Weiss Title Services

Be prepared for this hurricane season...

The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement | CNN Business The 6% commission, a standard in home purchase transactions, is no more.

The State of Florida has mandated that ALL homeowners insurance policy holders with Citizens Ins. must get a flood insurance policy.

For those in a FEMA-designated flood zone, all new policies must have it and all policy renewals after July 1, 2023 must get it.

For those NOT in flood zones, it depends on your property value:

January 1, 2024, for property valued at $600,000 or more.

January 1, 2025, for property valued at $$500,000 or more.

January 1, 2026, for property valued at $400,000 or more.

January 1, 2027, for all other personal lines residential property insured by Citizens

Florida homeowners with Citizens Property Insurance upset over mandatory flood insurance in non-flood zones A bill out of last year’s legislative special session requires all Citizen’s residential policies to also have flood insurance in phases starting this month to January 1, 2027.

Happy St. Patrick's Day!

Fed Move Has No Negative Impact on Mortgage Rates Borrowing costs have fallen a full percentage point since November, enabling millions more potential buyers to reenter the market.

Mortgage rates decreased this week! "As inflation continues to moderate, rates are at their lowest level since September of last year."

Read more and see the trends:

Mortgage Rates As inflation continues to moderate, mortgage rates declined again this week. Rates are at their lowest level since September of last year, boosting both homebuyer demand and homebuilder sentiment. Declining rates are providing a much-needed boost to the housing market, but the supply of homes remain...

Wells Fargo Is Backing Out Of The Mortgage Market - What Does It Mean For Homebuyers? While not exiting it entirely, they’ll be focusing on only providing mortgages to their existing customers, and those in minority communities.

Aiming for Aesthetic Edibles - Garden Design Create a mix of edibles and ornamental plants to add drama and interest to container gardens while reaping the rewards of bountiful fruits and vegetables.

Four Stories Ep. 33: MBA Predicts the Purchase Market to Grow Modestly 09/01/2022 Economists project a slight improvement for purchases in 2023, NAR messes with Texas and PropLogix needs more title pros to take their survey. Participate in...

Interesting statistic given the shortage of homes currently for sale.

Nearly 1.7 million homes sit empty in Florida, more than anywhere else in the country A weekly alert that contains in-depth news, information, insight and analysis on the most critical real estate related issues and topics facing Florida.

Four Stories Ep. 9: Freddie Mac Verifies Direct Deposit Income | Behind the Scenes 02/24/2022 Less paper in lending, Americans continue to relocate, a record for bidding wars and a lender whose problems have only gotten worse.Freddie Mac verifies dire...