Tuesday, July 10, 2012
Wednesday, March 14, 2012
Our New Military Relocation Program!
USA Military Move Rewards Program
Welcome
to USA Military Move Rewards Program- a Referral Program for men and
women who have served in our armed forces and committed to relocate
themselves and their families over the years with no program that
offers them a secure opportunity for home ownership. We appreciate
your service to our country and we are proud to be a part of a Strong
Military Community. We welcome you here- Come and live in our community –
Serve and Prosper - Retire with us!
Our Buyers and Sellers will receive Monetary Rewards and Outstanding Service.
Buyers: You will have the opportunity to work with trained agents who will help you locate the Best mortgage and the Best rate while allowing you to make Your choice . You will be shown listings offered by all agencies and given a market analysis on all properties requested. Our Buyer Agents will help you to get to know the area, help find answers to all issues that are important to you, offer lists of home inspectors & other professionals, and provide client level service from the initial contact until closing. These same Buyer Agents are available to work with you on weekends upon request- Just Ask!
Sellers: Our Listing Agents are full-time, highly qualified agents who are capable of taking your listing “around the world with class”. List your property with us and perspective buyers across the globe will be viewing it within a few hours! Properties will be marketed by attractive signage, media, MLS, internet (consumer friendly office web sites and extended sites Realtor.Com etc.) and Exciting Innovative Marketing Programs . Please ask us about our Marketing Programs exclusive to our area. We offer our Sellers an abundance of information on “how to market your home to sell” and help you to see your home from the eyes of a potential Purchaser Before your first showing! From a Seller’s perspective, ask us about our intensive lead management program that makes sure your property is constantly before buyers. We are committed to keep Sellers informed about market conditions and sales activity from the time of the listing agreement until the sales contract is signed. This same level of service will continue until closing.
Our Buyer Cash Rewards are paid at closing and are based on the Sales Price of the property. Seller Rewards will be equal and will be subtracted from the Listing Broker’s Fee and disclosed on the Seller Disclosure Statement at time of listing.
0- $99,999 $400
$100,000- $149,999 $700
$150,000- $249,999 $1,000
$250,000- $399,999 $1,300
$400,000- $1,600
The highest reward for both a sell & a purchase for one client would be $3200.
Compare us with any Relocation Program and Sales & Listing Team! We are Positively Different & We are ready to go to work for You!
Our Buyers and Sellers will receive Monetary Rewards and Outstanding Service.
Buyers: You will have the opportunity to work with trained agents who will help you locate the Best mortgage and the Best rate while allowing you to make Your choice . You will be shown listings offered by all agencies and given a market analysis on all properties requested. Our Buyer Agents will help you to get to know the area, help find answers to all issues that are important to you, offer lists of home inspectors & other professionals, and provide client level service from the initial contact until closing. These same Buyer Agents are available to work with you on weekends upon request- Just Ask!
Sellers: Our Listing Agents are full-time, highly qualified agents who are capable of taking your listing “around the world with class”. List your property with us and perspective buyers across the globe will be viewing it within a few hours! Properties will be marketed by attractive signage, media, MLS, internet (consumer friendly office web sites and extended sites Realtor.Com etc.) and Exciting Innovative Marketing Programs . Please ask us about our Marketing Programs exclusive to our area. We offer our Sellers an abundance of information on “how to market your home to sell” and help you to see your home from the eyes of a potential Purchaser Before your first showing! From a Seller’s perspective, ask us about our intensive lead management program that makes sure your property is constantly before buyers. We are committed to keep Sellers informed about market conditions and sales activity from the time of the listing agreement until the sales contract is signed. This same level of service will continue until closing.
Our Buyer Cash Rewards are paid at closing and are based on the Sales Price of the property. Seller Rewards will be equal and will be subtracted from the Listing Broker’s Fee and disclosed on the Seller Disclosure Statement at time of listing.
0- $99,999 $400
$100,000- $149,999 $700
$150,000- $249,999 $1,000
$250,000- $399,999 $1,300
$400,000- $1,600
The highest reward for both a sell & a purchase for one client would be $3200.
