Raymond & Debra Gravelle

Time is running out (68 days to be exact) to take advantage of the $8,000 GOVERNMENT STIMULUS MONEY for first time home buyers. The program expires Nov. 30th.

This means the home buying process must start immediately to close on the purchase before the deadline. Typical real estate transactions today are taking 45-60 days. That AFTER you have picked out your future home and lined up financing.

The first step in the home buying process is to get prequalified with a mortgage loan officer. We work with several and would be happy to connect you with them. Often the pre-qualification can take place with a phone call.

Time is running out fast to get your share of the stimulus money AND your own home to live in.

Feel free to give me a call to find what it takes to qualify, but hurry, call today. There is even a ZERO DOWN PAYMENT government backed loan program we can chat about.

REALTOR® Raymond 509.771.0027 cell/text

PS- If you get my voicemail it means alot of people want to learn about these programs. Just leave a message- I'm good about returning calls in a matter of hours or less.

www.MoveInMosesLake.com

As of 2009, Moses Lake Metro Area's population is 83,047 people. Since 2000, it has had a population growth of 10.59 percent.

The median home cost in Moses Lake Metro Area is $113,170. Home appreciation the last year has been -2.30 percent. Year to date Grant County is up 9% in appreciation.

Compared to the rest of the country, Moses Lake Metro Area's cost of living is 10.60% Lower than the U.S. average.

Moses Lake Metro Area public schools spend $6,648 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Moses Lake Metro Area.

The unemployment rate in Moses Lake Metro Area is 12.20 percent(U.S. avg. is 8.50%). Recent job growth is Positive. Moses Lake Metro Area jobs have Increased by 0.30 percent. Our job situation is improving because of employers like REC expanding.

Bottom line, Moses Lake and all of Grant County is a great place to live. Did I mention the 300+ days of sunshine.

Raymond & Debra Gravelle
"Team Up" with
RE/MAX Home Team Realty
(509) 771-9099 or (509) 771-0027
Raymond@searchmoseslakehomes.com
www.ServingMosesLake.com

We are hearing these reports of increases in numbers of homes being purchased.

Home resales in the U.S. rose in June for a third consecutive month, spurred by tax incentives,
lower borrowing costs and foreclosure-driven declines in prices. Purchases climbed 3.6 percent
to an annual rate of 4.89 million, stronger than forecast and the highest level since October, the
National Association of Realtors said today in Washington. Median prices fell 15 percent.

Lower prices, lots of inventory to choose from, record low interest rates, it just doesn't get any better for buyers.

Give me a call if you want to find out what it takes to purchase your next home.

--Raymond

Debra & Raymond Gravelle
"Team Up" with
RE/MAX Home Team Realty
(509) 771-9099 or (509) 771-0027
Debra@DialDebra.com
www.ServingMosesLake.com

When is a good time to refinance? The best time is when you can save money. Many lenders say that when there's a spread of 2% between the interest rate on your existing mortgage and the new one, this is a good time to refinance. Still, you must consider the costs of refinancing before you decide whether it's right for you.

If you are offered the opportunity to refinance at no cost, make sure there really are no hidden costs and that the interest rate is competitive. Some lenders will offer a no-fee refinance, but they don't offer the best rates.

Many homeowners take advantage of low interest rates to refinance and cash out some of their home's equity to:

* Buy a rental or other investment property
* Remodel their home, such as creating the dream kitchen they've always wanted
* Buy a vacation home on the beach or in the mountains
* Pay for college tuition for a family member or meet other special expenses
* Pay off credit cards or other debts.

Others want to refinance to convert their 30-year loan into a shorter-term loan, such as 15 years, thereby saving thousands of dollars in interest over the life of the loan.

If you would like additional information about the possibility of refinancing your home, or buying additional property, please call or email me. I would be happy to help you.

Debra & Raymond Gravelle
"Team Up" with
RE/MAX Home Team Realty
(509) 771-9099 or (509) 771-0027
Debra@DialDebra.com
www.ServingMosesLake.com

Certified Negotiation Expert
E-Pro Certified Professional