Uncategorized
Florida Mortgage Law Changes
by Glenn on Aug.04, 2007, under Uncategorized
On June 19, 2007, Governor Crist signed into law major changes to the Florida Mortgage Brokerage & Lending Act (Chapter 494 of the Florida statutes).
Beginning October 1, 2007, these amendments will have a very significant impact on the way mortgage business is transacted in Florida.
For example, beginning October 1, 2007, the exact dollar amount of any lender rebate (YSP etc.) received by a broker will have to be disclosed and acknowledged by the borrower at least 3 days prior to closing. A range of fees shown as a percentage on the mortgage loan contract will no longer suffice.
For a further or more detailed explanation, please do not hesitate to contact Glenn Ginsburg, your Bonita Springs Florida real estate Broker.
New Bonita Springs Condo – Blue Marlin
by Glenn on May.14, 2007, under Uncategorized
On May 5th, the Bonita Springs Zoning Advisory Board approved the plans for a new luxury Bonita Springs condo building with docks on the north side of Bonita Beach Road. The building will be a total of 4 stories – the first level will be restricted for parking and the upper three stories will have only 3 condominium homes per floor, for a total of 9 units in the building.
The new Bonita Springs condominium will be called the Blue Marlin Cove Condominium.
The project still requires a final approval of the Bonita Springs City Council.
Agent Representation
by Glenn on Feb.09, 2007, under Uncategorized
Yesterday, I posted an article about agent representation on my Naples Florida Real Estate homes blog.
One of the key questions a prospective buyer should ask an agent is how the agent will represent them in the real estate transaction?