It is a great time to buy real estate as mortgages remain at historical lows

Summer is over, the kids are back to school and it is time for the busy Fall season in the real estate business. With the onset of Fall, business is booming.  As such, we would like to remind all of our clients and friends that our Universal Title team is working hard to meet all of your real estate needs.   It is a great time to buy real estate as mortgages remain at historical lows and property values continue to increase.  Additionally, while mortgage rates have risen, they are still favorable.  Property values have risen and are expected to rise more.  Thus, it is a good time to take advantage on both fronts. 

Please see the attached link which is an article in the Miami Herald discussing the rise in property values in South Florida:

 Miami Herald Reports Higher Property Values in South Florida 

Also, looking down the road, Universal Title is already planning for the implementation of the forthcoming new laws established by the Consumer Protection Finance Bureau that will govern how lenders and title companies do business in the future (which, by extension, will affect our clients).  Thus, we are staying ahead of the curve by establishing our ‘Best Practices’ guidelines which will be the standard for which title companies are to be reviewed and certified by lenders. Universal Title will be ready when the time comes so that we will be able to continue to serve our clients without interruption.    

Remember our no-cost short sale program!  We are still in full force. We have saved our clients millions of dollars in potential losses!  Contact our office to obtain our short sale package.