Tuesday, March 30, 2010
We at Charleston Homes want to personally thank you for helping to make us a success! It’s our third anniversary on April 1, and, naturally, we wanted to celebrate a bit by giving you evidence of the success you helped to create:
• To date, we’ve doubled our sales each year!
• In 2009, we sold 81 homes and closed on 64!
• We have a new corporate office, more staff, and more streamlined processes!
And – you know what? – we did it all in one of the worst economies since the Great Depression! And we couldn’t have done it without you – our customers. You’re our most valuable asset, and we just wanted to let you know that we appreciate you every day!
Come visit our 7 models and see why Charleston Homes should be your next home! Or give us a call at 402–502–5600 or 402-934-2212!
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Sunday, March 14, 2010
Monday, March 1, 2010
A special thanks to Mellody Fairbanks of The Fairbanks Team for this interview. Mellody is one of the premier loan officers in the Omaha area, and she has a ton of valuable experience.
She and I agree that there are three extremely important areas that you, as a home buyer, need to know about when financing a new home. Why? Because those areas will definitely cost you money unless you act now! Let me explain each of those areas so you can understand exactly how they’ll affect you.
Area 1: Interest Rates
Although it may not seem like it, interest rates have been extremely low over the past year or so. One reason they’ve been low is that the federal government bought over a trillion dollars of mortgage-backed securities to stabilize the housing market.
But, that program ends March 31! And that means there won’t be as much money out there after that time. As a result, it’s likely that interest rates will go up.
So, for example, let’s assume you’re looking at a $200,000 Charleston Home with a 5% interest rate on the mortgage loan.If that interest rate rises to 6% after March 31, then you’ll be paying about an extra $125 per month. Over the life of a 30-year mortgage, that adds up to…well, you don’t need to do the math to realize that’s a lot of money!
The net result is that you won’t be able to get as much house as you wanted! So, our recommendation – act now and save a bundle to get the home you really want!
Area 2: Loan Process Changes
Over the past year or so, there have been around 300 changes in the loan application process as the federal government has tightened its rules and regulations to protect consumers and the market. Everything must now be fully documented. Be aware that there’s plenty of money out there; you just need a loan professional like Mellody to coach you through a slightly more complicated process. Net result – deal with a preferred lender to save time and stress! Mellody or other Omaha loan professionals will make your experience a smooth and enjoyable one!
Area 3: Credit Score
As part of the fed’s tightening of the mortgage market, they’ve required that credit scores be raised in order for home buyers to qualify for a loan. My recommendation is to work with a preferred lender upfront to review your credit report.
Because sometimes there are blemishes on the report that can hurt your score. Hey, it happens to the best of people! All you need to do is work with a lender to get pre-approved upfront. He or she can coach you to get rid of those errors so you can raise your score and get the home you always wanted and deserve!
So, don’t delay! Call us right now at 402-502-5600: Mellody and I would love to talk to you!
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