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Showing posts from June, 2016

Pelican Cove on Little Sarasota Bay

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Pelican Cove is a 75-acre community on Little Sarasota Bay. The Cove features 731 condos in 6 different neighborhoods. Each one having differences in interior and architectural layout.  Each one also is designed to have an outstanding view. Pelican Cover has 3 community clubhouses and 6 heated pools ( one for each of the 6 neighborhoods). Maintenance fees vary for different areas and range from 334-964 (based on info from their FAQ on website). The fee includes water, sewer, insurance,  maintenance of common areas, pest control and garbage. If you are a boating enthusiast  there is easy access to the Intercoastal Waterway from Pelican Cove's own private harbor with 20-40ft boat slips.  Canoe and Kayak storage is also available The amenities make Pelican Cove a high sought after community.  They have a very active social club. If you are interested in renting or owning in Pelican Cove and would like to view some units that are available-  Please co...

Borrower Tips for a Successful Closing

Tips from Gulfside Mortgage Services 1062 E Venice Avenue, Venice FL 34285 NMLS #375972 1. Don't buy or lease an auto. Lenders look carefully at your debt-to-income ratio. A large payment such as a car lease or purchase can greatly impact those ratios and prevent you from qualifying for a home loan.  2. Don't move assets from one bank account to another. These transfers show up as new deposits and complicate the application process, as you must then disclose and document the source of funds for each new account. The lender can verify each account as it currently exists. You can consolidate your accounts later if you need to.  3. Don't change jobs. A new job may involve a probation period, which must be satisfied before income from the new job can be considered for qualifying purposes.  4. Don't buy new furniture or major appliances for your new home. If the new purchases increase the amount of debt you are responsible for on a monthly basis, there is the poss...