Tuesday, August 17, 2010
Monday, August 16, 2010
Know Your Options To Avoid Foreclosure...You Are Not Alone.
At Century 21 Award we understand how the economy has impacted some of our neighbors in relation to their homes. If you are experiencing difficulty in making your monthly mortgage payment or foresee in the near future a problem, I might be able to help. Despite what you might be hearing from the media, friends or co-workers, there are alternatives to losing your home.
I'm a Certified Short Sale & Foreclosure Resource professional from Century 21 Award, and have been helping owners and prospective homeowners in our communities. I began helping families facing foreclosure, become aware of all the options available for retaining their home or receiving fair market value, and purchasing 2 years later.
New Government Programs - Alternative Options
HAP Home Affordable Program (military only)
HARP Home Affordable Refinance Plan
HAMP Home Affordable Modification Program
HAFA Home Affordable Foreclosure Alternative
Don’t lose your home and/or the equity you’ve worked so hard to build up just because you’re too embarrassed to get advice. We have helped people in your situation, and we can help you too. Please give me a call at 619-417-5645 Let me remove this burden from you.
I'm offering a free and private consultation to review your options. I'll provide you with the information you need, so you can make the best possible decision for you and your family. It’s nothing to be ashamed of millions of homeowners are facing the exact same situation.
NO OBLIGATION - FREE CONSULTATION.
I'm a Certified Short Sale & Foreclosure Resource professional from Century 21 Award, and have been helping owners and prospective homeowners in our communities. I began helping families facing foreclosure, become aware of all the options available for retaining their home or receiving fair market value, and purchasing 2 years later.
New Government Programs - Alternative Options
HAP Home Affordable Program (military only)
HARP Home Affordable Refinance Plan
HAMP Home Affordable Modification Program
HAFA Home Affordable Foreclosure Alternative
Don’t lose your home and/or the equity you’ve worked so hard to build up just because you’re too embarrassed to get advice. We have helped people in your situation, and we can help you too. Please give me a call at 619-417-5645 Let me remove this burden from you.
I'm offering a free and private consultation to review your options. I'll provide you with the information you need, so you can make the best possible decision for you and your family. It’s nothing to be ashamed of millions of homeowners are facing the exact same situation.
NO OBLIGATION - FREE CONSULTATION.
Sunday, May 30, 2010
Smooth sailing...or is there another swell looming ahead??
The housing market is facing more and more homeowners who are 90+ days delinquent but have yet to lose their homes, this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.
Approximately 7 million properties could be heading for foreclosure. Some economists think it could take almost three years before all these homes have been put on the market and purchased by new owners. The number of pending foreclosures could grow much bigger over the coming year as more distressed borrowers become delinquent and then if they can't get a loan modification, go through the foreclosure process, which can take up to a year to complete. When these foreclosed properties add to the supply of homes for sale, they could add to a decline in housing prices, which have increased slightly through April. That rise was partly because of the tightened flow of foreclosed homes into the market and the $8000 First Time Buyer Tax Credit. Perfect example of supply and demand, a lot of buyers and not enough inventory.
The rate of seized properties, for example, peaked in the middle of 2008 and fell steadily last year, but the banks expect foreclosures to increase this year, nearly doubling to 45,000 by the fourth quarter.
So the positive housing data may not be signaling a true bottom, as many servicers are holding back on foreclosures and the distressed houses are not yet being offered for sale. It could take almost 3 years to clear the backlog.
While banks foreclosed on fewer homes in February than a month earlier, borrowers continued to fall behind on their payments, adding to the inventory of properties headed toward foreclosure that have yet to be put on the market.
The shadow inventory reflects the increasing lag between defaults and foreclosures. Many lenders are struggling to keep up with the overwhelming number of borrowers who aren't making their payments, they're hesitant to rush in and foreclose, which would mean adding more homes onto the market, bringing prices into decline once again.
If you or anyone you know, would like to avoid foreclosure and know your options, please feel free to contact me.
Approximately 7 million properties could be heading for foreclosure. Some economists think it could take almost three years before all these homes have been put on the market and purchased by new owners. The number of pending foreclosures could grow much bigger over the coming year as more distressed borrowers become delinquent and then if they can't get a loan modification, go through the foreclosure process, which can take up to a year to complete. When these foreclosed properties add to the supply of homes for sale, they could add to a decline in housing prices, which have increased slightly through April. That rise was partly because of the tightened flow of foreclosed homes into the market and the $8000 First Time Buyer Tax Credit. Perfect example of supply and demand, a lot of buyers and not enough inventory.
