Let's Talk About It

Fannie, Freddie and Mortgage Interest Rates...Get Off The Fence, Buy Now
September 8th, 2008 9:29 PM

Since the intervention of the Feds into Fannie and Freddie's business, mortgage interest rates have taken a dive.

If anyone is on the fence now, they are not serious buyers. Plenty of inventory and LOW interest rates along with somewhat less restrictive requirements to qualify.


Posted by Gary Morris on September 8th, 2008 9:29 PMPost a Comment (0)

Buyers Market...Get Off the Fence
September 27th, 2008 9:21 PM

I am working with several buyers right now, two have made offers recently on bank owned properties only to find out that there was slightly better offers made a few hours before ours. We will eventually be in the right place at the right time.

With this said, if you are thinking of buying a home soon, don't hesitate when you find the one that feels right. Don't "think about it overnight", just do it.

With the feds financial workout plan being constructed, I look for a rush of buyers very soon. Lenders will be wanting business as soon as the bad paper is off the banks books.

Get out there now and find what you want before somebody beats you to it. Call or email me with any questions or to get started.


Posted by Gary Morris on September 27th, 2008 9:21 PMPost a Comment (0)

Great deals, new and existing homes
September 20th, 2008 9:30 PM
Buy any move-in ready Centex home with me from now until September 30, close on your new home and receive a $2,000 rebate from Valenti Real Estate after closing.*

Buy one of the last two new, low maintenance homes available in Chapelwood Glenn with me and receive a $1,500 rebate after closing.*

Buy any other builder's move-in ready home and receive a $1,000 rebate after closing.*

CP Morgan is still guaranteeing no money down on selected homes in a few of their developments.

Contact me and ask about rebates I am offering on existing homes.*

Combine any incentives a builder is offering, my rebate, the $7,500 first time buyer tax credit and very favorable mortgage interest rates and you have no reason not to purchase a new home now.

*To qualify for any rebate, I must accompany you to the builder's sales office and register with them. The rebate will be sent directly to the buyer after the transaction is successfully closed. This rebate is from Valenti Real Estate Services, Inc. and has no affect on the negotiated sales price of the home with the builder/developer.


Posted by Gary Morris on September 20th, 2008 9:30 PMPost a Comment (0)

The Front Fell Off
September 10th, 2008 4:09 PM

Someone sent me this video clip. I usually don't pass this stuff around, but this one is just way too funny not to.

Enjoy.

 


Posted by Gary Morris on September 10th, 2008 4:09 PMPost a Comment (0)

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