tag:blogger.com,1999:blog-51083257361219673152024-02-20T15:08:40.595-05:00Bethany Beach Lender BlogGreat ideas with usable tipsAnonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.comBlogger86125tag:blogger.com,1999:blog-5108325736121967315.post-48387688479697432852017-01-20T08:11:00.003-05:002017-01-20T08:11:55.610-05:00How Soon Can I Buy? <div dir="ltr" style="text-align: left;" trbidi="on">
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<strong><u><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;">Waiting Periods for
Foreclosure, BK, and Shortsale:</span></u></strong><span style="font-family: "tahoma" , sans-serif; font-size: 10pt;"><o:p></o:p></span></div>
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<strong><span style="color: red; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Answer for Fannie Mae:</span></strong><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Foreclosure: 7 years</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Short Sale: 4 years</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><br />
</span><span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">BK:
4 years from discharge</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"> <o:p></o:p></span></div>
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<strong><span style="color: red; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Answer for Freddie Mac:</span></strong><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Foreclosure: 7 years</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Short Sales: not allowed</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">BK:
4 years</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"> <o:p></o:p></span></div>
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<strong><span style="color: red; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Answer for FHA:</span></strong><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Foreclosure:
3 years</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 7 BK: 2 years
from discharge</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 13 BK: 1 year from payout
period</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Consumer Credit: 1 year from payout period</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Short
Sale:
Not eligible if pursued on principal residence simply to take advantage of
declining market & purchase a</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"> </span><span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">similar or superior property</span><span style="color: blue; font-family: "tahoma" , "sans-serif"; font-size: 13.5pt;"> <o:p></o:p></span></div>
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<strong><span style="color: red; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Answer for VA:</span></strong><span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;"> <o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Foreclosure:
2 years<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 7 BK: 2 years
from discharge<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 13 BK: 1 year from payout
period<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Consumer Credit: 1 year from payout period<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Short
Sale:
2 years<o:p></o:p></span></div>
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<strong><span style="color: red; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Answer for USDA:</span></strong><span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;"> <o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Foreclosure:
3 years<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 7 BK: 3
years from discharge<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Chapter 13 BK: 3 year from payout
period<o:p></o:p></span></div>
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<span style="color: blue; font-family: "calibri" , "sans-serif"; font-size: 13.5pt;">Short
Sale:
3 years<o:p></o:p></span></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-4594149769217217612017-01-18T15:07:00.002-05:002017-01-18T15:08:49.371-05:00<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzIpWHitmawvCvDlprxE0W4aoza8IQaXhy3eUCIpvujdEfK5YYZY69ROwtwzDIzlDFXzKnkvTU_VaVpHofxrqe6uh4PlGyV-X2sfACVxDWX6OHb1BxwI6uMQQmUpai7B4k0m2Lt8TsyLc/s1600/Did+you+know.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="126" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzIpWHitmawvCvDlprxE0W4aoza8IQaXhy3eUCIpvujdEfK5YYZY69ROwtwzDIzlDFXzKnkvTU_VaVpHofxrqe6uh4PlGyV-X2sfACVxDWX6OHb1BxwI6uMQQmUpai7B4k0m2Lt8TsyLc/s320/Did+you+know.jpg" width="320" /></a></div>
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<b><span style="font-family: "verdana" , sans-serif; font-size: 10pt; line-height: 115%;">'When can I start the
loan process after a derogatory event?'</span></b><span style="font-family: "verdana" , sans-serif; font-size: 10pt; line-height: 115%;"><o:p></o:p></span></div>
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<span style="font-family: "verdana" , sans-serif; font-size: 10pt; line-height: 115%;">Below
please find some helpful guidance on what can be done in the loan process after
a short sale (SS) or foreclosure (FC).<br />
<br />
<b>FHA</b><br />
Measure by recording date of SS/FC to the date of the new note/case number: 3
years<br />
<br />
<b><i>When can I start?</i></b><i> Nothing can start before the case number is
ordered, which cannot occur until the 3 years seasoning has passed. Since a
case number cannot be ordered without an application, neither can the
application be taken prior to the seasoning met.</i><br />
<br />
<b>VA</b><br />
Measure by recording date of SS/FC to the date of the new note: 2 years<br />
<br />
<b><i>When can I start?</i></b><i> <u>Nothing</u> can start before the date of
the initial application.</i><br />
<br />
<b>FNMA</b><br />
Measure by recording date of SS/FC to the date of the new note : 4 Years for
SS/ 7 years for FC<br />
<br />
<b><i>When can I start?</i></b><i> Contract can be signed/ loan can be locked/
application and credit can be taken before the waiting period is up- cannot
draw the loan before the seasoning period has elapsed.</i><br />
<br />
<b>FREDDIE MAC</b><br />
<br />
Measure by Recording date of SS/FC to the date of the initial application = 7
years for FC. SS allowed if we get an Accept/ eligible.<br />
<br />
<b><i>When can I start?</i></b><i> LPA evaluates Significant Derogatory Credit
(SS/FC)- if LPA issues an 'Accept/eligible', the seasoning is deemed to have
been met and the transaction can move forward.</i><br />
<br />
<b>USDA</b><br />
Measure from the date of the short sale or foreclosure to the loan application-
3 years.<br />
<br />
<b><i>When can I start? </i></b><i>Only the contract can be signed prior to the
three year seasoning (No credit pulled prior 3 year seasoning)</i></span></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-59924955624569805582016-04-06T14:27:00.000-04:002016-04-06T14:27:24.057-04:00Call to Action<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghY1maWzrRCqmtPAHNAu8vf4eGPZEgdY_dPkJQq4LWns19RrajbpoNdVASfP0dUVuHlOVuT5fSeLnz4QPXgLEwWxm3nD8-1dtsSoAgr79Csq6Xm4pqDO5YqstXYxtVcau-6mvBMGXkI5U/s1600/call-to-action-buttons-1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="151" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghY1maWzrRCqmtPAHNAu8vf4eGPZEgdY_dPkJQq4LWns19RrajbpoNdVASfP0dUVuHlOVuT5fSeLnz4QPXgLEwWxm3nD8-1dtsSoAgr79Csq6Xm4pqDO5YqstXYxtVcau-6mvBMGXkI5U/s320/call-to-action-buttons-1.png" width="320" /></a></div>
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<h2>
<b><u>What is a Call to Action?</u></b></h2>
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<b><span style="font-size: 12.0pt; line-height: 115%;"><br /></span></b></div>
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<span style="font-size: 12.0pt; line-height: 115%;">A call to
action is meant to provoke a reaction from the target audience. It is a
non-demanding request made by a marketer. The most effective marketing
strategies combine several CTAs creating a behavioral pattern that is easy for
the audience to follow. CTAs are essential parts of permission marketing as
well as inbound marketing and are often used in websites. The aim of
incorporating them is to turn visitors to the website to clients.<o:p></o:p></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;">An effective
call to action should reduce or completely eradicate the risk to the audience.
