Buyers get ready to rumble

New Grant Program to help Buyers with mortgage Assistance

2007-09-10T17:54:00.000-07:00

For those that are thinking of buying a home can now get a grant that allows you monthly mortgage assistance (MMAP) through a non-government affiliated agency. This is a very creative solution to recent challenges in credit crunch and mortgage lending downfall. The program calls for easy qualification, and supports buyers with an opportunity to manage their budget for 24 months. In addition, the best part of this program is that it does not encumber your property with a lien or has any restriction on refinaces or even selling.

The program is also very attractive to sellers who may want to use this grant attached to their home when selling to attract more buyers and sell quickly. Sellers that I have talked to have given grave reviews on this exciting new program. They are pleased to see this creative program during this soft market conditions as more and more sellers have emerged in the east bay region.

Hayward Real Estate News- Buyers, what are you waiting for

2007-08-27T18:14:00.000-07:00

As recently as last week, I had a buyer that said " I want to wait until the market changes". My response to his surprise was "when is it that one can determine the future?". Ladies and gentlemen, no one can predict market change and future appreciation. What we can rely on is current market situations and act now on good instincts and make good deal as it is a "buyers market".

Hayward homes have been decreasing in price a good 3-5% however, areas that have well developed school such as Highland Elementary and Southgate have continued to foster good real estate appreciation even in tough market conditions.

The new leadership High School has had a good review which is also catching eye to investors. I strongly recomend those that are well stablished to invest should do so now. Those that are looking to upgrade should do so now and sell when the market turns....of course we don't know when that is going to be but we do know that when market changes, you will rip huge profits.

Buyers get ready to RUMBLE

2007-08-20T15:29:00.000-07:00

If you have been looking for a while to make your purchase, wait another 30-45 days before you make your move. Fed has just reduced rates which will most likely follow with another rate decrease soon. Although Fed is not scheduled to meet until Sept. 18th, rumors do indicate another decrease within the next 2-3 weeks. Having said that, buyers must get into gear to start preparing for great buys....healthy credit is essential to make this happen.

Credit repair is "key" to getting a good deal. With the recent credit crunch, lenders are stringent on their lending criteria, higher credit scores ( FICO) and income/asset verifications are going to be critical in achieving your payment budget. Don't pay fees but "How to build good credit" is available to you and you can make repairs yourself.

Intero Real Estate in Hayward which owned by me is focusing on helping buyers with their home purchase with (MMAP) grant that is creating a huge interest and something that most sellers are willing to participate in to sell their homes. National average indicates 20% of home buyers are not buying due to market fear but 80% of buyers are not able to meet their monthly budget which is the reason for this slow market. To qualify is simple and easy, this great is not driven by credit scores or income, it is a "Grant" so you do not have to pay this back! First Global Mortgage is a certifed brokerage that can help you with this grant. We are also certified realtors that can make your dream of ownership possible with grant asistance.