FHA Loans
FHA loans are made through an approved lender and insured by the Federal Housing Administration. They are a great fit for buyers with low to moderate income and limited savings. The loans offer down payments as low as 3 percent and have flexible income, debt and credit requirements to help qualified borrowers. In addition, FHA loan down payments and closing costs may be funded by a gift, grant or secured loan. Other features of FHA loans that may help you include the choice of predictable fixed-rate payments or adjustable-rate products and the ability to assume over the seller's existing mortgage, including the interest rate, if it is to your benefit. Just this year FHA loan limits were expanded. Ask a mortgage consultant about additional details.
VA Loans
VA Loans are made by an approved lender and guaranteed by the Department of Veterans' Affairs. Qualified veterans, army reservists, active duty service members are eligible for VA loans (check with your regional VA office to see if you are eligible). These loans feature low or no down payments, debt, income and closing costs guidelines. Qualified buyers can purchase with little or no money down and get home financing even with less-than-perfect credit history.
One of the main benefits of a fixed-rate loan is that your monthly principal and interest payment will not change, no matter what happens to interest rates. However, that does not mean that your monthly mortgage payment will remain the same thru the entire term of the loan. Why? Because your monthly payment includes more than just the principal (P) and interest (I). It also includes taxes (T) and insurance (I) for which payments can and will vary from year to year.
If you mortgage payment includes your property taxes and insurance premiums, your lender will put these funds in an escrow account from which they will make the tax and insurance payments on your behalf. But as taxes and insurance premiums rise (and, occasionally, fall) the pro-rated amount in your monthly mortgage payment will need to adjust periodically. So, if you notice any changes on your monthly bill, check the inflow and outflow of funds to your escrow account to ensure your obligations are being met.
In this sad time of many people losing jobs and homes and many foreclosures in the market, people are feeling desperate. I've worked a few short sales in the last few months and it is heart breaking. Families that have already struggled for months trying to balance it all and finally giving up and letting it all go. Unfortunately, they don't fully understand the idea of the "short sale". For all the consumers out there looking for a way out from under the house payments and trying to find out information on "short-sales", please remember that you're not off the hook. Just because you're late and the bank has decided to allow you to find a realtor and try to sell your house as a short sale it doesn't mean you and the house have parted ways for good.
A short sale is a forced sale of a property where the owner is one or more payments behind on the mortgage loan and the bank has agreed to try and sell for whatever they can. Usually the bank will try to get as much as possible hopping to collect enough to cover the loan obligations. However, if the borrower has more than one loan, or they borrowed a lot more than the house is worth at the time, it is not possible to collect much. The consumer thinks that "that is no skin off his back" and it is the bank's loss. Yes and No. It is the bank's loss at the time, however, when tax time comes, you, the consumer will be charged a tax on that loss the bank suffered. If your house sold for $10,000 less than what you owed the bank, the bank will send you a 1099 MISC at the end of the year showing that you had an additional $10,000 income that you will have to pay taxes on. (the forgiven debt, it's not really forgiven)
What can you do? Don't quit taking care of the house if you can. Keep cutting the lawn, keep the house clean, try to fix any minor problems if you can to help the house sell faster and for the most amount of money. The more it sells for, the less money you'll owe on taxes at the end of the year. So, please remember, it's not over, till it's over.
Are you a fishing fan and either live in the Clarksville TN, Ft Campbell KY area or are planing to move here? My husband and children love to go fishing, so I thought I'd share some information on this subject with other friends out there that like to fish as well.
Fishing Licenses for residents can be purchased by:
Type of license:
Non-Resident Fishing Licenses:
Fishing licenses go on sale on February 18 each year and are valid through the last day of February of the following year. You can purchase most licenses from country clerks, sporting good stores, hardware stores, boat docks, or TWRA website www.tnwildlife.org.
Where would you go fishing in our area?
Are you a fishing fan and either live in the Clarksville TN, Ft Campbell KY area or are planing to move here? My husband and children love to go fishing, so I thought I'd share some information on this subject with other friends out there that like to fish as well.
Fishing Licenses for residents can be purchased by:
Type of license:
Non-Resident Fishing Licenses:
Fishing licenses go on sale on February 18 each year and are valid through the last day of February of the following year. You can purchase most licenses from country clerks, sporting good stores, hardware stores, boat docks, or TWRA website www.tnwildlife.org.
Where would you go fishing in our area?
 |
|
|
Your connection to real estate service in Clarksville, TN and Ft. Campbell, KY You will start with a Realtor and end with a Friend! If you need to buy, sell, rent, or invest - call me! I do it ALL!