Compare us with any Relocation Program and Sales & Listing Team! We are Positively Different & We are ready to go to work for You!
Tuesday, September 6, 2011
The Value of Home Maintenance
The Value of Home Maintenance
Regular home maintenance is key to preserving the value of your house and property. Read
Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
Wednesday, July 22, 2009
Friday, February 27, 2009
First Time Homebuyer Tax Credit!
First-time Homebuyer Credit: According to an IRS news release, taxpayers who qualify for the Section 36 first-time homebuyer credit and purchase a home before 12/1/09 can claim the credit on their 2008 tax returns due on 4/15/09 or on their 2009 tax return filed next year. Following changes by the recently enacted American Recovery Act, they do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10% of the purchase price up to $8,000, or $4,000 for married individuals filing separately. However, the new law does not affect people who purchased a home after 4/8/08 and before 1/1/09—the maximum credit remains 10% of the purchase price, up to $7,500 or $3,750 for married individuals filing separately, and the credit must be repaid in 15 equal annual installments beginning with the 2010 tax year.
Friday, January 16, 2009
Interest Rates and Points
Some lenders are willing to negotiate on both the loan interest rate and the number of points. Most established lenders set their rates like large corporations set the prices on their goods. However, it pays to shop around for loan rates and know the market before you talk to a lender. When shopping for rates, look for published rates in local newspapers or check the growing number of Internet sites that publish such information.
Locking in a mortgage rate with a lender is one way to ensure that same rate will be available when you need it. Lock-ins make sense when borrowers expect rates to rise during the next 30 to 60 days, which is the usual length of time lock-ins are available. A lock-in given at the time of application is useful because it may take the lender several weeks or longer to prepare a loan application (though automated loan practices are cutting this time dramatically). However, some lenders require borrowers to pay lock-in fees to assure particular rates and terms. Be sure to check that the rates and points are guaranteed and that your lock-in period is long enough. If your lock-in expires, most lenders will offer the loan based on the prevailing interest rate and points. Lenders may have preprinted forms that set out the exact terms of the lock-in agreement. Others may only make an oral lock-in promise on the telephone or at the time of application.
Price discounts and interest rate buy downs are common incentives offered by new-home builders trying to overcome slow sales. Buy downs are a financing technique used to reduce the monthly payment for the borrower during the initial years of the loan. Under some buy down plans, a residential developer, builder or the seller will make subsidy payments (in the form of points) to the lender that "buy down," or lower, the effective interest rate paid by the home buyer. State agencies often offer lower rate loans. But to qualify, borrowers usually must be a first-time home buyer and meet income limits based on the median income level of their county.
Locking in a mortgage rate with a lender is one way to ensure that same rate will be available when you need it. Lock-ins make sense when borrowers expect rates to rise during the next 30 to 60 days, which is the usual length of time lock-ins are available. A lock-in given at the time of application is useful because it may take the lender several weeks or longer to prepare a loan application (though automated loan practices are cutting this time dramatically). However, some lenders require borrowers to pay lock-in fees to assure particular rates and terms. Be sure to check that the rates and points are guaranteed and that your lock-in period is long enough. If your lock-in expires, most lenders will offer the loan based on the prevailing interest rate and points. Lenders may have preprinted forms that set out the exact terms of the lock-in agreement. Others may only make an oral lock-in promise on the telephone or at the time of application.
Price discounts and interest rate buy downs are common incentives offered by new-home builders trying to overcome slow sales. Buy downs are a financing technique used to reduce the monthly payment for the borrower during the initial years of the loan. Under some buy down plans, a residential developer, builder or the seller will make subsidy payments (in the form of points) to the lender that "buy down," or lower, the effective interest rate paid by the home buyer. State agencies often offer lower rate loans. But to qualify, borrowers usually must be a first-time home buyer and meet income limits based on the median income level of their county.
Monday, November 17, 2008
What Affects My Credit Score?
