I specialize in working with first time buyers. If you think you may want to buy in the next two years, now is the time to hop off the fence. Until November, you can get up to $8000 in stimulus money if you buy and haven't owned a home in the last 36 months (that's their definition of a first time buyer for this program).
Most of my business comes from referrals from other buyers. I have lived in Mobile County for over thirty years and know the area very well. I can guide you through the maze of interest rates, inspections, approvals, and red tape. Just let me hold your hand and help you to a happy closing and put you in your own home.
If you want to see what is available on a user friendly site go to www.nancysellsmobile.com and look all you want. Please feel free to use this site and to share it with your friends. That's what it is there for.
Call me. I want to help.
Rent is always more per month than paying a mortgage payment. After all, the Landlord wants to make a profit.
At the end of the year, you get credit against your income for interest paid on your mortgage. Most of the payment is interest. For example lets say your mortgage payment is $900 per month. At least for the first year or so, over $800 of that is interest. If you are at a tax rate of 25% for your income tax, you would be given $2400 MORE on your tax refund check if you owned the same house you could have rented.
When you move you can sell the house and pull out the increased value of your property. If you stay over two years this profit is not taxed (ask your tax professional to be sure this works for you).
WIN -- WIN -- WIN
Call me now to work out the numbers for your situation. Why make the Landlord richer?
A down market is absolutely the right time to buy. Buying anything you can find great bargains! Houses, cars, boats, and RVs all are priced so low! What if you are selling? The shoe is on the other foot, right?
Except if you are selling a lower priced home and buying a higher priced home, you will gain far more on the more expensive home than you give up on the other one. Save big and have a dream home.
If you want to upsize, call me now. Mobile real estate has never been such a bargain. See what's available at www.nancysellsmobile.com and then call me.
The race track is underway and we should see hiring by mid 2010. Ideal property should be not closer than five miles from the noise and craziness. Between five and ten miles should be in great demand. If you have property in this range or can get some relatively inexpensively, better hold it and see what happens after scarcity starts to happen.
A foreclosure is one which a mortgage lender has retaken possession of the property. This is usually due to the buyer having failed to make payments. These properties are commonly known as REO's (real estate owned). The are in the portfolio of the mortgage lender as real estate owned. Most lenders want to sell these properties and often do at a very good price.
There are over two hundred such properties in the greater Mobile area right now. Call me for more information on how to buy one.
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