Real Estate is my passion! It's what I love to do! ... and everyone knows if you do what you love, you do it right, and you do it well! I work with customers of all levels: buyers, sellers, investors! I enjoy spending time with them and helping them accomplish their real estate goals! I am a long time resident! I have lived in the Clarksville, Ft Campbell area for over 14 years and have acquired valuable knowledge about the area and its residents, as well as, the growth and development of Clarksville Real Estate.
Customer Service is my #1 priority! If you are looking to buy, sell or invest in Montgomery County, TN, Clarksville, TN or Ft. Campbell, KY areas, I'm at your service! Feel free to give me a call, e-mail me at melig@topproducer.com or visit my website at www.ClarksvilleTopProducer.com for additional information or up to date listings of these areas.
Selling or buying your home is one of the most important decisions you will make in your life. As Your Realtor, it is my job to guide you through this complicated process, from beginning to end. My goal is to get you maximum value with the least amount of headaches possible, and within YOUR time frame! Your satisfaction is my main goal! I treat every one of my customers if they were my only customer! Integrity! I believe very strongly in Integrity - in doing the right thing! Real Estate is a customer oriented business and as such, it is very much dependent on referral and return business. When we treat a customer right, it comes back to us, and when we treat a customer wrong, it still comes back to us. I believe in giving all customers full attention and service, listening to their needs and wants, helping them resolve all situations within my expertise and always going the extra mile for that special touch in every case!
I specialize in Listing and Selling Residential, Multi-family, and Investment Properties. I work with all levels of buyers and sellers, be that a first time home buyer with no experience in the real estate market and needing every piece of information they can get to make sure they make the right decision, ... , or be it an experienced buyer that has purchased a home before and is looking to upgrade to a bigger or luxury home, or an investor purchasing several properties per year needing to get the best deals and the best tax shelters for their investments.
I am e-PRO certified, I am a member of CAR (Clarksville Association of Realtors), TAR (Tennessee Association of Realtors), NAR (National Association of Realtors), REALTOR.org, Real Town, and a member and subscriber of the local MLS. Membership in these organizations helps provide me with educational material to improve my skills and also up to date information to pass on to my customers. Professional Results with a Personal Touch! Whatever your reason for being in the Real Estate market, if you are looking to purchase in Clarksville, TN, or anywhere in Montgomery County, TN, please, give me a call, e-mail me or visit my website at www.ClarksvilleTopProducer.com for additional information or up to date listings of these areas. I worked for many years as a marketing director for a big company and that experience, combined with my passion for Real Estate gives me the perfect balance to provide great service to both buyers and sellers. I have many years of experience in using all-media advertising, be it print advertising: newspapers, magazines, direct mailing campaigns, door to door farming and everything in between; internet based advertising: websites, e-mail campaings, internet lead capturing and such; local TV and radio advertising; and any other unusual and out of the box ads that do not fit in any of the above categories. How does that benefit YOU, my future client? If you are a Seller, I'm sure you get it! Your house will be listed and shown in anything and everything that is available for use, making it possible for many potential buyers to have fast and accurate information in hand. That in return will sell your house fast, for the most amount of money and in the least amount of time. If you are a Buyer, you will be able to access these listings in any media you wish to use for your research in finding the house of your dreams. You will also be able to communicate with me and receive additional information however it is easiest and most convenient to you: e-mail, telephone, or fax, web links, video clips, and more. Isn't that a wonderful service to the clients?! In today's lifestyle, we all crave information and we want it here and we want it now. Well, I will be able to provide that for you in the way, form and shape that you need it! I am e-PRO Certified! What does that mean? When you're on the Internet looking for a home, you don't have time to waste on endless searches for useful real estate information. You want to get things done quickly and without hassle. So chances are you'd like a real estate agent who: This is what an e-PRO is! It is a REALTOR that has gone thru many hours of training to complete a special program, endorsed by the National Association of Realtors that provides them with the knowledge and the right tools to do real estate online. e-PROs are more likely to have access to the latest Internet utilities, making your life easier. These tools may include: The result: you get more information, more easily. With electronic files, you have less paperwork to deal with. And since I use mainly e-mail, you can even eleminate phone tag. As an e-Pro, I streamline your entire transaction, from showings to closing.
Clarksville-Montgomery County is a growing community located in Middle Tennessee, directly off of I-24, approximately 40 miles northwest of Nashville and approximately 250 miles from the population center of the United States. We are within a day's drive from 76% of major U.S. cities. The Nashville International Airport is approximately 45 minutes from Clarksville. Serving an average of 23,300 passengers daily with 424 arrivals and departures, the airport provides nonstop or direct service to 84 cities.
