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April 2008

Jacksonville - #8 on Forbes List as place for housing bargains

Date: Apr. 12, 2008
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Taken from The Florida-Times Union on March 29, 2008

Prices have dropped all over...but Northeast Florida real estate professionals and Forbes magazine say Jacksonville continues to have a solid housing market and is a good plaace to shop if you are looking for a real estate bargain.

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Mortgage Insurer Restrictions

Date: Apr. 12, 2008
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Taken from The Florida-Times Union, March 21, 2008.

Mortgage Insurers have flagged  more than 9,600 zip codes  where they will not insure loans for investment properties, adjustable Rate and Interest only mortgages and buyers making down payments of less than 3%. A large part of Florida is flagged. In some areas:

*a borrower cannot receive more than 95% financing; some 90%.

*Loans for investmen properties, second homes and manufactured homes are not eligible.

*Interest-only, option-payment and 2- or 3-year adjustable are not eligible.

*Refinances that allow borrower to extract all equity are not eligible.

*Loan amounts greater than $650,000 are not eligible.

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Right to Know Links

Date: Apr. 12, 2008
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(Info Taken from The Florida-Times Union, March 21, 2008)

Find out about a Teacher's Certification: www.fldoe.org/edcert/public.asp or call 850-245-0442, Florida Dept. of Education

Find out about Child Care Inspection Reports: www.dcf.state.fl.us/childcare/ then click on "provider search" or call 850-488-4855, Florida Dept. of Children and Families.

From the office of the public official. Some of Jacksonville city e-mails are online at webmail.coj.net/public. For Mayor John Peyton's e-mail: username is publicdocs; password is public. For city Council's e-mail: username is citycpublic; password is public.

Find out about your doctor: ww2.doh.state.fl.us/irm00profiling/SEARCHFORM.ASP or call 850-245-4005, Florida Dept. of Health.

 

 

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