By Michael Allen
In today’s Wall Street Journal, a lengthy article details the federal government’s action in taking over both Government Sponsored Enterprises (GSEs) to stabilize the US mortgage market. Another huge benefit to the action last weekend is to calm the fears among many foreign central banks. The central banks of most major foreign powers, including China hold huge portfolios of the bonds issued by these two mortgage giants.
These foreign central banks have ... Read Full Story
Buying a home is intimidating to most people simply because it’s a complex process we seldom do. So let’s boil it down to bite-sized chunks. It’s actually a straightforward sequence anyone can master to quickly reach their dream of home ownership.
1.Where NOT to start: Don’t commit to a Realtor® right away. Most people, are stretching to have enough cash to close. Using a “Buyers Agent” will cost you 2%-3% more for the house and could keep you from affording one. So where should yo... Read Full Story
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Although most of the press you see today about the housing market is talking about the “doom & gloom”, you need to know that anytime a market like housing is “down” for one person, that spells Opportunity (yes, with a capital “O”)! Many markets are somewhat softer but still healthy enough that there is no long term risk to buying. In fact, that softness in prices creates tremendous opportunities for buyers to pick up a home they might not hav... Read Full Story
By Michael Allen
Worried about buying a home with all the talk about problems in the housing markets today? Well, in most cases, those problems create opportunities for buyers and give you a chance to possibly get the very best deal in many years. For more information, check out the article on MSN.com today HERE
The article goes into detail and has links to other resources too, so I can recommend it to you to further your education on how to buy that home you have been wanting.
Enj... Read Full Story
By Michael Allen
Worried about buying a home with all the talk about problems in the housing markets today? Well, in most cases, those problems create opportunities for buyers and give you a chance to possibly get the very best deal in many years. For more information, check out the article on MSN.com today HERE
The article goes into detail and has links to other resources too, so I can recommend it to you to further your education on how to buy that home you have been wanting.
Enj... Read Full Story
By Michael Allen
Continuing from our previous post, when looking for a house, you will need to use EVERY available resource to be sure you find all the possible “suspects” for your list. To help Mark find just the right home for him and his soon to be family, we pulled out all the stops:
We used all the web resources mentioned in post 1 PLUS… when we had a list of “suspects” we went to that subdivision and simply drove the streets. We looked at each of... Read Full Story
