FIRST TIME HOME BUYERS - Housing Interest Rates Are More Affordable Than Ever!

Housing Interest Rates Are More Affordable Than Ever!

Calling all FIRST TIME HOME BUYERS !  Interest rates over the last few weeks have plunged even lower making an enticing invite for anyone sitting on the fence thinking about buying.   It is a great TIME TO BUY A HOME.

With the rates down this low, some are even buying the rental they live in and their payments are dropping - saving them a ton of money AND they are now owners of the property investing and not throwing money away!

You will be amazed at what you might qualify for and with the low housing prices you could finally afford your dream home.

The first step is to give me a call – I have a great loan officer who can pre-qualify you over the phone ! 

So, if you want to work with the BEST REALTOR IN MEDFORD, OREGON then call me - anytime.  You can also go to my website for a snapshot of the market and see what homes recently sold for and where the best deals are.

If you are a FIRST TIME HOME BUYER or just want to invest in Real Estate – now is the time. 

Cheryl Malone – Real Estate Broker

Windermere Investors Marketplace

541.951.1960

www.CherylMalone.com

Once you are pre-qualified for a home loan, I would love to help find your dream home - "Lets Go Shopping!"

Servicing the Rogue Valley including Medford, Central Point, Jacksonville, Talent, Phoenix, Eagle Point, Sams Valley, Rogue River & White City Oregon.

Are You Looking For A VA Home Loan? VA Home Loan Rates

If you looking for a VA HOME LOAN and VA HOME LOAN RATES you have come to the right place.

A VA Home Loan is one of the best home loans you can get when you buy a home and the rates are incredible!

The rates in the housing market can change sometimes 2-3 times a day, and it is common to do so. The VA HOME LOAN RATES are usually lower than the rest of the lenders home loan rates out there.

If you are looking to find where the rates are at and you want a professional to talk to who SPECIALIZES in these types of loans, then contact THE BEST LOAN OFFICER IN MEDFORD, OR:

DAVID DUBEAU
541.292.9663
541.608.2161
http://www.daviddubeau.net/

David DuBeau, having also served in the ARMY for 6 years, has now done home loans for over 7 years and VA Loans are his specialty among his many products.
He knows how to help and take care of your needs.
He can still close in 2-3 weeks on average as well!

Once you are prequalified for a home loan then call THE BEST REAL ESTATE AGENT IN MEDFORD, OR:

CHERYL MALONE
541.951.1960
http://www.cherylmalone.com/

And "Lets Go Shopping!"
You will be one step closer to your dream home when you have the BEST REAL ESTATE AGENT and THE BEST LOAN OFFICER working for you!  Service you won't be disappointed in !
We service the Rogue Valley including Medford, Jacksonville, Central Point, Talent, Phoenix, Eagle Point, White City, Sams Valley, Gold Hill, Rogue River and Wimer Oregon.

How To Create Equity In Your Home, Investment Or Fixer-Upper !

When you are trying to create equity in a home by making improvements, here are some tips and things that can help.

***NOTE- "What is equity?"  It is the difference between what you owe on a property, and what it is worth.

Example: If you have a property worth $200,000 but only owe $150,000 then you have $50,000 in equity in the home. If you owe 0.00, then you have $200,000 in equity, make sense?

Keep in mind that almost all the improvements you do in your home can increase the value. But, if you are like most people, you want to spend the least amount of money while creating the most amount of value.

These things are traditionally known to create the most value in a home:

1) Increasing the size of living space- Since a home is valued at a dollar amount per square foot, increasing the square footage by adding another bedroom, bathroom, etc naturally increases the value.
2) Remodeling or Updating the Bathrooms and Kitchen- This is a great way to increase value and to help the home sell quicker as well, if that's the goal.
3) New Windows- Updating to energy saving windows not only increases monthly savings but increases the "curb appeal" of your home.
4) New Siding- Again, see the notes on windows as this is the same.

Remember, the first step in buying a home or refinancing is to get pre-qualified on a home loan! Sellers do not like to deal with buyers who might not qualify. There are plenty of different options out there (even other 100% financing options)

I recommend you talk to:

David DuBeau
Mortgage Loan Officer
541.292.9663
541.608.2161
www.DavidDuBeau.net

If you want to list your home or buy a home, then give me a call.  Now is a great time to move up and use your equity to buy a larger home.  Find out what your home is worth, no obligation.
Cheryl Malone
Windermere Investors Marketplace
www.CherylMalone.com
541-951-1960

VA Home Loan Benefit - The IRRRL (Interest Rate Reduction Refinance Loan)

VA Home Loan Benefit - The IRRRL (Interest Rate Reduction Refinance Loan)

Many veterans do not understand one of the best benefits of their VA home loan. It is designed to allow you to lower your interest rate and monthly payments. It is called an IRRRL: Interest Rate Reduction Refinance Loan.

An IRRRL is a streamline refinance process which allows you to refinance without an appraisal to take advantage of a lower interest rate! There is minimal documentation needed and a long as your payments have been made on time you should be able to qualify.

These loans can be closed quickly and provide relief when it is needed in a down market.

