Freddie Mac’s Short Sale Smackdown!

Freddie Mac announced that Short Sale Fraud is prevalent in the Market Place and on the rise. They are actively looking for these cases, so protect yourself by making sure your Short Sale is a true “Arms Length” transaction. Subscribe over the right to stay up to date on the latest Real Estate News, call us today for all your mortgage lending needs.

 

 

 

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It’s Cheaper To Buy Than Rent In Hernando County

It’s Officially Cheaper To Buy Than Rent! Duh!.. Check Out The Video Below, for all your financing needs call the Team at E Loans Mortgage Inc in Hernando County Florida. Subscribe for Free Over to the right to stay informed with all the latest Real Estate News In Hernando County.

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Dont Forget To Check out our Free Home Buyer WorkShops By Clicking The Banner and Link Below, The Information Provided Can Save You Thousands On Your Home Purchase

Residents Protest Sink Hole Rate Increases

New Port Richey, Florida — Protesters lined the streets in New Port Richey, targeting a new law that would allow insurance companies to raise their rates for sinkhole coverage by thousands of dollars a year in some cases.

Even if you don’t own property, they warn this will affect you too by crippling Florida’s already fragile economy.

Facing a massive sink-hole insurance rate increase in the thousands of dollars, retiree John Haun says he’s worried he’ll be forced from his home. “My neighbor just got his bill and he got a $5,000 increase in his,” said Haun.

In a room filled with similar worry, The Florida Association for Insurance Reform (FAIR) brought in a bipartisan panel of local politicians, promising to do what they can to repeal the new law that removed the cap on sinkhole insurance premiums.

Sen. Mike Fasano, a Republican representing the 11th District, says he’ll ask state lawmakers to repeal Senate Bill 408.

“That bill was signed into law by our Governor. It has barely gone into effect and we already see the consequences the people of this area will pay,” said Fasano.

State Representative Robert Schenck, a Republican representing the 44th district, actually voted for the original House bill, hoping it would reduce fraud. Now, he says, he’s worried too many people will be hurt.

“Seventy percent of all sinkhole claims that have been paid out, that money has not been put in to fix that property,” said Schenck, explaining his original position on the issue. “So if you guys want to know why we have  so much trouble with sinkhole coverage in Hernando County, that’s why. It’s the rampant fraud.”

Rose Rocco, a Democrat and former Hernando County Commissioner, said fraud should be addressed by the insurance companies and not pushed onto consumers.

“It’s up to the insurance companies or whoever is supplying that service to make sure that they’re paying a claim that’s reasonable and just,” said Rocco. “And to put the blame on people now is unconscionable.”

A mortgage expert also told the crowd it’s not just a concern for current homeowners. People considering purchases of property may be told by banks that they must carry the insurance, which could put a chilling effect on an already depressed real estate market. That could have a ripple effect on the overall economy. Steve Fingerman, with E Loans Mortgage Inc says people will have less money in their pockets.

You’re all of a sudden gonna be faced with a massive payment increase of $300, $400, $500 a month,” said Fingerman.

Realtors say it’s already having a chilling effect on business, even before the state’s insurance commission decides whether to grant the request from Citizens Insurance to raise the rates.

Some clients, even some from other countries, are already aware of the sinkhole issues, and say they don’t want to take a chance that other insurance companies will quickly line up to follow suit.

Lawrence Sanek, who owns Castle Dream Real Estate, says it’s a problem.

“I have international people saying ‘Tell me about the sinkhole problem. What’s it gonna cost us?'”

The insurance commissioners are not expected to rule on Citizens rate hike request until mid-October, but before then, on September 13 at the Tampa Convention Center, the same commission will be taking public comment in the center’s main ballroom.

The hearing is expected to draw hundreds, perhaps thousand of people.

 
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For More Information Contact

Steve Fingerman

Branch Manager

E Loans Mortgage Inc

Office 352-688-7949

Cell    727-946-0904

(original article writtnen by Eric Glasser at 10news WTSP)

Government Plans To Turn Foreclosed Homes In Rentals

The Latest Brain Child from Washington? Let’s Turn Foreclosures Into Rental Property. When Did We Shift From A Nation Of HomeOwners To Nation Of Renters? Just another misguided idea to deal with the housing crisis from Your Favorite Uncle, Same. Bought and Paid For…By You The Tax Payer. Check It Out Below.

 

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For More Information or For Immediate Free Pre-Approval Contact Us At

Steve Fingerman

Branch Manager

E Loans Mortgage Inc

Office 352-688-7949

Cell     727-946-0904

Another Bank Of America Backdoor Bail Out?

