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Home > Archives for October 2019

Archives for October 2019

Taking the Fear Out of the Mortgage Process

October 31, 2019 by Admin Leave a Comment

  A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it doesn’t have to be!  In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans Continue Reading

4 Reasons to Buy a Home This Fall

October 29, 2019 by Admin Leave a Comment

  Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over the next year. The bottom in home prices has Continue Reading

1 in 5 Americans Say They’ve Lived in a Haunted House

October 28, 2019 by Admin Leave a Comment

ImageegamI / Getty Images October 25, 2019   In a survey, 23% of Americans said they’ve lived in a haunted house and an additional 20% may have.  SANTA CLARA, Calif. – Nearly 60% of people who have lived in a haunted house didn’t know it was haunted before they moved in, according to realtor.com’s, fourth annual Haunted Real Estate Report.   The Continue Reading

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

October 28, 2019 by Admin Leave a Comment

Some Highlights: Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process: 71% of buyers who purchased homes have put down less than 20%. 78.1% of loan applications were approved last month. In September, Continue Reading

Homes Are Selling Quickly [INFOGRAPHIC]

October 21, 2019 by Admin Leave a Comment

    Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, Continue Reading

Homeownership is the Top Contributor to Your Net Worth

October 10, 2019 by Admin Leave a Comment

Homeownership is the Top Contributor to Your Net Worth Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household Continue Reading

What FICO® Score Do You Need to Qualify for a Mortgage?

October 8, 2019 by Admin Leave a Comment

What FICO® Score Do You Need to Qualify for a Mortgage? While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than you may Continue Reading

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Mark Trafton IV Broker/Owner

Mark has been a member of the Armor Realty family since September 2006. The company’s founder, Paul Armor brought Mark on board to be the Managing Broker and on January 1, 2010, Mark bought the company and became Broker/Owner.  He was licensed in 2002 and has subsequently earned the National Association of Realtors’ CRB designation (Certified Real Estate Brokerage Manager), CRS designation (Certified Residential Specialist), GRI designation (Graduate Real Estate Institute) and the SFR (Short Sale Foreclosure Resource) Certification. Mark has served the Tallahassee Board of Realtors in numerous capacities including Treasurer (2017 – 2018), Secretary (2009); Governmental Affairs Chairman (2005-2007); and Director 2007, 2008, 2010, and 2011.

Armor Realty of Tallahassee, Inc

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Tallahassee, Florida 32309

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