condo: Listen Up, First Time Home Buyers
- 10/06/07 04:57 AM
Pent-Up Demand Will be Unleashed Consider this - four million net job additions in the past two years during the housing market slump. Yet, home sales have fallen. As home sales fell, people doubled and tripled up because apartment rents increased at their highest pace in five years. These people are waiting to buy a home. Then there are the approximately two million marriages that occur each year. Those newlyweds are waiting to buy a home. About four million babies are born each year - forcing some families to consider trading up from a smaller house or condo to a larger
Information provided by NAR 10/05/2007 … (0 comments)
It is my great pleasure to inform you that Mr. Bernanke, Federal Reserve chairperson has lowered the prime by .50 basis points and there is an expectation of further reductions in the months ahead. This is the time to analyze your credit position. By doing so now, will allow you to take full advantage of the interest rate reductions in the near future This rate reduction will lower your monthly payment on homes loans and lines of credit. The prime rate has been reduced to 7.750% I … (0 comments)
condo: If you have suffered, a hardship and cant make your next mortgage payment...
- 08/10/07 12:44 PM
If you are unable, or do not have the money to make your next mortgage payment. Please call your lender immediately. Some lenders may work with homeowners who are suffering a hardship. I am not a CPA, nor am I an attorney. Their services may be required, if decided a short sale was your best option. I can provide you with free, confidential counseling.
This is a superb vehicle for, First Time Home Buyers.
Primary residenceSingle family Residence, (Warrantable & condo-conversions), and Planned unit developments.Maximum loan amount $417,000.00
Buyers Bonus payments only apply to the first trust deed. Subordinate financing, taxes and insurance and HOA (if Applicable) are the buyers responsibly.
If you are a homebuyer, please contact me for details.
Suzanne
… (0 comments)
condo: Orange County Real Estate Market
- 07/23/07 10:27 AM
The median price for an Orange County home returned to record territory with the first monthly high since June 2006, DataQuick Information Systems reported today. June's median selling price for all residences was $645,000, or 0.4% above a year ago. (See how other O.C. home-price indexes have fared by The previous record was $642,500 set in June 2006. But don't interpret the new high to be a sign the housing downturn has bottomed out and started to recover, said DataQuick number cruncher Andrew LePage. Sales fell to 2,641 homes sold, or 31.6% below a year ago. It's the slowest-selling June in the 20 years … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/22/07 07:14 AM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: To Escape MIP, Refinance Loan
- 07/22/07 05:05 AM
To Escape MIP, Refinance LoanQuestion: What is the difference between private mortgage insurance ? PMI ? and mortgage insurance premium ? MIP? After paying nine years on my FHA mortgage, I have tried to get my MIP canceled. But I have been told I can't get it removed. I paid $70,000 for the house and it now appraises for $137,000, so the MIP clearly is not needed by the FHA. How can I get my MIP canceled?Answer: Forget about canceling your MIP on that FHA mortgage. In your situation, the FHA clearly doesn't need your MIP to protect its mortgage if … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 12:06 PM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 12:04 PM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 12:02 PM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 12:00 PM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 11:56 AM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 11:54 AM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: An Heir's Steps to Getting, Sharing Home Title
- 07/21/07 11:50 AM
An Heir's Steps to Getting, Sharing Home TitleQuestion: My parents died within four days of each other in 2005. In their will, they left their home to me. I am their only child. There is still a mortgage, which I have been paying. Can I have the title to this property changed to my name and my husband's name? We live in the house and will want to sell it someday.Answer: Unless the estates of your parents qualify for an exception, their wills must be probated by the local probate court, which will transfer the title to you as the sole … (0 comments)
condo: Ex-Wife Pops Up and the Sale is Off!
- 07/20/07 01:39 PM
Ex-Wife Pops Up and the Sale is Off!Question: We made a good-faith offer to buy a house. The owner who listed the house for sale accepted our purchase offer. We proceeded with the inspections and made plans to move in. About five days before the scheduled closing date, our agent told us the seller's ex-wife refused to sell. We and our agent had no idea there was another owner involved. She never signed the listing. Does the listing agent have any financial obligation to us for the costs we incurred?Answer: Possibly. A knowledgeable real estate agent, when taking a listing on … (0 comments)
condo: No tax? Now that would be a Gift!
- 07/20/07 01:29 PM
No tax? Now that would be a Gift!Question: My parents bought a riverfront property for $360,000 where they planned to build a large house. However, they had difficulty getting along with a neighbor so they decided not to build. Instead they want to give the lot to us. Is there a way for them to give us this property without our having to pay inheritance or gift taxes?Answer: Yes. Unless your parents have given away more than $1 million each in assets, no federal gift tax will be due. However, they must file a federal gift tax return with their federal … (0 comments)
Pent-Up Demand Will be Unleashed;)
;)
