Ray's Blog

Is The Worse Over?

A1A Mortgage, LLC — Sat, 24 May 2008 17:03:48 -0500

IS THE WORSE OVER?

We have all seen the headlines and TV shows on how bad the Real Estate Market has been. And there is no doubt that the past two years have been rough for anyone in the industry as well as for many homeowners.

But if you look in the inside pages and catch some not so prime time TV shows (We all know bad news make headlines, good news gets buried )you will see that many experts are starting to predict an improved housing market.

I am seeing several forecasts that say housing prices have hit bottom. The Wall Street Journal reported on May 6, 2008 that the bottom has been hit and a video presentation on Realty Times is reporting the same thing. Even the US Secretary of the Treasury Henry Paulson has been quoted as saying the worse is over.

On the local front, the Northeast Florida Association of Realtors (NEFAR) has reported that things are improving in Northeast Florida. They have a page on their website that provides great information on this position.

The following links will bring you to the articles I have mentioned. In future blogs, I will continue to share good news as I come on it. I am also going to focus on the trends in Northeast Florida (Marion County to Nassau County and all in between).

Links:

The Worse Is Over, WSJ, May 6, 2008

Realty Times Video Watch Real Estate Outlook: Worst is Over

Secretary Paulson Comments

NEFAR Campaign, Put Your Money Where Your Life Is

Ray Breault

Email: ray@a1aloans.com

Real Estate Is Giving Me A Headache! (Workshop Announcement)

A1A Mortgage, LLC — Thu, 22 May 2008 16:02:24 -0500

	Real Estate is Giving Me A Headache! A series of short workshops that just might be the "aspirin" you need. Free and open to the public. Information only - no selling! All workshops held at 1328 3rd St North, Jacksonville Beach (Office of A1A Mortgage & John McE. Miller, P.A.) RSVP To: Jeannebreault@comcast.net or call 904.591.8520 Or: harold@a1aloans.cxom or call at 904.247-7414 Or register at: http://www.a1aloans.com/workshop
Wednesday, May 28, 6-7PM Do I Qualify to Buy A Home? - I'm Scared To Ask! M aybe you've had credit problems in the past, or you're not sure your income is enough to get you approved for a mortgage loan. You'll learn what's important to lenders, why, and how to improve your chances of being approved.
Wednesday, June 4, 6-7PM I Can't Afford My Home Anymore - What Can I Do? Maybe your ARM has adjusted, or your income has been reduced, or you've run into some other difficulty. There are several options available to help you make the best of your situation. Depending on your circumstances you may be able to loss mitigate and keep your home, or "short sell" your home in a way that minimizes the harm to your credit score and eliminates deficiency judgments.
Wednesday, June 11, 6-7PM Should I Buy Now or Wait? Are Prices Still Coming Down? There's no crystal ball that answers that question, and even economists can't agree. We won't know that the real estate market has hit bottom until prices start going up - and then it's too late! Learn some of the "signs of the times" and how to evaluate the possible risks associated with buying now or later.
Wednesday, June 18, 6-7PM I'm a (Potential) Real Estate Investor - What Opportunities Are There For Me? Whether you're a veteran real estate investor or just getting your feet wet, learn how to find properties where both the seller and the investor realize benefits and get the deal done.
If you need answers now and can't wait until the workshops, feel free to call right away! We'll be happy to give you a head start!

Sponsored by:
Jeanne Breault, REALTOR® Vanguard Realty Inc./GMAC
Harold Matthews, Mortgage Consultant, A1A Mortgage, LLC
John McE. Miller, Esq., Real Estate Attorney

Please pass this announcement on to any of your friends that you feel may benefit or have an interest!

A!A Mortgage Upgraded Website and Blog

A1A Mortgage, LLC — Tue, 20 May 2008 22:52:36 -0500

We are pleased to inform you that our website (http://www.a1aloans.com) has gone through a major overhaul and upgrade. It has been designed to not only provide relevant mortgage and real estate information, but to also allow you to contact us or even complete a loan application 24/7. We've set it up so if you do want to contact us or have a question, your contact can be forwarded to our mobiles even after hours.

You'll find today,s loan rates as well as a vast amount of mortgage information. And it is just the start, additional features are planned for the very near future.

Check it out and enjoy the surfing. Any comments or suggestions would be most appreciated.

Ray Breault

A1A Mortgage, LLC

P.S. While visiting our website be sure to sign in for a chance to win $1,000. I can assure you your chances are better than those in the lottery.