FHA Loan

Want to know when’s the best time to buy a home in California? Here’s why 2012 is the best time to buy a house in San Jose or the bay area. Right before the new year, President Obama signed HR3630, the payroll reduction tax cut bill. The new law will ensure that millions of American’s won’t see a reduction in their paychecks, the jobless won’t see an interruption in their unemployment checks, and medicare doctors will continue to get paid….for the next 2 months. Hey 2012 is beginning to look better already, right? Wrong!
This is all being funded on the backs of the real estate industry. For the next 10 years, new mortgages through Fannie Mae and Freddie Mac will be effected by having an additional 10 “basis points” or the equivilent to an extra $17 per month on a $200k loan, added to them to fund our government’s overspending. Yes you heard right, the agencies that received over 150 billion in bailout money and are still in trouble, are being asked to collect money to pay off this 2 month band-aid. Higher interest rates are coming, so it might be wise to take advantage of these low interest rates you see on your screen. Cause we all know, for the economy to recover, real estate must recover, but the fed seems to keep building barriers to that recovery. Happy New Year from your good old Uncle Sam.

Actor Wesley Snipes already serving 3 years in the big house for tax evasion is now in trouble again. Snipes is being sued by American Express claiming he never paid his credit card bill. Apparently he owes $29k, or the equivilent of the gross of his 2005 movie The Marksman. Yeah, I know he knows karate, but he’s not going anywhere for another year and half. That’s plenty of time for me to move.

According to CNN Money, one in five baby boomer couples have helped their children buy their first home, and more than 68% surveyed expect to provide down payment assistance to their children or grandchildren in the future to help them buy their first home. FHA mortgages are perfect if you are a parent who wants to help their college student or young adult a small condo or their first home. Guidelines allow for the 3.5% downpayment to come in the form of a gift from parents, and with the ability for closing costs to be paid by the seller and or the bank, 2012 may be the best time to buy a first home. Who’s the next person that comes to mind right now that is ready to get their adult children out of their house and into their own? Please forward this video to them, and if you are checking us out for the first time, go ahead and hit the subscribe button and leave us a comment below.

There will be a Free First Time Home Buying Seminar on January 14, 2012 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM. The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania. The seminar will cover FHA Loans, VA Loans, USDA Rural Housing Loans, FHA 203k Loans, and conventioanl financing. We will cover first time home buyer programs that are available. The seminar will walk you thru the whole process from budgeting, to credit, to pre-approval, all the way to shopping for a home. Each participate will receive a Free Credit Scoring Handbook, Free Home Buying Handbook, Free Budgeting Worksheet, and the oppurtunity to get a copy of your credit report and be pre-approved for a loan.

It is free to register for the seminar and you can register by calling 302-703-0727 or by sending an e-mail to Delawaremortgages@yahoo.com. You can also register online by clicking one of the link below:

Delaware Home Buyer Seminars

The address of the seminar is The Christiana Hilton Hotel, 100 Continental Drive, Newark, DE 19713. Two session to choose from 10 AM till noon or 1 PM till 3 PM. You can visit Delaware Home Buyer Seminars for more information or for other seminars.

The seminar is being presented by the author of the new book, Your Guide to Buying Your First Home in Delaware.

If you feel like you won’t qualify for any reason, then don’t worry you can get signed up in our Free Get Mortgage Ready Program, which is a step by step program to help you budget, clean up your credit, and get your ready to buy a home.

If you would like to apply for a pre-approval to buy a home you can apply here.

John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage

NMLS – 38783

302-703-0727 DE Office

248 E Chestnuthill Rd, Newark, DE 19713

www.DelawareMortgageLoans.net

http://www.prmidelaware.com/

There will be a Free First Time Home Buying Seminar on December 17, 2011 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM. The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania. The seminar will cover FHA Loans, VA Loans, USDA Rural Housing Loans, FHA 203k Loans, and conventioanl financing. We will cover first time home buyer programs that are available. The seminar will walk you thru the whole process from budgeting, to credit, to pre-approval, all the way to shopping for a home. Each participate will receive a Free Credit Scoring Handbook, Free Home Buying Handbook, Free Budgeting Worksheet, and the oppurtunity to get a copy of your credit report and be pre-approved for a loan.

It is free to register for the seminar and you can register by calling 302-703-0727 or by sending an e-mail to Delawaremortgages@yahoo.com. You can also register online by clicking one of the link below:

Delaware Home Buyer Seminars

The address of the seminar is The Christiana Hilton Hotel, 100 Continental Drive, Newark, DE 19713. Two session to choose from 10 AM till noon or 1 PM till 3 PM. You can visit Delaware Home Buyer Seminars for more information or for other seminars.

The seminar is being presented by the author of the new book, Your Guide to Buying Your First Home in Delaware.

If you feel like you won’t qualify for any reason, then don’t worry you can get signed up in our Free Get Mortgage Ready Program, which is a step by step program to help you budget, clean up your credit, and get your ready to buy a home.

If you would like to apply for a pre-approval to buy a home you can apply here.

John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage

NMLS – 38783

302-703-0727 DE Office

248 E Chestnuthill Rd, Newark, DE 19713

www.DelawareMortgageLoans.net

http://www.prmidelaware.com/

There will be a Free First Time Home Buying Seminar on November 19, 2011 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM. The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania. The seminar will cover FHA Loans, VA Loans, USDA Rural Housing Loans, FHA 203k Loans, and conventioanl financing. We will cover first time home buyer programs that are available. The seminar will walk you thru the whole process from budgeting, to credit, to pre-approval, all the way to shopping for a home. Each participate will receive a Free Credit Scoring Handbook, Free Home Buying Handbook, Free Budgeting Worksheet, and the oppurtunity to get a copy of your credit report and be pre-approved for a loan.

It is free to register for the seminar and you can register by calling 302-703-0727 or by sending an e-mail to Delawaremortgages@yahoo.com. You can also register online by clicking one of the link below:

Delaware Home Buyer Seminars

The address of the seminar is The Christiana Hilton Hotel, 100 Continental Drive, Newark, DE 19713. Two session to choose from 10 AM till noon or 1 PM till 3 PM. You can visit Delaware Home Buyer Seminars for more information or for other seminars.

The seminar is being presented by the author of the new book, Your Guide to Buying Your First Home in Delaware.

If you feel like you won’t qualify for any reason, then don’t worry you can get signed up in our Free Get Mortgage Ready Program, which is a step by step program to help you budget, clean up your credit, and get your ready to buy a home.

If you would like to apply for a pre-approval to buy a home you can apply here.

John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage

NMLS – 38783

302-703-0727 DE Office

248 E Chestnuthill Rd, Newark, DE 19713

www.DelawareMortgageLoans.net

http://www.prmidelaware.com/