Appleton Wisconsin Mortgage & Real Estate Resources

New Real Estate/Mortgage Employee Benefit Plan Launches In Appleton

Fri, 19 Mar 2010 07:30:29 -0400

After many. many, years, I am so pleased to announce the official launch of the Wisconsin Home Benefits Program right here in the Fox Valley. This program has been so well received and provides win. win, win opportunities to the Employer, Employees, Realtor Partners and Plan Partners.

Wisconsin Home Benefits (WHB) is a high-value real estate and mortgage group benefits program similar to a group health or dental plan, except with one notable difference-the WHB group benefits program is no cost to local businesses and employee membership is free.

Members of the WHB group benefits program receive generous discounts and rewards when buying, selling or financing a home and are entitled to an array of free services and helpful resources. Member services and personal assistance is provided by a dedicated team of WHB licensed agents and lenders.

The WHB program is available to any type or size business, organizations, clubs or associations at no cost. Signing up to participate is fast and easy and employee membership is free with entitlement starting immediately. Members receive WHB program brochures, membership cards and a value packed monthly e-newsletter called "Coming Home".

The WHB group benefits package also provides members with generous discounts and savings on products and services from local reputable companies.

The WHB mission is to be a trusted asset to local businesses and organizations while providing members with meaningful savings, value and VIP service.

Wisconsin HOme Benefits - Where everyone Wins!

For information, please visit http://www.WisconsinHomeBenefits.com

Gwenn Tanvas is a Certified Mortgage Planning Specialists who specializes in working with First-Time Home Buyers and Government Programs such as FHA, State and Federal VA and USDA Rural Housing Loans. Visit her website for more information, on-line calculators and a secure on-line application. She is able to assist with transaction throughout the state of Wisconsin. Her offices are located in Appleton, Oshkosh and Green Bay and offers the convenience of one-stop shopping. http://www.WisconsinLoanTips.com or http://www.MortgageProsOfWisconsin.com she can also be reached for comment or to answer questions via email at gwennt@centurytel.net

Wisconsin Realtors, Grab Your Opportunity to Get Gwennie's Revolutionary New Property Marketing Technology Tool and it is FREE for the asking!!!! http://www.WisconsinPropertyPromoter.com - Check it out!

New Employee Benefit plan launches in the Fox Valley - Buyers - Sellers receive generous cash back when buying or selling a home through a participating employer - Plus many. many more discounts from participating value partners.... http://www.WisconsinHomeBenefits.com

See This Now- Home Owners, HouseLogic is For You and FREE

Tue, 23 Feb 2010 17:32:23 -0500

This is a great tool for would-be Buyers.

With HouseLogic homeowners can create "My Binder" to help them organize projects, finances, taxes, etc. Users can create To-Do Lists and set project reminders and also give you home improvement advice.

It is one thing to view a virtual tour, but have a place to go and logically review information to make an informed decision on taking the big step into homeownership..... Bravo Bob for sharing this great tool for first-time home buyers.....

Via Fox Cities Real Estate Hotline--- Bob Edwards- Appleton, WI (Coldwell Banker- The Real Estate Group):

See This Now- Home Owners, HouseLogic is For You and FREE

Whether you’re a First Time Home Owner or Experienced Home Owner, HouseLogic is for you. Buying a home is most likely the biggest investment you’ll ever make so you’ll want to take care of your real estate investment. HouseLogic is a wonderful new website from the National Association of Realtors aimed specifically to help home owners make smart decisions.

With HouseLogic homeowners can create "My Binder" to help them organize projects, finances, taxes, etc. Users can create To-Do Lists and set project reminders and also give you home improvement advice.

According to Realtor Magazine Online, HouseLogic is unlike other homeowner websites in that it helps the homeowner view their home through a “financial lens” and help them make smart and informed decisions with the goal of increasing their home’s value and tracking the progress of they’re making on the goals.

This has to be one of the best tools for home owners that I’ve seen, it's readily available, easy to use and free. Try it out and let me know what you think.

And remember if you or someone you know is thinking of buying or selling a home in Appleton or anywhere in the Fox Cities Valley call or text me today, Bob Edwards at (920) 202-2431 or email bedwards@coldwellhomes.com

How Will Technology Change Real Estate Sales & Marketing in the Future?

Tue, 23 Feb 2010 16:57:06 -0500

This is a great post of information from Mike Brown - Mike is a Marketing and public relations specialist. Former Florida area Director of Marketing and Public Relations Pulte Homes, DiVosta Homes, Del Webb, and Minto.

