REMAX IMPERIAL

1% CASH BACK TO ALL OUR BUYERS!!!!

How would you like to get paid at closing for buying your dream home in New York? At REMAX IMPERIAL , we want you to get paid for your efforts in finding that dream home. By actively participating in the search for your home, you save us time and money, and we want to pass those savings to you!   Why do we do this? Because with the internet, the consumer is involved more than ever before. Much of the research time realtor's have used in the past have been reduced or is now done by the buyer before contact.    Rebate Qualifications.   Register with us on this site.-Rebate are provided only for registered users of this site. Buyer to obtain a letter of pre-qualification from lender of Buyer's choice, prior to viewing homes for sale. Search for houses - It's easy to search for hosues for sale in our our web site with great tools to help you determine information about the house, city, schools, values, etc..., ; House tour. Once you have narrowed down that list of potential homes to a reasonable number , we setup a time to show you the homes.   For more information , please visit our website at www.bestrealtyny.com

after this week of crisis in the stock market and AIG being helped by the UNITED STATES government,

we need to understand that the MI companies, or mortgages insurances companies are in big trouble because the are the first one that put the money when a house defaults, and we all know that there are plenty of real estate foreclosure in todays market.

IF YOU ARE PUTTING 20 % OR LESS I would stronlgy recomend to go with and FHA LOAN THAN A REGULAR CONVENTIONAL LOAN because you don't have to deal with a private mortgage insurance company , you have to deal with federal insurance MIP , (mortgage insurane premium)

FHA is much better, you can put 3 % down ,

FHA is much better, you can purchase a home for a loan amount of $729,000 in NEW YORK.

ANY questions, please don't hesitate to visit REMAX IMPERIAL

DON'T FORGET

1 % CASH BACK TO OUR BUYERS!!!!!

If 4 of the biggest companies in the world are in trouble that someone had to take action in order not to collapse the us Economy!!! Fannie and freddie were saved by the us government.

Merrill was saved by bank of america, and now that Lehman Brother filed for bankruptcy , on my opinion , this is country is OFFICIAL in a recession .

There are many other financial institution that will go down do to the leverage power that they had which at one point it was almost 35 to 1, they had chance with 1 dollar save to use 35 dollars!!!!!!

This week the stock market will plunge , but there is good news!!!!!!!!!

with all this bad news there is something for real estate professional, that the 10 year note which is the one that determine our 30 year fixed mortgage in the US will go down drastically and that we our real estate clients will be able to pay a lower mortgage for the new home.

If you are interested in Buying or Selling real estate in New York , please don't hesitate to visit REMAX IMPERIAL for more information , and don't forget!!!

1% CASH BACK TO AL OUR BUYERS!!!!!

Most of the real estate professional (us) get really happy when see a commitment from a lender institution

, but we all know that a mortgage commitment in today's market is not 100% guarantee that is going to close!!!!, maybe because something that we don't talk about , which is MI , mortgage Insurance, Or Mortgage Insurance Premium.

Just because we get an automated approval from a bank there are always conditions in order for a file to be clear to. AND even tough we get all the conditions clear the bank has one more condition that says , subject to MI insurance coverage!!!!!!!!!!(MI IS USE FOR LOANS OF 80% LTV OR HIGHER, EXCEPT FHA WHICH IS FOR ALL LTV)

But with today's market the MI companies , their underwriting are really though, so even tough you get an approval from the bank you won't be able to get mortgage coverage and that means that this loan will never happen!!!!!!

that's why the way to go is FHA.

ANY QUESTIONS, PLEASE DON'T HESITATE TO VISIT LONG ISLAND REAL ESTATE EXPERTS

After this weekend of the federal Government taking over the two big mortgage giants we are seeing an interest rate drop of three eight of a point and it will continue to go lower

that is great news for all of us, specially for the new york real estate region, because that is where I'm working!!!!!!!

If interest rate drop 1% from 6.5% that it was 2 weeks ago to 5.5 % that will help us to server better our clients because they could have a cheaper monthly payment or they could get a better home than the one that we were looking at now.

ALSO , DON'T FORGET

"1 % CASH BACK TO ALL MY BUYERS" for all the new york buyers!!! call Remax Imperial and ask about our promotions.