Miami Solar Eclipse

Miami Solar Eclipse

 

Miami Solar Eclipse

August 21, 2017 — Great American Eclipse (Total Solar Eclipse)

 

A Few Reasons Why This Eclipse is Significant

1. 1st Total Solar Eclipse in 38 Years…

…for those in contiguous United States (excluding Alaska and Hawaii). The last time anyone in mainland US saw a total eclipse of the Sun was on February 26, 1979. If you live in the US and miss this event, you’ll have to wait 7 more years, until April 8, 2024, to see a total solar eclipse from a location in the contiguous United States.

2. Most North Americans Will Be Able To See Totality…

…if they are willing to drive that is. The total eclipse will only be visible along the Moon’s central shadow, which at its widest will be about 115 kilometers (71.5 miles), according to some sources. Its path will span from the country’s West Coast to the East Coast. The rest of North America, as well as Central America and northern parts of South America, will experience a partial solar eclipse. NASA has estimated that a majority of the American population lives less than a 2-day drive away from the path of totality.

3. A Once-In-A-Lifetime Event

While total solar eclipses are not rare—they occur twice every 3 years on average and can be seen from some part of the Earth—a total eclipse of the Sun that can be seen from the American West Coast to the American East Coast occurs less frequently. In fact, the last time a total solar eclipse was visible from coast to coast was almost 100 years ago, on June 8, 1918!

What makes this eclipse extra special is that it is the first time since the total solar eclipse of January 11, 1880 that a total solar eclipse will occur exclusively over the continental United States—no other country will see totality, though many countries will see a partial eclipse of the Sun.

Because of these reasons, the eclipse is also being called the Great American Eclipse.

4. Parts of 14 American States Will Go Dark…

…for the 2 minutes of totality. The Yaquina Head Lighthouse in Newport, Oregon will be the first location on continental US soil to see totality. The partial phase of the eclipse will begin here at 9:04 am local time. Lincoln City, Oregon will also be one of the first locations in the country to experience totality.

Oregonians will also be the first to see totality as the Moon’s shadow moves east at an average speed of about 3600 km/h (2237 mph). After Oregon, the eclipse will move through Idaho, Wyoming, Nebraska, Kansas, Missouri, Illinois, Kentucky, Tennessee, North Carolina, Georgia, and South Carolina. Montana and Iowa are the only states where the path of totality will pass through unpopulated areas. People in Charleston, South Carolina will be some of the last people in the US to see totality.

Nashville, Tennessee is one of the few large cities in the United States to fall completely within the eclipse’s path of totality. Interestingly, only some parts of Kansas City, Kansas and Kansas City, Missouri will be able to see a total solar eclipse.

5. Totality Will Be Spectacular

Totality in a solar eclipse begins and ends with a diamond ring.

If you are lucky enough to be in the path of totality, you are in for an astronomical treat, weather permitting, of course. When the eclipse begins, at 1st contact, it will appear as if the Moon is taking a bite out of the Sun. As the eclipse progresses, the sky will get darker, the temperature will drop, and if you pay attention, animals and birds will become quieter.

At 2nd contact, which is when totality begins, Baily’s Beads become visible. As the Moon completely covers the Sun’s surface, the diamond ring can be seen. You might also see pink spots called prominences near the diamond. These spots are caused by gases on the Sun’s surface.

Totality is the only time when one can see the corona, the Sun’s atmosphere. At 3rd contact, Baily’s Beads will once again become visible and a second diamond ring may appear.

6. Stars During the Daytime

As the sky turns dark, planets and stars hidden in the sky by the Sun’s bright light will reappear. Look for Mars, Mercury, Jupiter, and Venus during totality.

7. You Will Need Eye Protection

Do not look directly at the Sun, before, during or after the eclipse without any protective eyewear.

Looking at the Sun with your naked eyes is highly dangerous and can even cause blindness. The safest way to see a solar eclipse is to wear protective eclipse glasses or use a pinhole projector you can easily make yourself.

Did You Know? This is the First Total Solar Eclipse in USA Since 1979

This is the first total eclipse of the Sun visible from the contiguous United States (excluding Alaska and Hawaii) since February 26, 1979. The last time a total eclipse was visible from coast to coast was on June 8, 1918.
Eclipse calculations usually accurate to a few seconds.

Next Total Solar Eclipse will be on Jul 2, 2019.