In some cases this is by giving the potential client a chance to sample the
product for free for a specified period before they can start purchasing. CTA should also direct the audience on what
they are to do. It could be to click a specific button or choose a color.
Effective CTAs should also encourage an immediate reaction instead of giving
the people to sit back and think about it as they might find alternative
products and services.<o:p></o:p></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span style="font-size: 12.0pt; line-height: 115%;">The call to
action should be preceded by properly laid groundwork that involves helping the
customer recognize their need for your product. It should offer something extra
in order to entice the customer to respond to it. An effective CTA communicates
urgency as is indicated by expiry dates for offers or rewards for immediate
action. A CTA should use a different color from the general theme color so as
to ensure it stands out and captures attention.<o:p></o:p></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;">Having a
call to action on a website is essential and this is not limited to ecommerce
sites .It helps the audience focus the attention to the site and also provides
you as the owner of the website, a way to measure the effectiveness of your
site. But also of importance, a call to action gives the customers directions
helping them get the most from you while giving you their contacts so you can
reach them in the future especially in mail marketing. A call of action, such
as asking the customers to sign up for the newsletter also ensures the
customers will always be updated on the new products and services, giving you
an avenue to interest them even more and hopefully, change them into paying
customers.<o:p></o:p></span><br />
<span style="font-size: 12.0pt; line-height: 115%;"><br /></span>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-65611791184396105062016-03-19T15:15:00.005-04:002016-03-19T15:15:42.067-04:00Dream Home Search<div dir="ltr" style="text-align: left;" trbidi="on">
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-68969972877877619032016-03-15T08:32:00.001-04:002016-03-15T08:32:28.049-04:00Facebook Live Feature<div dir="ltr" style="text-align: left;" trbidi="on">
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<div class="MsoNormal" style="line-height: 200%;">
<b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Definition<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: 200%; text-indent: .5in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Facebook
live is a product from Facebook that allows one to share different perspectives
and experiences in real-time to friends and family or to fans. Since these live
videos are exciting and captivating to the audience, more people are able to
tune in and engage with the broadcasters directly at that moment. The concept
was developed to capture a larger audience as live videos are watched more than
those videos that are not. The platform is now accessible to android users as well
as the iPhone users and is therefore accessible by more people in the United
States. It is very easy to use as all one need to do is choose the audience and
then start broadcasting. You are able to see the number of people viewing and
can respond to the comments. The video is saved to the timeline allowing you to
keep it or delete it.<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Impact
of Facebook Live on Business<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Facebook
live though initially verified for public figures is now available to all
verified pages on the platform. It was initially made available to the elite
with the hope of controlling the demand on bandwidth and set a higher standard
on video streaming. With social
marketing being of great importance to marketing, Facebook live cannot be
underestimated in value. I real estate especially, Facebook live can help
create greater levels of awareness as properties are show cased and the video
features the interior and the exterior allowing customers to get a more
complete picture. Live videos are also shared more and the clients can view the
products and still return to the news feed to review the video if they need
clarification. This also allows them to share the links with friends in order
to get a second opinion before purchase.<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Facebook
Live’s Impact on Open Houses<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Open
houses in the real estate business are important as they allow clients to view
the product without having booked an appointment. Agents can use Facebook live
to let more people know about the event in advance. The news feed can be to the
public but it is important to create a large following in order to increase the
number of people reached. As people are watching the video, the agent can
invite them to subscribe and whenever the agent is live, they would get
notified. By enabling Follower, you are able to get an even larger audience. On
the day of the open house, it would also be prudent to post another live video
showing the event as it progresses and featuring the different aspects of the
house indoors and outdoors. Ensure the videos are saved on the timeline so that
the followers can access them later. The increased traffic to the Facebook page
would mean more potential clients who can then become home owners. Those unable
to attend the event due to distance or previous commitments would also experience
the open house and hopefully book an appointment later.<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Marketing
a prelisting<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Prelisting
packages are meant to foster a relationship with the sellers, so that they are
confident the real estate agent would do their best to get the best price
within the shortest time possible. Facebook live would allow the agent to make
a live video showing the houses they have already sold. If the previous seller
is willing, he or she can be part of the video, recommending the agent as the best
at what she or he does.</span></div>
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<br /></div>
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<b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Virtual
Tour<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 200%;">Agents
could take advantage of Facebook live by posting virtual tours of the
properties they are listing. The videos should be given a catchy title and made
of the best possible quality so that customers can see the properties in the
best light. The virtual tours should also be archived once they have been
broadcasted until the property is no longer available. This would allow the
agent to reach even those far from the location of the property allowing them
to make a decision and only come in for a final viewing before purchase.<o:p></o:p></span><br />
<br /></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com1tag:blogger.com,1999:blog-5108325736121967315.post-77587579581843535602016-03-01T14:30:00.001-05:002016-03-01T15:14:45.626-05:00What is a Mortgage Broker?<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMLKazC0r3Ix8RKGhMUiuBQkE_HJ2xueDJZKZz6Kyx3KZAEkDVSuBC6AKd91CRGhUgrZ7EXGLHRALbAWKjOYmGhUOOmUBLkuL4MamAQIy9mPW-C3vi1zoPXqqCaNqepbAY278xBfOFzyM/s1600/Happy+People.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMLKazC0r3Ix8RKGhMUiuBQkE_HJ2xueDJZKZz6Kyx3KZAEkDVSuBC6AKd91CRGhUgrZ7EXGLHRALbAWKjOYmGhUOOmUBLkuL4MamAQIy9mPW-C3vi1zoPXqqCaNqepbAY278xBfOFzyM/s1600/Happy+People.jpg" /></a></div>
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A <b style="box-sizing: border-box;">mortgage broker</b> acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. They go between the borrower and the lender (usually a lender backed by Fannie and Freddie) and negotiate on your behalf so it’s hassle and stress free.</div>
