08.25.17 Creegan Wrap

The Brokerage Your Community Built 407.622.1111

Our Broker is ranked #1 in Central Florida for Units Sold 2016

876 CRESTON DRIVE • MAITLAND

633 TUSCARORA TRAIL • MAITLAND

4 bedrooms | 3 baths 3,395 sq. ft. | $547,500

5 bedrooms | 3 baths 2,275 sq. ft. | $379,000

439 Lake Howell Road, Maitland, FL 32751 www.CreeganGroup.com

247427

Recently SOLD

BROKER’S UPDATE Attention Sellers - Your Buyer Pool Just Got a Lot Bigger At the end of July 2017, Fannie Mae released changes to loan requirements. Its goal, expanding access to credit, seeks to simplify underwriting guidelines. It is Fannie Mae’s hope that more people will qualify under the new guidelines and increase home ownership.

Debt-to-Income Ratio - The maximum allowable Debt-to-Income ratio was adjusted up to 50% from 45%. This allows for more buying power.

ARM Enhancements - A 5/5 ARM Plan is now available. It features an initial fixed period of 5 years, with subsequent adjustments every 5 years.

Alimony Treatment - Lenders now have the option to either reduce income or treat alimony as a debt when qualifying borrowers. Treating alimony as a decrease to income instead of viewing it as a monthly liability means more room in the budget to purchase a home.

Employment Offers – Borrowers may now qualify based on future income, with some restrictions: • Primary residence • Borrower not employed by family • Qualified using fixed base income

Chris Creegan

• Borrower start date is within 90 days (previously 60)!

Home ownership is still the American Dream. With Fannie Mae’s new lending guidelines, more people will be able to achieve that dream. Happy Selling!

439 Lake Howell Road, Maitland, FL 32751

www.CreeganGroup.com

247426

Historic Sales x Price Range

BUYER’S CORNER 3 Simple Upgrades to Impress Any Buyer While Millennials made up the largest group of homebuyers in 2016, these three simple upgrades are sure to impress any homebuyer.

Kewannee Park playground initiative wins award Supporting and giving back to our community is a rich experience. In March of 2016, the community surrounding Park began engagTeresa Crabbs Kewannee ing in an important online discussion. Using nextdoor. com, a private social network built for neighborhoods who want to encourage residents and neighbors to connect, Kewannee Park’s engaged community identified their aging playground as a significant safety issue. Over time, the neighborhoods surrounding Kewannee Park came to a consensus opinion that the playground needed to be replaced.

Agent Spotlight

Kristin Creegan

1. Smart Thermostat - Big savings can be realized by using your phone to control the temperature of your home. One touch of a button allows the average user to save up to $145 per year, according to Nest.com.

A sweet deal for you and your future buyer.

2. USB Outlets. A very simple but nice upgrade that acknowledges the needs of today’s plugged-in buyer.

As Indian Hills HOA President, I worked with English Estates Elementary School’s PTA President and a South Seminole Middle School teacher. Presenting as separate interests united by a common cause, we met with Seminole County Commissioners to present a plan of action.

Ultimately the county, who owns and manages the park, approved the plan to replace this playground that serves so many of its constituents.

I’m happy to report that the playground reopened earlier this year.

3. Insulation. This tops the list as the best home improvement investment. With a 117% return on investment, fresh insulation helps you save money, adds value, and provides peace of mind to any buyer.

The Kewannee Park playground initiative won the highest PTA recognition: Seminole County PTA’s and the state PTA’s “Child Advocacy” Award. The joy of seeing our kids playing in this new playground is immeasurable. Good things come from hard work.

204 LAUREL PARK COURT • WINTER PARK

1184 CHARMING ST • MAITLAND

900 DRUID ROAD • MAITLAND

4 bedrooms | 4.5 baths 3,321 sq. ft. | $495,000

4 bedrooms| 3.5 baths 2,474 sq. ft. | $419,900

4 bedrooms | 3 baths 2,517 sq. ft. | $449,000

439 Lake Howell Road, Maitland, FL 32751

www.CreeganGroup.com

247428

Current Listings for SALE

TITLE & CLOSING SERVICES A local, veteran owned company

At the Mortgage Firm, we have many lenders to shop the best rates and products that are right for you.

•Conventional Loans as low as 3% down •FHA, VA and USDA Loans •Jumbo Loans •Condominiums •Foreign National Loan Programs •No closing cost options available •Self Employed borrowers with only 1 year tax return •Asset based loans •Loans just out of Short-Sale or Foreclosure

Get started today!

Christian Plocica GetCall started today!

At (321) 972-9454 to learn more.

MORTGAGE LOAN ORIGINATOR | NMLS 988542

w w w. r e c s f l .co m

Are You Selling or Refinancing Your Home?

Call us today for a closing cost quote!

Title Insurance, Escrow and Closings

Our staff includes top closers with decades of experience in the central Florida market. Our company was built with a reputation of excellent service for our clients and we hope that you will become one of them.

We look forward to seeing you at the closing table!

1011 E. Colonial Dr., Ste 408 Orlando, FL 32803

7575 Dr. Phillips Blvd., Ste 140 Orlando, FL 32819

407-440-5025

407-615-8550

We service the entire state of Florida.

Call Christian Plocica

At (321) 972-9454 to learn more

MORTGAGE LOAN ORIGINATOR • NMLS988542

FAMILY FIRST FIRM Protecting you. Your family. Your future.

The Family First Firm is a boutique law firm established in 2009.

Our firm is dedicated to helping our clients protect themselves, their families, and their legacy through wills and trusts, advanced directives, Medicaid qualification, Veteran’s benefits, and probate.

(407) 574-8125 1212 Mount Vernon Street, Orlando, Florida 32803 Monday - Friday 9AM - 5PM

www.familyfirstfirm.com 247429

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