Since rates are at the lowest point ever, and we know that they have to go up, assuming that rates will rise, it may not make mathematical since to wait.
Tag Archive: joe harris
Jul
02
Happy Fourth! and Tax Credit Deadline Extention News
Rates are still at historic lows. If you know of anyone who is thinking about refinancing their current homes, or taking advantage of the combination of low rates and low prices by buying a home, please tell them to give me a call. THank you and have a great holiday weekend!
Jun
07
Special Mortgage Program for Engaged or Recently Married Couples
If you make application with me, Joe Harris from Morgan Financial, in the month of June[2], and close your loan with me by September 30, 2010 I will pay $300 of your closing costs at closing[3].If you make application with me, Joe Harris from Morgan Financial, in the month of June[2], and close your loan with me by September 30, 2010 I will pay $300 of your closing costs at closing[3]. If you do not fit into this special, but know someone who does, please let them know.
May
21
Great News for Buyers with a Short Sale!
New Eligibility Rules Announced From Fannie Mae! There’s great news from Fannie Mae for home buyers who have experienced a short sale or deed in lieu of foreclosure. To help the housing market’s continued stability, Fannie Mae is changing the “waiting period” (i.e. the amount of time that must elapse after the preforeclosure or short …
Mar
16
There Is Still Time To Take Advantage Of Government Incentives!!
It is a great time to be involved in the Real Estate industry; home prices are great, interest rates are at historic lows, and there are still government incentives to purchase a home. The government incentives are set to expire, and you will need an executed contract by the end of April to take advantage of the tax credit. There is still time to get in on this once in a lifetime deal, so do not delay, act now!
Oct
09
Brevard County Mortgage and Real Estate Market Data: September 2009
Brevard County real estate sales continue to thrive. New listings are down, sales are up, and interest rates are still at historically low levels. With sales up almost 20% year over year, and inventory down about the same, it seems as though the market is moving at a fairly decent pace. So ask the question: is the market changing?
Sales continue to show strong numbers, and inventory is decreasing. With 79% of the sales bein
Sep
15
Life After a Short Sale
So here is the long and short of it: if you have recently experienced a short sale, you will be ineligible for a conventional loan for at least 2 years; you may be eligible for FHA financing, however, you will have to prove that there were extenuating circumstances. These extenuating circumstances could include loss of job, death of a wage earner, hospitalization, or some of these sorts. Additionally, you cannot have had any mortgage lates in the last year. For a loan to be considered prior to 2 years, it must be strong.
Sep
02
First Time Homebuyers, The Clock is ticking!
Uncle Sam wants you to buy a house! If you are a first time homebuyer, he is even willing to give you an $8000 tax credit to do so. Time is ticking away…this deal only lasts through November of 2009. With rates still low, many properties to choose from that are aggressively priced, it really is the time to take advantage of the deals and get $8000 from Uncle Sam.