If you want to lower your payments or interest rate on your VA loan, or to apply for a VA loan, call the Best Loan Officer in the Rogue Valley to discuss your options:

David DuBeau
541.292.9663
541.608.2161
www.DavidDuBeau.net

Once you are prequalified for a VA home loan:

Call The Best Realtor In The Rogue Valley,
Cheryl Malone at Windermere Investors Marketplace and "Lets Go Shopping"! 
541.951.1960  www.CherylMalone.com

OTHER RELATED BLOGS:
How Do I Use My VA Home Loan?
http://daviddubeau.blogspot.com/2011/02/va-home-loan-how-do-i-use-my-veteran-va.html
What is a "Preapproval Letter"?
http://daviddubeau.blogspot.com/2011/02/what-is-preapproval-letter-when-buying.html
Should I Buy A Home Right Now?
http://daviddubeau.blogspot.com/2011/02/should-i-buy-home-right-now-john.html
Is it cheaper to rent, or buy?
http://daviddubeau.blogspot.com/2011/02/it-is-cheaper-to-buy-than-rent-home.html

What is the difference between a Foreclosure, REO, and Short Sale?
http://daviddubeau.blogspot.com/2011/02/difference-between-foreclosure-and.html

How To Buy A Home In Medford with The Best Realtor in Southern Oregon

How to buy a home in Medford with The Best Realtor in the Rogue Valley and Southern Oregon...

The process of buying a home can seem daunting, but it is actually pretty simple! There are stages and different steps in the process, but to simplify it here is a short list:

1) Get prequalified or preapproved for a home loan. I recommend you do this by calling David DuBeau (see contact info below). In my opinion he is THE BEST LOAN OFFICER IN MEDFORD, OR!

2) Once you know what you are approved for, decide where you would like to find a home to live in, and what kind of a house you would like to live in (New, foreclosure, Stick Built, Manufactured, etc). If you need help, talk with Cheryl Malone (ME!) about what your thoughts are, or call and ask advice on what you should do.

At that point, "Lets Go Shopping"!

It really is that simple! There are other details to think about for sure, but any questions you have can be answered along the way by your loan officer and Realtor.

You can contact David for a prequalification or preapproval any way below. To talk to me about buying a home - look to the right of this blog, or, here is the best way to reach me as well:

Cheryl Malone (THE BEST REALTOR IN MEDFORD, OR!)
Windermere Investors Marketplace
C: 541.951.1960
www.CherylMalone.com

David DuBeau
Mortgage Loan Officer
C: 541.292.9663
O: 541.608.1800
david.dubeau@sterlingsavings.com
www.daviddubeau.net

Feel free to read some of my other blog posts if you have more questions and good luck in your search!
www.sellingoregonhomes.blogspot.com

Invest In Your Future Now ... Will Social Security Be There For You?

Are you relying on Social Security as a source of income in your "golden years"?  Most people are expecting their Social Security to support them or help support them when they are ready to retire. 

I am looking at my Social Security Statement from February 2010 right now and there is a very interesting part of this statement that I am not sure you are aware of.

It states: "Your estimated benefits are based on current law.  Congress has made changes to the law in the past and can do so at any time.  The law governing benefit amounts may change because, by 2037, the payroll taxes collected will be enough to pay only about 76 percent of scheduled benefits"

Well, what does that mean exactly... not sure, but I don't think I can really count on Social Security being there for me.  Gee, congress can make changes to the law any time - that is reassuring. 

So lets say you were suppose to get $1,000 a month, now you are getting $760... hmmm I could have done a lot with that extra $240.

I feel that real estate is a very good investment, if you look at it long term.  If you are renting now, you should buy yourself a little home - just to get your foot in the door.  If you currently own a home you can buy yourself a little house to rent out - over the years it would go up in value and your loan balance will decrease.  When you need some additional income to live on in 25 years, it will be almost paid off.  This could be your nest egg. You can refinance and pull your money out or just sell it. 

I like to think of this type of thing as "the investment that keeps on giving".  If you refinance and take some money out to live on, you still have the property... you can then leave it to your kids when you pass away or you can refinance several times throughout the years.  Hence, the investment that keeps on giving.

This type of small investment is easy to manage.  There are many options.  I have years of experience with property management and can help guide you through the process.  Think about your future, Social Security isn't.

Call me and I can get you started.

Cheryl Malone
541-951-1960

Here are some other blogs I wrote:

http://sellingoregonhomes.blogspot.com/2011/02/so-you-want-to-own-rental-why-not-buy.html

http://sellingoregonhomes.blogspot.com/2011/02/rent-vs-own-should-i-buy-house-in.html

FACEBOOK ANYONE ?

How many people have a Facebook or should I ask how many people don't?  Facebook has been very good to me.  I have reconnected with some of my old friends from school, which has been a lot of fun to see where their lives have taken them.  It is definitely a way to feel connected to people on a regular basis, without feeling like you are intruding into their life.  They post what they want you to know and it takes off from there into some interesting places !