The rate of seized properties, for example, peaked in the middle of 2008 and fell steadily last year, but the banks expect foreclosures to increase this year, nearly doubling to 45,000 by the fourth quarter.
So the positive housing data may not be signaling a true bottom, as many servicers are holding back on foreclosures and the distressed houses are not yet being offered for sale. It could take almost 3 years to clear the backlog.
While banks foreclosed on fewer homes in February than a month earlier, borrowers continued to fall behind on their payments, adding to the inventory of properties headed toward foreclosure that have yet to be put on the market.
The shadow inventory reflects the increasing lag between defaults and foreclosures. Many lenders are struggling to keep up with the overwhelming number of borrowers who aren't making their payments, they're hesitant to rush in and foreclose, which would mean adding more homes onto the market, bringing prices into decline once again.
If you or anyone you know, would like to avoid foreclosure and know your options, please feel free to contact me.
Thursday, May 13, 2010
Get Your "Crunk On" Starbucks Happy Hour
The days are warming up and the deals are getting better. We need something to help stretch out our dollars a little more these days!
Go to a participating Starbucks between 3 and 5 p.m., and enjoy a half-price Frappuccino® blended beverage.
Feel like getting a head start on happiness? You can create your own favorite Frappuccino® blended beverage right here. Share it with your friends and invite them to meet you. Starbucks is celebrating Happy Hour from now until May 16th.
One per customer, U.S. & Canada stores only. Void where prohibited. Cannot be combined with other offers or discounts.
Or try the Totally Target website. http://www.totallytarget.com/
The deals on here are some of the best. Target lets you use their coupons along with the manufacturer's. Some items are FREE! Especially the items you purchase that have a $5.00 Gift Card along with the purchase.
You can check out the Crazy Koupon Lady as well
So let's stretch those dollars thru the summer and have some fun!
Go to a participating Starbucks between 3 and 5 p.m., and enjoy a half-price Frappuccino® blended beverage.
Feel like getting a head start on happiness? You can create your own favorite Frappuccino® blended beverage right here. Share it with your friends and invite them to meet you. Starbucks is celebrating Happy Hour from now until May 16th.
One per customer, U.S. & Canada stores only. Void where prohibited. Cannot be combined with other offers or discounts.
Or try the Totally Target website. http://www.totallytarget.com/
The deals on here are some of the best. Target lets you use their coupons along with the manufacturer's. Some items are FREE! Especially the items you purchase that have a $5.00 Gift Card along with the purchase.
You can check out the Crazy Koupon Lady as well
So let's stretch those dollars thru the summer and have some fun!
Sunday, February 14, 2010
Great News...5% Conventional Loans Are Back!
That is great news. 5% conventional loans are back! Greenpath Funding is an affiliate of Wells Fargo Home Mortgage. I'm happy to announce we now have Greenpath Funding in our office at CENTURY 21 Award. I work in the Chula Vista - Eastlake office. That means you can arrange for your appointment with myself and John Sagredo, our Home Mortgage Consultant. John has such a great rapport with our clients, willing to go that extra mile. If he can help you improve your credit score he will!
In today's market, you have a better chance of getting your offer accepted with a conventional loan vs FHA. The required credit scores are a little higher, excellent for those with great credit but not enough savings for a 10-20% down payment. Something you might want to learn more about and see if you qualify. It increases your odds when the offer you've submitted is being reviewed.
Please give me a call and let's get you into that new home before the $8,000 First Time Buyer
Credit or "Move-Up"Credit for $6,500 has expired.
Terry L Bursky
REALTOR
619.417.5645
In today's market, you have a better chance of getting your offer accepted with a conventional loan vs FHA. The required credit scores are a little higher, excellent for those with great credit but not enough savings for a 10-20% down payment. Something you might want to learn more about and see if you qualify. It increases your odds when the offer you've submitted is being reviewed.
Please give me a call and let's get you into that new home before the $8,000 First Time Buyer
Credit or "Move-Up"Credit for $6,500 has expired.
Terry L Bursky
REALTOR
619.417.5645
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