The questions is . . . ARE YOU PREPARED?????

Via Mike Brown (Brown Ltd. Digital Marketing & Public Relations):

My last job in the tech world of IBM (wired) and Motorola (wireless) was future vision marketing manager before I "got off the plane" and applied what I learned about digital marketing and PR in real estate.

We looked out 1 year, 5 years, and 10 years to try and imagine what is possible with wired and wireless technology. Then we would go tell customers about it.

My method involved interviewing patent holding engineers, scientists, marketing gurus, and futurists.

But one of the most valuable sources I had was from the sales force. They told me what was working and would not work, what customers asked for and expected in the future, and they actually gave me requirements for developing future products and programs.

One of the things I realized early on was that I came up with maybe 20% of the good ideas. The rest came from others. That's where you come in. I've created a starter list below. Brainstorm! Let's create the idea of real estate marketing in the future together!

I would like to do that here, and share it with the Active Rain Community.

BASELINE

Here's what we know as a baseline for the real estate market today:

- Digital imagery (photos, renderings, visual tours) made a big difference and are here to stay.
- Social Networking and blogging leaped forward and will continue to grow.
- Email marketing is now full of pictures and is working great.
- Websites are including:
= Listings
= IDX integration
= Property locators
= Mapping
= Galleries and Slide Shows
= Some Facebook and blog integration
= Some Video (in the early adopter phase and will expand in this next year)
= Links to sites like Realtor.com, Zillow.com, Trulia.com, local community information like schools and shopping, etc., plus many others.
= Multiple languages in addition to English (Spanish, French)
- Customer Relationship Management (CRM) Systems (Early Adopters using & winning!)
- Electronic "Video" Billboards (just started)
- Newspapers/Media Company Advertising Media Buys Happening on Google (Early Adopters only)
- Direct Mail
- Radio
- TV
- Signs
- Events
- Telemarketing
- Marketing Measurement Systems to track media buys and campaigns (Early Adopters only)

So here's the question: What will the future of real estate marketing look like?

CURRENT TO 1 YEAR OUT
- Broker and Builder websites will integrate Social Networking technologies for easy sharing and interaction (Facebook, Google Buzz, Twitter, ShareThis, Digg, Delicious, Live, Stumbleupon, LinkedIn, Blogs, etc.)
- Content Marketing will expand
- Direct Mail will include more Newsletter Postcards (smart marketers)
- Email Marketing will include more news - less hype

1-5 YEARS OUT
The biggest change during this period for real estate pros isn't in the technology. The biggest change will come from you learning how to learn and adapt quicker. You're selling brick and mortar; but, you're going to be using tools to do it that evolve quickly. That means software. Your customers and companies will demand that you know this new way to interact - forcing you to change.
- Mobile enabled websites for advertising, listings, and sales interaction
= Images
= Mapping
= Video
= Social Networking between selling organization and customers
= GPS Enabled Listings
- Customer Relationship Management (CRM) Systems - more pervasive use and will center the effort of database marketing
- Newspaper/Websites and Media Buys Dominated by Google
- Content Marketing will become more layered so a buyer can get just the right amount of information they individually want rather than the seller, broker, or builder dictating the amount.
- Email marketing will add video
- Events will become more creative and integrated with other organizations
- Online & Mobile Chat & Texting
- Online Interactive Contracts & Documentation
- Smart Irrigation. Technology is cheap and easy today. Will become pervasive.
- Marketing Measurement Systems will link directly with CRM
= Google May Be the Integrator

5-10 YEARS OUT
- Will websites become media rich enough to satisfy a customer enough to buy online?
- Interactive Video Television and/or Web [not sure what the devices will be called at this point - interactive displays?] about Properties. You'll be able to select and "see" the systems work in a house.
- Smart Houses (I don't think the house will sell itself but you'll have to know about these systems to show them)
- Smart Irrigation Standard
- Exterior and Interior Wired and Wireless integration (Security, Power, Appliances, Entertainment, Info Systems)
- More Audio (Voice) enabled

Ideas? What do you think? Add your comments!

Is this the Home Owner "bailout" everyone is waiting?

Tue, 16 Feb 2010 09:06:05 -0500

Here is an interesting twist to the "Bailout" - Although I am all for supporting the people on main street, it will be interesting to see how the program will roll out and if it will actually help and not hender.....

Thank for the information Tom.......