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Traditionally, banks and other lending institutions have sold their own products. However, as markets for mortgages have become more competitive, the role of the mortgage broker has become more popular as personal relationship outshine 800's . Today most mortgage brokers are the largest sellers of mortgage products for lenders.</div>
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Mortgage brokers exist to find a bank or a direct lender that an individual seeks with a specific loan the individual is seeking.</div>
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The majority of mortgage brokers are regulated to ensure compliance with banking and or finance laws in the jurisdiction of the consumer; however, the extent of the regulation depends on the jurisdiction.</div>
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Locally operating in Coastal Delaware since 2005 my focus is individualization of the right program for your particular needs when buying or refinancing. </div>
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If looking to buying or refinancing take the action now:<br />
<span style="text-align: center;"><br /></span>
<span style="text-align: center;"> </span><a href="https://mortgagefinancing.wufoo.com/forms/z1v0eyii1ymqcko/" style="text-align: center;">Inquriy Now</a></div>
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<a href="http://www.realestate-bethanybeach.com/">Search for Properties </a></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com1tag:blogger.com,1999:blog-5108325736121967315.post-54223648884609722372016-02-23T10:43:00.002-05:002016-02-23T10:43:41.749-05:00Periscope Open House Trends & Ideas<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMdhiBff7okNbLaM2kdVrn9oNEj253gAkytr8eLBlSMKxn7nsAK97BjlkYOhiNbUnqco-LOvVDr7tK9abQmiDOLZ5rqIqmlRu1WdmaiJHqMczHt9TDQOt0V_DYjEhQl-oiVoryMO6y79M/s1600/periscope-logo-1920.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMdhiBff7okNbLaM2kdVrn9oNEj253gAkytr8eLBlSMKxn7nsAK97BjlkYOhiNbUnqco-LOvVDr7tK9abQmiDOLZ5rqIqmlRu1WdmaiJHqMczHt9TDQOt0V_DYjEhQl-oiVoryMO6y79M/s320/periscope-logo-1920.jpg" width="320" /></a></div>
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<b><span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Definition<o:p></o:p></span></b></div>
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<span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Periscope is a
live video streaming App that was launched in March 2016. It was acquired by
twitter before it was publicly launched. Four months after its launch, the app
already had over ten million active accounts in it. The app has been adopted by
both android and apple users. Periscope users have the option of tweeting out a
link to their live stream and can choose who views the video.<o:p></o:p></span></div>
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<b><span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Importance of Periscope to Businesses<o:p></o:p></span></b></div>
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<span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Periscope
brings a different aspect to marketing as buyers who are away can watch the
video stream and those who are close by can be enticed to join in the event. Furthermore,
the connection of periscope to twitter means that the business reach is
quadrupled. By building the number of clients who follow your account on
twitter, Facebook and other social media sites, your reach as a business is
immerse. Periscope can be used when launching a product, showcasing the current
merchandise with more focus on the features and even just to show other events
that the business participates in such as CSR. With the beach being close by,
periscope offer those in Delaware a chance to participate in the event from a
far.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 200%; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Periscope’s Impact on Open Houses<o:p></o:p></span></b></div>
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<span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Open Houses are
important occasions in real estate as they allow prospective buyers to view the
house without having to book an appointment. Not only can periscope be used to
create awareness of the open house and invite more buyers to show up, it can
also be used to market to those who can’t attend as they watch the different aspects
of the house and decide to book an appointment later. By linking the video to
twitter and other sites, the video of the open house could be watched by
customers in different parts of the country and they could repost it giving
your business more views. It would allow you to make sales to clients you are
yet to meet.<o:p></o:p></span></div>
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<b><span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Marketing a prelisting on Periscope<o:p></o:p></span></b></div>
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<span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">A prelisting
package aims to ensure sellers are aware of who you are as a real estate agent,
the agency you represent and what you can do to make the sale of their house
quick and get them the best possible price. Periscope would help real estate
agents with this as they could easily make videos of themselves and what they
do then post them on social media. They could also link different videos of
open houses or other related events they have participated in and the clients
can see how they work and how successful they are. With the ability to offer
feedback and answer questions, periscope offers a new way to connect and
communicate.<o:p></o:p></span></div>
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<b><span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Virtual Tours<o:p></o:p></span></b></div>
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<span style="color: #383838; font-size: 12.0pt; line-height: 200%; mso-bidi-font-family: Helvetica; mso-fareast-font-family: "Times New Roman";">Another feature
in marketing that real estate agents could take advantage of is the virtual
tours that they can make then post on periscope. The videos taken would capture
the different features of the properties and at different angles so that
potential buyers can get a more rounded experience. The virtual tour video
could be accompanied by a voice over that would give more information on the
best aspects of the property. This video when posted on periscope has a higher
viewing and is more effective as a marketing tool.<o:p></o:p></span></div>
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<span style="color: #383838;">Searching for Real Estate and Mortgages in Coastal Delaware - <a href="http://www.bethanybeachmortgages.com/">Click Here</a></span></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com1tag:blogger.com,1999:blog-5108325736121967315.post-12932273853754859322015-11-09T07:08:00.003-05:002015-11-09T07:08:53.261-05:00Bi-Weekly Mortgage Myths<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">
<b>Retirement with a Mortgage Case Study: Biweekly Payment Plans - Myths, Misconceptions and Alternatives</b></div>
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<br /></div>
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<div style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">
Maybe you are considering or paying on a mortgage every two weeks, in most cases, the loan servicer is paying the loan monthly. A consumer who buys into a biweekly plan is actually loaning the servicer half of your mortgage payment, interest free, for at least two weeks every month.</div>
