ingrid.homes

What is Private Mortgage Insurance or PMI?

Calculator, pen, documents, text that says, "What is Private Mortgage Insurance?"

When a buyer makes a down payment of less than 20%, the lender considers the buyer a higher risk. Private Mortgage Insurance (PMI) protects the lender in case the buyer stops paying the mortgage.

My Predictions for Florida Real Estate in 2024

My Florida Real Estate Predictions 2024

Are you wondering what to expect in Florida real estate in 2024? I’ve come up with the trends I’m seeing, and what to be on the lookout for in the new year. These are just forecasts, there is no way to know for sure. Interest Rates It appears the Fed isn’t going to hike rates […]

Is Your Insurance Requiring an Inspection Report?

Requiring an insurance report, rain falling on roof during a storm.

Lately, I have seen Florida homeowner’s insurance requiring an inspection report…sigh. We’re all struggling with the astronomical rise in costs over the last few years, and there is more to come I’m sure. Something I’ve noticed lately is insurance companies requiring 4-point inspections and wind mitigation reports. What are these and how can they help […]

Property Fraud, a Fast Growing Crime

Document with a magnifying glass, house, and piggy bank.

You may have never heard about what the FBI calls the fastest-growing white-collar crime in the nation. I hadn’t until recently. It’s called property fraud. 

How does it work?

How can I possibly buy a home in this real estate market?

buy a home in this real estate market

I have potential buyers constantly asking the question, “How can I possibly buy a home in this real estate market?” It’s a good question to ask. Inventory is again low. Interest rates hover around 7% for a 30-year fixed mortgage, and prices are at historical highs and aren’t coming down anytime soon. It can be […]

Hurricane Prep in Florida: Making an Insurance Claim

hurricane-force winds blowing palm trees, clouds and blue sky in the background.

Hurricanes, Insurance, and Your Home We’re well into hurricane season by now, but we all know the worst storms seem to happen in August and September (NOAA predicts 12-17 storms this year – five to nine being hurricanes). Most of us are pretty knowledgeable about being prepared with the essentials: water, tarps, flashlights and batteries, […]

Are Home Prices Going to Drop in Orlando?

Are Home Prices Going to Drop in Orlando? House in Lake Nona

At least once a week someone asks me about real estate in the Orlando area. Are home prices going to drop? And how soon? A lot of potential buyers are waiting for prices to come down, and there’s a lot of information swirling around out there. I read a lot of that information on what’s […]