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February 2015 Archives

The security interest in your mortgage

Tens of millions of Americans have a mortgage. Many of our readers probably have a mortgage on a piece of property in South Florida. And most people understand the basic premise of what a mortgage is, which is a loan from a bank or other lender that helps a person buy property, resulting in monthly payments made on that loan over the course of about 15, 20 or 30 years.

What is the best way to pick a mortgage plan?

When it comes to be time for a South Florida resident to apply for a mortgage, there are quite a few things to check off the to-do list. After all, a mortgage is probably the biggest loan that an individual or a couple will ever take on in their lifetimes. As a result, lenders require a lot of documentation that proves that the borrower can make the monthly mortgage payment without fail.

Condos, office buildings and retail locations coming to Omni area

Part of the appeal of investing in real estate, both residential and commercial, is the patience that is involved. Real estate, unlike the stock market or other investments, doesn't usually fluctuate as quickly - or as wildly. And, if an investor has a good eye for when and how a particular area may develop or change in the future, getting in on the "ground floor" can pay big dividends in the long run.