Via Remax 24/7 Real Estate:

A new article published 2/12/2010 states that mortgage companies need to give incentives to people to stay in they home and not walk away or strategically default.

Upside down property values are leaving nearly 25% of homeowners owing more on their mortgage than the home is worth, and many are getting advised or may find it tempting to walk away even if they are financially able to keep making their mortgage payments. The idea of this may be easier or less stressful if they “strategic default” to get out from under the debt completely or to force the servicer’s hand for a loan modification. It is growing concern within the mortgage industry, and I struggle with this everyday dealing with short sales, as a CDPE, and the communication breakdowns with stressed out sellers.

In the article, the Loan Value Group LLC (LVG), is proposing it is time to pay current borrowers to stay in their homes. The company is introducing a new program this past week to help lenders and servicer identify borrowers at risk of walking away and implement an incentive program in which the homeowner receives a monetary rewards, "bailout", if they stay in the home, remain current on their payments, and do not change the terms of the original mortgage note or reducing principal. The Responsible Homeowner Reward (RH Reward) program was developed on a foundation of behavioral economics and employs patent-pending technology developed by LVG.

According to the Loan Value Group, there are more than 10 million homes in the United States with substantial negative equity, representing nearly $2 trillion of mortgage debt, WOW!

This is not a proposed program the article says it is going to be implemented by a largest investors in consumer and mortgage debt in the United States. The client, who requested anonymity while they roll-out the program, has purchased and sold over $5 billion of debt since 2008. Hum, wonder who that is :)

Well everyone...watch your mail! I know I will!

Until next time,

Tom

Read full article:http://www.dsnews.com/articles/company-proposes-paying-homeowners-not-to-walk-away-2010-02-12

What New Homebuyers MUST Know About Getting Pre-APPROVED in 2010 –

Mon, 08 Feb 2010 16:46:48 -0500

Kim & Bill were ready to find their first home. After making a few quick phone calls, they received an informal pre-qualification to go ahead shop for homes. Their imagination had been working overtime and the picture of their first home was clear in their mind. They could imagine the perfect neighborhood, the most darling little house with the greatest backyard; their new home everything they ever wanted. They invested a couple hundred hours finding their little treasure, spent several hundred dollars on fees and property inspections, took a deep breath, and placed an offer. They had their heart is so set on the home that they began telling their friends the new address, and set a date for their house warming party.

And then the bank calls with this little tidbit of information - We are sorry but your mortgage application has been denied!!!

Kim & Bill could have saved themselves from this heartache if they would have been formally PRE-APPROVED. It is so important to understand the difference between a pre-qualification and a pre-approval... In fact, it is highly recommend you get a written Pre-Approval Letter before you go any further in the home-buying process.

Let's take a look at the differences . . .

What is pre-approval?

It's basically a quick-and-dirty look from a lending institution at your creditworthiness. With a pre-approval letter in your hand, you're immediately in a stronger negotiating position with any seller, not to mention the peace of mind knowing that when you get the offer accepted, you are likely to get the keys to your new home...

But be aware that there are two types of "pre" letters:

Pre-qualification is an informal agreement between you and your lender. The bank gives their opinion on how much they think they will be able to lend to you based on iinformation that you have provided to them. Your bank doesn't do any background check s at this point. It relies solely on you portraying an accurate picture of your circumstances. Pre-qualification is more like a friendly handshake, and once material facts are reviewed, the lender can decide not to give you the loan based upon their review of your official iinformation. This is the mistake Kim & Bill made....
Pre-approval is more serious. The bank will actually check your credit history, employment information, assets, and liabilities. The only thing they won't check is the property that you plan to buy, because, of course, you haven't found it yet! We highly recommend that you get a pre-approval BEFORE you begin physically looking at homes. It will put your mind at ease while you search for your new home and make the entire experience much less worrisome. Beware of lenders who charge for a pre-approval. A reputable mortgage lender is happy to spend time with you to review the process and answer any questions you may have.

Getting pre-qualified simply indicates that you have told a lender your income level and your debt and credit iinformation, and the lender has estimated what you can afford; Opposed to a Pre-approval, which is an in-depth review of your income, assets, debt to income ratios and credit. A Pre-Approval will provide you with peace of mind when making an offer on your new home.

I hope this iinformation has been helpful. If you have any questions about this process, please feel free to give me call or shoot me an email. I am here to assist you and help make your dream of home ownership a reality.....

Buying a home carries certain levels of stress, but financing should not be one of the stresses. Do yourself a favor and spend some time with a Mortgage Planner BEFORE you go looking for that perfect little home.

