alabama real estate: Downpayment Assistance Programs?
- 03/20/08 03:23 AM
Hello Everyone, I was wondering if all of my fellow agents out there are using the latest in FHA 100% programs out there which are Ameri-dream, Aquarius, etc. Right now they are 90% of the business that I'm closing. It looks like in Alabama this year it is going to be the the only way to do 100% loans which is fine with me. It takes a couple of times writing them to get the hang of it but I want to tell you THANK GOD FOR THEM right now or it would be rather lean. Sometimes you have to adjust your sales … (2 comments)
alabama real estate: Spring Has Sprung And There Is Work To Be Done, Thank God
- 03/09/08 03:57 AM
Yes for me in Birmingham Al. as I hope it is for all of you, business has picked up and people are coming out of hibernation. The weather here has been great and my phone is ringing again. Yes I'm back to 6 to 7 days a week showing houses, what a wonderful feeling. It seems that my buyer clients are more confident about the market and are ready to make a commitment which makes our job so much easier. Rates are great, sellers are ready to sell, the birds are chirping, IT IS a great time to buy a home. Good luck to everyone Take … (0 comments)
alabama real estate: Warmer Weather In Alabama is Getting People Off They're Couch's
- 02/28/08 11:54 PM
It seems traffic has picked up and a weekend of warm weather has gotten people off the coach and into they're cars to look at houses. Of course this is Alabama so we get these warm weekends in Feb. I know a lot of people are saying that it will be 2009 before we some any significant change in Real Estate, but I do believe we will still sell some houses in Spring. Now I'm not sure if we will have record months but I believe it will be decent, I do. I've got a Mortgage Co. here that give me 1 … (0 comments)
alabama real estate: Manually written FHA'S for questionable clients
- 02/21/08 12:29 AM
Yes, Manually written FHA'S have been my answer to the lack of sub-prime lending, and yes it seems to be working. Now there are very few Mortgage Company's in Birmingham that will do manually written FHA'S so you have to take what you can get. But when you have a client that does not have great credit that may be new on the job and for those with very little established credit and they need to do a 100% program, Manually written FHA'S have been a God send. So check it out if you haven't already, its working for me. Its enabling my … (0 comments)
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