Monday, June 30, 2014

Coral Springs real estate classes start July 1

Coral Springs real estate sales associate pre-licensing class starts tomorrow, July 1. Schedule is Tuesday and Thursday evenings for 6 weeks from 5:30-10:30. Cost is $400, which includes text book and a state exam cram manual when you pass the class exam. Click on link to register and pay Classes are held at 1287 University Drive (Publix plaza)

Tuesday, June 24, 2014

New Mortage App to Help Homebuyers and Bankrate launch mobile mortgage app

SAN JOSE, Calif. – June 24, 2014 – app users have a new tool to help them figure out if they can afford the home they're looking at.
Thanks to a partnership with – a publisher, aggregator and distributor of personal finance content on the Internet – buyers can play with mortgage basics, such as the amount of the downpayment or mortgage points to determine if they can afford a property. If they can, the app also helps them find a lender that offers the best mortgage package. is operated by Move Inc. on behalf of the National Association of Realtors® (NAR).
To start the homebuying process, the app has an affordability tool and monthly payment calculator to help potential buyers find their target price range. They can then do a search of only those listings that match those calculations.
The affordability estimate takes into account interest rates and personal mortgage insurance, and it works with local tax and insurance rates so potential homebuyers know upfront approximately what they can spend on a home.
"Consumers want access to accurate information on the spot," says Move's chief executive officer, Steve Berkowitz. "Nearly 60 percent of the traffic on now comes from consumers using mobile devices. This application reflects our efforts to optimize and develop technology based on putting the most important information at the consumer's fingertips."
"Housing inventory in many areas can move fast and consumers need the answers to their questions to be accurate and quick," adds's chief executive officer, Don Ross.
According to Move, the mortgage application:
″ Taps into real-time local, personalized mortgage rate loan options from different lenders
″ Allows users to change details with custom sliders to see how the package changes if they make a bigger downpayment, for example, or pay additional points
″ Sorts mortgage rate comparisons according to user preferences – by lowest APR, interest rate, fees or monthly payment.
″ Empowers users to see only those homes in their price range or based on the calculated monthly payment.
The application is available on iPhone and Android devices.
© 2014 Florida Realtors®

Good News From Florida's Citizen's Insurance

Citizens wants to lower property insurance rates

TALLAHASSEE, Fla. – June 24, 2014 – Nearly seven out of 10 Citizens Property Insurance Corporation personal-lines policyholders would see rate reductions in 2015 under a slate of rate recommendations being considered today by the Board of Governors in Orlando.
Under the rates proposed by Citizens, policyholders with homeowners policies would see an average decrease of 3.2 percent, while mobile-home owners would see an average 3.9 percent.
The 2015 recommended rates will be submitted to the Florida Office of Insurance Regulation, which must establish rates for Citizens before they take effect.
The lower rates come as a surprise to some observers since Citizens has been trying to raise rates to become actuarially sound, but has been hamstrung by a law that allows it to raise rates no more than 10 percent per year.
"While rates for many policy types and areas have been inadequate in the past, the gradual phasing in of sound rates beginning in 2010 has helped Citizens to attain actuarial soundness in many areas," Citizens says in its 2015 Rate Kit. "Pockets of inadequacy persist, mostly near the coast and for older homes, condos and mobile homes, but the majority of Citizens policyholders will see an actuarially sound rate that is similar to last year's indications or even a bit lower."
Citizens posted a PDF of frequently asked questions on its website. It offers additional information about the proposed rate decrease.
© 2014 Florida Realtors®

Wednesday, June 18, 2014

Thursday, June 5, 2014

Coral Springs Real Estate Classes

Coral Springs Real Estate Classes

Sales Associate Pre-Licensing classes are held on Sundays from 9-7 for 6 weeks or Tuesday and Thursday evenings from 5:30 - 10:30 for 6 weeks. We are a premier Broward real estate school located at 1287 University Drive.
July             T-Th  class starts July 1
July             Sunday class starts July 20
August        T-Th  class starts August 12
September  Sunday class starts  September 7

Call Pat O'Connor at 954-554-4881 for more information