My November Real Estate Newsletter

	Your REALTOR: Debra Kukulski November 2008 "The highest compliment a client can give me is to trust me with a referral, this is how I build my business!" If you have a friend or family member looking to buy or sell a home please pass their name and number along to me and I will give them the same great service I give to all of my clients! I can also help people find a Realtor nationwide! Copyright © 2008 Realty Times All Rights Reserved. Smaller Homeowner Relief Already In Place   Don't wait for home owner bailout provisions to trickle down from the $700 billion Emergency Economic Stabilization Act of 2008," (H.R. 1424) recently rushed through Congress.       When it comes to help from new federal legislation for distressed home owners, the $300 billion "Housing and Economic Recovery Act of 2008" (H.R. 3221), signed earlier this year, can provide more immediate relief.       The $300 billion recovery act has both a mandated mortgage modifying provision and a voluntary "Hope For Homeowners" (H4H) refinance program, for home owners who qualify. Mortgage Rates U.S. averages as of October 30, 2008: 30 yr. fixed:   6.46% 15 yr. fixed:   6.19% 1 yr. adj:        5.38% <!-- <B>30 yr. jumbo:  6.98%</B>--> View current rates       President Bush signed the larger $700 billion stabilization act on Oct. 3, 2008, but it is, in-part, "stay tuned" legislation. Exactly how it will be implemented to help home owners -- or the economy at large, for that matter CONTINUED >>> Thinking of Making a Move? Let me help you to be successful in the current market.... Good News For Qualified Buyers      A recent survey released by Trulia, a real estate search engine, community forum center, and reporter of market trends and data, found that a "crisis of confidence" exists among key groups of U.S. homebuyers.       Not surprisingly, much of the lack of confidence in the real estate market stems from the mortgage fallout, the instability of the real estate market, uncertainty of economic times, and the upcoming election.       According to the survey, which included about 1,500 respondents, 70 percent of non-homeowners have no plans to purchase a home in the next 12 months and nearly half in the 18 to 34 age group say the reason is because it's too costly. While those in the 35 to 44 age group are concerned that they might not be able to qualify for a home loan. The survey also found that only 12 percent of the non-homeowner respondents said they expect to buy a home in the next 12 months.       In a press statement, Pete Flint, CEO of Trulia said, "This combination of CONTINUED >>> Credit Unions To The Rescue      Been down to your friendly neighborhood credit union lately?       You could find that elusive home loan you been unable to get anywhere else.       Credit unions didn't need a bail out during the Great Depression, they didn't need federal intervention during the Savings & Loan debacle and they don't need government assistance now. In fact, right now, they are rolling out the red carpet for home loan borrowers.       During the boom, credit unions avoided writing subprime home loans and other easy-money mortgages. They also shunned selling packages of mortgages to Wall Street moguls who packaged them into now low- to no-return securities. That means credit unions are relatively untainted by the credit squeeze and they have both money to burn and a sound business foundation that allows them to keep on lending.       Instead of fearing the next Great Depression, member-owned credit unions are bracing for what could be their boom time in home loans and other financial services, now that banks and mortgage lenders are crashing and burning.       Mortgage production among credit unions is small by comparison to banks and mortgage lenders, but their originations rose a whopping 10.1 percent during the first half of 2008, according to the industry's federal regulator, the CONTINUED >>> Thinking of Selling? Contact me! If you are thinking of selling, please contact me for a professional opinion on the current market value of your home and to learn about my very successful marketing plan for sellers WORKS in this market! I understand the value of the internet in selling a home and the keys to getting top dollar in today's buyer's market. How Can Debra Kukulski Help You?      If you are seeking a top, experienced professional who will listen, coach and help you work through your transaction so that you can relax and enjoy the fun and rewarding part of buying/selling, call Debra directly at 847-516-6760 or visit her excellent website for real estate, area, community, and school information. You can also search over 120,000 listings from her website: http://www.TheresNoPLaceLikeYourPlace.com.      Ask her about her exclusive 'Sellers Marketing Plan' which includes extensive internet exposure for your home, or her 'Preferred Buyers Program', where you will recieve daily notifications of new listings from ALL of the offices that match YOUR criteria and a private, password protected, interactive web site that is updated daily for you AND has all of the details and pictures! (Trust me, you will LOVE this!)       View Recent Local Market Conditions! Daily News and Advice <!-- <BR> --> Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday. More Articles October Round Up: Rates On The Move FHA Still Going Strong Investor Report: Bailout to Aid Investors Don't Let Pesky Insects Hurt the Sale of Your Home Debra Kukulski, ABR,GRI,RECS,e-PRO E-mail: deb@debrakukulski.com Web: http://www.debrakukulski.com/ Direct: 847-516-6760 RE/MAX Unlimited Northwest Cary Grove Crystal Lake 847-639-6600 7107 Pingree Road (Corner of Pingree at 14) Crystal Lake, IL 60014 Equal Housing Opportunity

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We are still experiencing a Real Estate Buyer's Market in beautiful Northern Illinois. 

It is a GREAT time to buy, especially for first time buyers, investors and move-up buyers!!

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  

 By the way, if you know of someone that could benefit from my high level of personal service and success in the current market, please call or email me with their name and daytime phone number and I will be sure to follow up and take great care of them. Thanks to you and your referrals, my business keeps growing:-)

I can be reached at my direct number at the office: 847.516.6760.  I look forward to hearing from you!

Information deemed accurate and reliable but not guaranteed.