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. I’ll be out showing property to customers on Monday.  Let me be your Miami home consultant. STC Loans specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage..

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

 

 

Mortgage strategies for the self-employed

Mortgage strategies for the self-employed

Mortgage Strategies for the Self-Employed

Do you remember the “no-doc” real estate financing loans pre-financial crisis? Are you among the ranks of self-employed, successful entrepreneurs in Miami wanting to either purchase another home? Or, do you wish to invest in additional real estate because you’d like to diversify your assets?   Unfortunately, however, you can’t because you have issues with the current financial environment vis a vis securing a reasonable interest rate with a reputable lender.   Because of this, what you need are mortgage strategies for the self-employed.

Does this sound about right to you?

Does this sound like your situation?

Well, the team at STC Loans can help you.

Why Work with Mario Quintero

Are you a successful entrepreneur searching for financial strategies to help you secure additional property?  Are you in the market for a property?  I help people reach their goals. I’m in the business of helping people achieve their dreams.  In today’s challenging financing environment, the team at STC Loans employs diverse financial strategies to help you achieve your goals of acquiring additional real estate.

Whether you want to sell or buy for the first time, refinance your existing loan, purchase an investment property, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Because of this, let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario, Your Miami Realtor

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

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

 

 

 

 

 

 

Miami Hurricane Season

Miami Hurricane Season

 

From CNBC June 1, 2017

 

Miami Hurricane Season

You — and your home — are in for a tough Miami hurricane season. Scientists expect 11 to 17 named storms in 2017, and as many as 9 may be hurricanes.

It’s looking like a busy season for hurricanes — and homeowners. Prime time for these big storms along the Atlantic coast kicks off on June 1 and runs until Nov. 30.

Scientists at the National Oceanic and Atmospheric Administration are forecasting “an above normal” hurricane season with as many as 11 to 17 named storms this year. Of those, 5 to 9 could become hurricanes. Four of these may become major hurricanes with sustained winds of at least 111 mph.

 

Hurricane Sandy, which bashed the East Coast in October 2012, resulted in $18.8 billion in estimated insured losses, according to Verisk Analytics’ Property Claim Services.

Check these items in your existing policy to get a sense of how well you’re covered in the event of a storm:

Homeowners insurance limits

Your homeowners coverage isn’t bulletproof if a tropical storm or hurricane strikes your home.

For instance, your policy may have a hurricane deductible, making you responsible for the equivalent of 1 percent to 5 percent of your home’s insured value.

Whether this deductible is applied will be based on your policy’s terms and your state’s insurance laws.  Hurricane deductibles are in effect in 19 states and the District of Columbia, according to the Insurance Information Institute.  These are Alabama, Connecticut, Delaware, Florida, Georgia, Hawaii, Louisiana, Maine, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Texas and Virginia.

Aim to have at least the amount you’d need to meet your deductible either in cash or in a home equity line that you arrange ahead of time.

Flood insurance

Your homeowner’s coverage likely won’t cover any damage related to flooding, so you’ll need to buy this coverage through either the National Flood Insurance Program or the private market.  A 2016 poll from the Insurance Information Institute showed that 12 percent of American homeowners had a flood insurance policy.

Keep in mind that this isn’t a cure-all: Under the program, coverage on the structure of your home is limited to $250,000, and your contents are protected up to $100,000.

Here’s your checklist

Know your deductible: Understand the amount you’ll need to pay out of pocket before your coverage kicks in. See how your hurricane deductible compares to your standard deductible.

Review your policy’s details: Examine your homeowner’s policy and see if your insurer will reimburse you for a hotel stay or rental home if you’re displaced from your dwelling. Check the limits: These can be a per diem or a flat dollar amount.

Top up your insurance shortfalls now: If you haven’t bought flood coverage, and you live near water, you’re taking a big risk. Consider excess flood coverage if your home’s value exceeds the $250,000 maximum covered by the National Flood Insurance Program.

Don’t forget personal items: Think about adding endorsements to your homeowner’s coverage so that you can replace valuables

Consider improvements to protect your home: Check valves can protect your home from sewage and drainage backflow. Roof clamps and window shutters can limit your wind damage in the event of a storm.  “Once you’ve let the wind in through a broken window, the likelihood is that you’ll lose the roof and home.”

