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Taunton Area Real Estate- Keller Williams Realty/Lincoln Team 
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0 comments • Lori Lincoln- Taunton to Attleboro MA Rehoboth, Dighton, Swansea, Attleboro • June 26 2009 08:39AMI hope that downpayment doesn't stop you from buying.. you can still buy with 100% financing, but not many lenders are offering this program, and several agents aren't even aware of it. It is very much alive in most of our rural areas.. read on!
I have had manytransactions where the buyer has utilized 100% financing options through the United States Department of Agriculture. I believe that this is the best loan available for single family properties in rural communities. Some of the features that have made this loan increasingly more popular are:
1) Low Fixed Rates
2) No Monthly Mortgage Insurance
3) No Reserve Requirements
4)The ability to do escrow hold backs for failed septics.
5) Lender orders the appraisal directly
6. Down to 600 credit score
As of April 20th the income limits have changed. Families with 1-4 members in Bristol County can make up to $84,150. Families of five or more can earn up $111,100 and still qualify for the loan.
Not all mortgage lenders offer this loan. Contact me today and I will put you in touch with a few lenders that are approved by USDA who offer this program and to see if you qualify. 508-878-0917. email: lorilincoln@kw.com
" If you never take any shots in life.. you WILL miss 100% of the time"
If you are looking to buy in any of the following areas.. Dartmouth, South Dartmouth Westport, Acushnet, Swansea, Dighton, Rehoboth, Berkley, Rochester, Plymouth, Wareham, Mattapoisett or Freetown call me today. And Please don't hesitate to contact me if you have any questions regarding this e-mail or any other real estate question.
FREE MLS Search: http://bristolcountyhometeam.com
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Lori Lincoln is an educator and consultant to buyers and sellers and is associated with Keller Williams Realty. As your trusted source and market leader in Bristol County Massachusetts, Lori puts her clients interests first and produces results for them.
Lori Lincoln
Keller Williams Realty
http://LincolnTeamRealEstae.com
Taunton Area Real Estate- Keller Williams Realty/Lincoln Team
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0 comments • Lori Lincoln- Taunton to Attleboro MA Rehoboth, Dighton, Swansea, Attleboro • June 25 2009 06:47PMI heard this statement today " There are 2 buyers now for every property" and now I know how to communicate this news to the sellers, buyers and agents that may not be aware:
Did you know that there are now 2 buyers for every house on the market? Yes, the buyer and the bank. We can prevent what we can predict. And yes homes get sold if we prepare all parties with the following information:
1. Title 5- Did you know that now the title 5's are scrutized by the underwriters at the bank? Did you know that if the system passes, and it is older, some banks won't accept an out of date plan.. the Title 5 inspector's new design is sometimes acceptable, sometimes though requires an engineer?
2. Appraisals- Even if an appraisal comes in at sales prices, the appraisals are reviewed, reviewed, reviewed by the bank and sometimes even 2nd and 3rd appraisals. Deals are being thrown on appraisals. Sellers sometimes think the buyer would be willing to pay the difference. I know I wouldn't buy a house that was over-valued, and most people wouldnt' The "unique buyers" are virtually non-existent.
3. FHA guidelines- always have been strict- but a great review- FHA and other government loan programs have strict safety guidelines, mandatory pest inspection/treatments, mandatory handrails, asbestos removal mandates, and more.
With all of the strict lending guidelines, we as a real estate community are still out selling homes. Transactions are occuring successfully if you prepare ahead. Most homes are sold within 95% of asking price.
Over-priced homes listed have a slim chance of being viewed by buyers.Buyers' agents educate their buyers. Buyers are looking for value to supercede price, and they really want to buy, not negotiate. This is why 20% of the homes on the market WILL sell. 80% won't.
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Lori Lincoln is a Realtor with Keller Williams Realty serving Bristol County Massachusetts including Taunton, Rehoboth, Dighton, Seekonk, Assonet, Freetown, Lakeville and surrounding cities and towns. Lori Lincoln consult and educates her clients, helping them achieve their home buying and selling goals.
You Can Reach Lori at 508-878-0917 or emal lorilincoln@kw.com
http://LincolnTeamRealEstate.com
Keller Williams Realty
Taunton Area Real Estate- Keller Williams Realty/Lincoln Team
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2 comments • Lori Lincoln- Taunton to Attleboro MA Rehoboth, Dighton, Swansea, Attleboro • June 18 2009 07:21PMThe perfect storm, interest rates are below 6%, homes are very affordable, some parts of Bristol County where you can own a home for less than what you pay for rent! Now first time buyers can take advantage of the $8000.00 tax credit, if they purchase before December 1,2009.
Don't miss this opportunity, I've never seen it so good for buyers. Interest Rates are likely to rise over time. If they go up, you could price yourself out of the market.
As you know, I believe in educating my buyers...and sellers alike. If you are a first time home buyer, you can get this book for free by contacting me via email or by phone.
Call me or send me an email request to get this book for FREE!
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Lori Lincoln, of Keller Williams Realty
educates and consults her buyers and sellers in making the right decision on home buying and selling. Lori serves all of Bristol County MA and surrounding cities and towns including: Assonet, Berkley, Taunton, Rehoboth, Norton, Lakeville, Middleboro, Easton, Fall River, Dighton, Raynham, Easton, Swansea, Somerset and more
Looking to sell? Find out what your home is worth go to http://www.LincolnTeamRealEstate.com
email: lorilncoln@kw.com
phone: 508-878-0917
I am never too busy for your referrals.
Taunton Area Real Estate- Keller Williams Realty/Lincoln Team
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0 comments • Lori Lincoln- Taunton to Attleboro MA Rehoboth, Dighton, Swansea, Attleboro • June 14 2009 06:32PMWoW! What a month! May was an extremely busy month for me and many agents in my area. Three of my listings had multiple offers.. I never thought I'd see this again.
It just proves a point.. 80% of the homes on the market are priced out of the market 20% will sell in a timely manner. There are homes IN the market.. then there are homes that are just ON the market.
Buyers appreciate homes in great condition, nicely located real estate that is priced fair.
The $8000.00 tax credit with great interest rates for buyers has also helped. Higher end homes do not seem to be moving as quickly.
Stay tuned for the May 2009 Market reports which I will post this week for Assonet, Berkley, Taunton, Rehoboth, and Somerset.
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Lori Lincoln is a Realtor serving Bristol County Massachusetts and surrounding cities and towns. Lori Lincoln consult and educates her clients, helping them achieve their home buying and selling goals.
You Can Reach Lori at 508-878-0917 or emal lorilincoln@kw.com
http://LincolnTeamRealEstate.com
Keller Williams Realty
Taunton Area Real Estate- Keller Williams Realty/Lincoln Team
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1 comment • Lori Lincoln- Taunton to Attleboro MA Rehoboth, Dighton, Swansea, Attleboro • June 07 2009 07:48PMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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