The Stampini Team

Are FHA Mortgages Good or Bad?            Homeowners who are thinking of selling their personal property often times are scared of an offer with FHA financing. Over the years, FHA loans have been labeled unfairly as the loans people  obtain  with bad credit, people with no money or both get when trying to buy a home. That is simply untrue. Co-Founder of Florida Platinum Group Mark  Stampini  states, “FHA loans are great for buyers and now that appraisals are similar to conventional loans, sellers would be crazy not to look at those offers”. FHA may be an option for someone with a lower credit score or little money to put down, it also may be the best deal for any buyer purchasing a primary residence. When a seller sees  an FHA  offer they should be excited as the buyer is looking to live in their home. They are not an investor making a business decision.” MYTH #1 - FHA Repair and/or Appraisal R...

Two Champs With Parkinson’s Disease Before the Age of 50 One CHAMP I’m referring to is the one and only Muhammad Ali, one of the most recognizable men in history, and the other champ I'm referring to (which many may think I am crazy to even associate them together) but he was my true hero and that is my dad. My dad was born in 1941 and Ali born in 1942, both of which were diagnosed with Parkinson’s Disease  before the age of 50.  The average age of Parkinson’s Disease is 62 and only 5 – 10% are diagnosed with Parkinson’s Disease before the age of 50.  My dad died in 2011 at the age of 70 and Ali, just recently in 2016 at the age of 74. Ali was not just about boxing; my dad was not just about his successful career – both were battling a disease that inspired many of us.  They both had incomparable work ethics; they were both confident, dedicated, altruistic, well-respected by so many, and were both very family oriented men. Ali inspired millions, ...

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...

Wouldn’t You Want a Veteran to Purchase Your Home for Sale? American veterans or their surviving spouses are offered a great home financing option for a VA loan. Veterans can purchase a home with no down payment which is a great option to have. However, we have noticed that home sellers are hesitant to accept offers on their homes with VA financing. Many homeowners feel buyers that are applying for a VA loan are not ‘strong enough’ since they are usually not required to have any money towards a down payment. Sellers also believe they  have  to pay for closing costs, inspector fees, or anything else that may come up during the home-buying process. Myth #1: VA Appraisal & Inspections are Nightmares FALSE. VA can’t buy a home in “POOR” condition otherwise, the appraisal is similar to the conventional loan appraisal. A VA appraisal does have to be ordered by the VA, which can take up to two weeks to complete. They look for the home to be “SAFE”, roofing must b...

Staging a House: Affordable Tips Before You Sell As a homeowner and seller, preparing your house for buyers can be an overwhelming thought, it can be very tedious and time-consuming if you don’t have the right game plan or experience. As a real estate professional I know what buyers are looking for, I put together a list that touches on some of the important key staging tips that are inexpensive and that you as the homeowner can do yourself without hiring or paying a professional stager.  These easy and affordable home staging tips can be the key to selling your house quickly and for top dollar.Even a simply staged house on average can sell between 1 – 3% more than a house for sale that has not been staged at all. As professional real estate advisors at   Florida Platinum Group - RE/MAX Services ,  we are always helping our clients prepare to sell their house for the highest price the market allows. At  Florida Platinum Group ,  our houses sell faste...