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The housing industry has regularly driven the economy out of downturns. Downturns lead to a decrease in financing costs that brings down acquiring costs for both homebuyers and developers, which makes home buying more appealing. According to Daniel Mccue, Senior Research Associate for  T he Harvard Joint Center for Housing Studies  . Read  the complete article Guillermo "Bill" Sanjurjo Realtor® https://guillermor. 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Memorial Day 2020

#realestate,#realtor,#forsale,#newhome,#househunting, #miamirealestate,#forsalebyowner,#realtorguillermo,#guillermorealor,,#Homesforsale, Guillermo "Bill" Sanjurjo Realtor® https://guillermo.realtor • 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

MLS Results for May 20,2020 (Southwest Dade County )

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May 20, 2020 NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate. Should you need any other area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

MLS (Southwest Dade County )Results for May 17,2020

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NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate. Should you need any other area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

MLS activity for Southwest Miami-Dade. May 16,2020

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NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate. Should you need any other area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

May 14,2020 Miami MLS Transaction

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NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate. Should you need any other area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

FHFA to Allow Deferred Repayments to Homeowners in Forebearance

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Once a homeowner in forbearance can start making payments again, they’ll have simplified options to either sell the home, refinance or extend the length of their current loan. Read how... Guillermo "Bill" Sanjurjo Realtor® https://guillermo.realtor info@guillermo.realtor 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

The Good,The bad and The Ugly of the MLS fo May 13,2020

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NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate. Should you need any other area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

The Good,The Bad and The Ugly Miami MLS for May 12, 2020

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Everything that Happened in the Miami MLS for May 12,2020   NOTE: As we all know Real Estate is very local so my posting only cover the prior day transactions either entering, repositioning or closing for the area where I practice Real Estate.Should you need anyother area please let me know The area covers From FL 836 (North border) Florida City (South border) SW 57th Ave (East border) West to the Glades Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

The Good, the Bad and the Ugly of the Real Estate Market for May 11 2020.

The real estate market is going through a period of uncertainty  and as I talk to more people they all seem to have questions about the estate of the market, now and what is going to happen in the foreseeable future. I’ve said this for over 16 years, the heart and soul  of my practice is doing or saying what my competitors are unwilling to say or unable to do and that is the difference. When ever I have the opportunity to respond (in person) to the uncertainty  and try to explain without pulling punches nor sugar coating the issues. But I found that the best way is to let the market speak and respond to those questions. Questions like... Are there any transactions being done now? Is this a good time to sell? Are prices still going up? Are prices expected to drop? Should I buy now, or wait? Can I still get a mortgage? How difficult is to get a mortgage now? Can I see houses on the market now? How are title closings done? It is easy to see that many questio...

Happy Mother,s Day

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Who, would think that staying at home would be so hard.? Guillermo "Bill" Sanjurjo Realtor® https:// guillermo.realtor ./ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Forbearance Explained - Must know to avoid problems in the future.

Guillermo "Bill" Sanjurjo Realtor® https://guillermor.realtor 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Know your rights under mortgage payment forberance

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Photo by  Andrea Piacquadio  from  Pexels To combat ongoing misinformation, the Federal Housing Finance Agency (FHFA) reiterated that borrowers in forbearance with a  Fannie Mae or Freddie  Mac-backed mortgage are not required to repay the missed payments in one lump sum. According to the McDash Flash Forbearance Tracker from  Black Knight , as of April 23, 2020, more than 3.4 million homeowners, or 6.4% of all mortgages, have entered into COVID-19 mortgage forbearance plans. “During this national health emergency, no one should be worried about losing their home," said Director Mark Calabria. “No lump sum is required at the end of a borrower's forbearance plan for Enterprise-backed mortgages. To help homeowners navigate the forbearance process, FHFA partnered with CFPB on the Borrower Protection Program to provide homeowners accurate information about forbearance and address concerns noted in some consumer complaints. While today's statement only ...

Buyer's Confidence Is Shifting, Here is Why

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Home loan applications for home buys, a measure of future home purchasing, saw a 12% uptick a week ago, turning around a month of diving action because of the COVID-19 pandemic, the Mortgage Bankers Association announced. Lodging specialists state it could check a sign that home purchasers are returning. Renegotiating request fell a week ago, which made the general volume decay by 3.3% for the week, as indicated by the MBA's occasionally balanced record. The general home loan application volume is as yet 20% lower than a year prior. Be that as it may, the expansion in home buy volume was the first uptick in quite a while. Narrative reports from land firms point to an expansion in purchaser request in the course of recent weeks, which is currently beginning to appear on buy applications from purchasers. “The 10 largest states [by application volume] had increases in purchase activity, which is potentially a sign of the start of an upturn in the pandemic-delayed spring home ...