Buying Florida
Didier Malagies is a leader in the Tampa Bay Mortgage industry, serving Pinellas, Pasco, Hillsborough counties, and beyond with his sights set on educating residential and commercial buyers regarding Florida purchases. With over 20 years of expertise, Didier has built relationships with realtors, bankers, and clients based on integrity and his drive to provide the best customer experience in the state by being there from beginning to end of every purchase.
Whether you're looking to move, invest, start a business or expand, Didier will share everything you need to know on his show every week.
Didier Malagies nmls#212566/DDA Mortgage nmls#324329
Episodes
289 episodes
WE can close your loan in December
We can close your loan in December, we need just a min of 2 weeks and we all work togetherloan application takenappraisal ordereddocuments uploaded,title work orderedinsurance chosenWe can make it happen based on tea...
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Season 5
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Episode 48
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2:51
what happens with lower appraised values on FHA, Conventional, and
When a property appraisal comes in lower than the agreed-upon purchase price, it can complicate financing for the buyer. Here's what typically happens for FHA, Conventional, and VA mortgages:1. FHA MortgagesImpact of a Low Appraisal...
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Season 5
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Episode 47
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4:24
Small Business Emergency Bridge Loan
The Florida Small Business Emergency Bridge Loan Program is a state-funded short-term loan program that provides immediate, temporary assistance to small businesses impacted by a disaster, such as hurricanes, floods, or other emergencies. Admin...
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Season 5
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Episode 46
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3:51
1% down to purchase a home with the lender giving you 2% down, tune in
Lender's 1% Down Payment program is designed to make homeownership more accessible for eligible first-time buyers by lowering the upfront costs typically required for a mortgage. Here's a breakdown of how the program generally works:How...
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Season 5
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Episode 45
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3:57
No money down on a home if your present home has been affected by the hurricane
The FHA 203(h) program is a Federal Housing Administration (FHA) loan specifically designed to help people affected by natural disasters, like hurricanes, purchase or rebuild a home. It provides an accessible way for victims of federally declar...
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Season 5
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Episode 44
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4:26
Now able to provide second mortgages on investment properties
A second mortgage for an investment property is a loan taken against the equity in a property you already own, specifically one that is not your primary residence. It allows you to tap into the equity of the investment property to finance other...
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Season 5
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Episode 43
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4:09
What steps need to be taken after a hurricane in order to close on your mortgage
After a hurricane, the process of closing on a mortgage may be impacted due to potential damage to the property or delays caused by the storm's aftermath. Here are the next steps to take:1. Assess Property DamageInspect the Property...
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Season 5
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Episode 42
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3:59
Why are interest rates going up
The Federal Reserve influences interest rates in the economy, but its actions may not always align with the actual rates individuals or businesses experience in the market. Even if the Fed cuts its benchmark interest rates, other factors can ca...
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Season 5
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Episode 41
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1:55
Purchase flood insurance even if you are not in a flood zone
Purchasing flood insurance, even if you're not in a designated flood zone, can be a wise decision for several reasons:1. Floods Can Happen AnywhereFloods are not confined to high-risk zones. In fact, more than 20% of flood insurance...
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Season 5
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Episode 40
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2:41
Fed cut rates, what happened?
When the Federal Reserve (Fed) cuts interest rates, it is usually intended to stimulate economic activity. Here's what typically happens when the Fed lowers its benchmark interest rate:1. Lower Borrowing CostsFor Consumers: Lower ra...
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Season 5
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Episode 39
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4:05
What is up with Interest Rates?
Following the 10-year treasury yield, it has gone from 4.9 down to 3.64, the market is ahead of the Fed in anticipating a rate cut this month, so the drop in rates has already been baked in. When the Fed drops it will be a .25 or a .5 and the m...
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Season 5
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Episode 38
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3:12
Pros and Cons of an FHA Mortgage
An FHA (Federal Housing Administration) mortgage is a popular home loan option, especially for first-time homebuyers or those with limited down payment funds or less-than-perfect credit. Below are the pros and cons of an FHA mortgage:Pr...