Only 81 days left to Say Yes To 4 Questions and Proceed to the $6,500 Tax Credit

Mon, 08 Feb 2010 17:36:19 -0500

There are just 81 days remaining for Homeowners with the desire to take advantage of a new home tax credit worth up to $6,500. The deadline is creeping up on us. You have until April 30, 2010, to get a deal under way. Is it time for you to get moving?

Before you decide, see if you can answer "yes" to these four questions.

1. Are you already in the market? - Let's assume you qualify for the tax break. That means you've been in your current home for at least five of the last eight years consecutively, you're purchasing a new principal residence -- not a vacation home -- that costs no more than $800,000, and you meet the income threshold -- $125,000 for individuals and $225,000 for joint filers -- to get the full $6,500 credit.

Keep in mind that the tax credit is yours unless you sell or stop using the home as your principal residence within three years after the date of purchase. Qualified home-buyers have the option to take the tax credit on their 2009 or 2010 income tax returns, so be sure to consult your tax authority so you get the most bang for your buck.

Here are a few things to consider as you contemplate your decision... If you were already planning to move, the tax credit can help you recoup some of those repairs you've been putting off to get your home ready for sale. Another consideration is the desire or need to up size or downsize, to move closer to family or to make room for an aging parent.

2. Do local market conditions look favorable? - There are three reasons why now is the right time to upgrade your home. First, interest rates are as low as they've ever been in our lifetime. Second, prices are very competitive, and you can buy a lot more home today than you could three years ago. And thirdly, the first-time buyer tax credit. Over the course of the last 12 months, first-time buyers are eating up the majority of good inventory due to its affordability. This is great news for sellers!!!

3. Can you sell your house in time? - You'll have to in contract on the purchase of the new home by April 30, 2010 and closed by June 30, 2010. If you are active in the US Military, this deadline has been extended for an additional 12 months. Certainly nobody wishes to be carrying two mortgages, so your best bet is to get your home on the market a.s.a.p. to take advantage of this great tax incentive before time runs out. Be sure you do your research before taking the plunge. A quick call to a reputable Realtor will provide valuable insight on your market area. If you need a referral, I am happy to point you in the right direction.

4. Can you close the expense gap? - While the tax credit can help offset expenses like home repairs and the seller's commission, $6,500 will only stretch so far. If you are upgrading, keep mindful of your equity position on your existing home and available cash to cover the new down payment. If you're counting on the tax credit to cushion the higher mortgage cost of your new home, that's a red flag. The last thing you want to do is over extend yourself just to take advantage of the tax credit. Planning is essential.

While the tax credit can be a financial boost to many homeowners who are ready to buy again, the purchase of a home should never be a tax-based decision. The $6,500 is a treat; a cherry on a sundae. The sundae is the historically low home prices, substantially low interest rates and sellers willing to bargain.

Remember, the clock is ticking and as of this post, only 81 days left. If you are considering this, DO IT NOW..... We are here to help facilitate the transactions and help successfully market your property.

Until next time..... make it great Wisconsin - big smile.....

What New Homebuyers MUST Know About Getting Pre-APPROVED in 2010 –

Mon, 08 Feb 2010 16:45:59 -0500

Let's take a look at the differences . . .

What is pre-approval?

But be aware that there are two types of "pre" letters:

Pre-qualification is an informal agreement between you and your lender. The bank gives their opinion on how much they think they will be able to lend to you based on iinformation that you have provided to them. Your bank doesn't do any background check s at this point. It relies solely on you portraying an accurate picture of your circumstances. Pre-qualification is more like a friendly handshake, and once material facts are reviewed, the lender can decide not to give you the loan based upon their review of your official iinformation. This is the mistake Kim & Bill made....
Pre-approval is more serious. The bank will actually check your credit history, employment information, assets, and liabilities. The only thing they won't check is the property that you plan to buy, because, of course, you haven't found it yet! We highly recommend that you get a pre-approval BEFORE you begin physically looking at homes. It will put your mind at ease while you search for your new home and make the entire experience much less worrisome. Beware of lenders who charge for a pre-approval. A reputable mortgage lender is happy to spend time with you to review the process and answer any questions you may have.

Buying A Short Sale - 12 Steps you MUST know...

Wed, 03 Feb 2010 10:43:56 -0500

As banks continue to foreclose on homes in Wisconsin, buyers are sure to come across some amazing garage-sale priced homes; but buyers have opportunities to buy homes through a "short sale" before a home goes into foreclosure.

