FHA LOANS are Back by Popular Demand!

With today’s strict lending rules the FHA government loan has made a come back.  Currently, this loan only requires 3% down payment.  Here is what it offers to buyers:

• Low down payments
• Low closing costs
• Easy credit qualifying

Why pay rent when you can purchase a home and probably spend the same amount you would if you were renting?  Feel free to contact me for more information on this great alternative to 20% down loans.

 

 

Anne-Marie Ferraro, REALTOR®
Watson Realty Corp.
1445 West State Road 434, Suite 100
Longwood, FL 32750
407-622-8531 Direct Line
407-493-0719 Cell
800-943-6444 Ext. 131
amferraro@watsonrealtycorp.com
www.anne-marieferraro.com
"You're Home Free With Anne-Marie!" 

 

Check out our website at www.WatsonRealtyCorp.com

This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which it is addressed. If you have received this email in error please delete it and notify the originator of the message. This footer also confirms that this email message has been scanned for the presence of viruses and offensive material, but Watson Realty Corp. does not guarantee or accept any liability that may be caused by any viruses.

Co-Ownership is getting Popular

Since Down Payment Assistance Programs such as AmeriDream, are gone more and more friends are joining up and buying a home together.  If you are thinking of doing this, my advice to you would be to get an attorney.  He can draw up the co-ownership papers as well as the particulars on how to get out of a co-owned home.

 

The scary part of this arrangement is that there is a great potential to have it fail.  You really need to know who you are going to do this with.  You need to know there finances and they yours.  You will need a good loan consultant who will be able to walk you through the process.  You need one who will explain the total costs, including taxes and hazard insurance.  You will also need a patient realtor who will listen to your needs.  I have help out a few friends in the past and all went well but I cannot promise that will always be the case.

 

Anne-Marie Ferraro, REALTOR®
Watson Realty Corp.
1445 West State Road 434, Suite 100
Longwood, FL 32750
407-622-8531 Direct Line
407-493-0719 Cell
800-943-6444 Ext. 131
amferraro@watsonrealtycorp.com
www.anne-marieferraro.com
"You're Home Free With Anne-Marie!" 

 

Check out our website at www.WatsonRealtyCorp.com

This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which it is addressed. If you have received this email in error please delete it and notify the originator of the message. This footer also confirms that this email message has been scanned for the presence of viruses and offensive material, but Watson Realty Corp. does not guarantee or accept any liability that may be caused by any viruses.

Buy Now and Inherit your Homestead for the Entire Year!

Did you know that if you buy a home that will be your main residence and close on it by mid-night, December 31^st you will get to claim your homestead for the whole year!  So many people rush to buy a home at this time of the year so that they can claim their homestead.  Homestead can save you a significant amount of money on your home taxes.  Call me if you are in the market for a new home by the end of 2008.

 

Anne-Marie Ferraro, REALTOR®
Watson Realty Corp.
1445 West State Road 434, Suite 100
Longwood, FL 32750
407-622-8531 Direct Line
407-493-0719 Cell
800-943-6444 Ext. 131
amferraro@watsonrealtycorp.com
www.anne-marieferraro.com
"You're Home Free With Anne-Marie!" 

 

Check out our website at www.WatsonRealtyCorp.com

This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which it is addressed. If you have received this email in error please delete it and notify the originator of the message. This footer also confirms that this email message has been scanned for the presence of viruses and offensive material, but Watson Realty Corp. does not guarantee or accept any liability that may be caused by any viruses.

COME OUT AND BUY TODAY!

If you believe everything you hear today, there isn’t any credit available.  That’s not true!  Tons of banks and mortgage companies have money for loans for homes.  It’s the home equity lines and credit to buy cars that’s tight today but if you have good credit and a steady job you can get a home loan!

 

I work with Watson Realty.  We have our own mortgage department.  Currently, we have 30 million dollars just waiting to be loaned out for new home buyers!

 

Come check us out!  The houses are priced so well and the inventory is so high that you will have to agree with me that NOW is the time to BUY!

 

Anne-Marie Ferraro, REALTOR®
Watson Realty Corp.
1445 West State Road 434, Suite 100
Longwood, FL 32750
407-622-8531 Direct Line
407-493-0719 Cell
800-943-6444 Ext. 131
amferraro@watsonrealtycorp.com
www.anne-marieferraro.com
"You're Home Free With Anne-Marie!" 

 

Check out our website at www.WatsonRealtyCorp.com

This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which it is addressed. If you have received this email in error please delete it and notify the originator of the message. This footer also confirms that this email message has been scanned for the presence of viruses and offensive material, but Watson Realty Corp. does not guarantee or accept any liability that may be caused by any viruses.

Loan Modifications

There is help out there for people who are having a hard time making their mortgage payments.  Most banks are agreeable to what is known as a Loan Modification.  A bank would rather restructure your existing mortgage instead of having you do a short sale or foreclosure.

 

The loan modification may allow you to take your mortgage payments that are over due and put them at the back of your loan and it may also lower your interest rate.

 

Call me if you need further explanations.  With all that’s going on the bank DOES NOT want to foreclose.

 

Anne-Marie Ferraro, REALTOR®
Watson Realty Corp.
1445 West State Road 434, Suite 100
Longwood, FL 32750
407-622-8531 Direct Line
407-493-0719 Cell
800-943-6444 Ext. 131
amferraro@watsonrealtycorp.com
www.anne-marieferraro.com
"You're Home Free With Anne-Marie!" 

 

Check out our website at www.WatsonRealtyCorp.com

This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which it is addressed. If you have received this email in error please delete it and notify the originator of the message. This footer also confirms that this email message has been scanned for the presence of viruses and offensive material, but Watson Realty Corp. does not guarantee or accept any liability that may be caused by any viruses.