WHERE HAVE YOU BEEN ?

4:30 P.M. - Wednesday 1, Oct, 2008: When you can't count on the market, Politicians, various forms of media who can you trust to make sense of this changing market?, you're Realtor of course. It's a good time to buy-buy-buy! Find a Realtor you can trust to tell you what's really going on in this market. We will give you a market analysis based on facts and not hype. So get a referral from your friend, check the internet or whatever means you use, but find a Realtor soon......you'll be glad you did!


View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website@ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

ARE YOU READY?

August 9 - 6:00 am: As you are aware of we are close if not in some type of recession. Those of us of age can remember the 1980's but, if you're prepared you can make a sound investment in this market. Here are just a few steps to get you on your way to home ownership:

1. Know yourself....are you ready to purchase?

2. Find a Realtor....do they have integrity and can you trust them?

3. Find a lender...use the company you bank with for pre-approval.

4. Start viewing homes....but don't go overboard.

5. Make a decision....choose the home you want within reason.

6. Secure your funding....using the same company you bank with, get a commitment letter.

7. Make your offer......it's time to deal and are you ready?

8. Insurance anyone.......review title, homeowners, flood and home warranties.

9. Closing....coming together to settle the deal.

10. Takeaway...Its your home and have fun!

Have a wonderful and productive day!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website@ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

Short Sale......Who Needs A Short Sale!

It's 9:10 PM: You're a First Time Buyer, pre-qualified and have chosen your Realtor..hopefully me in this market, and you know the type of home you want. You've done your research and the motto is " get the most for the least", you know where you want to live, which metro line you want access too and you have the patience of Job because you know it's a buyers market. You ask yourself the question how long should I wait to purchase and will I get a good deal? If you have the time a short sale purchase will work for you. Be prepared to wait - wait - wait and more waiting. If you have time on your hands let's say a minimum of 3 months the rewards could be great.

You may be able to purchase the property percentages below market value and net a great deal with equity built in. Imagine, by showing a little patience, sticking to your motto " getting the most for the least" and being reminded short sale, short sale who needs a short sale?, the answer will be we all do!

If you have additional financial questions contact our lender Troy Hine via email: hinet@prefmtg.com or phone: 703.850.4227, you'll be glad you did!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website @ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

It's All About The Market!

2/28/08@ 10:57 AM:

It's All About the Market
Market conditions play a huge part in any decision about when to buy. Market values vary from region to region. Some regions i.e., Florida, have experienced growth in home values, however regions like Ohio and Michigan have seen a steady decline in jobs - taxes - home purchases - social services.

So if you are in a region where the market has peaked or is softening here are a couple of suggestions to help you along the way:

1. Consult a Realtor.
2. Consult a CPA.
3. Consult a Lawyer.

If you have additional financial questions contact our lender Troy Hine via email: hinet@prefmtg.com or phone: 703.850.4227, you'll be glad you did!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website @ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

Help Is On The Way

2/16/08@ 1:47 AM:

Borrowers all over the country are wondering how-or if-they're eligible for any relief under the plans set fourth by President Bush's "Hope Now initiative." The voluntary plan includes: lenders-loan servicers-mortgage investors; providing assistance for borrowers who face default when their subprime adjustable-rate mortgage resets at a higher rate within a few years. Depending on your particular situation different solutions are available and by calling the national counseling number, 1.888.995.4673(HOPE), available 24/7, a HUD approved counselor will provide you assistance.
Source: Realtor.org

If you have additional financial questions contact our lender Troy Hine via email: hinet@prefmtg.com or phone: 703.850.4227, you'll be glad you did!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website @ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

ASK THE LENDER series - pt 2

It's 1/25/08 @ 12:18 PM:
Property values have fallen, taxes are higher and persons are living pay check to pay check. Savings are at a low and as that saying goes "the rich are getting richer and the poor are getting poorer." With that being said how can I purchase a home? Is it a good time to buy? The answer is yes - yes - yes! And since you've decided to buy your home here are a few more questions to ask your lender.

1. What are the lender charges?
a. Document preparation fee?
b. Underwriter service fee?
c. Tax service fee?

2. Is there an approval letter of a commitment letter?
a. An approval letter doesn't guarantee funding.

3. What are the commitment letter conditions?
a Conditions allow funding or non funding if the conditions are not met within a time frame.

4. When does the lender fund?
a. The lender might give the loan commitment and not send the monies to settlement in time especially if you have a out of state lender.

If you have additional financial questions contact our lender Troy Hine via email: hinet@prefmtg.com or phone: 703.850.4227, you'll be glad you did!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website @ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009

ASK THE LENDER series - pt 1

It's 1:30 P.M on 1/6/08: Happy New Year! 2007 is gone gone gone..2008 is here-and-now. Your New Years' resolution says "I'm going to purchase a home this year." Now is the time and the market is positioned correctly for anyone who's qualified for a home loan to own one. So what's the next step you ask? Financing, how and who will fund your loan? Well here are a few questions you should ask your lender.

1. Does the lender service the loan?

a. A buyer might start with one lender and find out after settlement and prior to making your first payment the loan was sold and another mortgage/bank company owns your loan.

2. Is there a loan origination fee?

a. The loan origination fee is a percentage based on the sales price of the home.

3. Are there discount points?

a. A discount point is charged as a percentage of the loan amount and payable at settlement time.

4. What is the interest rate?

a. Is the interest rate locked (goes up or goes down) for a time frame?

Stay tuned for more questions to ask your lender.

If you have additional questions contact our lender Troy Hine via email: hinet@prefmtg.com or phone: 703.850.4227, you'll be glad you did!

View Coldwell Banker informational videos: http://coldwellbanker.feedroom.com/

For more information view my website @ www.cbmove.com/tracy.martin

Please view my You Tube posting@ http://www.youtube.com/user/tmartin2009