What is a "short sale?" A short sale may be defined as the sale of a home at a price less than the existing mortgage balance; however the ultimate price of a short sale lies in the willingness of the bank to negotiate terms. A Short Sale is a complicated process; and quite a rare occurrence until now. Without a doubt, short sales transactions are becoming common and will continue to be prevalent over the course of the next year.

It is good advice to consider hiring professional help when you are looking to buy a home. Look for a Realtor who specializes in distressed properties and specifically certified in the short sale process. A short sale transaction is a specialty field, so you choice of representation should be carefully considered. Be aware of the numerous legal loop holes that can cause the average person could be taken advantage of.

It is very important to realize that the majority of lawyers and real estate agents have little experience with these transactions. In order to be successful, you need to be selective in choosing the professional who will assist you in the process. Keep in mind; the most important consideration is by NOT seeking the expertise of a specialists and going it alone (if not fluent in dealing with pre-foreclosures and bank procedures), you will significantly increase your chance of failure at the bank.

The following 12 steps are a guide, but please consider seeking out the help of a professional who specializes in Foreclosures and Short Sales:

1. Locate homes which are in default, as early as possible, even possibly before the formal non-judicial foreclosure begins.

2. Search foreclosed homes with plenty of lead time before the Trustee's Sale (you may need weeks or months of lead time.)

3. Once you have created a list of such homes, narrow that list to only those homes you would likely purchase for yourself.

4. Complete an accurate Comparative Market Analysis (CMA) using sold homes with similar features, via a good database such as the local MLS.

5. Determine the exact mortgage balance and status of default or foreclosure.

6. Research to find out if there is a second or third mortgage on the house.

7. Research the possibility of other liens (tax liens, mechanic's liens, labor liens, state liens, etc.)

8. Determine how best to talk and negotiate with the loss mitigation department of the bank or mortgage holder (email, fax, phone, etc)

9. Determine whether or not purchasing via the short sale will negate any subordinate loans or liens (another trap for the unwary.)

10. Know which costs and fees in addition to the mortgage balance can be compromised and by how much (experience is the best teacher.)

11. Prepare a comprehensive package to present to the mortgage holder, which is the most critical step in closing a short sale. This should include the Purchase & Sale Agreement, and a thorough analysis of the home, prices, the local market, and justification of your offering price. Your offer must be prepared very professionally or the bank will merely overlook you, without giving your offer a second look. You have to be able to make a case to the bank, as to why they should sell to you at this price.

12. In order to close on a deal in a short sale, you must follow through with all parties involved.

The complexity and difficulty of closing short sales should never be underestimated, even under the best of circumstances. It is hard to find a buyer of foreclosure properties through the short sale process, despite what con artists would like you to believe. You should have some experience before purchasing foreclosure properties; The reckless need to be aware of entrapment.

Buying a foreclosure may be a fast way to lose money if in the process you make major mistakes. On the other hand, because the purchase price is below the current market value of the home, it can be a great way to pick up equity immediately the day of closing. Many people have also come to a dead end with this process after months of frustration.

There are many great people who specialize in the Foreclosure and Short Sale properties. Just please, please do your homework before going it alone. If you are thinking of doing this, please contact me and I will be more than happy to put you in contact with one of my preferred Real Estate Agents that specialize in short sales.

I hope you have found this information helpful, as that is my goal. In closing, if you need help putting together a plan for financing and/or would like to review the various options available to, please feel free to either give me a call, or shoot me an email. I provide this to you as a service and there is never an obligation..... The Sun is shinning . . . Make it a great day....!

Village of Suamico - SHORT SALE - Bank Ready for Offer and Anxious to Settle

Tue, 02 Feb 2010 12:47:56 -0500

I am posting this on behalf of Bonnie Blick of The Property Shop LLC - To Download This Property to Your Phone TEXT "88695" to 79564 This is a great property and bank is very anxious to settle. This is a great opportunity to purchase a real nice home for pennies on the dollar - We have also put together a special financing incentive package that will provide a hugh benefit to the lucky buyer of this awesome property..... Give us a call for more information.....

