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  Melbourne Mortgage Company offers the lowest rates on mortgage home loans, refinance, second mortgages, and debt consolidation for Tallahassee Residents
 
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What is a Home Equity Credit Line?

Tallahassee home owners who are in need of extra cash have many options at Melbourn Mortgage Company; one way to borrow money is through a home equity line. This source of credit can provide certain Tallahassee tax advantages and usually permits you to borrow large sums of money at reasonable rates. This line of credit uses your Tallahassee house as collateral though, which means such a credit line can be risky if you are unable to make the monthly payments. The funds that you receive from a home equity line can be used for anything from home improvements to a child’s school tuition. Call your Tallahassee mortgage brokers at Melbourne Mortgage Company to discuss all of your options, 321.837.0902.

What is a Home Equity Credit Line? What is a Home Equity Credit Line?
How Much Can I Borrow? How Much Can I Borrow?
Home Equity Loan Costs Home Equity Loan Costs



Refinancing is Easy With US!

For Tallahassee residents thinking about refinancing one of the first things you should do is analyze your savings. Check the market closely to determine the available rates and the costs associated with refinancing. These costs can include items such as an appraisal and other various fees and points. Then contact Melbourne Mortgage Company and we can help you determine what your new payment would be if you refinanced. You can estimate how long it will take to recover the costs of refinancing by dividing your closing costs by the difference between your new and old payments (your monthly savings). However, the ultimate amount you may save depends on many factors, including your total refinancing costs, whether you sell your home in the near future, and the effects of refinancing on your taxes. For more information on analyzing your savings and refinance costs for Tallahassee homes contact a Melbourne Mortgage Company representative today at 321.837.0902.

Benton County Real Estate Additional Tallahassee Refinance Information



Tallahassee Real Estate Information

At Melbourne Mortgage Company we offer real estate information in Tallahassee and the cities within. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 321.837.0902.

 
 

Tallahassee, Florida's Capital City, has a unique history. Nestled among the hills, red clay, and oaks of Florida's panhandle, Tallahassee may not seem like the typical Florida city. Yet the history of Florida and Tallahassee are closely connected.

"Tallahassee" is an Apalachee Indian word meaning "old town" or "abandoned fields". The Apalachee Indians lived throughout the panhandle from 500 through the 1600s.In 1539, Hernando de Soto spent the first Christmas in the New World in the woods near the present State Capitol. As more Spanish colonists entered the panhandle, disease and fighting reduced their population. The Apalachee Indians left and the area became an abandoned village, thus it was called "Tallahassee". "Tallahassee" is an Apalachee Indian word meaning "old town" or "abandoned fields"

When Florida became a territory of the United States in 1822, both St. Augustine and Pensacola, the major cities in Florida at the time, competed to be the Capital. Unable to come to an agreement, it was decided to locate the Capital at a point between the two cities. Tallahassee's tall hills attracted the search party, and in 1824 the City of Tallahassee was created, with a log cabin capital was quickly built.

Even as the state Capital, Tallahassee quickly acquired the reputation of an outlaw frontier town. Men on the street often carried guns and knives and duels were a popular recreation. After passing through Tallahassee, Ralph Waldo Emerson called Tallahassee "a grotesque place...rapidly settled by public officers, land speculators, and desperados." To end this lawlessness, a small group of police officers were commissioned, and Tallahassee's Police Department has served the City ever since, celebrating over 150 years of service.

The rich land quickly turned Leon County into a thriving agricultural area. Tallahassee had several large plantations and crops included cotton, corn and sweet potatoes. In 1860, 9,089 slaves lived in Tallahassee.

During the Civil War, Tallahassee was the only Confederate capital east of the Mississippi that did not fall to Union troops. At a small battle was waged at Natural Bridge, south of Tallahassee near the City of St. Marks, a put-together army of old men and students from the West Florida Seminary (now Florida State University) fought off an attack by Union troops.

After the Civil War, many of Tallahassee's large plantations were turned into hunting lodges for wealthy winter residents from the North. Times were tough, with more laborers than jobs, and farmers caught in the never ending cycle of share cropping. Yet Tallahassee slowly continued to grow. In 1950, Tallahassee's population reached 27,237, and farmers were no longer the majority of the rural population.

Almost since being named as the Capital, Tallahasseeans have fought back various attempts to move the Capital to another City. After the turn of the century, business men have promoted hotels and lodging houses to insure that legislators had places to stay. In an effort to beautify the town, hundreds of dogwoods and oaks were planted along streets and in front yards and have become an symbol of Tallahassee. In the 60s, the town even organized "Springtime Tallahassee", an annual parade and celebration, in an effort to keep legislators from moving the Capital. With the dedication of the new Capital Complex in 1978, the threats of moving the Capitol were put to rest for the time.

Today's Tallahassee is a community where tradition and family are important. Government offices share the largest sector of the labor force, followed by services and retail trade. Two universities, Florida State University and Florida A & M, and Tallahassee Community College attract highly educated professionals and researchers. In recent years, Tallahassee has become home to super computers and the National High Magnetic Laboratory. With a population of over 150,000, Tallahassee is no longer the abandoned fields it once was.

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