Another Back Door BOA Bail Out? BOA Gets Sued By AIG For 10 Billion Dollars. Get All The Latest Real Estate News here at the Hernando Real Estate Show. For All Your Mortgage Needs in Hernando County and The Surrounding Tampa Bay Area Call The Pros At E Loans Mortgage Inc in Hernando County Florida.
 
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Dont Forget To Check Out Our Free Online HomeBuyer Workshops By Clicking The Banner Below and Learn Everything There Is To Know About The Home Buying Process From Negotiating The Deal To Getting The Best Loans.

 

Steve Fingerman

E Loans Mortgage Inc

4117 Mariner Blvd

Hernando County Florida, 34609

Office 352-688-7949

Cell     727-946-0904

United States Gets A Credit Down Grade, Dow Jones Loses Over 600 Points


The United State Gets A Credit Down Grade, Stocks Lose 600 Points, USDA Loans Here to Stay in Hernando County. Plus New Changes You Need To Know About.
 
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To Learn More About USDA Finanicng Click The Banner Below and Attend Our Free Online Workshop. Classes Will Automaticaly Be Rescheduled So Don’t Worry If You Missed it. Just Click The Banner And You Will Be Taken To The New Scheduled WorkShop.

For More Information

Contact

Steve Fingerman

Branch Manager

E Loans Mortgage Inc

4117 Mariner Blvd.

Hernando County, FL 34609

Office 352-688-7949

Cell 727-946-0904

One West Uses Fraudulent Documents To Foreclose On Home Owners

One West Using Fraudulent Documents To Foreclose On Home Owners? Robo Signing Alive And Well Despite Recent Bad PR With Multiple Banks and Foreclosure Mills. Check it All Out Below. If you Like Our Show, please Share withh your friends Down Below and Subscribe Over to The Right.

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Call E Loans Mortgage Inc For All Your Financing Needs

E Loans Mortgage Inc

4117 Mariner Blvd.

Hernando County Florida, 34609

Office 352-688-7949

Cell     727-946-0904

WWW.AlliedHome.Com/Br3014

Stop Citizens Insurance Rate Hikes

Citizens Insurance, the state run insurance company in Florida is proposing a major increase on Sink Hole Policies in Florida that would increase premiums by anywhere from 200%-4,000%. This increase would negatively impact home affordability and home ownership in Florida and would severly damage local Real Estate Markets. E Loans Mortgage Inc in Hernando County Florida does not support such an increase, and I urge you to contact your Local and State Represantatives as well as Citizens to let them know that this increase is simply not acceptable. You can find all the links to the right people to contact listed below. This is an Urgent Call To Action and we recomend that you share this information with everyone you know. Flood your elected officials with phone calls, emails, and let them know that you demand better from them right now!

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Click Below To Contact The Appropriate Parties

Citizens Insurance Contact Page

Contact Governer Rick Scott 

To Find Your Florida Representative

Buying A Hud Home? Extension Fees Will Kill You

Thinking about Buying a HUD Foreclosed Home? Here is what you should know before taking the plunge. Those nasty little extension fees will kill ya! For more information about HUD properties and HUD financing options please call us at: 352-688-7949.

Dont Forget: Check out Our Home Buyer Work Shops, It’s Free!

 
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Home Buyer Work Shops In Hernando County Florida

Hernando County Real Estate Show

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Online Workshop Schedule

 

 

10 Secrets to Sell Your Home Fast…Even in a Down Market!

Thursday, June 30, 09:00 PM  Click here to register now!

 

20 Things You Must Know Before Buying a Home

Tuesday, July 5, 09:00 PM  Click here to register now!

 

25 Things You Must Know Before Applying for a Mortgage

Thursday, June 30, 09:00 PM  Click here to register now!

 

5 Ninja Strategies to Help You Negotiate Like a Pro!

Wednesday, July 6, 12:00 PM  Click here to register now!

 

8 Big Insider Secrets to Building Your Credit Score Fast!

Thursday, June 30, 09:00 PM  Click here to register now!

 

Divorcing and Home Ownership: How To Avoid The Nine Biggest Mistakes

Tuesday, July 5, 09:00 PM  Click here to register now!

 

The Best Kept Mortgage Secret: USDA Guaranteed!

Tuesday, July 5, 09:00 PM  Click here to register now!

 

The Insiders Guide to Reverse Mortgages!

Tuesday, July 5, 09:00 PM  Click here to register now!

 

Zero Down! Fact or Fiction? The Truth About VA Loans!

Tuesday, July 5, 09:00 PM  Click here to register now!

 

 

Brought To You By;

Steve Fingerman

E Loans Mortgage Inc

4117 Mariner Blvd.

Hernando County Florida, 34609

Office 352-688-7949

Cell     727-946-0904

http://www.fhaforall.com