3043 Big Timber Cr

Green Bay, WI 54313

Village of Suamico

Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me

Bonnie Blick

Office: Mobile: Website: Visit Website

Price : $203,000 Bedrooms : 4 Bathrooms : 3 Square Foot : 2,924 Lot Size : 41,817 County : Brown Property Type : Detached Year Built : 1988 MLS Number : Village of Suam

click for more information and pictures

Property Description Tucked back into a gorgeous hardwood setting and in a much sought after area this home offering over 2900 sq ft of living space is an exceptional value. Huge master suite with private bath and patio doors leading to pool with wrap around decking and covered patio with hot tub. Living room and family room share a 2 way gas fireplace, large kitchen with built-in range, double oven, dishwasher and grill. Inviting entry has beautiful hardwood floor.

This home is only 22 years old and has been updated throughout with bath and kitchen fixtures, flooring, paint, added master suite, lighting. All appliances being included as well as the hot tub. Large attached 2.5 car garage offers plenty of additional storage, partial basement.

You'll love the setting and appreciate the convenience of being located only minutes from Green Bay. Call for any additional information or to schedule a viewing. Equal Housing Opportunity. The Property Shop LLC : 445 East Main Street - Wautoma WI 54982 :

How to File for $8,000 Tax Credit

Wed, 27 Jan 2010 11:05:14 -0500

Here is great information to pass onto your customers - Anyone who settled their first home purchase after November 6, 2009 would appreciate this information - The new IRS Form 5405 is now available.

Unfortunately, the filing must be done the "Olde Fashioned Way" Ironic since a majority of the filers are Generation Y and grew up with a computer.... The IRS will NOT accept the 5405 form electronically, and from what I understand, it could take up to 4 months to get your money.

Please be aware that when filing form 5405, the IRS is requiring a copy of the settlement statement (HUD-1), a signed mortgage statement with the new address, and a copy of either the taxpayer's driver's license, bank statement, or pay stub, showing the new address.

Below is reference to a recent CNN Money article - Make it a great day.....

Via Leslie Ebersole (Baird&Warner Real Estate):

From CNNMoney.com, we have just learned that the way the IRS is "handling" the tax credit is turning into yet another stumbling block to helping the real estate market recover. This seems to me to be so unfair! Anyone who qualified for the credit probably could really use that money, whether to repay mom and dad for the down payment loan or as cash to repair that fixer-upper they bought. I'm going to email the article and link this out to my clients IRS Form 5405.

Home Buyer Tax Credit: No e-file and four month delays

By CNNMoney.com Les Christie staff writer

January 16, 2010: 6:54 AM ET

NEW YORK (CNNMoney.com) -- Good news homebuyers: You can file for your $8,000 first-time buyer tax credit again. Bad news: You still can't e-file your taxes if you want the cash. And there are long delays.

On Thursday, CNNMoney revealed that buyers who purchased their properties after Nov. 6 were unable to claim the refund because the Internal Revenue Service had yet to release a new form and instructions. But on Friday, the IRS finally posted the new form 5405.

The two-month delay was frustrating to Florida resident Charles Teschke. "We are not broke or anything, but nevertheless we were still counting on getting the tax refund to help pay for the appliances and stuff we needed for our new home," he said. "The IRS told me they estimate it will take four months for me to get my refund!"

First-time buyers were able to immediately file for the tax credit after Congress approved it last February as part of the stimulus program. All they had to do was file an amendment to their 2008 tax returns (the ones they filed last April) and claim the promised refund of 10% of the purchase price, up to $8,000.

If You Don't Buy a House Now, You're Stupid or Broke

Fri, 11 Dec 2009 09:16:15 -0500

Although it is currently -1 degrees here in Wisconsin, technology allow us to shop online and get pre-qualified without leaving the comfort of our homes. If you are considering purchasing and taking advantage of great home prices and an abundant selection, historically low interest rates, and a big fat tax credit . . . there is no better time to make your move. Stay warm and enjoy your day...

Via Michele Reneau, Realtor, CRS, ABR, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor):

Have you read this article yet? It was featured in Business Week. My first thought, wow! what a blunt and harsh statement! But the writer, Mark Roth, uses this headturning title to get your attention to make excellent points for those who are on the fence. Namely that interest rates are at an all time low, in fact, the lowest in 40 years. He noted that in the late 70s, rates hit a high of 18%! Can you even imagine buying a house at 18%? I personally can't fathom it as I bought my first house with an FHA loan while I was in college for 7% in 2001. In the 80s, when rates dropped from 12% to 9%, my parents practically danced their way to the 1^st refinance of their home. Generation X'ers probably would never dream of purchasing a home above 7% given all we have ever known are super low rates hovering between 5-6%. Mr. Roth points out the history of previous interest rates as well as the impact of rates on one's purchasing power. I happen to agree with his prediction that as the economy becomes more stable, interest rates WILL rise to hedge inflation. My prediction has been that by this time next year, rates will have risen 1-2% at a minimum.

