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Lon Reed

SMALL AND POPULAR vs BIG AND NOT

10-05-08
Lon Reed

Small And Popular Vs. Big And Not

When relocating to a new area, especially a higher priced one, you may be concerned about getting the most home for your money. You may be tempted to opt for a larger home in a less desirable area rather than settling for a smaller home in an affluent community. From an investment standpoint, you could be making the wrong choice.

Home prices in popular and affluent communities tend to increase more rapidly than those in less-sought-after, middle-class neighborhoods. That's why real estate professionals frequently advise home buyers to choose a smaller home in a better neighborhood over a larger home elsewhere.

This strategy is particularly useful for home buyers who do not expect to own their home for more than a few years. They may need the likelihood of a higher appreciation rate to help ensure they make a profit and cover selling costs when the time comes to move again.

More Tips

We have the expertise to help make your relocation go as smoothly as possible. Find out more in our online report, SMOOTH: A Dozen Ways To Plan The Perfect Relocation. Simply click the link to read the report at no obligation whatsoever. And feel free to call us for any assistance you may need during your move.


Lon Reed
ePro Certified Realtor®
Certified Loss Mitigation Consultant
Certified Credit Consultant
Short Sale/Foreclosure Specialist
San Antonio, TX 78258
800-693-9811 Toll Free
800-362-2949 Toll Free 24/7

http://www.LonReed.com
http://www.OneCallHomeRescue.com
http://www.OneCallCreditRescue.com
http://www.OneCallCreditRescue.net
http://www.aRealEstateSolutionsCompany.com

http://www.CTXEnterprises.com

BRIDGE LOANS HELP BUYERS

09-22-08
Lon Reed

How Bridge Loans Help Buyers Over the Gap

Nobody wants to carry two mortgages on two homes at the same time. Sometimes, however, an overlap occurs between buying a new home and selling the old one. Here's where a bridge (or "gap," or "swing") loan can take the pressure off the monthly budget and provide down payment money.

  • Take a short-term loan.
  • Pay off as you choose.
  • A bridge loan is a short-term loan for which the equity in your old home (and sometimes in your new one) serves as collateral. Various lenders charge different interest rates - often 1 or 2 percentage points above the current prime rate, or a bit higher than the current regular mortgage rate. Depending on the lenders' requirements (appraisal, title search, etc.), closing costs can be anywhere from 0.5% to 1.5% of the loan amount. You may pay the loan off when you sell your home, or in monthly or quarterly installments. If your home does not sell within the specified term (often 6 months or a year), the loan is usually renewable.
As real estate professionals, we have experience in all aspects of home purchasing. E-mail us to take advantage of our knowledge of the kinds of financial assistance that are available. More Tips

If you have any real estate questions, just ask us. We're happy to help! In the meantime, we thought you might be interested in our FREE e-Report, Why Refi: Five Great Reasons To Refinance Today. Simply click the link to get your copy today.


Lon Reed
800-693-9811
San Antonio, Texas 78258
Lon@LonReed.com
www.PreForeclosureSolutions.com

www.GetaBrandNewStart.com
www.CreditCardRescue.net
www.CreditCardAssistance.info
www.DebtSettlementSolutions.net
www.DebtSettlementPlan.net



MAKING A DIFFICULT HOME SALE LOOK EASY

09-22-08
Lon Reed

Here Are 8 Secrets To Making A Difficult Home Sale Look Easy

Not all home sellers need to go the extra mile to sell at a good price. But where help is needed, there are several things we can consider together to make a tough sale happen. For example: Mailbox

  1. To obtain your best price, don't be in a hurry to sell. Allow time for the right buyer to come along.
  2. Decide early what your lowest price will be. On the other hand, don't hold out for the impossible.
  3. Think of pricing in terms of un-rounded numbers ($99,800, for example instead of $100,000).
  4. Always be ready to show your home at short notice.
  5. Be willing to redecorate if necessary, and mention that in your listing.
  6. Reply at once to an offer.
  7. Avoid asking for contingencies on an offer.
  8. Make immediate possession possible.
Not all of these suggestions may be feasible, of course, in your situation. That's why we suggest that you let us inspect your property and help you decide what might be most suitable for your particular needs. Your e-mail or call is always welcome. More Tips

For more tips on preparing your home for sale, read our FREE online report, TAKE ONE: How To Package Your Home To Sell, at no obligation. Also see our online newsletter to read more about smart selling strategies. E-Newsletter


Lon Reed
800-693-9811
San Antonio, Texas 78258
Lon@LonReed.com
www.PreForeclosureSolutions.com

www.GetaBrandNewStart.com
www.CreditCardRescue.net
www.CreditCardAssistance.info
www.DebtSettlementSolutions.net
www.DebtSettlementPlan.net


COOL MOVES FOR BUYING A HOME IN THIS MARKET

09-22-08
Lon Reed

Here Are Some Cool Moves for Buying a Home in a Hot Market

Where homes are selling as fast as they come on the market, you might try one or more of the following ways to beat the competition to the front door:

  • Bid realistically
  • Make your offer
  • Be flexible
  • (near listing price) instead of hoping your seller will cave in to a low offer. without strings (sale of previous home, home inspection, etc.) but only if you're certain your old home will sell quickly or the property is in move-in condition. (within reason) to a seller's conditions concerning conveyable property, dates of closing and occupancy. Giving in a little may gain you a lot.
We can help you find the best home for you in your price range, and we can start as soon as you're ready. E-mail us with details of your dream home now. More Tips

We have extensive knowledge and experience we'd be happy to share with you. For example, take a look at our FREE online report, SETTLEMENT: Secrets To An Easy Contract Closing. You can read it right away by clicking the link. Give us a call or send us an e-mail for more valuable tips!


Lon Reed
800-693-9811
San Antonio, Texas 78258
Lon@LonReed.com
www.PreForeclosureSolutions.com

www.GetaBrandNewStart.com
www.CreditCardRescue.net
www.CreditCardAssistance.info
www.DebtSettlementSolutions.net
www.DebtSettlementPlan.net

SEPTEMBER e-NEWSLETTER

09-01-08
Lon Reed

Hi ActiveRain Friends, September 2008
Here is a link to our September e-Newsletter

Don't miss this month's cover story: "How To Avoid Foreclosure By Selling Fast For Less"

Visit our September E-Newsletter online now by clicking the URL above. Then turn to Pages 2, 3, and 4 for more timely articles of interest to today's sellers, buyers and homeowners.

This Month's Articles





Tap Our Expertise
Even if you're not ready to buy or sell a home right now, we would be happy to keep you up-to-date on developments in the real estate industry, mortgage financing and our local market. Simply reply to this e-mail or give us a call!

We hope you enjoy this monthly electronic newsletter. Please forward the link above to a friend who would also appreciate the information. If you have any comments, please e-mail them to us. Or, if you would like answers to your specific real estate questions, we'd be happy to help!

Best regards,

Lon Reed
ePro Certified Realtor®
Certified Loss Mitigation Consultant
Certified Credit Consultant
Short Sale/Foreclosure Specialist
San Antonio, TX 78258
800-693-9811 Toll Free
800-362-2949 Toll Free 24/7

http://www.LonReed.com
http://www.OneCallHomeRescue.com
http://www.OneCallCreditRescue.com
http://www.OneCallCreditRescue.net
http://www.aRealEstateSolutionsCompany.com
http://www.CTXEnterprises.com