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Season 5
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Episode 37
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3:25
2/1 buydown where the lender pays the difference in interest for the 2 years and not the seller
First-time Homebuyers are able to purchase a home with a 2/1 Buydown at the wholesale lender's expense. If you purchase a home and the interest rate is say 6.375%, the 2/1 buydown allows you to pay 4.375% for the first year, then 5.375% the sec...
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Season 5
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Episode 34
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3:29
Now offering Helocs on Primary, Secondary, and INVESTMENT PROPERTIES
I have Helocs on primary, secondary, and now Investment properties.How exciting to tap into the equity on your investment property without having to refinance the first if you have that nice low interest rate.If you have a low interest ...
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Season 5
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Episode 33
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3:19
What happens after the rates come down
We know when the interest rates drop the following will happen1. refinancing to a lower rate2. consolidating debt into one lower payment3. First-time home buyers will be coming out to buy4. There will be downsizing of homes with...
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Season 5
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Episode 33
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3:32
When do you think Interest rates will really come down?
The Government is printing 1 trillion every 100 days, we are over 35 trillion in debt today, and we are spending 1/3 of the debt is interest payments of total revenue coming in, next year it will have 1/2.so I feel the probability of rates ...
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Season 5
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Episode 32
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4:58
You are not in a flood zone, not a bad idea to get Flood Insurance
Whether to get flood insurance outside of a designated flood zone depends on various factors, including your location, property value, risk tolerance, and financial situation. Here are some points to consider:Flood Risk Outside of Flood...
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Season 5
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Episode 31
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4:28
different ways of paying off your mortgage sooner
Paying off your mortgage earlier can save you money on interest and give you financial freedom sooner. Here are some strategies to help you achieve this goal:1. Make Extra PaymentsBiweekly Payments: Instead of making one monthly pay...
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Season 5
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Episode 30
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5:54
Is it accurate the credit scores you are pulling
Why is it that when you pull your credit scores it is usually not the same as when you have one pulled for a mortgage?Credit Karma is a great source but the scores are usually not spot on the value is that when you make payments or make cha...
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Season 5
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Episode 29
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3:35
Portability and homestead and what you need to know
The concepts of real estate portability and homestead are key aspects of property tax laws in some jurisdictions, notably in states like Florida. Here's an overview of each:Real Estate PortabilityReal estate portability, particularl...
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Season 5
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Episode 28
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3:39
What is the process like for a Reverse Mortgage
I like to see what is available for you by getting your age and the approximate value of your home. Once we have that and go over what you may have available, we encourage you to get take the Gov't class which costs about $190. You have a 3rd p...
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Season 5
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Episode 28
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5:59
What happens after your home closing with all the mail coming to you?
After closing on a mortgage, many new homeowners notice a significant increase in the amount of unsolicited mail, often referred to as "junk mail." Here's why this happens and what you can expect:Why You Receive More Junk MailPublic...
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Season 5
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Episode 27
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3:55
Do you have enough insurance coverage with all the appreciation on your home
How long has it been since you have lived in your home? what did you pay for it back then and what is the value today after all of the home appreciation?Maybe it is time to call your insurance agent and ensure you have replacement coverage....
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Season 5
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Episode 26
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2:58
PMI is different on FHA, VA, and Conventional Mortgages
VA Mortgages have no monthly PMI, they have a funding fee that goes on top of the loan and it varies from a first-time VA buyer to a second-time user if there is a certain percentage of disability then no funding fee.With an FHA Mortgage, t...
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Season 5
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Episode 25
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4:51
The loan limits for FHA, Va, and Conventional
For Conventional loans, limits are now at $766,550 before entering Jumbo territory. You can buy a home for $806,842 putting 5% down and still be Conventional. Now for FHA the loan limit is $498,257. you can buy a home for $516,328 put...
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Season 5
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Episode 24
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3:28