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Expert Tips for Navigating the Real Estate Market

My mission at Treu Group Real Estate is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, I can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

How Do New TRID Regulations Affect Your Ability to Close Quickly?



Buying a home? Click here to perform full home search 
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (561) 352-3056 for a FREE home buying or selling consultation

Do you want to have closing papers in your hand by the end of the year? What do you need to do to make that happen?

Many buyers and sellers want to be moved by the holiday season or by the end of the year. In 2015, we have seen some major changes as part of the new TRID regulations. You don't need to know all the details about it - that's what we're here for - but if you want to sell or buy a home between now and the end of the year, you need to be aware of the new timelines.
A lender who could typically close a loan in 15 to 30 days will now need about 45 days. Some of the bigger banks that needed 60 days are now at 90 to 120 days! This means that you need to start the process earlier to achieve the same timelines you would have been able to do a year ago.

If you're thinking about buying or selling by the end of the year, it's time to get things moving. Give us a call or shoot us an email at any time and we'll walk you through everything you need to know about these changes. If you're selling, you could beat the rush by getting started now! We hope to hear from you soon!

What You Need to Know About Property Taxes



Buying a home? Click here to perform full home search 
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (561) 352-3056 for a FREE home buying or selling consultation

Today, we're going to talk about property taxes. The good news is property values are up. The challenge is that when property values go up, so do your property taxes.

If you have a homesteaded property, you definitely have good news. Thanks to Save the Home protection, many people saw almost no increase in taxes on their homesteaded property, even though the property's value went up.

If you own a second home, commercial property, or investment property, you probably saw your taxes increase by as much as 13%. Property values are only going to continue to rise, so make sure your budget allows for property tax increases in 2016.

Now, if you purchased a homesteaded property in 2014, you were probably surprised with a big jump in your property taxes. You do get that homestead protection, but you lost all of the savings that the previous owners collected over time.

If you're thinking of buying, you need a real estate agent who can help you maneuver all of those situations. We're here to help you maximize the property's value and make the right decisions. If you own an investment property or second home and aren't sure what to do from here, we can help you as well.

If you have any questions at all about property taxes, please do not hesitate to reach out to us. We would be happy to help you!

TRID Is Changing MTGs - What You Need To Know