by Jon Terry | Aug 22, 2011 | Blog, Buying A Home, Foreclosure, Investors, Mortgages, Residential Real Estate, Selling a Home, Short Sale
As part of our series on Short Sales, we posed some questions to the Linked In community and I thought the questions and answers were worth sharing. As we have discussed, short sales can be a positive solution by helping one avoid foreclosure. Owners facing...
by Jon Terry | Feb 1, 2011 | Blog, Buying A Home, Home Owner Energy Tips, Mortgages
One way to raise the value of your property and lower your utility bills is to apply for an FHA Energy Efficient Mortgage (FHA EEM). These mortgages are federally recognized and available in all states. FHA Energy Efficient Mortgages provide the means to upgrade the...
by Jon Terry | Jan 4, 2011 | Blog, Buying A Home, Mortgages
Most mortgage products are fairly plain, simple, and straight forward. However, there are a few programs that may help you get a loan approved, make your purchase more affordable monthly, and/or lessen your need for a large down-payment – if you meet the...
by Jon Terry | Dec 9, 2010 | Blog, Buying A Home, Mortgages
Myth 1: I shouldn’t buy until the real estate market has hit the very “bottom.” Answer: It is impossible to sharp shoot the “bottom” of any market. Just as the “top” of a market is identified after the “bubble” has...
by Jon Terry | Nov 4, 2010 | Blog, Mortgages, Selling a Home
Long term mortgage interest rates are at levels that have not been seen in more than 50 years. Here are two questions that I am currently being asked frequently: 1. Is refinancing into a 15-year loan a better choice than refinancing into a 30- year loan? 2. ...