One of the key elements of my listing marketing plan is to have a full appraisal done on the property. This process gives my clients more confidence in the pricing of their home.

for sale
In addition when we go into contract and the buyers schedule there appraisal for the loan they are securing I attend the actual appraisal that is being done. At the time of appraisal realtors are permitted
to hand the appraiser comps they feel that should be considered in the process. At this time I hand the appraiser the original appraisal that was conducted which contain the actual comps for the area. I find this practice to be very effective and the appraiser is actually getting a second professional opinion in completing the final report.

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami, Florida home consultant. Our office specializes in both residential and commercial real estate and financing programs. We help you secure conventional, jumbo, FHA and foreign national mortgage loans. We can also help your elderly parents secure a comfortable retirement with a reverse mortgage. Call me today at 305-598-1600.

Remember to be thankful this Memorial Day…

Memorial Day marks the kick off of the summer season. Pool parties, barbecues, picnics and an overall feeling of fun and celebration usher in what is a somber day.

For many, it is a day of deep sadness and remembrance for a fallen loved one. Many paid the ultimate price so that you and I may experience unparalleled freedom, security and safety in the most blessed nation on earth.

So, this Memorial Day, as you are enjoying yourself, take a moment to reflect on your liberties, freedom and independence as a proud citizen of the United States of America, the greatest nation on earth.

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami, Florida home consultant. Our office specializes in both residential and commercial real estate and financing programs. We help you secure conventional, jumbo, FHA and foreign national mortgage loans. We can also help your elderly parents secure a comfortable retirement with a reverse mortgage. Call me today at 305-598-1600.

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If you’re anything like most Americans, your house is your greatest asset. So, whether you are buying or selling, you’re going to want to make sure you have all your I’s dotted and your t’s crossed with regards to selecting the right realtor for your sale or purchase.

The South Florida market is one of the most active markets in the country today. Since the decline of the market in late 2008, hitting lows later in 2009 and early 2010, the market has soared back to reach even higher highs?

Did you take advantage of this price appreciation?

Though we’re into the middle of 2016 already (where has the year gone), the South Florida market continues strong. There is talk of prices easing, but we’ve not seen such price declines, yet.

Are you looking to buy or sell?

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami, Florida home consultant. Our office specializes in both residential and commercial real estate and financing programs. We help you secure conventional, jumbo, FHA and foreign national mortgage loans. We can also help your elderly parents secure a comfortable retirement with a reverse mortgage. Call me today at 305-598-1600.

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Screen Shot 2016-05-19 at 3.36.21 PMWhile markets fluctuate regularly, are you going to let a potential market fluctuation keep you from buying your dream home or other investment property?

Or are you going to let a potential market fluctuation lead you to sell your family’s home in order to benefit before a possible downturn?

Of course not.

Markets go up; markets come down. We’ve seen plenty of cycles time and time again and we’ll see many more as time progresses.

Consider these opportunities to grow both your investment portfolio and other assets. In market downturns, the best thing to do is to wait and observe. A great buying opportunity is just around the corner.

Take a look at the South Florida real estate market, for example. The market begin to change later in 2007, prior to the stock market crash of late 2008/early 2009. What ensued was one of the best buying opportunities ever to be capitalized upon later in 2010 and 2011. Properties were purchased at nearly half of what these are today available for on the market.

Tap into a home equity line of credit to purchase that investment property you’ve been eyeing.

I’m Mario Quintero, your realtor for life. Let me be your Miami, Florida realtor. Our office specializes in both residential and commercial real estate. Additionally, we help you secure conventional, jumbo, FHA and foreign national mortgage loans. We can also help your elderly parents secure a comfortable retirement with a reverse mortgage.

Want to learn more? Call me today at 305-598-1600.

May 10th, 2016 | by Alana StramowskiPublished inNews, Retirement, Reverse Mortgage | 3 Comments

As people age and strive to stay in their homes for as long as possible, in-home care becomes a common option, but four out of five adults underestimate the costs of home health care and prices are on the rise, according to the Genworth 2016 Cost of Care Survey.

The median annual cost of homemaker services is up 2.56% from 2015 and now sits at $45,760. The median cost of home health aide services increased by 1.25% since 2015 and is now $46,332 annually.

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Over the past five years, costs have risen 11.1% for homemaker services and 6.6% for health aides, the study says.

