Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro
MISSION STATEMENT |
"The purpose or purposes for which the corporation is organized are to support and strengthen the community through charitable donations, volunteer work, education, and charitable housing initiatives. The corporation is specifically authorized to develop and implement grant and/or loan programs to rehabilitate, repair and beautify real property, including privately owned real property, provide disaster and relocation assistance programs for natural disasters and displaced persons, and other programs consistent with such purpose." |
Coupled with home prices remaining relatively low, TAX credits for first time and current home owners plus first time bond monies and down payment assistance makes this a great time to sell and or buy in today's market! What do I do first you ask?
Call me and then I'll get you in touch with a mortgage officer that knows these programs that are available for you.
The foundation of your home purchase begins with getting approved for a loan, obtaining information that could save you money, then with that you are ready to find that perfect home for you and your family.
Ahh, Mac's bar & grill, great place for blogging...at the bar...no pressure!!
I love this statement I saw advertising bond money available..."borrower must have sufficient income to repay the loan". Wow, we sure are asking a lot from these folks. When did this become a condition?
New listing: www.1803nueces.com
Check it out & have a great 2010!
Two dates lie on the horizon that will impact interest rates and potentially home prices. The first program scheduled to end is the Federal Reserve's program for purchasing Mortgage Backed Securities. Announced in November of 2008, the Fed began purchasing $1.25 trillion in mortgage bonds in 2009 which will culminate at the end of March. As the intention and result of this program was to lower rates, mortgage rates will likely begin to rise after the program concludes.
In addition, April 30, 2010 is the last day to enter into a home purchase contract and still potentially qualify for a federal income tax credit of up to $8,000 for first-time home buyers and up to $6,500 for repeat home buyers. The credit can be claimed only on contracts that close by June 30, 2010.
While no one knows for certain what the future holds, one thing does appear clear. Home loan rates and home prices both will be higher in the future. If you or anyone you know is looking to purchase or refinance a home, waiting could be costly!
Two Main Benefits to the Homebuyer:
⇒ 5.05% fixed mortgage rate.
⇒ 3.00% down payment and closing cost assistance grant. For example, on a $100,000 loan amount, home buyers will receive $3,000 in assistance.
Call me to get more info,