SOUTH FLORIDA REAL ESTATE MORTGAGE LAWYERS
With the South Florida market experiencing a boom in sales and values, there is more great news to assist qualified buyers with their real estate purchases. Starting January 2018, FHFA has increased the conforming loan limits for Fannie Mae and Freddie Mac conventional loans. This means that the limits to purchase, prior to the mortgage being considered a jumbo loan, are higher.
Starting on January 1, 2018, the loan limits for conventional loans has increased from $424,100 to $453,100.
With house prices on the rise, this is great news for buyers looking to finance their purchases.
Real Estate Buyers now have more purchase power under conventional funding. And current or prior qualified jumbo pre-approved buyers and borrowers may qualify for traditional financing now, possibly at a lower interest rate and a lower down payment. This equates in more opportunities to close on those real estate deals for realtors and sellers alike.
Don’t go it alone. Always hire the services of a qualified real estate attorney owned title company to assist you in your real estate purchase and to help navigate all the confusing mortgage terms and conditions.
Whether you are buying real estate and require a mortgage or buying cash, before you sign the contract, reach out to us. We are here to help. We offer a free legal consultation regarding your real estate contract, purchase or sale.
With over 18 years experience practicing real estate law, and holding dual licenses of both lawyer, realtor and accountant, allow attorney Jacqueline A. Salcines to guide you.
We are a full service title company and handle closings from beginning to end.
Real Estate Closings
Inspection report review and negotiations
Contract Law and review of Real Estate Contracts
Real Estate Litigation
Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.
The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines has been handling all types of real estate transactions for over 17 years.
Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com