There is nothing I like to do in this world than to be with my grandkids and mess around. I also love my job in helping and advising folks on the purchase or sale of their home. I have been doing it for over 35 years. There is something about watching the excitement in the eyes of the first time home buyer or the satisfaction from a senior citizen (me by the way) when he or she is able to move on, supplement their nest egg and enjoy a nice retirement.
Well, I don’t plan on retiring anytime soon. I like working. Besides, I am not a big hobby guy. I am sure my wife Gloria would get tired of me real fast following her around like some puppy dog while she does her thing with her girlfriends. Forget it.
I gladly prognosticate on the future of the real estate market. What are you waiting for? If you are a buyer, rates are still low. Under 5%. Prices are still reasonable. But they are starting to creep up. Mortgage lenders are aggressively going after FHA and 5% down buyers. Foreclosures are down and a lot of folks are pulling out of their underwater status. And they have to sell.
Now all this doesn’t mean we will have the free for all that we had in the early 2000’s when you didn’t even need a job to get a loan. Thank goodness those days are over. But don’t let those that have a home and are not in my business given you a bunch of baloney that you need an 800 credit score to get a loan. Did you know that you get a new FHA home loan if you filed for Bankruptcy and have been discharged for at least 2 years, and of course if you have been paying your bills on time since then.
Did you know that as a Veteran, you don’t even need a down payment and you can have the owner of the home pay for all of your closing costs. There are also 100% loans available through the USDA , that would be the United States Department of Agriculture. They are loans that are available for single family homes in designated rural areas.
This is for real. Give me a call at 6107372310 or email me at samruta@yahoo.com to discuss some real possibilities. I’m not kidding.