The government’s First-Time Home Buyer Tax Credit program expires November 30, 2009 — a scant 60 days from today. In this video, Chris Brown provides critical milestone dates originators, Realtors and homebuyers must be aware of if they plan on taking advantage of the Federal $8000 First Time Home Buyer Tax Credit set to expire … Continue reading $8000 First Time Home Buyer Tax Credit Deadlines
Both the House and Senate passed the massive bailout bill this week. What caused this mess and what does it mean for everyday people like us? Take the time to listen to an interview by Brian Brady, Sean Purcell and Greg Swann addressing: "The Community Reinvestment Act (original sub-prime loans), conceived in 1977 and super-charged … Continue reading Underneath The Hood of The Bailout Bill
Buying a home can be both an exciting and stressful process. Understanding the process, the players and terminology can help take the stress out of the experience and give you the confidence necessary to make the best decision for you and your family. Be patient and know once you have passed through each stage, you're … Continue reading Understanding The Home-Buying Process
Understanding what a lender needs in order to justify approval of a mortgage can be very helpful if you decide to purchase a home. The lender is looking mainly at five factors in evaluating your qualification for a home loan. Cash or Capital Assets - The funds you have available for the down payment and … Continue reading Understanding What A Lender Needs To Approve A Loan
Whether you're ready or not, as life changes, so do your housing needs. Families grow. Careers unfold. Lifestyles shift. One way or another, your circumstances change, and you may find yourself looking for a more comfortable home, one that's in a new locale, or just a better place for your current living pattern. Over the … Continue reading Are You Thinking of Moving Up?
In the book, Good to Great, the author Jim Collins states people fall into three different categories: The Optimist (bound to be eventually dispirited) The Realist (doom-sayer) The Stockdale Paradox What Is The Stockdale Paradox Stockdale Paradox individuals are those that retain faith they will prevail in the end, regardless of the difficulties AND at … Continue reading Are You An Optimist, Realist or Stockdale?
This simple, four-step walk-through to loan closing will help you understand the procedure and give you an idea of what to expect. 1. Processing When we initially meet, I will request and collect the information needed to process your loan. Documentation requirements vary depending on the loan program you apply for, as well as your … Continue reading The Home Loan Process — Part 2 of Applying For Your Loan | Final Installment