“Although the high cost of long-term care in America is considered the ‘new normal,’ it does not change the reality of what is certainly one of the biggest societal issues of our time – that at least 70 percent of Americans over age 65 will need some form of long-term care services and support during their lives,” said Tom McInerney, president and CEO at Genworth.

Despite home health care being the most popular care option, nearly one-third of Americans incorrectly believe that the costs of these services is under $417 per month. In reality, the national median for an in-home aide is $3,861 and $3,813 for homemaker care.

The average American underestimates the cost of in-home care by almost 50%, according to a complementary Genworth online caregiving study.

People who are more affected by long-term care events are shown to more likely underestimate the cost of care. Those people include women (who are statistically more likely to enter caregiving roles), single adults (who may be reliant on themselves for care) and younger adults (who are more likely to deal with a parent who is in need of care).

“The data from our complementary study dramatically demonstrated the huge disparity between what consumers think costs are and what they actually are, which is why it’s so important for families to educate themselves about the costs and plan ahead for how they will pay for those costs before it’s too late,” said McInerney.

The national median cost of care rose among all care settings this year, except adult day care, which fell 1.25%, according to the Genworth analysis. Meanwhile, the cost of a private room in a nursing home went up to $7,698 per month, which is an increase of 1.24% from 2015 and the cost of assisted living also increased to $3,628 per month, which is up 0.8% from 2015.

To view the breakdown for each state, see the full results in this interactive map.

Written by Alana Stramowski

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Strock & Tanner is highly dedicated to supplying both quality and effective Reverse Mortgage services to senior citizens throughout the state of Florida. Strock & Tanner Mortgage Corporation works diligently to discover new and innovative methods to satisfy the individual requirements of each of our customers on a specific basis.

We are a team of top-notch specialists with comprehensive and extensive experience when it comes to handling different mortgage services. Strock & Tanner Mortgage Corporation offer superior customer service and make every effort to not just close loans, but we also educate each individual with the essential and vital information they will require about the offered mortgages services.
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If you want to learn more about our offered mortgages, our expert consultants will clearly set out the information for your program so that you will have the right choice. Call us today for a free consultation throughout the entire state of Florida. Contact us at 1-855-337-1600 or email info@stcloans.com for more details.

Various news outlets have reported on reverse mortgages and the series of program changes that have now made these loan products safer and more effective retirement planning tools. Perhaps none, however, have given reverse mortgages such an enormous viewership platform as a recent NBC Nightly News segment that aired this month.

More than half of people over age 55 have little or no retirement savings, said NBC Nightly News Anchor Lester Holt. But while reverse mortgages may have been controversial in the past, Holt notes consumer advocates now say these loans could be a “smart way to bring in more money.”

“Thanks to new government regulations, reverse mortgages are now actually harder to get, and with tougher lending standards in place, they’re actually becoming less controversial and more popular,” said NBC Business Correspondent Olivia Sterns. “Still, experts warn they are not for everybody.”

For the Rothschilds, a reverse mortgage was the solution to stay put, but after 30 years and four children later, the Cartersville, Ga. couple couldn’t afford to stay after the downturn hit. That is when they decided to get a reverse mortgage.

“It was scary. It was devastating,” Mr. Rothschild said during the segment.

When asked by Sterns if they were worried about the risks of getting a reverse mortgage, the Rothschilds admitted that sure, they were concerned, but that they also “did a lot of education.”

“I think reverse mortgages are going to be a lifeline for millions of retirees in the years to come simply because they are under-saved for retirement,” said Greg McBride, CFA, senior vice president and chief financial analyst at Bankrate.com.

The Rothschilds borrowed $250,000 in equity from their $440,000 home. If they sell or die, they only get what’s left of the equity, Sterns noted, which would be $190,000. The bonus of not having a mortgage payment, she said, translates into the Rothschilds now saving $2,500 each month.

“For the Rothschilds, it all added up to a little more breathing room as they retire,” Sterns concluded.

For reverse mortgages, appearing on primetime national news is huge exposure for the product, even if for only a two-minute segment.

NBC Nightly News dominated its competitors, both ABC and CBS, in the evening news ratings for the week of April 18, generating more than 8.1 million viewers, according to recent data from AdWeek.com.

The reverse mortgage segment aired at the end of that week on Friday, April 22.

View the NBC Nightly News segment.