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In addition, the convenience of biweekly payment programs comes at a cost. Of the top five mortgage-servicing institutions, four charge enrollment fees that range from $295 to $379. Three also levy additional charges on every transaction. If your elect to pay biweekly , thus avoiding the hefty upfront charge, fees from the same top five servicers range from $4 to $9 a month.</div>
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The truly beneficial aspect of biweekly mortgage payments is the two additional half-payments going toward the principal each year. In other words, by making 26 biweekly payments, you are effectively making 13 monthly payments instead of the customary 12. Depending on specific loan terms, one extra payment a year may enable you to pay for your home an average of six to eight years ahead of schedule</div>
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<div style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">
<b>Myth #2: Paying twice a month reduces the mortgage’s compound interest.</b></div>
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<b><br /></b></div>
<div dir="ltr" style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">
A true biweekly mortgage, set up at loan origination or during refinancing, is rare, and is not offered by all lenders; however, it is possible to get many of the benefits of a biweekly payment schedule without the extra costs.<br />
<br />
Alternatives include:<br />
<ul>
<li style="margin-left: 15px;">paying an additional one-twelfth of the mortgage payment each month, while specifying on the payment stub or coupon that the amount should go toward the principal.</li>
<li style="margin-left: 15px;">inquiring about the option of sending a half-payment every two weeks without enrolling in the bank’s biweekly program.</li>
<li style="margin-left: 15px;">adding the equivalent of one extra payment to the mortgage, possibly from the proceeds of a bonus or tax refund. The consumer should specify that the additional money is meant to go toward repayment of the principal.</li>
<li style="margin-left: 15px;">for borrowers who are paid biweekly, taking half of the amount of the mortgage payment from each paycheck and putting it in a savings account, then using all of the funds in the account to pay the mortgage each month. At least twice a year, the borrower will be including the equivalent of an extra half-payment.</li>
</ul>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-86109415514943068392015-10-08T15:50:00.001-04:002015-10-08T15:50:42.917-04:00Things you can do!<div dir="ltr" style="text-align: left;" trbidi="on">
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4 Steps to Enhance Your Credit </h2>
We all know that a high credit score can help streamline life events like buying a house or landing a new job. But do you know how to boost your score? Try these four moves to give it a quick lift. <br />
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<b>Fix Credit Errors --</b> Don't wait for a lender to check your credit before reviewing it yourself. <a href="https://www.annualcreditreport.com/index.action">Request a credit report</a> from each of the three major bureaus every year, reviewing the accuracy of your personal info, credit limits and the open or closed status of each account. <a href="http://www.consumer.ftc.gov/articles/0151-disputing-errors-credit-reports">Dispute any errors</a> immediately.<br />
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<b>Ask for Forgiveness --</b> If you have blemishes on your credit, try clearing them up. Negotiate paying an old debt if the creditor will mark your account "paid as agreed." For a late payment on a long-held account, write the creditor, acknowledge your otherwise good history and ask for a <a href="http://lexingtonlawreviews.com/how-to-use-a-goodwill-letter-to-repair-your-credit/">goodwill adjustment</a> that will wipe it from your credit report.<br />
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<b>Make Strategic Repayments --</b> You may not be able to pay off your credit cards quickly, but you can strategically pay them down. Start by dividing each card balance by its limit. Demonstrate restraint to lenders by keeping each card balance below 30 percent. If your card debts are higher, make a plan to pay balances down to reach a more desirable ratio. <br />
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<b>Increase Your Credit --</b> Another way to reduce your <a href="http://www.investopedia.com/terms/d/dti.asp">debt-to-income ratio</a> is to ask for an increased limit. It's a bit of a numbers game, but if you keep future spending in check, you can end up with a lower ratio. (Experts say this ratio accounts for up to one-third of your credit score.)</div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-10894966686246754382015-09-19T09:45:00.001-04:002015-09-19T10:03:27.820-04:00Credit Scores<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="-webkit-text-size-adjust: auto; background-color: rgba(255, 255, 255, 0); text-align: justify;">Fair, Isaac and Company (a.k.a. FICO) came into being in 1956 to help lenders determine the likelihood of consumers to repay loans. By issuing credit scores ranging from 350 to 900, FICO estimates that the higher the consumer's score, the more likely he is to pay back money borrowed timely and in full. </span></div>
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<span style="-webkit-text-size-adjust: auto; background-color: rgba(255, 255, 255, 0);"><span style="text-align: justify;">Five factors comprise the credit score: payment history (35%); credit balances (30%); length of credit (15%); credit types (10%); and recency of inquiries (10%).</span><span style="text-align: justify;"> </span></span></div>
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<span style="-webkit-text-size-adjust: auto; background-color: rgba(255, 255, 255, 0); text-align: justify;">If a borrower is required to pay a higher interest rate on money borrowed due to credit problems, his credit rating will improve once payments are made on time, creating opportunities to refinance to a lower interest rate.</span></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-84351699082937873642015-08-31T14:38:00.002-04:002015-08-31T14:38:54.228-04:00Did you know...<div dir="ltr" style="text-align: left;" trbidi="on">
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<b>...</b><b>the Wait Periods for Derogatory Credit?</b></h2>
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 20px; text-align: left;">If you have filed for bankruptcy, did a short sale and lost your house, perhaps you think you’ll never be able to own a home again. Fortunately for you, you’re wrong! With bankruptcy becoming more and more common these days, mortgage loans have been developed to help finance those who want to try again. Don’t assume lenders are not willing to lend you money, you'll just have to pass the waiting periods above. </span></div>
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 20px; text-align: left;">Overall, the best strategy to getting back into a home after bankruptcy is to wait. </span><span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 20px; text-align: left;"> It won't be a walk down easy street though; you’re going to have to work harder but that easy working with the right mortgage broker. </span></div>
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 20px; text-align: left;">Find out more today with just a few clicks below. Steve Morgan - Fairfax Mortgage Investments 302-541-5363.</span><br />
