4 Tips to Determine How Much Mortgage You Can Afford
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. Read
Friday, January 28, 2011
4 Helpful Tips to Find out How Much You Really can Afford to Pay Each Month
Thursday, January 27, 2011
Rates as of 01/27/11 - Don't Wait Until they Go SKY HIGH to BUY
4.75% 30yr FHA
4.25% 15yr FHA
4.75% 30yr Conventional
4.25% 15yr Conventional
3.5% 5/1 ARM
5.375% 30yr JUMBO
4.75% 15yr JUMBO
In 2008 they were around 6.5%! That can equal HUGE $DOLLARS$ over the life of a Mortgage Loan! On a $150k loan 2% is around $70,000. Wow! Check out my previous post Interest Rate Stimulus Package to see the mathematical breakdown.
Wednesday, January 26, 2011
You need it, They Find It!
North East Ohio Real Estate
Click the Link Above!
It's FREE, It's HONEST, and It Finds you the VERY BEST!
It's FREE, It's HONEST, and It Finds you the VERY BEST!
Tuesday, January 25, 2011
1st Time Home Buyers: Do you know about the Interest Deduction You Get from Owning a Home?
PLEASE CONTACT ME to Help You understand. I am here to help.330.715.7943
Bkantorowski@kw.com
www.BenKan.biz
Thursday, January 20, 2011
Pre-Buying Tips to feel Confident
7 Steps to Take Before You Buy a Home
By doing your homework before you buy, you’ll feel more content about your new home. Read
Tuesday, January 18, 2011
OAR eWeekly News Summary for Week of Jan. 17-New Short Sale Guideline
The Home Affordable Foreclosure Alternatives Program have put into effect a new guideline on Short Sale Mortgages. This does not change mortgages owned or guaranteed by Fannie Mae, Freddie Mac, or insured or guaranteed by a federal agency such as the FHA. However, at least its a start, right? This shows that some big time people are actually thinking of ways to help the Short Sale and Foreclosure crisis. Now lets keep these helpful new rules and guidelines coming! Please?
Click the link below to read the whole article and other updates.
OAR eWeekly News Summary for Week of Jan. 17
Click the link below to read the whole article and other updates.
OAR eWeekly News Summary for Week of Jan. 17
Friday, January 14, 2011
The Appraisal
In this market there are not too many situations when a buyer is wondering if they are paying too much for their home. After all, it is a Buyer's Market. However, if you do find yourself in a situation where you are just not sure, maybe you are in a bidding war or you are trying to get a home with all the bells and whistles, the appraisal can reassure you of your purchase price. Your lender will not lend you the amount of money you are buying a home for unless they know it is worth it. That is why they order an appraisal.
When they do an appraisal and your offer is higher than what the home appraised for, then here comes the Red Flag. They will not lend the money. This may cause a slight delay in your purchase but he game is not completely over yet. Now it is time for you to counter back with a lower offer or an offer for the appraised value.
When buying a home, make sure you have a Realtor who knows what they are doing and understands the whole home buying process. They will be able to keep you calm and informed during the process of buying a home with knowledge and insight like this.
For more info about appraisal insight CLICK HERE
When they do an appraisal and your offer is higher than what the home appraised for, then here comes the Red Flag. They will not lend the money. This may cause a slight delay in your purchase but he game is not completely over yet. Now it is time for you to counter back with a lower offer or an offer for the appraised value.
When buying a home, make sure you have a Realtor who knows what they are doing and understands the whole home buying process. They will be able to keep you calm and informed during the process of buying a home with knowledge and insight like this.
For more info about appraisal insight CLICK HERE
Wednesday, January 12, 2011
Short Sale or Foreclosure?
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Foreclosure Alternative: The Short Sale
A short sale is far from hassle-free, but it’s a better alternative than foreclosure. And now you’ve got a little help from your friends in D.C. Here are the facts about short sales and how to get started. Read
Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
I am a Short Sale consultant and am here to help you through the process. I help you weigh your options so you can make an educated decision. Please call or email me today to schedule an appointment. You'll be glad you did.
Ben Kantorowski
330.715.7943
BKantorowski@kw.com
Tuesday, January 11, 2011
Grant Money Available for this Home
Call, email, or text me for a Showing!
330.715.7943
BKantorowski@kw.com
Interest Rate Stimulus Package!