In Charleston, the average sale is $250,000. Assuming a 5% down payment at 5% interest on a 30 year fixed, your monthly principal and interest payment would be $1275. If rates rise to 7%, your payment increases to $1580/month. Some buyers may be on the fence because they fear prices may drop further. Consider this. If there is a 10% decrease in price and the $250,000 falls to $225,000 in one year, but you wait to purchase and the interest rate rises to 7%, your payment will be $1422. You spend more money per month plus at the higher interest rate, you pay more interest over the life of the loan. Real estate appreciation is always a cycle and as the economy stabilizes, values will level out. Steve Harney is already analyzing data this is happening in many markets and that this will occur by 2014 in many states. Making a home purchase is still a decision that should be weight carefully and is not for everyone. One important consideration will depend on how long you plan to stay in the home.

Mark Roth summed up the article, "What I'm trying to impress upon everyone is that if you are planning on being a homeowner now and/or in the foreseeable future, or if you are looking to move your family into a bigger home, then pay more attention to the interest rates than the price of the home. If you have a steady job, good credit, and the down payment, then you really are being offered the gift of a lifetime."

The Charleston Relocation Experts team specializes in helping families make good decisions. We do NOT think you are stupid or broke if you don't buy a house right now. But if you are considering purchasing a home and would like a FREE consultation, we'd love to sit down with you and help you weigh your options and direct you to a qualified, caring mortgage professional that will help you with the numbers.

Follow us on Facebook at www.facebook.com/CRETeam

We are approved by Boeing 3^rd party relocation company as Charleston Boeing Relocation Specialists with Carolina One Real Estate in Charleston, SC. Visit us at www.CharlestonBoeingRealtors.com. Contact Top Real Estate Agents, North Charleston, SC Relocation Experts, Licensed Realtors® in South Carolina at 843-849-5217 or info@CharlestonRelocationExperts.com to list your home for sale or to purchase a home in Charleston, Goose Creek, Summerville, North Charleston, Hanahan, Mount Pleasant and the surrounding areas in Charleston County, Berkeley County or Dorchester County. The Charleston Relocation Experts Team specializes in relocations, first time homebuyers and creating marketing exposure to sell your home in the Charleston SC Real Estate market. View all homes for sale at www.myCharlestonMLS.com

Michele Reneau, ABR, GRI, CRS

www.CharlestonRelocationExperts.com

Follow us on Facebook at www.facebook.com/CRETeam

Friday Funnies: Jose Cuervo Christmas Cookies

Fri, 11 Dec 2009 08:38:04 -0500

Jose Cuervo Christmas Cookies

1 cup of water
1 tsp baking soda
1 cup of sugar
1 tsp salt
1 cup or brown sugar
4 large eggs
1 cup nuts
2 cups of dried fruit
1 bottle Jose Cuervo Tequila

Sample the Cuervo to check quality. Take a large bowl,
Check the Cuervo again, to be sure it is of the highest quality,
Pour one level cup and drink.

Turn on the electric mixer. Beat one cup of butter
In a large fluffy bowl.

Add one peastoon of sugar. Beat again. At this point
it's best to make sure the Cuervo is still ok, try another
Cup just in case.

Turn off the mixerer thingy.

Break 2 leggs and add to the bowl and chuck in the cup
Of dried fruit.

Pick the frigging fruit off the floor.

Mix on the turner.

If the fried druit gets stuck in the beaters just pry
It loose with a drewscriver.

Sample the Cuervo to check for tonsisticity.

Next, sift two cups of salt, or something. Who geeves
A sheet. Check the Jose Cuervo. Now shift the lemon juice and strain your nuts.

Add one table.

Add a spoon of sugar, or somefink. Whatever you can
Find.

Greash the oven.

Turn the cake tin 360 degrees and try not to fall
Over.

Don't forget to beat off the turner.

Finally, throw the bowl through the window, finish the
Cose Juervo and make sure to put the stove in the wishdasher.
Cherry Mistmas

Wisconsin Homebuyers and Homeowner's Encouraged to Seek Advice Now And Explore Their Options.

Thu, 03 Dec 2009 13:45:52 -0500

Mortgage Rates Have Dropped, Again!

