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Next Entries »Jumbo Loans “Secrets” for the affluent borrower
Thursday, March 26th, 2009Jumbo loans are home loans over $417,000. Although it’s true they are harder to get, knowing some insider tips of how and where to get Jumbo loans is KEY.
- Property prices are at bargain prices
- Keep your portfolio invested so it can grow
- Take a jumbo or supper jumbo loan (you’ll be shocked how reasonable it is)
FANNIE MAE and FREDDIE MAC are taken over = LOWER RATE
Monday, September 8th, 2008NEW YORK (CNNMoney.com) — Mortgage applicants rejoice!
Sunday’s federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed rate mortgage.
“This could be good for would-be homeowners,” said Tom LaMalfa, managing director, Wholesale Access, a research and consulting firm. “It would reduce the cost of financing at the new and improved Fannie and Freddie.”
$7500 Tax Credit, Opportunity of a Lifetime for First-Time Buyers
Friday, August 8th, 2008I am often asked: “Are we at the bottom of the bottom?”
With this new law and some other indicators like “The national home ownership rate — defying all gloom and doom predictions — jumped to 68.1 percent in the latest quarter, up from 67.8 percent”, I think this is it I truly believe it.
More home buyers mean more home sellers. Where do those sellers go? Yes to buy more hoses. The wheels of the Real Estate Market are starting to move, we are going some where.
First Time Home Loan that Couldn’t Be Done!
Tuesday, July 29th, 2008First Time Home Buyer Derrick R was denied. Twice he was told No by 2 people.
The seller’s Realtor suggested he call a mortgage advisor she knows who can work miracles…
Working with a professional mortgage advisor like Racheli Smilovits can work miracles for you too.
How knowing someone like Racheli can assist you?
Please give us your comments right here below.
Home Buying Secrets- Homes Are At Blue Light Special Prices, Are You Participating?
Sunday, May 18th, 2008- Before You Jump In The Car Shopping Get pre approved.
Many people just get Pre-Qualified for a loan. This is not enough. Pre-approval is real- you provide all the necessary documents needed to be approved for a loan with a lender. You get a conditional approval from a lender for a dollar amount you qualify for. So that you will know all the conditions that will make this loan possible.
Home Selling Secrets- Sellers; PRICE Your Home RIGHT, Buyers Are Out There To Buy Your Home.
Tuesday, May 13th, 2008
A team of Realtor Lender helped a home sell in under a week, after being on the market for 8 months.
The facts.
Home Buying Secrets- Before you submit your offer check the motivation score of Your Home Seller.
Sunday, May 11th, 2008Here are 5 tips that will help you score your sellers motivation level. Use it as another tool to help you in the process when buying a home
- How many homes in the subdivision, Neighborhood, or condos are for sale?
If over 30% are for sale give the seller 10 points
If over 20% are for sale give the seller 6 points
If over 10% are for sale give the seller 4 points
Home Buyers- Are you a buyer who goes to see property after property and can’t maker your mind on which home to buy?
Sunday, April 27th, 2008Are you finding it hard for you to pick the Home that is best for you?
A realtor posted this question on our forum: We are working with a client who “want to see everything”. This is the second Saturday in a row that we are out all day showing them 10+ properties. We have tried to narrow her focus to specific areas but to no avail. There are still a LOT of homes left to see! Any ideas on how to explain to this client that it does not serve her best interest to view 10+ properties at a time.