Almost every buyer today is wondering if there will be another $8,000 tax credit. Yes, that $8,000 is a huge help and it was a wonderful program to help stimulate home sales. However, most home buyers are over looking the best yet time sensitive opportunity at hand.
What is it? THE INTEREST RATE STIMULUS PACKAGE
Let me break down this package for you:
Interest Rates at: 4.23% Interest Rates in 2007: 6.34%
2010: On a $150,000 30yr mortgage at rates of 4.23%. Your P&I = about $736
2007: On a $150,000 30yr mortgage at rates of 6.34%. Your P&I = about $936
THAT IS THE INTEREST RATE STIMULUS PACKAGE! Let me explain.
$936 - $736 = $200 a month you are saving because of the ALL TIME LOW INTEREST RATES
$200 x 12months = $2400 a yr x 30yrs = $72,000
That is $72,000 you save. That is real money! Look at the big picture when you are considering buying a home and you might decided RIGHT NOW is the perfect time to buy.
What is it? THE INTEREST RATE STIMULUS PACKAGE
Let me break down this package for you:
Interest Rates at: 4.23% Interest Rates in 2007: 6.34%
2010: On a $150,000 30yr mortgage at rates of 4.23%. Your P&I = about $736
2007: On a $150,000 30yr mortgage at rates of 6.34%. Your P&I = about $936
THAT IS THE INTEREST RATE STIMULUS PACKAGE! Let me explain.
$936 - $736 = $200 a month you are saving because of the ALL TIME LOW INTEREST RATES
$200 x 12months = $2400 a yr x 30yrs = $72,000
That is $72,000 you save. That is real money! Look at the big picture when you are considering buying a home and you might decided RIGHT NOW is the perfect time to buy.
OHFA - Are you an Ohio Hero?
Ohio Hero Program is for:
Active Military
Active Reserve
Veteran
Firefighters
EM Techs or Paramedics
Health Care Workers
Police Officers
Teachers
and more...
Click the link below for more
Click the link below for more
First-time home-buyers, renters, and senior citizens must check out this site as well when stepping in to the Home buying process. Oh yes, can not forget about Graduates. GRANTS FOR GRADS!! Hmmm, might be helpful.
Grants! Please?
Home buyers are always looking for a grant or a program that may be able to assist them in the purchase of their home. I stumbled across this website today. Looks like a promising resource. You can search many grant categories including housing. I will keep up on this site and add it to my multiple streams of knowledge for my business.
For more info on Grants click the link below:
What Grants are out there Right Now?
Homes for under $50,000!
Any home on this list is a great opportunity for any investor or home buyer.
If you are not an investor and interested in purchasing one of these homes we need to talk about the 203K STREAMLINE LOAN PROGRAM! This is a fabulous loan program to take a home that needs a lot of work and make it BRAND NEW! If this is something you are interested in be sure to call or email me. I would enjoy to talk with any one considering this. I will take the time to help you to find out if this is the right loan for you.
$35,000 624 Munroe Falls Ave
$35,000 1811 2nd Street
$37,370 2042 High Street
$45,900 2414 2nd Street
$46,500 2462 Talbot Street
$48,000 1276 Bailey Road
$49,900 1855 7th Street
All of these properties are located in Cuyahaoga Falls, Ohio. Call or email me if you would like to visit any properties or to discuss if a 203k streamline loan is right for you.
Contact me at:
BKantorowski@kw.com 330.715.7943
If you are not an investor and interested in purchasing one of these homes we need to talk about the 203K STREAMLINE LOAN PROGRAM! This is a fabulous loan program to take a home that needs a lot of work and make it BRAND NEW! If this is something you are interested in be sure to call or email me. I would enjoy to talk with any one considering this. I will take the time to help you to find out if this is the right loan for you.
$35,000 624 Munroe Falls Ave
$35,000 1811 2nd Street
$37,370 2042 High Street
$45,900 2414 2nd Street
$46,500 2462 Talbot Street
$48,000 1276 Bailey Road
$49,900 1855 7th Street
All of these properties are located in Cuyahaoga Falls, Ohio. Call or email me if you would like to visit any properties or to discuss if a 203k streamline loan is right for you.
Contact me at:
BKantorowski@kw.com 330.715.7943
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