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<iframe allowtransparency="true" frameborder="0" height="1313" scrolling="no" src="https://mortgagefinancing.wufoo.com/embed/q1s4ewgy188tdry/" style="border: none; width: 100%;"><a href="https://mortgagefinancing.wufoo.com/forms/q1s4ewgy188tdry/">Fill out my Wufoo form!</a></iframe></div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-71355881658787426902015-08-21T11:47:00.000-04:002015-08-21T14:03:33.513-04:00Social Media - Realtor, Post, Likes & Leads<div dir="ltr" style="text-align: left;" trbidi="on">
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<em style="background-color: white; color: #222222; font-family: 'Times New Roman', serif; text-align: start;">Realtors and Agents Only</em><br />
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<em style="background-color: white; color: #222222; font-family: 'Times New Roman', serif; text-align: start;">I'm seeking agents that are interested in teaming up to find leads out of Facebook that I qualify and you sell. If your interest in getting results like my post 20 hours ago, 3,412 reached, 127 Likes and Shares, 393 Post Clicks - just take a minute to fill out the form below. </em></div>
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<i style="background-color: white; color: #222222; font-family: 'Times New Roman', serif; font-size: 13.3333330154419px;"><em><a href="https://www.facebook.com/BethanyBeachLender/posts/10152984024835906">See Post on Facebook</a></em></i></div>
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<i style="background-color: white; color: #222222; font-family: 'Times New Roman', serif;"><em><span style="font-size: 13.3333330154419px;">Be</span>cause of the upfront effort and time I'm limiting it for now to 3 to 4 new agents. A baseline understanding and believe in social media is required to ensure the highest success in working together.</em></i></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com2tag:blogger.com,1999:blog-5108325736121967315.post-47893805983756435702015-08-19T10:52:00.002-04:002015-08-20T17:09:02.790-04:00Affordable Housing - Locals<div dir="ltr" style="text-align: left;" trbidi="on">
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Is there a gap to make affordable housing that's reasonable priced for locals and within a budget similar to renting? <br />
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From my experience of doing pre approvals at Fairfax Mortgage as Mortgage Broker over the last 11 years I said "YES".<br />
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Affordable housing in Sussex County Delaware is tough; anybody that has looked at homes in the price range of $140-$199k typical finds dated designs, places far inland and most needing capital to modernize. Locals and new locals can see that there are tons of inventory of new construction homes and communities priced high 230's and up.<br />
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At my office we are seeking homeowners that want to own new construction, stick built homes; typically three bedroom two bath with garage similar to the picture above. Most of these homes are located in Dagsboro where the property location qualifies 100% financing by USDA.<br />
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My office Fairfax Mortgage is seeking out homeowners who are interested in affordable homes in the price point of $199k to $229k. Some basic information to help you determine if you should fill out the form below; stable jobs for last two years with verifiable income and living history of last two years. <br />
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We at Fairfax Mortgage ask if the builder is willing to pay for the closing costs, so the cash to close at settlement can be $1k to 2k, in some cases less that rent and a security deposit, payments typically for these homes are projected about $1100 -$1200.<br />
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USDA requires a borrower have a credit score of 620 or better to qualify and one's annual household income should in the range of $50k to $79k .<br />
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If you know someone that is seeking an affordable home, share my blog; ask them to fill out the questionnaire below. We work on finding solutions; we might be able to help whether it's today or for buyers who are planning a purchase within the next 18 months.<br />
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<iframe allowtransparency="true" frameborder="0" height="647" scrolling="no" src="https://mortgagefinancing.wufoo.com/embed/z1nur3vx1c7o23s/" style="border: none; width: 100%;"><a href="https://mortgagefinancing.wufoo.com/forms/z1nur3vx1c7o23s/">Fill out my Wufoo form!</a></iframe></div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-81600710717475336092015-08-13T16:37:00.000-04:002015-08-13T16:37:07.175-04:00How much can I afford?<div dir="ltr" style="text-align: left;" trbidi="on">
A Home Mortgage: How Much Can I Afford?<br />
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Home-owning is the American dream. If it is one of your dreams, you may be wondering how you can ever make it a reality. Home prices in many areas today are very expensive, in some areas prices have even doubled during the past five years because of the housing boom. The key to becoming a home owner is determining just how much of a house you can truly afford.<br />
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One of the most basic measures of how much you can afford to pay for a home is to choose a property that costs two to two-and-a-half times your yearly income. So for example, if you make $50,000 each year, the guideline suggests that you look for a home that costs between $100,000 and $150,000. If you live in one of the former real estate hot spots like Florida, Arizona, or California though, you may complain that even a salary twice that of the example would barely pay for a decent home. Fortunately this basic measure is not the only way you can calculate how much you can afford.<br />
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One of the ways most lenders determine your eligibility for a certain mortgage loan amount is by figuring out how much debt you have. They will plug that dollar total into a debt-to-income ratio. The ratio consists of two numbers. The first is the amount of money you plan to spend on your mortgage payments, divided by your monthly income. Lenders like to see this number under 28%, but some will accept higher percentages. To calculate how much money you can put towards a monthly mortgage, find a sum that meets the 28% ratio. The formula is to multiply your monthly income by 28% or 0.28. For example, if your monthly income is $4500, multiply that number by 0.28, and you find that the amount of money you should be able to devote to your monthly mortgage payment is $1260.<br />
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The second number in the ratio may change the real total of how much you can afford. This ratio takes into account your total debt. The basic principle is that the more debt you have, the less able you are to take on new debt, like a home mortgage. This ratio is calculated by adding your proposed monthly mortgage debt to your other total monthly debt and dividing that by your monthly income. Lenders prefer this ratio to be below 36%, although there are of course lenders who will make exceptions to this rule.<br />
