Pembroke Pines, Florida, located in Southeast Florida, is a fantastic place to call home.  Nearly 150,000 residents enjoy this vibrant city near Miami & Fort Lauderdale, employment centers, top-rated hospitals & medical care, shopping, highways & beaches.  Buyers have many communities to choose from, such as Silverlakes, Pembroke Lakes, Pembroke Falls, Chapel Trail, Encantada, Stoneridge Lake Estates, Towngate & Walnut Creek.  Abundant housing choices include  townhomes, villas, single family homes of all types & sizes within a wide range of prices & communities for seniors (age 55+).  This housing variety allows residents, from the very young to the young at heart, to enjoy life at its very best.  

To search for properties throughout Broward, including the cities of Pembroke Pines, Cooper City, Davie, Miramar, Plantation, Hollywood, Southwest Ranches, Weston, Ft. Lauderdale, Sunrise, Tamarac & Coral Springs, Fl., click on the "Search Property Listings" icon above & access the entire Southeast FLorida Multiple Listing Service (MLS) with no sign-in.  Please call me at 954-610-7864 or send me an email for additional information on any properties on the MLS.  Also click on zillow.com for more.

Here is an article from my March 2010 newsletter: Enjoy!

Changes to FHA Loan Terms

To protect its loan program, the Federal Housing Administration (FHA) recently announced changes that will be more expensive for buyers.  This is significant for both sellers & buyers be-cause FHA loans presently account for a very high percentage of the loan market (ap-proximately 40%). Buyers may need to buy a cheaper property or wait longer before buying as a result of the anticipated changes as de-scribed below:

Subject to a 60-90 day comment period, buyers with low FICO scores (580 or less) will have to make a down payment of 10%, not the present 3.5%, and the maximum amount of assistance that buyers can ask of sellers will be reduced to 3% of the purchase price. Effective April 5, 2010, the upfront mortgage insurance premium that buyers must pay will be increased 50 basis points to 2.25% of the loan amount. 

To receive my newsletter, contact me at 954-610-7864 or email me at daliakibby@keyes.com.