It is nice that you can select who you want to be "friends" with and share only what you want to share with others.  Overall, it is fun to have.  Now in saying that, you can have too much fun if you get addicted to the games they have like Farmville and Cafe World.  I use to plan my whole day around when my "Farmville" crops were going to be ready to harvest.  Ain't that a hoot !  Luckily that only lasted for a few months and then I wised up and quit playing, cold turkey.  My farmhouse and crops have probably turned to dust and tumbleweeds by now... I don't dare go and check.

I just made a Facebook page for my business, I have not put anything on it yet.  Hopefully it will be a fun and informative place for my clients to check out.  We will see how that develops.  Happy Facebooking !

Check out my other blog:

http://sellingoregonhomes.blogspot.com/2011/02/rent-vs-own-should-i-buy-house-in.html

Is Spring A Good Time To Sell My Home? When Is A Good Time To Sell My House?

Many people wonder if spring is a good time to sell their house?  Spring time sounds like a great time to sell your home because the clouds have lifted, the grass is green, the flowers are blooming and the trees are full of leaves.  The place looks great.  And now that most people have recovered from the holidays, the hope is that the fresh air and breeze with blow a buyer in to their yard.  Well, this could very well happen -- but there are advantages in putting your home on the market before spring arrives.

There is usually influx of houses coming on the market in March & April each year.  Putting your home on the market before spring and even during the winter months can give you a better chance of getting an offer.  There is less competition at that time of the year and a lot of buyers who are out looking during the winter months are very serious buyers... not just out for decorating ideas!

So, those of you who are still on the fence and are waiting for the flowers to bloom to list your house, maybe you might want to spring into action now before the competition arrives.

Other blogs:

http://sellingoregonhomes.blogspot.com/2011/02/no-money-down-or-100-financing-options.html

http://sellingoregonhomes.blogspot.com/2011/02/oregon-real-estate-transfer-tax-we-need.html

http://sellingoregonhomes.blogspot.com/2011/02/want-to-buy-home-in-medford-oregon-how.html

http://sellingoregonhomes.blogspot.com/2011/02/to-buy-or-not-to-buy-real-estate-that.html

http://sellingoregonhomes.blogspot.com/2011/02/100-financing-available-on-real-estate.html

No Money Down or 100% Financing Options in Medford, Oregon

It might be surprising to know that in today's market you CAN BUY A HOUSE WITH NO MONEY DOWN.  There is 100% FINANCING AVAILABLE with competitive rates.  I have noticed that there is not much mention of the 100% FINANCING AVAILABLE to Veterans in the local postings of financing options.  This is a benefit to many of our servicemen and I think it should be talked about more. 

If you are looking to buy HORSE PROPERTY in the rural area of White City, Central Point, Eagle Point, Sams Valley, Jacksonville, Phoenix, Talent, Shady Cove, or Gold Hill the property may qualify for a 100% LOAN from USDA.  This is available to anyone who can qualify for the loan, you do not have to be a veteran for this type of loan.

You can get your foot in the door with these types of loans in today's market.  As you build some equity, you trade up to a larger or better house.  There is no better time then today - to knock on that door !

Want to see if you qualify for these types of loans?  It's easy - I repeat - it's easy... give me a call at 541-951-1960 and I can put you in touch with the best loan officers... DAVID AND MICAH DUBEAU.  They are veterans themselves and take great pride in helping their fellow veterans.

Check out my other blogs:

http://sellingoregonhomes.blogspot.com/2011/02/oregon-real-estate-transfer-tax-we-need.html

http://sellingoregonhomes.blogspot.com/2011/02/want-to-buy-home-in-medford-oregon-how.html

http://sellingoregonhomes.blogspot.com/2011/02/to-buy-or-not-to-buy-real-estate-that.html

http://sellingoregonhomes.blogspot.com/2011/02/100-financing-available-on-real-estate.html

WANT TO BUY A HOME IN MEDFORD, OREGON - How easy is it?

So, you want to buy a home in Medford, Oregon ?  The process of buying a home can be easy, if you are prequalified and teamed up with the right professionals.  The first step in buying a home is talking with a lender.  It is important that you know how much you can afford, before you go out "shopping" for a new home.  Once you know what fits your budget, the rest should be easy. 

Working with the right lender - loan officer is one of the most important things you can do.  If they can't get your loan approved, the deal won't close - then everyone is disappointed.  Try and use a local lender and one that your realtor knows can deliever. 

There are many different loan programs available right now. A good loan officer will pick the best one for you.   There is 100% financing available through the USDA and VA programs.  They even have extended the First Time Homebuyer's Credit of $8,000 for some VA buyers for a limited time only (call David and Micah Dubeau for details). 

Getting prequalified can be done over the phone or in person.  It is easier then most people think and with the low interest rates many are surprised that they qualify for more than they thought !

IF YOU WANT TO BUY A HOME IN MEDFORD, OREGON then give me a call at 541-951-1960 or contact David and Micah DuBeau the BEST LENDERS IN MEDFORD FROM STERLING SAVINGS BANK at 541-292-9663... we will get the job done - you won't be disappointed !

View my other blog:

http://sellingoregonhomes.blogspot.com/2011/02/to-buy-or-not-to-buy-real-estate-that.html