Thursday, August 14, 2014
Monday, April 15, 2013
Veterans save 25% of Mortgage
 Homes With Honor is a program to provide quality homes to low and moderate
income U.S. Military Veterans seeking to buy a home for their personal residence
in Texas. Contact Darlene Johnson the Realtor for Veterans 817-781-4072
Qualifying Veterans:
 Homes With Honor non-profit organizations provide qualifying Veterans with a forgivable soft second mortgage at 0% interest rate and no payment as long as the Veteran is in compliance with the program. The soft second mortgage is completely forgiven over 10 years with no payment. The primary compliance requirements are that the Veteran must remain current on their first mortgage (obtained independently of Homes With Honor) and must live in the home as their primary residence 10 years minimum
The soft-second mortgage will be forgiven over 10 years according to
this schedule:
Example:Purchase Price: $ 100,000 (Appraised value of the home at time of purchase) Down Payment: $ 0 (VA loans may be $0 down payment) First Mortgage: $ 75,000 (75% of $100,000 purchase price) Forgivable soft second mortgage: $ 25,000 (25% of $100,000 purchase: 0% interest rate $0.00 payment) Each month 1/120th of the forgivable soft second mortgage is forgiven. If the Veteran sells the house after six years, 60% (or $15,000 ) of the $25,000 soft second mortgage will be forgiven. After 10 years (the full $25,000) the soft second mortgage is forgiven. Darlene Johnson Realtor CBDFW-Mansfield Direct: 817-276-2285 26E. Debbie Lane Ste.110 Mansfield, TX 76063 Email: darlene.johnson@cbdfw.com Website: www.cbdfw.com/darlenejohnson |
Friday, February 15, 2013
More Americans Think Now is a Good Time to Sell, Survey Says
The results of Fannie Mae’s January 2013 National Housing Survey show increasing confidence in home sales and an improved sense of job security, offering further evidence that the housing market is strengthening. In fact, the 23% of survey respondents think it is a good time to sell a home, up from 11% in January 2012.
The survey also revealed that:
· The average 12-month home price change expectation fell slightly from last month’s survey high to 2.4%.
· At 41%, the share of those surveyed who believe home prices will go up in the next 12 months decreased by 2 percentage points from December’s survey high, while the share who believe home prices will go down returned to the survey low of 10%.
· The percentage of those surveyed who think mortgage rates will go up decreased by 3 percentage points to 41%, while those who think they will go down dipped slightly to 7%.
· The share of respondents who said they would buy if they were going to move held steady at 65%.
· The percentage who expect their personal financial situation to get better over the next 12 months rose by 3 percentage points to 43%.
Click here to read the entire press release.
Source: fanniemae.com, February 07, 2013
Monday, January 14, 2013
Tuesday, October 23, 2012
Considering Bankruptcy? There May be Alternatives You've Never Considered
Darlene Johnson CDPE Short Sale Expert 817-313-2537 www.darlenehelps.com
Millions of homeowners today are having difficulty making payments, and bankruptcy may seem unavoidable. However, it is crucial to understand the consequences and alternatives to bankruptcy, which may incluse the short sale of your home. A short sale will get you out from
underneath unaffordable mortgage payments and may provide you with breathing room to restructure your finances
underneath unaffordable mortgage payments and may provide you with breathing room to restructure your finances
“The Hidden Costs of Bankruptcy” is a FREE report that I've prepared for you, available by requesting b by email at darlene@darlenehelps.com or going to
my website www.darlenehelps.com Filing for bankruptcy can be complicated and devastating to your finances.
As a CDPE-designated agent-Darlene Johnson, I have been trained to
assist homeowners facing financial challenges and can help you find the best solution for your unique circumstances. During this overwhelming time,I can help you find a path to a more solid, stable future. Call me 817-313-2537 for
more information.
IMPORTANT
GOVERNMENT DISCLOSURE: You may stop doing business with us at any
time. You may accept or reject the offer of mortgage assistance we obtain from
your lender (or servicer). If you reject the offer, you will not have to pay us
for our services. The above brokerage is not associated with the government,
and our service is not approved by the government or your lender. Even if you
accept this offer and use our service, your lender may not agree to change your
loan.
Are You At The End Of Your Rope Trying to Avoid Foreclosure~~You Have Options
10 Ways to Alleviate the Stress of an Unaffordable Mortgage...
In a recent study by Lender
Processing Services (LPS), 6.38 million people were at least 30 days late
on their payments. If you or someone you care about is feeling the stress
of an unaffordable mortgage, you are not alone.
As a Certified Distressed
Property Expert (CDPE), I have been extensively trained to counsel and
guide homeowners through their options. I have created a free report that
details dignified solutions available to help people get back on path to
financial stability. Go to my website:
I can help you or someone you care about create a strategy for living a life without the burden of missed payments. Call me today, 817-313-2537 and let’s get you started
back on the path to financial stability!
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