Ladies and gentlemen, boys and girls, the Freddie Mac summer sales event is on now!
Yep, you heard right. The heavily indebted mortgage financier launched a a nationwide sales promotion for its inventory of foreclosed homes today.
The so-called “HomeSteps Summer Sales Promotion” offers up to 3.5 percent buyer’s closing costs and a $1,200 selling agent bonus for offers received between May 16, 2011 – July 31, 2011 and escrows closed on or before September 30, 2011.
But it’s only valid on HomeSteps homes sold to owner-occupant buyers; sorry investors…
Additionally, a two-year Home Protect® limited home warranty is offered on some eligible HomeSteps homes.
It covers electrical, plumbing, air conditioning, heating and other major systems and appliances, and also provides discounts up to 30 percent on the purchase of appliances.
So if you’re in the market for a new home this summer, you may want to give the HomeSteps properties a glance, which you can do here.
As you may have expected, many of the foreclosed properties on offer are in fringy areas of metropolitan cities across the United States, those most affected by the ongoing mortgage crisis.
But if you’re lucky, you might be able to snag something on the cheap.
Fannie Mae offers a similar promotion via their HomePath properties
Tuesday, May 17, 2011
Tuesday, May 10, 2011
Team Clyde's "For our Eyes Only " Deal of the Week, Berlin
For Your Eyes Only" Deal of the Week from Team Clyde, after reviewing every property on the MLS, Team Clyde has uncovered this amazing value in Berlin Boro........Stunning 3 bedroom 2.5 bath end unit townhouse in Carriage Stop. Great wide open floor plan with full basement, 1st floor den new carpt throughout and freshly painted on a corner lot and so much more - a very special place to call home. Don't miss this opportunity. Priced at ONLY $259,900. For more detailed information visit: www.SJHouseHunter.com/TR5882313.
Friday, May 6, 2011
Team Clyde's "For Your Eyes Only" Deal of the Week May 6 2011, Good Karma
The Heroic Action of SEAL Team 6 in Killing OBL brings Good Karma
Welcome to “Clyde’s Coffee Break” for May 6, 2011. Clyde’s Coffee Break is a weekly Local Real Estate Market Update brought to you by Stephen & Donna Clyde, Team Clyde of RE/MAX Connection Realtors in Marlton New Jersey.
Every Friday afternoon Clyde’s Coffee Break will bring you an update on the local real estate markets in Burlington, Camden and Gloucester Counties. Real estate markets are local, and what you are hearing or reading in the national news coverage doesn’t reflect what is happening in your county, town, development or even on your street.
So tune in every Friday afternoon, grab a good cup of coffee take a quick break and find out what is happening in the real estate market here in South Jersey.
Tuesday, May 3, 2011
Team Clyde's "For Your Eyes Only" Deal of the Week May 3 2011, Berlin Boro
The "For Your Eyes Only" Deal of the Week from Team Clyde, after reviewing every property on the MLS, Team Clyde has uncovered this amazing value in Berlin Boro’s Carriage Stop Development........that is ready for you to Move right into. This beautiful 3 bedroom, 2.5 bath home in great residential neighborhood in Berlin is across the street from soccer fields, Rec Center, and Berlin Community School. A 2 car Garage, Finished Basement, Hardwood & Pergo Floors, Large Fenced Back Yard and Part of Eastern High School District. This is the one you must see to appreciate.... Priced at ONLY $275,000. For more detailed information visit: www.SJHouseHunter.com/TR5851309
The Truth About Rent To Own
Most people are really familiar using the term “rent to own”. Areas such as Prime Time and Rent A Center have constructed an empire with lease to own merchandise, though the buyer usually ends up paying double what the merchandise is in fact worth. While this may possibly be wonderful for those who've bad credit rating, most people prefer to avoid going this route. Houses are no exception, specifically if you are purchasing a house over a rent to own schedule.
Even although lease to own may possibly be good for any brief period of time, it proves to be an pricey way for someone to purchase something they intend to keep. Rent to own merchandise for instance, may sound quite compelling at a number of dollars a week. The agreement is commonly for around 15 - 20 months, which can be wherever the firm makes their money. While you may be paying just one or two dollars a week, the total amount swiftly adds up to almost twice the price of the item.
Together with paying rent, you’ll also have to pay applicable sales tax as well. Like merchandise, rent to own real estate has it’s disadvantages. Even although it can be good for individuals with not so fantastic credit score, you will generally end up paying again a lot more than you'll with a home loan. You’ll still have to pay again your lender with a mortgage, despite the fact that that amount won’t be nearly as high because it would in case you made a decision to get a house using a lease to own schedule.
In most cases, rent to own houses are set up about the market by the owner. This way, you will offer directly with the owner. It is going to start out as a traditional lease, then proceed to a rent to own basis in the event you decide you need to maintain the home. You and also the owner will then work out an arrangement, which will normally be rather a few many years. Some owners are quite flexible and will work with you just to get the cost they want for their residence, while other people will cost you really a bit more, in order to make a hefty profit.
If you've poor credit score and can’t get approved for a home loan, then rent to own could be your next very best alternative. Despite the fact that some don’t like to do it due to the price, for several it is a far better choice than an apartment. With rent to own houses you are paying money towards the house, instead of just paying lease. In some cases this is fine, while you have to have to make sure to double verify using the owner before you agree or commit to anything. This way, you’ll know how significantly you will be paying for the home - and for how long.
