Hud Homes for $100 Down!

Are you aware that you can purchase a HUD property for $100 down?  Contact me to learn more about this fantastic opportunity!

April is New Homes Month!

Spring is the busiest time of the year for the home building industry.  April is the month when builders usually offer the best incentives to home buyers purchasing a new home in their community.

In Atlanta, we’re already seeing the startup of new construction.  With low interest rates, there has never been a better time to buy!  Take advantage of the builder incentives along with the many other incentives being offered through the economic stimulous plan.

The weather is beautiful and spring is in the air.  Get out there and start shopping for your dream home today!

Term of the day – Acceleration Clause

Acceleration Clause – Condition in a mortgage that may require the balance of the loan to become due immediately, if regular mortgage payments are not made or for breach of other conditions of the mortgage.

God is Love

God loves us simply because He is love!  It’s only through a personal encounter with God that we can experience true unconditional love.  We must understand and remember that God does not love us because we are so lovable or that we deserve to be loved.  God sent His only Son to take away our sins.  That is real love!  He now reaches down into our sin-filled lives with His unconditional love and draws us to Himself.  He tears down our guilt and strips away our shame and loves us just the way we are and simply because He is love.

“But anyone who does not love…does not know God — for God is love.  God showed how much he loved us by sending his only Son into the world so that we might have eternal life through him.  This is real love.  It is not that we loved God, but that he loved us and sent his Son as a sacrifice to take away our sins.”  (1 John 4:8-10 NLT)

Easter Sunday

What a wonderful spring day today!  I’m sure the sun must have been shining just as brightlyand the birds singing just as beautifully as they did the day Jesus rose from the grave!  Oh grave where’s thy victory?  Death where’s thy sting? 

Today is not about Easter bunnies and colored eggs….today is the day to celebrate the resurrection of our Lord & Savior….Jesus Christ!

Term of the day….Default

Default – Failure to make mortgage payments as agreed to in a commitment based on the terms and at the designated time set forth in the mortgage or deed of trust. It is the mortgagor’s responsibility to remember the due date and send the payment prior to the due date, not after. Generally, thirty days after the due date if payment is not received, the mortgage is in default. In the event of default, the mortgage may give the lender the right to accelerate payments, take possession and receive rents, and start foreclosure. Defaults may also come about by the failure to observe other conditions in the mortgage or deed of trust.

Term of the Day…..Foreclosure

Foreclosure – A legal term applied to any of the various methods of enforcing payment of the debt secured by a mortgage, or deed of trust, by taking and selling the mortgaged property, and depriving the mortgagor of possession.

Avoid Foreclosure – Tip #1

If you are having difficulty paying your mortgage on time, it’s important to act now before things get so bad that you are facing foreclosure. Your first step is to call your lender.  Believe it or not….your lender is your biggest ally if you encounter difficulty paying your mortgage on time!  Call them as soon as you know you are having problems. Do NOT wait!

Your lender or servicer has a number of options to help you stay in or sell your home. These options include forbearance, repayment plans and loan modification – as well as relief under the new Federal housing plan. You can typically find their contact information on your mortgage statement or coupon book.

Snow for Spring Break?

Spring break is here and you’re not sure whether to pack a bikini or snow shoes!  With teenagers…they really don’t care..as long as they don’t have to get up early this week!  We’ve got one at the beach and one at home praying for snow.  The good thing is….they’re catching up on their beauty sleep.

I want to shout out a big congratulations to Jessica and her high school tennis team for winning 1st Place in the county tournament!  You guys did an awesome job this year!  I’m so proud of you.

And, congratulations to Jeni for making the 2009 -2010 cheerleading squad (again).  Way to go Jeni!  Hoo-rah!

NOW is the right time to buy a home!

For first-time home buyers, now is the time to buy!  Not only are home prices lower than they have been in the last five years, mortgage interest rates are near historical lows.  Your parents and your grandparents couldn’t have secured a mortgage at a lower rate than you could’ve in the last month. 

Go to www.bankrate.com to view the latest mortgage interest rates.  Of course, yours could vary depending on your debt-income ratios, credit scores, etc. 

Our government, as part of the economic stimulous plan, is offering first-time buyers (or anyone who hasn’t owned a home in the last three years) a temporary tax credit of up to $8,000 that doesn’t have to be paid back. In addition, if you purchase a home in 2009 and you’ve already filed your taxes, you can amend your 2008 tax return to recapture the credit this year!  This means you don’t have to wait until next year to file in order to get your money. 

Now, ask yourself this question “Is now the right time to buy a home?”  I sure think so!

Contact me now to find out how you might be able to benefit from the best home buying environment in years.