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Beyond simple income qualifications and calculations, in order to determine how much mortgage you can afford you must take into account the down payment requirement. Traditionally lenders required a down payment that was 20% of the value of the loan. Contributing that much today is still preferable and will secure a great loan with a nice, low interest rate but such a sum is sometimes impossible for borrowers to scrape together today. Fortunately there are lots of lenders who will accept some lesser percentage. There are even some programs that offer a no-down payment feature. Be aware those that these types of loans will cost you in points and the interest rate. You should plan to make some sort of down payment, even if it is just 3% or 5% of the home price. This means taking money out of your savings, money you will not be able to use for further mortgage payments. Be sure to calculate how much a down payment will set you back in the home owning process.<br />
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There are many things to consider when figuring out how much home you can afford, including many personal and lifestyle preferences. Be sure to consult with a financial or mortgage professional to help answer your questions about the right house price range for you.<br />
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com1tag:blogger.com,1999:blog-5108325736121967315.post-17772527127665982992015-06-04T15:01:00.002-04:002015-06-04T16:45:24.198-04:00<div dir="ltr" style="text-align: left;" trbidi="on">
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In life we always have changes, it's planning , planning and still more planning - the world didn't stop 12/31/1999 at 11:59 pm. Will there be a learning curve for real estate agents, builders , lenders and mortgage professionals - 100%! There's always a way of finding how to keep business moving - great ones are already doing so - PreApprovals are still part of the business.<br />
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<span style="font-family: "Verdana","sans-serif";">FROM </span><b><span style="font-family: "Verdana","sans-serif"; font-size: 16.0pt;">Origination News</span></b><span style="font-family: "Verdana","sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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<span style="font-family: "Tahoma","sans-serif"; font-size: 16.0pt;">The
TRID Loophole the CPFB Says Is Legit<o:p></o:p></span></div>
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by Ari Karen <o:p></o:p></div>
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MAY 28, 2015 <o:p></o:p></div>
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<span style="font-size: 14.0pt;">Anyone who's closely read the
nearly 1,900-page final rule for the TILA-RESPA Integrated Disclosures likely
noticed a nifty loophole when it comes to how lenders can issue mortgage
pre-approvals.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">For everyone else, the
Consumer Financial Protection Bureau recently clarified how a loan pre-approval
doesn't automatically trigger TRID's three-day window for delivering initial
disclosures.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">The workaround was mentioned during
a webinar hosted by the CFPB and Federal Reserve Board that also addressed new
rules that prohibit lenders from requiring a borrower to provide verifying
documentation prior to providing the Loan Estimate.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">The CFPB first pointed out
that TRID only prevented lenders from "requiring" such information,
but that if voluntarily provided by the borrower it was permissible. Of course,
the agency immediately followed up by explaining that a lender that explicitly
or implicitly requires such documentation would be violating the law.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">This obviously creates risks
for lenders who expect to rely upon the borrowers' "voluntariness,"
since a borrowers' subjective belief they implicitly had to provide
documentation could create risks for a lender.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">However, it is only after all
six pieces of information are collected that the requirement of a Loan Estimate
is triggered. The CFPB also indicated that as long as a lender did not collect
the six pieces of information necessary to trigger the Loan Estimate, a lender
could obtain verifying documentation.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">"The bureau does not
believe that the definition of application will restrict creditors' ability to
provide prequalification cost estimates or grant pre-approvals, because
creditors could provide prequalification estimates and grant pre-approvals
without obtaining all of the six elements of information that make up the
definition of application," Pedro De Oliveira, counsel at the Consumer
Financial Protection Bureau, said during the webinar.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">Hence, as long as the lender
does not, for instance, obtain the subject property address, the lender has no
obligation to provide the disclosures and/or Loan Estimate.<o:p></o:p></span></div>
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<span style="font-size: 14.0pt;">Accordingly, those lenders
that wish to provide pre-approvals may be well advised to consider making
pre-approvals general, as opposed to specific to a designated property.<o:p></o:p></span></div>
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Ari Karen is an attorney at Offit Kurman.<o:p></o:p></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-77409899102652466642015-03-17T13:43:00.000-04:002015-03-17T13:43:09.511-04:00BK, Short Sale & Foreclosure <div dir="ltr" style="text-align: left;" trbidi="on">
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Do you know someone that wants to own property again? <br />
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Especially after a BK, Short Sale or Foreclosure ... A lot of people got caught in that BUY high and ops - had to hit the reset button. The question I get often - how long do i have have wait?<br />
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Listen to the YouTube Clip<br />
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<iframe allowfullscreen="" class="YOUTUBE-iframe-video" data-thumbnail-src="https://i.ytimg.com/vi/ZmvfE3XnBMY/0.jpg" frameborder="0" height="266" src="http://www.youtube.com/embed/ZmvfE3XnBMY?feature=player_embedded" width="320"></iframe></div>
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Fill out the form below ...<br />
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<iframe allowtransparency="true" frameborder="0" height="1133" scrolling="no" src="https://mortgagefinancing.wufoo.com/embed/q1s4ewgy188tdry/" style="border: none; width: 100%;"><a href="https://mortgagefinancing.wufoo.com/forms/q1s4ewgy188tdry/">Fill out my Wufoo form!</a></iframe></div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-29006473869019865552015-03-17T11:53:00.000-04:002015-03-17T11:53:21.077-04:00Luxury 2nd Homes<div dir="ltr" style="text-align: left;" trbidi="on">
Lower interest rates on mortgages, in recent years, have encouraged more and more people to invest in real estate. Most of them are opting for buying vacation homes. In fact, a recent survey from National Association of Realtors suggested that vacation home sales surged as much as 30 percent in 2013 compared to 2012. Popular places for buyers include Bethany beach, Ocean city, and Panama City beach.<br />
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<b>Investing in second homes </b><br />
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<iframe width="320" height="266" class="YOUTUBE-iframe-video" data-thumbnail-src="https://i.ytimg.com/vi/-pEKU0pzWLM/0.jpg" src="http://www.youtube.com/embed/-pEKU0pzWLM?feature=player_embedded" frameborder="0" allowfullscreen></iframe></div>
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Some people buy second luxury homes as a place for relaxing with their families. Some buy it for generating passive income. Others purchase it to spend their post-retirement days in a calm and serene place. It’s all about personal preference.<br />
