Fred Williams, Jr.

I thought that I would post some cleaver ideas that I learned of that I think that a lot of my Realtor friends will find very helpful in their open houses.

1. With gas prices so high and more people doing "staycations" this year rather than "vacations" due to the climbing gas prices, why not give out $5 gas cards to your visitors as a gesture that you are grateful for them making the drive to your open house.
2. If you are dealing with a client that has a pet friendly home, why not buy some pet treats and have them ready for your visors pets if they so desire to bring them over with them. This will give them a since of how there animals like the home. Believe it or not most animal lovers care a lot about what there animals think of things like a new home.
3. Why not try giving away small quarts of ice cream! This does a few things. It treats and thanks the buyer for coming to your open house. Second it causes them to skip over any other open houses and go straight home to put the ice cream in the freezer.

I hope that you find these few ideas to be helpful to adding to your open house. Please let me know how they worked out for you and if they were a success or not.

To your success!

Fred D. Williams Jr.

The talk of the town is quickly becoming FHA when it comes to purchasing homes in today's market. With FHA coming back into the market, Loan Officers and Realtors are really needing to re-sharpen there tools to help prepare for this surge in FHA loans that we are about to see. Are FHA loans different than they use to be? Yes and No. FHA use to be the go-to loan years ago and has always been a good loan provided by the government. It wasn't until conventional loans came into the mix that they started to get faded out. Conventional loans started to allow borrowers to finance up to %100 of the homes value and the appraisals were not as strict as FHA appraisal guidelines were.

With the market changing and the 100% conventional loan going bye-bye, FHA is back in action and coming on strong. Not to mention there appraisal guideline have really loosened up to allow a more competitive edge.

Another great point to make in regards to FHA is that most if not all files are done with a manual underwrite now allowing you to tell your story of why the borrower should recieve the loan, rather than trying to convence a computer who already has its mind made up.

Not all, but some lenders will allow borrowers with a 580 credit score to get up to 97% financing and the other 3% can be borrowed from a family member. Perhaps the family member has the money sitting in a CD and does not want to loose interest by pulling it out and gifting it to the borrower. Well, with the new HR 3221 bill the "gifter" can now hold a secured loan on the property and gain interest on the gift to the borrower until paid back in full.

If you have questions about FHA loans let me know and I can send you an email to a training site that will boost you far above your competition in today's competitive market.

To your success,

Fred D. Williams, Jr.

Do you know someone that is or has suffered with bad credit and now with the credit crunch in today's economy they are having a difficult time purchasing or refinancing a home? As a Mortgage Advisor, I have made the tools available for my client, so they can experience what it is they are trying to do...Purchase or Refinance. If you or someone you know is having credit issues and they are trying to make since of it all...they need to speak with an expert that can hold there hand and lead them to credit freedom.

Contact me today so I can answer any or all of your questions and how I may be able to help you purchase or refinance your home, even with struggled credit.

Warm regards,

Fred D. Williams, Jr.

Mortgage Advisor

(559) 256-3645 Direct

fredjr@mvfs.com

Hello,

I wanted to take short time to let you know that 100% financing is still out there and I am still learning about it. 9 Years in the industry and I never had to worry about these other programs because we have 100% Conventional products to fall back on. Well folks, those days are well gone, but I am here to share with you that I have pulled some oldies but goodies out of the tool box!

Take a look at the following programs that just today I have learned about that you can go up to 100%:

USDA

CalPERS

CalSTERS

FHA Access

No doubt that times have changed, but we have to change with the times if we don't want to get left in the dust. If you need more information on these programs, you can email me at fredjr@mvfs.com and I will be more than happy to send you some information.

Kind regards,

Fred Williams, Jr.