Mortgage rates are extremely low. Now is the time to buy or refinance a home. Here's why you should act now:

A drop in rates provides a tremendous opportunity to refinance and reduce your monthly mortgage payment and potentially save thousands of dollars over the life of your home loan. It's also a great time to buy a new home.

First-time homebuyers are eligible for an $8,000 tax credit, which does not have to be repaid unless you sell your home within three years.

Repeat or move-up homebuyers are eligible for a $6,500 tax credit if they have lived in their primary residence for five years or more.

These tax credits are available to buyers who sign purchase agreements on a new or existing primary residence between November 7, 2009, and April 30, 2010. Buyers have until June 30 to close on their new homes.

If you're still sitting on the sidelines waiting for housing prices to hit bottom, you should consider that what might be gained from a further drop in housing prices could easily be lost by a rise in interest rates.

Rates continue to be volatile and this opportunity might not last long. Do not wait until next week. Call me today to get pre-qualified. Whether you are looking to buy or refinance, I am here to help. There is never, ever an obligation. I provide no cost consultations . . . WHY, because it is all about YOU!!!!!

Thinking of buying, thinking of selling, or refinancing . . . There is no better time than now to check into it. Even if you are concerned with some minor credit issues, I have happy to assist...

Make it a great Wisconsin day, and I look forward to hearing from you.....

400,000 + Reasons Why I Love VA Loans And You Should Too!!!

Sun, 29 Nov 2009 14:43:50 -0500

Did you know that there are over 400,000 veterans living in Wisconsin? Serving our Vets, Active Military Personnel and their families is so fulfilling. Below are some really cool features about a VA Loan.... If you are not working with and helping our Vets and Active Service Personnel living right here in Wisconsin, you are missing out on a great opportunity to give back.

So What's So Cool About A VA Loan?

Zero Down payment - Still no changes to this guideline
No PMI - EVER!
Credit Score Minimum - Still 620 for Federal VA Loans
No VA Funding Fee (if Veteran is VA disabled).
Veteran can use a VA Loan to purchase a Multi-Family property (must live in one of the units)
Veterans can qualify even if they are in a Chapter 13 (verify on-time re-payments for 12 months)
Loan amounts up to $417,000
Simple Dimple Low, Low Cost Refinancing

Being an expert in Federal and Wisconsin State VA Loans is just one very small thing I can do to honor our service men and women. They are entitled to the benefits and I am so very pleased to have the opportunity to serve them in this aspect.

Let's work together and pay it forward.

Here are the Wisconsin Statistics - Look how many we can serve and support:

Estimates of Wisconsin's Veterans Population

Total number of veterans living in Wisconsin - 2009³

427,527

Total number of wartime veterans living in Wisconsin

311,340

Total number of peacetime veterans living in Wisconsin

116,187

Total number of Women veterans living in Wisconsin

28,023

World War I veterans

World War II Era veterans

42,713

Korean War Era veterans

49,839

Veterans of the Vietnam War Era (Feb. 21, 1961 - May 8, 1975)

144,036

Veterans of the Persian Gulf War Era (Aug. 2, 1990 - )

84,275

Gulf War, Deployed⁴

10,400

Iraq and Afghanistan Wars, Deployed⁵

28,842

Notes:
1) "Era" service includes those who served in the U.S. Armed Forces anywhere in the world during the specified timeframe.
2) Veterans with service in more than one war and/or era are counted under each war and/or era.
3) Source: U.S. Department of Veterans Affairs, VetPop2007, September 30, 2009.
4) Gulf War, Iraq War, and Afghanistan War deployed veterans are included in the Gulf War Era
5) Source for Iraq/Afghanistan data is U.S. Department of Defense: "Legal Residence/Home Address for Service Members Ever Deployed as of September 30, 2009, Source: CTS Deployment File as of September 30, 2009".

Source for all other data is U.S. Department of Veterans Affairs: http://www1.va.gov/vetdata/docs/2l.xls

Appleton Wisconsin Mortgage & Real Estate Resources

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Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area. No claim of ownership is made to homes or land pictured.

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Village of Suamico - SHORT SALE - Bank Ready for Offer and Anxious to Settle

How to File for $8,000 Tax Credit

If You Don't Buy a House Now, You're Stupid or Broke

Friday Funnies: Jose Cuervo Christmas Cookies

Wisconsin Homebuyers and Homeowner's Encouraged to Seek Advice Now And Explore Their Options.

400,000 + Reasons Why I Love VA Loans And You Should Too!!!