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Getting mortgage for a second home has been difficult for an average borrower after the new mortgage lending regulations. Now, mortgage lenders screen consumers’ complete financial picture before lending them home loans. The regulations also suggest that a borrower’s entire debt payment should not exceed 43 percent of their gross income prior to tax withdrawal.<br />
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If you are planning to buy a second home in Coastal Delaware can help you to qualify for a second home loan even under such stringent regulations. They usually suggest you to make a down payment greater than 20 percent of the price. My clients are just blow away when they discover they can make that dream happen as little as 10% down.<br />
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If you feel that investing in a Scoond home is what you need and you can afford it right now, then by all means fill out the form below. Having a home where you can spend your post-retirement days in peace is a dream for many and reality for a select few. Having a second home in a popular vacation spot can have its own perks in terms of a healthy passive income too.<br />
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<iframe allowtransparency="true" frameborder="0" height="1302" scrolling="no" src="https://coastallivingindelaware.wufoo.com/embed/zos1cgl0wskiik/" style="border: none; width: 100%;"><a href="https://coastallivingindelaware.wufoo.com/forms/zos1cgl0wskiik/">Fill out my Wufoo form!</a></iframe><br />
<div id="wuf-adv" style="color: #a7a7a7; display: block; font-family: inherit; font-size: small; text-align: center;">
<span class="notranslate">Use <a href="http://www.wufoo.com/partners/">Wufoo integrations</a> and get your data to your favorite apps.</span></div>
</div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-32218051774245409502015-03-13T11:27:00.001-04:002015-03-13T16:41:39.515-04:00Hockessin Properties<div dir="ltr" style="text-align: left;" trbidi="on">
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<strong><span style="font-family: Georgia, "Times New Roman", serif;">Hello Clip from Steve Morgan - Mortgage Broker</span></strong> </div>
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<iframe allowfullscreen="" class="YOUTUBE-iframe-video" data-thumbnail-src="https://i.ytimg.com/vi/vdr0ceeUeCU/0.jpg" frameborder="0" height="266" src="http://www.youtube.com/embed/vdr0ceeUeCU?feature=player_embedded" width="320"></iframe></div>
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<iframe allowtransparency="true" frameborder="0" height="1664" scrolling="no" src="https://mortgagefinancing.wufoo.com/embed/r6v9lrv1lm5zbk/" style="border: currentColor; width: 100%;">&amp;amp;amp;amp;amp;lt;a href="https://mortgagefinancing.wufoo.com/forms/r6v9lrv1lm5zbk/"&amp;amp;amp;amp;amp;gt;Fill out my Wufoo form!&amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;gt;</iframe><br /></div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-31106851688992408272015-01-31T12:47:00.001-05:002015-01-31T12:47:42.668-05:00Would you do business with this loan guy?<div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5DlpbMgNeTJpWsFtlhBm5s9sYxaL_hRByilEf-AwGAEsXLjTYpGHVrxGwWKaLXTGwUJ_S3JWw8oT5TDpjWSl0jcuwHqZSoJ2YbBytIQLmb-cKByfxiZzl_joZ_q8psFUC6-56rLtQ0Tw/s640/blogger-image-1750247584.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5DlpbMgNeTJpWsFtlhBm5s9sYxaL_hRByilEf-AwGAEsXLjTYpGHVrxGwWKaLXTGwUJ_S3JWw8oT5TDpjWSl0jcuwHqZSoJ2YbBytIQLmb-cKByfxiZzl_joZ_q8psFUC6-56rLtQ0Tw/s640/blogger-image-1750247584.jpg"></a></div>Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-44442569508467663772015-01-28T19:41:00.001-05:002015-01-28T19:56:01.710-05:00Have you seen this house old Mill Road?<div>Anybody driving by wondering what's going on with this particular property, what kind of financing, affordability, can I buy a house with no money maybe, what are payments for something like this for a brand new home ...reach out to me I can tell you all about it. </div><div><br></div><div>http://www.bethanybeachlender.com/freeReports/Affordable%20New%20Construction/</div><div><br></div><div><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2IRyitTA5HcjOI2jkpmXjl7smrgMVkqju8E9hRIZXoaSXBVB9066mVVkeQeogds9ohgWSLx0es6GePnZodb0CLrHjirq4mXlGZkP-4gJREptNlgJtuQ7nNtWO9QpK3gDGyx0KGyx9anI/s640/blogger-image-33742244.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2IRyitTA5HcjOI2jkpmXjl7smrgMVkqju8E9hRIZXoaSXBVB9066mVVkeQeogds9ohgWSLx0es6GePnZodb0CLrHjirq4mXlGZkP-4gJREptNlgJtuQ7nNtWO9QpK3gDGyx0KGyx9anI/s640/blogger-image-33742244.jpg"></a></div><br></div><div><br></div><div><br></div>Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-55665903578440742682015-01-27T08:05:00.001-05:002015-01-27T08:05:16.811-05:00What can I afford?<div>With locals and others moving to our beach area I get this a lot with first time homebuyers what can I forward?
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<div>And really it's a two part question what can I look at the price of a house for my payments and two the second part is what I qualify for in payments. </div>
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<div>This clip I whiteboard and show what you can afford and expect a price point to be looking at properties. </div>
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<div>And the hardest question I see people having to answer me is ... What budgeted in your mind or comfortable level with a monthly payment. </div>
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<div>Most people are taken back because they think like a car sales person trying to sell them how much you want to spend that's not necessarily the case especially when you putting yourself in debt for hundreds of thousands of dollars. </div>
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<div>See when you buy a $200,000 house with interest you gonna pay about $400,000 for that house over the life of the loan. </div>
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<div>So I work backwards and I break it down check out the clip it's a little awesome in helping understand The complexity that can be overwhelming. What you think?</div>
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<div><a x-apple-data-detectors-type="link" x-apple-data-detectors-result="2" href="http://youtu.be/7TUtBxLmopE" x-apple-data-detectors="true">http://youtu.be/7TUtBxLmopE</a> </div>
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<div></div>Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-82334885948977753722015-01-23T17:05:00.003-05:002015-01-23T17:05:39.012-05:00Is there a paradigm shift with rates sheets?<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: Verdana, sans-serif; font-size: 9pt;">Agents, Realtors, LO's<br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">What is a paradigm
shift? It's a shift in one’s thinking in the way of doing business.
It's a transformation, a sort of metamorphosis, that is driven by agents of
change. </span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">For me , it's seeing new
ways of marketing, new ways of communication, new ways of gaining
market share, and connecting with buyers looking to buy. I have
been shifting the way I do business using various social media platforms, and
I am noticing a shift in perception of my clients. This shift is
working. I am seeing an increase in my customer base, and through the power
of social media, am reaching clients beyond my immediate sphere of influence.
</span></em><br />
<em><span style="font-family: "Verdana","sans-serif";">I hope to continue to
partner with you as the shift in being an agent of change impacts our market.