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero of Strock and Tanner Mortgage, your mortgage & realtor for life.  I’ve lived in South Florida long enough to know the dangers hurricanes can pose to your home.  Let me help you weather storms with appropriate checklists.  Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage..

 

benefits of a reverse mortgage

benefits of a reverse mortgage

 

Benefits of a Reverse Mortgage

There’s a certain misconception about reverse mortgages. Many believe reverse mortgages are financial tools only those with debt or final distress take. This is untrue.  A reverse mortgage is a financial instrument you may use in addition to other financial instruments when you are about to enter into retirement. The reality is that many Americans are unprepared for retirement.  However, there are many benefits of a reverse mortgage.

A Few Key Benefits of a Reverse Mortgage:

  • BeIt gives you access to cash.
  • It extends the life of other retirement savings by not having to tap into those
  • Financial counseling is required to ascertain they qualify for the product.

According to Bankrate, “The reverse mortgage is probably one of the most misunderstood programs out there.  But, when most people who don’t understand how it works learn about it, the most common thing they say is, ‘Why doesn’t everybody get one?'”

Why Work with Mario Quintero of STC Loans

Would you like to take advantage of the many reverse mortgage loan benefits available? Do you think you qualify for a reverse mortgage? Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the reverse mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients secure and supplement their retirement through a reverse mortgage.

Let me be both your trusted Miami realtor and Miami mortgage broker.  Let me be your realtor for life.

Get in Touch with Mario

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

Call me today at 305-598-1600 or contact me here.

What's Your Value

What’s Your Value

The Value of You

I love this story, because it reminds me not to compare myself with others, but to value myself by my own standard.  So, what’s your value?

A popular speaker started off a seminar by holding up a $20 note. A crowd of 200 had gathered to hear him speak. He asked, “Who would like this $20?”

200 hands went up.

He said, “I am going to give this $20 to one of you but first, let me do this.” He crumpled the money up into a wad.

He then asked, “Who still wants it?”

All 200 hands were still raised.

“Well,” he replied, “What if I do this?” Then he dropped the $20 note on the ground and stomped on it with his shoes.

He picked it up, and showed it to the crowd. The money was now crumpled and dirty.

“Now who still wants it?”

All the hands still went up.

“My friends, I have just showed you a very important lesson. No matter what I did to the money, you still wanted it because it did not decrease in value. It was still worth $20. Many times in our lives, life crumples us and grinds us into the dirt. We make bad decisions or deal with poor circumstances. We feel worthless. But no matter what has happened or what will happen, your value is what it was before that thing happened to you. Circumstances make you look a bit different on the surface, but you are as valuable as ever. Don’t ever forget

 

Why Work with Mario Quintero

I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. I’m Mario Quintero, of STC Loans, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Your Life Vision

Your Life Vision

 

Hone Your Life Vision

Just like businesses are guided by a vision, your life can also benefit from having a vision.  Your life vision is a description of your idealized lifestyle and outcomes.  Vision is often based on living according to your highest values and principles.

When honing your life vision, here are things to keep in mind:

  • Your vision shouldn’t be about “shoulds”.  Your vision is based on what you want to achieve.
  • A vision includes identifying your highest values.
  • Focus your vision on a higher sense of what you’d like out of life based on your values. Don’t worry about specific details.
  • Keep your vision distinct from your goals.  A goal has a time-bound and measurable outcome.  A vision is the broad sense of direction you want your goals to take you.
  • Keep your vision fresh.  If you’re feeling bored, re-evaluate your life vision.

Why Work with Mario Quintero

I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

 

Get in Touch with Mario, Your Miami Realtor

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

Call me today at 305-598-1600 or contact me here.

 

Miami Home Closing

Miami Home Closing

 

Miami Home Closing Celebration

The Mario Quintero team at Re/Maxx held a Miami home closing celebration this morning for our Re/Maxx buyers Julio & Meylin. STC Mortgage took of the financing. As you can imagine, the family is very happy with their new home purchase. A very special thanks goes out to our team members. Laura Menendez, senior loan processor/originator, handled all the financing details.  Jackie Velazquez, Re/Maxx transaction coordinator arranged for everything to fall into place.   And the entire team at C and C Title Agency achieved a smooth, hassle-free closing.

