The Stampini Team

Undisclosed Legal Mistakes Costing  Boca Raton Homebuyers Thousands Someone we want you to meet CEO of  Florida Platinum Group , Kristin Stampini was speaking to attorney Erik Eastham about legal mistakes to be aware of in regards to real estate, and this is what he had to say. By Erik Ian Eastham Boca Raton, Fla.  –  Whether someone is purchasing a main residence, vacation home or other investment property, real estate is often times an individual’s most valuable asset. Much of an individual’s net worth is defined by the real estate they own or have an interest in. As any smart investor will tell you, it’s not enough to own the asset, it must be protected as well; protection from the claims of creditors and the liability that comes with real estate is a necessity. A novice investor 
may rely solely on
 insurance to help protect their real estate investment, however, insurance policies have dollar limits and coverage limitations. As such, a savvy investo...

What Lenders Look for to Qualify for a Mortgage? I have been in the real estate industry for over 10 years and have worked with hundreds of buyers, and have closed between 100 – 200 transactions per year.  At  Florida Platinum Group , we do buyer consultations every time we meet with a new buyer. We feel this is a very important step in the buying process and we can service our clients at a much higher level by doing it. During the buyer consultation, more often than not, the buyer hasn’t been pre-approved for a mortgage. We are here to help assist the buyer and offer options to help them obtain a mortgage pre-approval. What’s the Difference between Using a Bank or a Mortgage Broker? 1.Bank (Direct lender) Offers a “Cookie Cutter type” of loan You need to fit the “A” profile (job, credit, income) Limited choice of products Bank employees review your application If you as the borrower have excellent credit, long-term employment history and access to all financ...

Is House Hunters Fake? Recently I’ve been obsessed with watching  HGTV’s House Hunters . More obsessed than usual. Especially with the House Hunters international edition which I always find super intriguing, to see how the real estate market compares with that of the United States’. However, as one of the founders of  Florida Platinum Group   in Palm Beach County and as a Real Estate Agent with many years of experience under my belt. I know that many aspects of House Hunters simply do not happen in real life and a lot of the true aspects of the house hunting process are left out. I start to ponder whether if others, who watch House Hunters without such experience, truly believe that this is how the home buying process goes. It can be a bit more complicated and tedious than that especially if one chooses the wrong agency to work with. The Breakdown: How many Houses Did you Say? Three. Only three homes are seen being showed on House Hunters to the b...