</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Check out my “</span></em><a href="http://cts.vresp.com/c/?FairfaxMortgageInves/9e54081039/TEST/c0db4f62e5/FairfaxMortgageInves/9e54081039/TEST/c0db4f62e5"><em><b><span style="color: blue; font-family: "Verdana","sans-serif";">Paradigm Shift</span></b></em></a><em><span style="font-family: "Verdana","sans-serif";">” with providing how RATES are
shared as your partner today and tomorrow – best if opened on Laptop ,
if smartphone you can get my FREE APP called Mortgage Coach.</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Regards,
</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Steve Morgan</span></em><br />
<em><span style="font-family: "Verdana","sans-serif";">“Life is Better at the
Beach”</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Cell 443.226.5297</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Fairfax Mortgage
Investment, Inc</span></em><br />
<em><span style="font-family: "Verdana","sans-serif";">34026 Coastal Highway</span></em><br />
<em><span style="font-family: "Verdana","sans-serif";">Bethany Beach, De. 19930</span></em><br />
<br />
<em><span style="font-family: "Verdana","sans-serif";">Office 302.541.5363</span></em><br />
<em><span style="font-family: "Verdana","sans-serif";">eFax 302.261.0261</span></em><br />
<br />
<a href="http://cts.vresp.com/c/?FairfaxMortgageInves/9e54081039/TEST/6ac1cd6940/utm_content=steve@steve-morgan.com&utm_source=VerticalResponse&utm_medium=Email&utm_term=www%2Ebethanybeachlender%2Ecom&utm_campaign=par%C2%B7a%C2%B7digm%20shift"><em><span style="color: blue; font-family: "Verdana","sans-serif";">www.bethanybeachlender.com</span></em></a><o:p></o:p></span></div>
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Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-5328627522371200772015-01-18T15:30:00.001-05:002015-01-18T15:30:21.201-05:00Surfing and lightning in JanuaryUnbelievable caught my son in the middle of a wave with the slow-motion iPhone 6 clip check it out. <div><br></div><div>Amazing were surfing in this weather second even more Anazing that the waves are awesome. Seeing Lightning and catching it on video clip priceless. </div><div><br></div><div><span style="-webkit-text-size-adjust: auto; background-color: rgba(255, 255, 255, 0);">http://www.youtube.com/watch?v=kR75csMwpPI<div class="separator" style="clear: both;"><br></div><div class="separator" style="clear: both;"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVDs4Ddh-WxpmOJA4BVtIp7tX8rm5ggLCb-gPtjAhmr9UvZEFPnu6c3v5E-YoIvBRtl0M0xqOPQIuB4uyJR7b3RjpoO5d0vfx4mdDJFLditEWRbqSI-P42RFTvsekeo3jJTrHRUWwVQUk/s640/blogger-image-1999457740.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVDs4Ddh-WxpmOJA4BVtIp7tX8rm5ggLCb-gPtjAhmr9UvZEFPnu6c3v5E-YoIvBRtl0M0xqOPQIuB4uyJR7b3RjpoO5d0vfx4mdDJFLditEWRbqSI-P42RFTvsekeo3jJTrHRUWwVQUk/s640/blogger-image-1999457740.jpg"></a></div><br></div></span></div>Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-35803065107521775022014-11-06T10:00:00.000-05:002014-11-06T10:00:01.004-05:00Should you Refinance your Mortgage Plan<div dir="ltr" style="text-align: left;" trbidi="on">
If you have decided to refinance your Bethany beach mortgage plan, you may find in Steve Morgan, a reliable Bethany beach lender. This is the best time for refinancing mortgage plan with housing market looking favorable for home buyers. Increasingly more people are now investing in real estate with lower interest rate on mortgages. <br />
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<b>Deciding on refinancing </b><br />
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You will end up saving significantly with a reduction in your mortgage interest rate provided they are not clubbed with overwhelming charges and fees. So, you need to be careful with the math. Fees are a part of mortgage broker services. In addition, some other costs include home appraisal, insurance and credit reports. To get a sense of the actual cost, begin with a good faith estimate that shows projected cost with loans. The loan officer should be able to inform you about the total monthly payment for you post-refinancing. As a general rule of thumb, you should be able to shave-off about 1.5 to 2 percentage points for refinancing to be favorable to you.<br />
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The rate you get should be low enough. You must have a proof of income and the ability to invest 20 percent equity. However, some lenders may require 30 percent equity for jumbo loans. When deciding on refinance do your math carefully and determine when you will break even. Explore different options with different lenders. <br />
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The current days is the best time for mortgage refinance with interest rate pendulum swinging in favor of homeowners. The location like Bethany beach is top in demand, where you will have access to the top notch home lenders including Steve Morgan. However, to get the best choice you need to do some math and shop around for favorable rate. </div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0tag:blogger.com,1999:blog-5108325736121967315.post-34595240601770484652014-10-30T10:00:00.000-04:002014-11-06T08:38:52.177-05:00Heading Towards Retirement? Buy a Second Home!<div dir="ltr" style="text-align: left;" trbidi="on">
The majority of people heading towards retirement prefer to buy a second home in calm and serene places such as Bethany beach, Ocean city, and Panama City beach. Financial experts suggest buying a second home 5 to 10 years before you retire. So, you might want to look at your options for investing if you plan on retiring in the next decade or so.<br />
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<b>What do you gain?</b><br />
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One of the benefits of buying a second home well before your retirement is its ability to generate rental income. If you plan to move into your vacation home once you retire, passive income generated from renting it will certainly be useful. Another benefit is that you get to live in a calm place which will keep you healthy.<br />
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If you are planning to buy a second home in Bethany beach, mortgage lenders like Steve Morgan can help you to qualify for a second home loan even under stringent regulations. They usually suggest you to make a down payment greater than 20 percent of the price. This significantly slumps down the monthly payment for vacation home and easily allows you to qualify for the mortgage.<br />
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If you feel that investing in a vacation home is what you need and afford right now, then by all means do. Having a home where you can spend your post-retirement days in peace is a dream for many and truth for a select few.</div>
Anonymoushttp://www.blogger.com/profile/08067512308494569789noreply@blogger.com0