88 DAYS LEFT FOR THE $8,000 LAS VEGAS FIRST TIME HOMEBUYER'S TAX CREDIT
Team Ratliff - Weekend Report – September 4,
2009
LAS VEGAS INTEREST RATES ARE DOWN THIS WEEK.
Below 5% on most loans!! Rates are at a three-month low.
Pending home sales jumped this week to a two-year
high.
The tax credit
expires on November 30, 2009, if not extended. If you do not close
escrow by this date, you will be ineligible for the $8,000 tax
credit. You should allow 30- 45 days to close escrow
today. This means you want to be in contract by October 15,
2009.
WEEKEND RATES - PLAN ON AROUND:
4.875 % (APR 5.129) FOR A
30 YR FIXED CONVENTIONAL LOAN (OWNER OCCUPIED OR SECOND HOME) with 1.125 points
, NO ORIGINATION FEE!
4.875 % (APR 5.096) FOR A 30 YR FHA / VA LOAN, WITH
.750 POINTS, NO ORIGINATION FEE!
5.500 % (APR 5.763) ON A 30 YR JUMBO
LOAN OVER $417,000 with 1.125 POINTS, NO ORIGINATION FEE!
5.000 %
(APR 5.244) ON A 5 YR JUMBO ARM OVER $417,000 with 1.000 POINTS, NO ORIGINATION
FEE!
6.000 % (APR 6.260) ON A 30 YR INVESTOR (NON-OWNER OCCUPIED)
LOAN UNDER $417,000 WITH 20% DOWN with 1.000 POINT, NO ORIGINATION FEE (720 mid
score)!
5.375 % (APR 5.636) ON A 30 YR INVESTOR LOAN (NON-OWNER OCCUPIED)
UNDER $417,000 WITH 25% DOWN with 1.125 POINT, NO ORIGINATION FEE (720 mid
score)!
Las Vegas Home Loan Modification has become the solution of choice for people
facing unaffordable mortgages and foreclosure, but as the market for
mortgage assistance grows, the number of misinformed homeowners is also
rising steadily. A lot of people enter Las Vegas loan modifications with serious
misconceptions, and end up making the wrong decisions, based on
inaccurate information.
For FREE 24 Hour Pre-Recorded Information
Call 1 (800) 893-0233 ext #140
You can stop the Las Vegas foreclosure process. It’s true that your chances
dwindle the longer you wait, but until your home is auctioned off, no
one can really kick you out. A Las Vegas home modification can stop the process
as close as seven days before the sale date.
For FREE 24 Hour Pre-Recorded Information
Call 1 (800) 893-0233 ext #140
Your lender would benefit from a Las Vegas home loan modification as much as you.
In some cases, foreclosure is the more practical option. But according
to a Tower Group study, lenders lose substantial money with every
foreclosure, and are required to increase their reserves in addition.
The banks already own too many Las Vegas foreclosure properties and have too many
non-performing loans on their books. They would much prefer to adjust
your mortgage to something affordable and convert your loan into a
performing asset. Don’t be intimidated by threats of foreclosure.
For FREE 24 Hour Pre-Recorded Information
Call 1 (800) 893-0233 ext #140
Las Vegas home Loan modifications really work, but they take time and the
right expertise. Depending on how far behind you are, the process can
take anywhere from one to three months. But since it stops the
foreclosure process, you won’t have to worry about losing your home
while the modification is under way. If you submit your paperwork on
time and cooperate with your lawyer, you can speed up the process and
avoid complications.
For FREE 24 Hour Pre-Recorded Information
Call 1 (800) 893-0233 ext #140
Your credit score don't matter. Standard requirements vary from
lender to lender, but the bottom line is that the Las Vegas loan modification
should make financial sense to your bank. Your credit rating doesn’t
have anything to do with it. Your lender will want proof that falling
behind was a temporary snag, and that you can afford to stay on track
if they do modify your loan. This means you have to have a job and a
valid proof of hardship. You don’t need to disclose your credit rating
in most circumstances.
A Las Vegas
loan modification is an agreement made between a lender and a homeowner
where the rate and terms of the original loan are restructured without
the process of a full refinancing.
How We Help
We utilize staff attorneys in order to negotiate a beneficial Las Vegas loan modification on your behalf.
Our Attorneys
Our
Legal Team has over 10 years of real estate and financial law practice,
including financial negotiation along with complex litigation
experience.
Success Stories
‘My
interest rate had turned adjustable and increased to 9.125%. There was
no way I could make the payments. I tried to speak to my lender
directly but they would not help me. In addition, my wife was pregnant
and the bills were mounting. Then I heard about iModification Loan Services.
Within weeks of applying my loan was modified. My rate was lowered to
5% and they put over $20,000 in past due payments on the back of the
loan. Thank you iModification, solving my loan problem has truly
changed my life. - Senando A., Sacramento, CA
iModification
is the leader in loan modifications. Our attorneys have modified over
1,000 loan in the last 9 months. We appreciate your business and invite
you to “See the difference” with iModification. - Zachary Hamman, President
Las Vegas VA Loan
More than 27 million veterans and service personnel are eligible for VA
financing. Even though many veterans have already used their loan benefits, it
may be possible for them to buy homes again with VA financing using remaining
or restored loan entitlement.
Before arranging for a new mortgage to finance a home purchase, veterans should
consider some of the advantages of VA home loans:
Most important consideration, no
down payment is required in most cases.
Loan maximum may be up to 100
percent of the VA-established reasonable value of the property. Due to
secondary market requirements, however, loans generally may not exceed
$417,000 ($625,500 for loans in Hawaii, Alaska, Guam and U.S.
Virgin Islands). This figure is subject
to change each year.
Flexibility of negotiating interest
rates with the lender.
Las Vegas Foreclosure Workshop For Those Who Will Lose There Homes
Las Vegas Foreclosure Workshop For Those Who Will Lose There Homes and for those who have lost there homes will be held from 8:00 A.M. to noon Nov.1st. 2008 at 730 W. Cheyenne Road, Suite 130 and will offer advise from experts. Call 702-221-6224, ext. 1700, for more information.
Las Vegas homeowners facing foreclosure also can contact the these organizations for help:
D.R. Horton Las Vegas announced a price reduction on over 100 Las Vegas homes for the weekend of May 31 - to June 1. D.R. Horton Las Vegas has over 38 neighborhoods located in the Las Vegas valley. This sale is marketed as the "Great $#&?@! Price Sale". This will be a price reduction on all standing inventory of homes minus spiffs and incentives.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=53790354-6f90-4c09-bba4-b755a4244e3b)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=08df0a71-3a8c-49e5-a2ad-5ea5abe0aa47)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=42dc44ba-9d04-4949-a582-3bf247690aa3)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=f2a20737-d4da-47b1-8a15-d3c4416d6bec)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=156be170-4711-4ffd-87ae-1cae61932e3f)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=4fd55467-fd7c-46c8-b6c6-31139a54075c)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=ce3546c6-9cdc-4335-b488-95d97c9b3194)
