HUD Foreclosures are Good Deals!
Tuesday, May 25
When a lender forecloses on an FHA loan the property will eventually be sold by HUD.These foreclosures are an excellent opportunity to buy a home at below market prices.The HUD purchase process is simple . You will need to work with a HUD approved Real Estate Broker (I am one).You can view the fo...
Deposit Money the Key to a good deal
Tuesday, May 25
In my 25 years of selling real estate I have learned that smart listing agents look for as much deposit money as possible. I have seen several buyers walk away from $1000 or $2500 deposits. Its rare that buyers put up 10% of the purchase but they should be expected to provide a healthy deposit. ...
Mortgage Rates Really Low !
Tuesday, May 25
According to Freddie Mac the average 30 year fixed rate mortgage is now at 5% with an average of .7 points. The average 15 year fixed rate mortgage is now 4.36 percent with .7 points.These are the lowest rates in six weeks. This is a great time to buy or refinance.Of course , these rates are for...