1. IS IT TRUE THAT RUNNING CREDIT REPORTS CAN REDUCE YOUR SCORE?
Fico.com states that it doesn’t if it is a same industry report. Experience tells me differently. The good news, if it is less than 3 in a 90 day period, it doesn’t change it at all. If you run 15 in one week you will lose 2-4 points for each report run.
2. HEY, I KNOW MY SCORE; I RAN IT ON THE INTERNET. ISN’T IT THE SAME?
Not so much. The online version is close to the real thing, but not quite. If you really need to know, have someone in the mortgage industry run it.
3. I HAVE BEEN WORKING ON MY CREDIT. WILL MY SCORE EVER IMPROVE?
Late pays affect the score by the number of lates, how long they were late, and more importantly, how recent were they. It is hard to quantify the damage multiple lates have on score. If the lates have been more than 2 years, they have a much smaller affect on the score.
4. IF YOU HAVE HAD PERFECT CREDIT ALL OF YOUR LIFE, WILL YOU HAVE A PERFECT SCORE?
Nope! One of the worst calculations that go into credit scoring is the ratio of credit used versus the credit limit. The closer you get to 100% of your credit limit, the more points you will lose.
A card with a $100 limit and a $99 balance will lose you about 15-18 points. If that same card has $101 on it, you will lose about 25 points. Throw on a past due, and now you are talking about some serious points.
Ideally, you would never want your balance to exceed 50% of your limit.
5. SHOULD I CLOSE OUT MY OLD CARDS TO GET A HIGHER SCORE?
Again, NO! If you want a higher score, go out and use those cards just a little bit. Put $20 on a $1000 card will score some points.
The longer you have had a card or loan, the more it adds to your score.
6. HOW DO I GET A PERFECT SCORE?
I don’t know. I have run thousands of reports and have never seen an 850.
Other than the obvious (paying everything on time) and keeping credit balances less than 50% of the limit, time. I have only seen one score of 847. She had credit established for 30+ years, no lates and minimal balances on credit. To top it off, she was a real estate agent.
Fico.com states that it doesn’t if it is a same industry report. Experience tells me differently. The good news, if it is less than 3 in a 90 day period, it doesn’t change it at all. If you run 15 in one week you will lose 2-4 points for each report run.
2. HEY, I KNOW MY SCORE; I RAN IT ON THE INTERNET. ISN’T IT THE SAME?
Not so much. The online version is close to the real thing, but not quite. If you really need to know, have someone in the mortgage industry run it.
3. I HAVE BEEN WORKING ON MY CREDIT. WILL MY SCORE EVER IMPROVE?
Late pays affect the score by the number of lates, how long they were late, and more importantly, how recent were they. It is hard to quantify the damage multiple lates have on score. If the lates have been more than 2 years, they have a much smaller affect on the score.
4. IF YOU HAVE HAD PERFECT CREDIT ALL OF YOUR LIFE, WILL YOU HAVE A PERFECT SCORE?
Nope! One of the worst calculations that go into credit scoring is the ratio of credit used versus the credit limit. The closer you get to 100% of your credit limit, the more points you will lose.
A card with a $100 limit and a $99 balance will lose you about 15-18 points. If that same card has $101 on it, you will lose about 25 points. Throw on a past due, and now you are talking about some serious points.
Ideally, you would never want your balance to exceed 50% of your limit.
5. SHOULD I CLOSE OUT MY OLD CARDS TO GET A HIGHER SCORE?
Again, NO! If you want a higher score, go out and use those cards just a little bit. Put $20 on a $1000 card will score some points.
The longer you have had a card or loan, the more it adds to your score.
6. HOW DO I GET A PERFECT SCORE?
I don’t know. I have run thousands of reports and have never seen an 850.
Other than the obvious (paying everything on time) and keeping credit balances less than 50% of the limit, time. I have only seen one score of 847. She had credit established for 30+ years, no lates and minimal balances on credit. To top it off, she was a real estate agent.
By: Tom Renshaw, Century 21 Mortgage Advisor
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