In light of all the doom and gloom over the last twelve months there is good news for the Real Estate market and the lending industry. The good news for homeowners and prospective homeowners alike is that mortgage rates have dropped to their lowest in more than three decades as the government has stepped up efforts to revive the housing market. The average rate on a 30 year fixed rate mortgage tumbled for a ninth straight week. That's the lowest on record, according to data that goes back to … (0 comments)
Five win-win suggestions to help your heating bill 1. REPLACE YOUR FURNACE FILTERA clogged filter makes your furnace work harder to deliver the same amount of heat, which wastes energy and will drive up your bill. This should be replaced once a year, generally at the start of the heating season. If you have a heat pump or a furnace with central air conditioning, replace it twice a year. 2. INSTALL A PROGRAMMABLE THERMOSTATProgrammable thermostats work a whole lot better than you. This will add both convenience and energy … (0 comments)
If you're planning to buy a house this coming year, here's my annual list of New Year's resolutions you should consider making: 1. Get your credit and finances in shape. Put a lid on your spending. Do not forget that good credit also means job stability. Most lenders require that you work for the same employer for at least a year, and maybe two, before they will approve your home loan. If you are self-employed, they will want to see at least two years of tax returns before you … (0 comments)
Now looking back at 2008. This year may go down as one of the worst ever for housing since the Great Depression. In 2008, housing values fell by double digits, inventories of new and existing homes grew dramatically, interest rates remained relatively high, and foreclosures reached record numbers. Sometime around the middle of the year, when Fannie Mae and Freddie Mac were taken over by the government, lenders realized that having a real job with a real income is central to assessing someone's ability to make monthly payments, and … (0 comments)
keller williams: Buyer Information – Short Sale Information – Cleveland Real Estate – www.cjharrington.com
- 01/13/09 12:18 PM
Posted By: CJ Harrington cj@cjharrington.com www.cjharrington.com 440.336.0612 Keller Williams Realty 2009 Short sales could lead to and home sale, and accepted offer that fails, and accepted offer where the home is taken off the market due to foreclosure. Sound like fun yet? This could lead to additional time and money renting, lost funds from home inspections and appraisals, lost opportunities and wasted time. Reality is that with the uncertainty in the marketplace, one of the lessons homebuyers are learning is that you can spend a ton of time chasing a property with nothing to show for it when you're done. … (0 comments)
1. Overcome any possible objections. Sellers often do not understand that their primary job is to not only eliminate any potential objections that would stand in the way for a buyer to make an offer, but to exceed their expectations as well. If your home is competitively priced and your home's condition exceeds a buyer's expectations, you will get an offer. 2. Get your home into shape before I let anyone see it. You need to "stage" your home, which means … (0 comments)
As you may or may not know the First Time Homebuyer program has been non-existent the last number of months due to market conditions. OHFA is coming "back " with a new program for first time homebuyers. This is the MCC program which gives the borrower a tax credit which is a direct credit toward any income tax owed at tax time.
Please visit our website at www.cjharrington.com for MORE FREE information.-Buy a Home With Little Money Down-FREE Seller Reports-Sell Your Home Fast And For Top Dollar-FREE Buyer Reports-Get … (0 comments)
Get the financing you need to change a fixer-upper into a dream home with First Federal of Lakewood. With today's glut of foreclosed homes on the market, the demand has never been higher for home loans that can finance both the purchase and the renovations. NEW LOAN FEATURES: Must be owner-occupied homes of up to 4 units You can rehab funds into the mortgage. Rehab dollars can be used for additions, remodeling, repairs, and city point-of-sale violations. Choose any of our low-interest 1-year, 3-year, 5-year and 7-year adjustable … (0 comments)
Blog providing Cleveland, Ohio Real Estate Information on Homes for Sale, Local Listings, Foreclosures, Relocation, First Time Buyer Tips, Realtors, New Construction, Bank Owned Homes and More!
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