Lisa Perry, 100% Financing, VHDA, USDA, HomePath, FREE $5,000 Grant Money, VA

Calling all my Realtors business partners in Gwinnett County .

Or for anyone who wants to support a good cause!

If you live Gwinnett County, GA, this is a worthy cause.

Giving back to the community!

HURRY LAST WEEK TO SIGN UP!

Date: Saturday, October 22, 2011

Time: 8:00 am

Where: Rivergreen Parkway

4225 Rivergreen Parkway, Duluth, GA

CLICK HERE FOR MORE INFORMATION ON THE HOOFIN FOR HABITAT 5K RUN/WALK

To Buy or Not to Buy! Is Buying better than Renting!

When is the right time to buy. I remember back in the 80's when interest rates were averaging 9%. Everyone thought that was a great time to buy. Now interest rates are at a all time low and people are saying this is the best time to buy. What is the best time to buy. Well that depends on your situation.

Home prices have taken such a beating and demand for rental units has increased so much that it's now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities.

With the continuing decline in home prices, rock-bottom interest rates have added a lot of weight to the buy side of the scale. With the current tax perks of home ownership and for those who can afford it (and who can actually qualify for a loan), it certainly is a buyer's market. Frequently asked questions for 1st time Homeowners.

Some options to consider when weighing the options to buy or rent:

• The tax benefit is just one part of the decision-making process.
• How long you plan to stay.
• Whether you have cash for closing.
• Whether you can cover all the homeownership costs.
• Whether you can claim the tax advantages of homeownership.

Of course, it is a personal decision. But if you have a steady job and you are planning to stay in the home for atleast seven years or more you're better off buying in most places. Even where it's cheaper to rent, it doesn't necessarily mean renters will come out ahead. For the same price you are renting, you can probably buy for a lower monthly output. Putting the difference in savings will help you build your reserves and repairs. Click here for the calculatetor to compare the advantages and considerations of owning vs. renting a home.

GREAT COMMUNITY EVENT IN STAFFORD, VIRGINIA!

Second Annual Children's Miracle Network Community Yard Sale/Flee Market

Come out and support the Children's Miracle Network in Stafford, Virginia. Sunday, Sept. 25 at the North Stafford Hight School parking lot. 1-5pm

Only $5.00 per carload $3.00 prepay

All proceeds to benefit Children's National Medical Center

• Featuring a special appearance by "Wil Gravatt"
• Plus the Amazing magic of "Michael Taggert"
• Stafford Classics, Fredericksburg Classic & Muscle Car and Rappahannock Regional Mopar Car Show (Over 75 Cars)
• Food, Moonbounce, Joust, Cotton Candy, Popcorn, Raffles, Giveaways and So Much More!
• Special Guests "BUZZY & Lola"
• Space Rental only $25 / Commercial Space $50

www.StaffordEvents.org or 540-242-8939 for more information

On August 3, 2011 President Obama signed into law the Restoring GI Bill Fairness Act. As of October 1, 2011 the VA funding fee will be reduced for all first time and subsequent users. The benefit to Active Duty Military as well as Reserve and members of the National Guard is a significant reduction in the VA funding fee. This is exciting news as the savings makes a VA loan now more affordable than ever!
The VA funding fee is an important part of the VA loan approval process and is required on all VA loans with one exemption. Any veteran receiving VA compensation due to a service related disability and designated at least 10% disabled would be exempt from paying the funding fee.
The amount of the VA funding fee required depends on the amount of your down payment as well as whether or not you have used your VA home loan benefit previously. It is also dependent on whether you served in active duty, the reserves or the National Guard. For Loan Limits for your area click here.

First Time Users:

Subsequent or Repeat Users:

For VA Guaranty Calculations Examples

Oh by the way...
For our VA purchaser I can do a loan with no money down, up to $829,000. Rates are signifigantly lower and with my experience originating VA loans for over 14 years, you will see why I am "Your Hometown Mortgage Specialist". Feel free to call with questions.

On August 3, 2011 President Obama signed into law the Restoring GI Bill Fairness Act. As of October 1, 2011 the VA funding fee will be reduced for all first time and subsequent users. The benefit to Active Duty Military as well as Reserve and members of the National Guard is a significant reduction in the VA funding fee. This is exciting news as the savings makes a VA loan now more affordable than ever!
The VA funding fee is an important part of the VA loan approval process and is required on all VA loans with one exemption. Any veteran receiving VA compensation due to a service related disability and designated at least 10% disabled would be exempt from paying the funding fee.
The amount of the VA funding fee required depends on the amount of your down payment as well as whether or not you have used your VA home loan benefit previously. It is also dependent on whether you served in active duty, the reserves or the National Guard. To see the VA Loan Limits for your Area click here

First Time Users:

Subsequent or Repeat Users:

For More Information on the Guaranty Calculations

Oh by the way...
For our VA purchaser I can do loan with no money down up to $829,000. Rates are signifigantly lower and with my experience originating VA loans for over 14 years, you will know why I am frequently called "Your Hometown Mortgage Lay". Feel free to call with questions.