When you just bought or are thinking purchasing a residence, you will quickly receive several offers inside the mail for various products and services for your new residence. That is due to the fact marketing companies collect your info and market it to numerous companies as a new homeowner list. Simply because new homeowners require so numerous diverse things for their new home, quite a few corporations create and mail postcards or catalogs to such individuals. Exactly the same is true when you recently began construction or even a remodel of the new household. That information is sold as a new building permit list. Similarly, new mothers and fathers may also find themselves swimming in various offers on a new parent list. It is critical that you pay attention to these kind of offers, which can save you quite a lot of time and money.
Even although lease to own may possibly be good for any brief period of time, it proves to be an pricey way for someone to purchase something they intend to keep. Rent to own merchandise for instance, may sound quite compelling at a number of dollars a week. The agreement is commonly for around 15 - 20 months, which can be wherever the firm makes their money. While you may be paying just one or two dollars a week, the total amount swiftly adds up to almost twice the price of the item.
Together with paying rent, you’ll also have to pay applicable sales tax as well. Like merchandise, rent to own real estate has it’s disadvantages. Even although it can be good for individuals with not so fantastic credit score, you will generally end up paying again a lot more than you'll with a home loan. You’ll still have to pay again your lender with a mortgage, despite the fact that that amount won’t be nearly as high because it would in case you made a decision to get a house using a lease to own schedule.
In most cases, rent to own houses are set up about the market by the owner. This way, you will offer directly with the owner. It is going to start out as a traditional lease, then proceed to a rent to own basis in the event you decide you need to maintain the home. You and also the owner will then work out an arrangement, which will normally be rather a few many years. Some owners are quite flexible and will work with you just to get the cost they want for their residence, while other people will cost you really a bit more, in order to make a hefty profit.
If you've poor credit score and can’t get approved for a home loan, then rent to own could be your next very best alternative. Despite the fact that some don’t like to do it due to the price, for several it is a far better choice than an apartment. With rent to own houses you are paying money towards the house, instead of just paying lease. In some cases this is fine, while you have to have to make sure to double verify using the owner before you agree or commit to anything. This way, you’ll know how significantly you will be paying for the home - and for how long.
When you just bought or are thinking purchasing a residence, you will quickly receive several offers inside the mail for various products and services for your new residence. That is due to the fact marketing companies collect your info and market it to numerous companies as a new homeowner list. Simply because new homeowners require so numerous diverse things for their new home, quite a few corporations create and mail postcards or catalogs to such individuals. Exactly the same is true when you recently began construction or even a remodel of the new household. That information is sold as a new building permit list. Similarly, new mothers and fathers may also find themselves swimming in various offers on a new parent list. It is critical that you pay attention to these kind of offers, which can save you quite a lot of time and money.
Guide on Preparing for a Home Inspection
Guide on Preparing for a Home Inspection
Before the home selling and home buying transaction, it is recommended for the buyers to do an inspection of the real estate property .
Home inspection is an evaluation of the house and is done by a trained professional inspector that has an experience in evaluating all the features in a home to give you all the information you need .
A professional inspector is the one who will check the property and evaluate if it is a valuable investment for the buyer . Taking time preparing for home inspection is important because it can help you save money and time later on.
Do repairs ahead of time and make sure that the doors, faucets, smoke detectors and windows are functioning .
The roof should be in good condition and clean dirty gutters from the roof . The foundation of the home will also be checked to find out if there are any cracks, and damage .
Clean your house to give an impression of the well maintained property and not neglected . It would also be more interesting for the home buyer to see that you take good care of your Home.
If you have pets, secure them from the areas where the inspector will check .
Be sure that the doors can be unlocked . The inspector will check the electrical systems and appliances as well to see if they function, so be sure it will be accessible for the inspector to avoid delays. They also need to check each corner of your home so clear out all boxes and storage spaces . Condition of your walls and ceilings will be inspected for any sign of damage and weakening . He will record and point out any safety concerns about fireplaces and electrical outlets.
Be truthful in answering every questions they will ask you.
It is important to have a good preparation to avoid problems .
Before the home selling and home buying transaction, it is recommended for the buyers to do an inspection of the real estate property .
Home inspection is an evaluation of the house and is done by a trained professional inspector that has an experience in evaluating all the features in a home to give you all the information you need .
A professional inspector is the one who will check the property and evaluate if it is a valuable investment for the buyer . Taking time preparing for home inspection is important because it can help you save money and time later on.
Do repairs ahead of time and make sure that the doors, faucets, smoke detectors and windows are functioning .
The roof should be in good condition and clean dirty gutters from the roof . The foundation of the home will also be checked to find out if there are any cracks, and damage .
Clean your house to give an impression of the well maintained property and not neglected . It would also be more interesting for the home buyer to see that you take good care of your Home.
If you have pets, secure them from the areas where the inspector will check .
Be sure that the doors can be unlocked . The inspector will check the electrical systems and appliances as well to see if they function, so be sure it will be accessible for the inspector to avoid delays. They also need to check each corner of your home so clear out all boxes and storage spaces . Condition of your walls and ceilings will be inspected for any sign of damage and weakening . He will record and point out any safety concerns about fireplaces and electrical outlets.
Be truthful in answering every questions they will ask you.
It is important to have a good preparation to avoid problems .
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