 

Why Work with Mario Quintero

Just as I helped Julio and Meylin find their perfect and get the most competitive interest rate for their home purchase, I can help you, too.  I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario, Your Miami Realtor

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

Call me today at 305-598-1600 or contact me here.  Let’s find your dream home!

No PMI Loans

No PMI Loans

From Realtor.com

Avoiding PMI Without the 20% Down Payment

No PMI Loans

Did you know you don’t have to put 20% down to avoid PMI, or private mortgage insurance?  Indeed, you may qualify for no PMI loans, without the 20% down payment.

What is a Conventional loan without PMI?

When you fall short of a 20-percent down payment on a conventional mortgage loant, you must pay for private mortgage insurance, or PMI. Although you can’t avoid the coverage which protects your lender in case you default, you can prevent monthly payments. Some conventional lenders offer alternative methods of paying PMI premiums to help keep your monthly payments low. You may also eventually qualify to cancel PMI, with your lender’s permission.

Conventional loans offer better interest rates and repayment terms in comparison to government-backed loans. Conventional financing requires good credit and a healthy debt-to-income load. If you lack this criteria, which is set by Fannie Mae, you can turn to financing backed by the Federal Housing Administration or the Department of Veterans Affairs, provided you are an eligible veteran. You can also opt for a conventional loan with PMI. Typically, you pay the annual PMI premium in monthly installments, along with the mortgage payment.

You can forgo monthly PMI installments by increasing your conventional loan’s interest rate. Known as lender-paid PMI, the lender covers the PMI premium for you and passes the cost onto you by increasing your interest rate. Your rate generally increases by three-quarters of a percentage point to a full percent, according to Realtor.com. Because you keep the increased interest rate for the duration of your loan, you can ultimately end up paying more over the life of your loan with lender-paid PMI.

Why Work with Mario Quintero

I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario, Your Miami Realtor

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

Call me today at 305-598-1600 or contact me here.

Miami Home Sales

Miami Home Sales

What Sales Slump?

Courtesy of Reuters

U.S. home resales rose more than expected in March to the highest level in more than a decade, The National Association of Realtors (NAR) announced on Friday.  Miami home sales remain strong.

Existing home sales climbed 4.4 percent for the month, while economists were expecting a smaller increase of 2.5 percent, according to Thomson Reuters consensus estimates.

While the number of homes on the market rose 5.8 percent to 1.83 million units last month, housing inventory was down 6.6 percent from one year ago, implying that demand is outweighing supply.
Properties typically remained on the market for 34 days in March, compared to 45 days in February, the NAR added.

“The early returns so far this spring buying season look very promising as a rising number of households dipped their toes into the market and were successfully able to close on a home last month,” Lawrence Yun, a chief economist for the industry group, said in a statement. “Sales will go up as long as inventory does.”

U.S. home resales fell more than expected in February amid a shortage of houses on the market, which pushed prices up and sidelined potential buyers.

The NAR’s existing home sales data measures sales and prices of existing single-family homes for the nation overall.  These figures also include condos and co-ops.

Why Work with Mario Quintero

I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

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

Call me today at 305-598-1600 or contact me here.

Forgotten Passwords

Forgotten Passwords

Forgotten Passwords

Several years ago, a young man named Maruicio Estrella had one of those inspirational moments that makes so much sense in hindsight.

Due to a recent divorce in his life, he found himself in an angry depression. The final straw seemed to be one day when he walked into his office and was faced with a “Your Password Has Expired” message on his computer.

Remembering that a former boss had combined to-do lists with passwords, he had a sudden insight. He would use a password to change his life.

He came up with the password Forgive@h3r. The constant reminder over the next 30 days as he typed in his password every morning seeped into his subconscious. It had a healing effect on him.

At the end of 30 days, he changed his password to Quit@smoking4ever. According to Estrella, he quit smoking overnight.

Here are some other passwords he has used since, and his results:

  • Save4trip@thailand. I went 3 months later.
  • Sleep@before12. It worked. Got lots of sleep.
  • No@drinking2months. It worked, felt great!
  • Eat2times@day. Never worked, still overweight.
  • Get@c4t! It worked…we have a cat.
  • Facetime2mom@sunday. It worked. I talk with my mom every week.

What kinds of goals can you put into your passwords, and possibly into your life?

Why Work with Mario Quintero

I help people reach their goals.  Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

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

Call me today at 305-598-1600 or contact me here.