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.

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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.

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

The reports are starting to come in…seems like there’s talk about the Miami market softening. But we at Strock & Tanner say, where’s this softening?

While, sure, Miami experiences the same fluctuations in the winter as other major metropolitan areas, where listings decrease, the spring has one again picked up with the usual speed, interest, and enthusiasm from buyers as we have experienced in years past.

If priced correctly at listing, we are seeing multiple bids on properties. These follow with a very quick “pending” sale announcement on the listing.

The condo market also continues to be strong, with steady demand.

Interest rates continue to be at all-times, allowing for an environment which buyers want to take advantage of.

I’m Mario Quintero of Strock and Tanner Loans. If you are interested in buying, selling, refinancing or a reverse mortgage, please call me at 305-598-1600 and I will personally help you with whatever your real estate needs may be.

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With regards to selling, you (the seller), are in control of your home’s destiny. You have all the power to determine whether or not your house will sell quickly or if it will stay on the market for a longer period of time.  In addition to choosing the correct realtor to represent and market your property, the next most important decision you will make is whether or not to price your home properly (and in-line with the comparables) or list it too high, and have the property linger on the market for a longer time.

If you price your home properly, you will benefit from a quick sale and turn around.  If you choose to ask more than the current value vis a vis the market, your house will suffer from a “reputation.”  Why risk that?

My name is Mario Quintero, “Your Realtor for Life.”  With access to the most sophisticated programs, I’ve helped thousands of homeowners just like you properly price their properties for a quick sale, in line with the surrounding market, while maximizing the value of their property.

Don’t chance having your home sit on the market longer than necessary.  Call me today at 305-598-1600 for a proper assessment.

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After 12 years as an active independent Realtor I have made the decision to join the Remax Advance Realty Team.
I have made this decision in order to improve the service levels that my clients have learned to enjoy over the years.
The Remax Brand will give me the opportunity to assist my clients throughout the state of Florida, throughout the United States
And many countries around the world. The Remax brand and support will also be an integral part in listing & selling Luxury Homes.

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If you or someone you know is looking for a great low down payment mortgage we now offer a low 3% down residential mortgage, without mortgage insurance, up to $417,000 but you need a minimum 680 credit score.
This is a great program for people getting back into the market or first time home buyers. This same program can be used for a rate & term refinance without cash out up to 95% without mortgage insurance. If you have any questions give me a call at 305-598-1600.

Retirees have the opportunity to use a reverse mortgage on their home for many financial challenges facing seniors today. Many well known sites such as Money Magazine, The Huffington Post, CNBC and CNN Financial news have all tooted the many benefits reverse mortgages afford to Seniors.

Let’s discuss a couple of the more prescient ones within the next few posts.

 

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Healthcare Expenses

Say for instance there is for a lump sum to pay in anticipated or unanticipated healthcare expenses. It is well known healthcare expenses pose a challenge for many Seniors.  As a Senior, you’ve hard your entire life. Upon retirement, though many of your expenses may lower, other expenses arise, such as health care costs. Why fret or worry? Safely tap the equity in your home, which you’ve worked hard to pay all your life, so that you may have that safety net to cushion you when unexpected costs arise.

You will not have to repay the monies taken for the reverse mortgage against your home until the time of your death. You will receive a lump sum payment from the reverse mortgage financing institution and neither you nor your heirs will be required to repay these monies until the time of your death.

Is this not something to allow you to breathe a sigh of relief?

Contact Mario Quintero of Strock and Tanner Loans, your Reverse Mortgage Specialist at 305-598-1600 for additional information along with a complementary consultation. He will explain all the benefits available to you with a reverse mortgage.

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Though we help individuals with all types of loans, Miami-based Strock & Tanner Mortgage specializes in reverse mortgages. A reverse mortgage is a unique financial instrument designed to benefit property owners age 62 and older. It pays YOU back. These senior citizens are those searching for a method to tap their home’s equity without being required to repay the loan while they still live and reside in their homes.

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With  STC Loans, you may easily obtain and borrow against the value of your house. The proceeds do not have to be repaid until death. So, the beneficiary lives in the home comfortably without making mortgage payments. Insurance and taxes must still be maintained. Know that many seniors are you using a reverse mortgage in Miami today in order to offset their retirement. This tool allows for the optimum quantity of flexibility to resolve your specific financial requirements and needs.

Call Mario Quintero at 305-598-1600 TODAY and learn your options for your Miami reverse mortgage.  Mario is licensed to help you with all your mortgage needs in the entire state of Florida, from Key West to the Panhandle. Let Mario Quintero be your Florida mortgage specialist.