Ar_home_b_search
 



hud foreclosures: Renovations Loans Nationwide! Still lending 95% of after improved Value! Apply Online Today! - 03/06/10 09:48 AM
6 ways to ensure a remodeling project pays off  
Just a few years ago you could count on getting the bulk of your money back for almost any home-improvement project you took on. Today merely replacing a toilet seat can feel like throwing caution, and cash, to the wind. According to a study from Remodeling magazine, the average return on value for an upgrade declined from 87% in 2005 to 64% in 2009. But these six new rules will help you maximize your return on your remodeling investment.
Rule No. 1: Repairs get the biggest returns
The smartest money now … (0 comments)

hud foreclosures: 203K Renovation Loans Nationwide! - 01/07/10 03:23 PM
Happy New Year to the Active Rain Community!
I wanted to offer my services to anyone needing a 203K loan nationwide.  In case you are unfamiliar 203K loans are useful for many reasons that include:
HUD REO's that are un-insurable as -is. REO's sold as-is. Properties that have deferred maintenance. Properties that are unfinished. Scratch and Dent properties. Properties that need new appliances. Please call or email me with any property scenarios.  Lets make 2010 a great year!
Gabriel LibuttiLoan Production ManagerAmerican Home Bank 20460 Chartwell Center Dr. Suite 4 Cornelius, NC 28031 Cell: 704-657-6192 Office: 704-895-1002Fax: 1-877-415-1460glibutti@bankahb.comApply online at: http://glibutti.bankahb.com
(0 comments)

hud foreclosures: 96.5% ltv Construction Lending Nationwide with 620 Credit Score! - 11/03/09 12:48 PM
Home renovations on sale Materials costs are plunging, and contractors are begging for work. Suddenly that long-postponed remodel is looking like a smart idea. (Money Magazine) -- If you're struggling to see a silver lining in the beaten-down real estate market, consider this one: It may be a rotten moment to sell your house, but if you've postponed a much needed renovation project on your home - replacing a rotting deck, repairing a leaky roof or updating an antiquated bathroom - now just might be the best time in years to tackle that task. The reason: Costs are starting to drop … (3 comments)

hud foreclosures: Gabriel Libutti! Your HUD Repo Specialist Nationwide! 203B, 203B with Repairs and Hud 100 Down! - 11/03/09 12:36 PM
Is it time to dump your ARM? Some 1.5 million adjustable-rate mortgages reset soon. If yours is one of them, you need to decide whether to lock in your rate and refinance into a new loan. (Money Magazine) -- If you are among the 6.5 million homeowners who took out a low-rate adjustable-rate mortgage during the housing boom, you've probably spent the past couple of years waiting for your day of reckoning to come. After all, you've probably heard repeated warnings that when your ARM resets your payments would spike dramatically: an especially big problem if you used a low-rate ARM … (0 comments)

hud foreclosures: Fast FHA Closings, just in time to get your clients the $8,000 tax credit! - 11/02/09 10:33 AM
Home sales contracts rise for 8th straight month Real estate rally attributed to first-time homebuyer tax credit that expires at the end of November. NEW YORK (CNNMoney.com) -- The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday. The September Pending Home Sales Index from the National Association of Realtors (NAR) spiked 6.1% to 110.1, consolidating a 6.4% gain in August. It was the index's highest level since December 2006, when it stood at 112.8. The leap was far better than expected. A panel of … (0 comments)

hud foreclosures: 203K, Conventional and Jumbo Renovation Loans Nationwide for REO Properties! - 08/13/09 07:49 AM
Foreclosures: How bad is your city? Foreclosures are easing in some of the worst hit metro areas, but watch out for the next wave of filings to start crashing in unexpected cities. Hot or not? Where foreclosures are heating up -- and cooling off -- in the 20 biggest U.S. cities. Rank Metro area Foreclosure filing rate (One in # of homes) Change from first half of 2008 1 Seattle 107 +72% 2 Minneapolis 90 +58.6% 3 Phoenix 22 +51.7% 4 Miami 28 +40.9% 5 Tampa 39 +31.5% 6 Chicago 59 +30.3% 7 Los Angeles 42 +29.9% 8 Riverside 17 +11.8% … (0 comments)

hud foreclosures: Max Seller Concessions for Conventional Loans! - 07/29/09 03:49 PM
All of my Realtor Referral partners have been asking me what the max seller contribution guidelines are for conventional loans lately.
 I thought I would post the table for everyones convenience.
 Occupancy                                    LTV                                     Amount
 Owner Occupied                  Over 90% to 95%                  3%
Owner  Occupied                  Over 75% to 90%                  6%
Owner Occupied                   75% and below                       9%
Second Home                        Over 75% to 85%                 6%
Second Home                        75% and below                      9%
Investment Property             All LTV's                               2%

I hope it helps to get another buyer in to a new home!
Gabriel Libutti
Sales ManagerAmerican Home Bank

20460-4 Chartwell Center Drive
Cornelius, NC 28031
Cell: 704-657-6192
Office: … (0 comments)

hud foreclosures: Renovation Loans in less than 30 days! - 07/11/09 10:42 AM
 
 
Gabriel LibuttiSales ManagerAmerican Home Bank
20460-4 Chartwell Center Drive
Cornelius, NC 28031
Cell: 704-657-6192
Office: 704-895-1002 Ext 1
Fax: 704-949-2631glibutti@bankahb.comApply online at:
http://glibutti.bankahb.com
American Home Bank a division of First National Bank of Chester County
"We Help Build Your Future"
(2 comments)

 
Gabe%20%20profile%20pic

Gabriel Libutti

Cornelius, NC

More about me…

ONQ Financial

Address: 18805 W Catawba Ave Suite 204A, Cornelius, NC, 28031

Office Phone: (704) 657-6192

Cell Phone: (704) 657-6192

Email Me

Gabe Libutti from ONQ Financial


Links

Archives

RSS 2.0 Feed for this blog