As the fifth-largest city and the third fastest growing county in Tennessee, 
Clarksville-Montgomery County, TN is experiencing tremendous growth. New schools, a new hospital, and new residential developments are exciting current events in this area. Montgomery County has profited from communication and mechanical technology with a growth in population and industrial expansion. No longer dependent upon an agriculture base, the county has become an important transport, industrial, retail, and professional center with numerous recreational facilities. Today, Clarksville, county seat of Montgomery County, is Tennessee's fifth largest, and third fastest growing city, behind only Nashville and Memphis.
And, even though new developments are taking place, 
Clarksville-Montgomery County still maintains that closely knitt community feel that is steeped in history and heritage. Visitors and residents alike can experience history and tradition through area attractions, unique architecture, and a variety of festivals and entertainment events that take place year round.
Clarksville has a mild climate with 4 distinct seasons. This great climate and the low cost of living are only a few of the reasons why over 100,000 residents call Clarksville-Montgomery County home. Whether you're planning a visit for an event, building a business, or relocating your home, Clarksville-Montgomery County is an excellent choice!
For more news in and around Clarksville visit any of the following websites: Tennessee Encyclopedia of History and Culture.
Clarksville offers 25 parks and five community centers for recreational opportunities. The city also provides seven community pools and several recreational sports leagues. Special Programs and events are coordinated during the year for all ages. The Summer Program is just one of the programs offered by the department. A six-week program that provides safe and entertaining recreational activities for all ages 6-16, the Summer Program is free and is hosted at 13 sites around the area. Water sports are abundant in Clarksville and Montgomery County. Whether you enjoy water skiing, jet skiing, fishing or just cruising the river, the area offers a beautiful setting for fun in the sun. The area's Cumberland River was named one of the top catfishing spots in the U.S. by Field & Stream.
One of the key factors in Clarksville's growth is the relationship it has with adjoining Fort Campbell, Kentucky, home of the 101st Airborne Division (Air Assault). The 101st Airborne Division is one of the most powerful and prestigious divisions, having made a name for itself during World War II as the Screaming Eagles in Bastogne, Market Garden, Holland. Today, the highly trained soldiers of the 101st are the world's only Air Assualt Division. The 101st participates in peacekeeping and humanitarian missions at home and abroad. Over 30,000 soldiers and 55,000 family members call Fort Campbell home. The installation manages the records of some 4,000 civilians, with approximately $2.5 billion per year, making it the largest employer in both Tennessee and Kentucky.
Clarksville has a wide base of recreational venues that satisfy many sports enthusiasts' needs. Heritage Park, one of the state's top soccer sites, has eight fields and is host to several statewide and regional soccer tournaments. The complex is the site for recreational league play, as well as a number of area tournaments.
Clarksville is home to Austin Peay State University, one of Tennessee's 
outstanding public universities. With its beautiful, park-like campus, APSU is adjacent to Clarksville's central business district. Founded in 1927 and named for native son Gov. Austin Peay, APSU is a progressive university, offering high-quality undergraduate, graduate, and pre-professional programs.
APSU offers:
Constructed in 2002, the 180,000-square-foot Sundquist Science Complex is one of the South's premier science education facilities. With more than 40 "smart" classrooms, state-of-the art labs and wireless Internet access. It also features a zoological museum, herbarium, interactive TV classroom and the Robert F. Sears Memorial Planetarium . With a price tag in excess of $38 million, it represents the largest capital appropriation ever in Tennessee for a single classroom building.
Dear Mrs. G,
Thank you so much for taking care of me and helping me with the house. I know it wasn't easy to make this happen with me being in Iraq, but you did it! It took some time and I almost gave up on it, but you gave me hope and kept my faith. You've done right by me Ma'am. If any of the soldiers here needs any help with buying a house, I will make sure they call you, cause I know you'll take good care of them. Thanks again for all you've done for me!
MSG Dion D.
Battalion Operations Seargeant
129th Combat Sustainment Support Battalion (CSSB)
Iraq
Start with a Realtor, and end with a Friend!
Hey Ms G,
I just wanted to say thank you so much for taking care of me while over here. I really do appreciate the hundreds of e-mails and many, many pictures you sent till we got the right house. I felt like I had another mother looking after me. You made sure I got all that I needed done and answered all my questions, even the not so smart ones. When I get back to the States, my first visit will be to come see you at the office and thank you in person for all your hard work! (and thanks for reminding me about my first payment. we lose truck of time here)
SGT D. Reiley
HHC 3rd BD
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
