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Financing in Melbourne : Real Estate Advice

  • All264
  • Local Info19
  • Home Buying86
  • Home Selling4
  • Market Conditions14

Activity 7
Mon Jan 18, 2016
Five Stars answered:
Please reach out to us below, Florida Jumbo loans is what we do best. We offer Jumbo financing up to 95%. You can read all about the latest Jumbo loan guidelines in the provided link below.

Five Stars Mortgage
Florida's Home Loan Resource
7 days week - 9am-8pm
Ph: 800-871-2636
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Wed Jan 21, 2015
Jinger Knox answered:
There are hard money lenders but you must have excellent credit, 50% LTV on constructed value and the costs are pretty steep. Do you have land? I'd love to help you put your project together if decide to give it a go.

Jinger Knox
85 and Sunny Real Estate
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Tue Sep 3, 2013
Barb Mihalik answered:
This is a very pretty and affordable townhouse community. The units have very attractive exterior paint colors and nice landscaping. Amenities include a community pool. Some units have a view of the large lake. You'd be very close to I-95 to travel north to Melbourne or south to Palm Bay. The beaches are only 10-15 minutes away. The Melbourne Square mall is also just minutes away and you'd also be very close to Publix Supermarket, Walmart, Lowe's and the new Hammocks Landing outdoor lifestyle mall with lots of restaurants, Kohl's, Marshall's etc. It's a great area for shopping, restaurants, health care facilities, area colleges. ... more
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Fri May 10, 2013
Don Shippey asked:
I have a buyer looking for a local lender in Melbourne familiar with local DPA and first time buyer programs. It will be a very low priced purchase. No need for an agent. Just a lender,…
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Thu Aug 11, 2011
Janet Brown answered:
Contact Deborah Holloway with Shelte Mortgage. She is amazing!!! As a realtor, I work very closely with her and Shelter Mortgage. Her number is 321-757-6600 x 1005
She is very trust worthy, personable and very attentive to her clients needs and concerns.
Hope this helps
Janet Brown
Exit 1st Class Realty
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Sat Apr 17, 2010
Hi, Paul

In a nutshell your closing costs will depend primarily on your credit score, type of loan program (FHA,VA, or CONV) loan amount, property taxes, whether you have to pay a real estate transfer tax or not, and what if any seller concessions you may have. For someone to quote/tell you what your closing costs should be without knowing these key factor is doing you more harm than good.

Your present lender should have explain all this to you. And any lender you may speak to thereafter should do the same. If not, they're not qualified to assist you. Good luck
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Sat May 17, 2008
Mark Palace answered:
Yes! Absolutely! Please contact mortgage broker Michael Petrizzo at (516) 965-7033. Let him know that I asked you to call him. He will preapprove you for your mortgage and we will help you get a brand new home or almost new home for little or nothing down!

Hi: I have created this link
for you so that you will be able to view specific information on some great deals in the greater Melbourne – Palm Bay area. Take a look at this link too in order to find out more about our firm and what we have to offer you as home buyers: Let us know if we can help you.

Mark Palace, CEO/Founder
Palace Properties International, Inc.

About Us
Our mission is to provide the best service possible to our customers and clients and to be ever mindful of your needs. We achieve true success only by placing you first.
Palace Properties International is a member of the Chamber of Commerce, Melbourne Area Association of Realtors, Florida Association of Realtors, National Association of Realtors, World Properties, Home Builders and Contractors Association of Brevard (HBCA), Florida Home Builders Association (FHBA) as well as the National Association of Home Builders (NAHB).
Whether you want to invest in California, Virginia, the Carolinas, Florida or elsewhere, we look forward to working with and for you, your family and your friends regarding your and their real estate pursuits. We take advantage of our elite and prestigious professional real estate network of top producing, pre-qualified Realtors that specialize in their respective geographical areas.
Company history
With a rich and diverse international background, the staff at Palace Properties International speaks nine languages, has lived and traveled in over 20 countries and possess multiple advanced postgraduate academic university degrees. Kelly and Mark Palace own the firm along with several other thriving businesses in central Florida.

Local Area Information
Come visit one of America's best kept secrets and you will truly fall in love with our subtropical paradise!

Just 35 miles east of Orlando, Brevard County prides itself as the home of Kennedy Space Center, the only facility in the world that launches the Space Shuttle; Port Canaveral, the second-busiest cruise port in the world; 72 miles of beautiful Atlantic Ocean beaches; and the largest collection of endangered wildlife and plants in the continental United States. With its tropical weather, cultural activities, educational opportunities, active and passive recreation options, high-technology industries, and family-friendly atmosphere, the Space Coast offers an exceptional quality of life that residents and visitors enjoy year-round. Nearly 500,000 people call its 15 municipalities and unincorporated areas "home."

Tucked in among the other beach communities of Brevard County, Indian Harbour Beach sits on two square miles of land between the Atlantic to the east and the still waters of the Indian River Lagoon to the west. Beachfront parks are a great place for a picnic (most have running water to wash off the sand before you replace your flip-flops) and Gleason Park offers 27 acres surrounding a beautiful lake, with exercise trails, lit by Victorian lights in the early evening. Tennis is available on city courts and baseball and soccer fields are available at the city’s million-dollar sports complex.

Mark, you truly are the Somerset Oceanfront Specialist. I really appreciate the way you have worked with me as an owner of two units. I know listing with you is the right choice as you are well connected both in the local community and to the international buyers. Each time I talk to you, it seems you have my best interest in mind. Thank you!” S. Veal, MD 03/22/08
- Dr. Steven Veal, Medical Doctor and Real Estate Investor 3/23/08

I met Mark Palace at the Curves Vibrant Womens Conference and decided to have Palace Properties help me find a place to rent or buy. He had a place within an hour and I could see it that evening after work. Mark works hard for his clients and always kept in contact with me by e-mails and phone calls when I needed to talk to him. Never had to wait long for a call back. He is very professional, courteous and respectful. There are some realtors out there that should take lessons from Mark Palace, Palace Properties.
- Patricia Kane, BRPH Architects/Engineers, Inc 7/24/07
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