40 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 7.125%
APR: 7.335%
MONTHLY PAYMENT: $914.28
PAYMENT TERM: 40 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 4.75%
APR: 4.960%
MONTHLY PAYMENT: $756.39
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
20 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.0%
APR: 5.289%
MONTHLY PAYMENT: $956.94
PAYMENT TERM: 20 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
15 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 4.5%
APR: 4.862%
MONTHLY PAYMENT: $1,109.25
PAYMENT TERM: 15 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (FHA)
INTEREST RATE: 5.0%
APR: 5.645%
MONTHLY PAYMENT: $893.53
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $151,000
PREPAID FINANCE CHARGES: $1,700
DOWN PAYMENT: 3.5%
-----------------------------------------------------------------
Annapolis Real Estate and Homes for Sale in Anne Arundel County, Eastern Shore and Waterfront Homes, Properties in the Surrounding Counties of Maryland
Thursday, January 8, 2009
Finding the Right Real Estate Agent
7. Review with your agent the comparable sold prices in your neighborhood to establish your asking price.
Pricing is one, if not the most critical, aspect of selling your home. Take great care in choosing an agent that understands proper pricing strategies. The selling price should attract potential buyers to your home, net you the most profit, and reflect the current market conditions and the overall condition of your home. Be realistic and avoid agents who will overprice just to get the listing. Some agents will suggest a high dollar amount just to get you to list, while others will under price a home just so it will sell quickly.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Pricing is one, if not the most critical, aspect of selling your home. Take great care in choosing an agent that understands proper pricing strategies. The selling price should attract potential buyers to your home, net you the most profit, and reflect the current market conditions and the overall condition of your home. Be realistic and avoid agents who will overprice just to get the listing. Some agents will suggest a high dollar amount just to get you to list, while others will under price a home just so it will sell quickly.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Wednesday, January 7, 2009
Finding the Right Real Estate Agent
6. Ask what type of schedule the agent has planned for open houses. If the agent is merely putting a sign up on your lawn and holding open houses every Sunday, it will do little to sell your home. Look for an agent who has a developed marketing strategy to attract the best potential buyers to your open house. The open house should be just one part of a complete marketing system.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Tuesday, January 6, 2009
Today's Rates: January 02, 2009
40 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 7.375%
APR: 7.589%
MONTHLY PAYMENT: $940.84
PAYMENT TERM: 40 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.375%
APR: 5.593%
MONTHLY PAYMENT: $811.96
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
20 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.625%
APR: 5.922%
MONTHLY PAYMENT: $1,007.71
PAYMENT TERM: 20 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
15 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.0%
APR: 5.368%
MONTHLY PAYMENT: $1,146.66
PAYMENT TERM: 15 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (FHA)
INTEREST RATE: 6.0%
APR: 6.696%
MONTHLY PAYMENT: $989.98
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $151,000
PREPAID FINANCE CHARGES: $1,700
DOWN PAYMENT: 3.5%
-----------------------------------------------------------------
INTEREST RATE: 7.375%
APR: 7.589%
MONTHLY PAYMENT: $940.84
PAYMENT TERM: 40 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.375%
APR: 5.593%
MONTHLY PAYMENT: $811.96
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
20 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.625%
APR: 5.922%
MONTHLY PAYMENT: $1,007.71
PAYMENT TERM: 20 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
15 YEAR FIXED (CONFORMING LOAN RATE)
INTEREST RATE: 5.0%
APR: 5.368%
MONTHLY PAYMENT: $1,146.66
PAYMENT TERM: 15 YEARS
LOAN AMOUNT: $145,000
PREPAID FINANCE CHARGES: $2,000
DOWN PAYMENT: 20%
-----------------------------------------------------------------
30 YEAR FIXED (FHA)
INTEREST RATE: 6.0%
APR: 6.696%
MONTHLY PAYMENT: $989.98
PAYMENT TERM: 30 YEARS
LOAN AMOUNT: $151,000
PREPAID FINANCE CHARGES: $1,700
DOWN PAYMENT: 3.5%
-----------------------------------------------------------------
Thanks to Jamison Mullen
Home Mortgage Consultant
Champion Realty Mortgage
Office: 410-224-0600
Fax: 410-224-0632
Mobile 443-852-0519
Finding the Right Real Estate Agent
5. Ask what type of supporting staff the agent employs.
By employing an assistant or staff to handle the details of their business, the agent can spend more time servicing your needs and showing your house to buyers. Make sure you know how much time the assistant will spend handling the sale of your home. It is fine if the assistant handles the legwork and paperwork as long as the agent is there at the most critical times of the transaction.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
By employing an assistant or staff to handle the details of their business, the agent can spend more time servicing your needs and showing your house to buyers. Make sure you know how much time the assistant will spend handling the sale of your home. It is fine if the assistant handles the legwork and paperwork as long as the agent is there at the most critical times of the transaction.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Monday, January 5, 2009
Finding the Right Real Estate Agent
4. Ask how long the agent has been selling real estate and what professional organizations he or she belongs to.
As mentioned previously, the length of time an agent has been in the industry is not a sure-fire sign that they are a quality agent. An agent with two years of experience may be a top producer while an agent who has been in the business for more than a decade may only sell real estate part time. Also, take into account what professional organizations your potential agent belongs to. At a minimum, they should be a licensed real estate agent that belongs to the local real estate board and multiple listing service as well as the state and National Association of REALTORs. Additionally, look for agents who belong to local community groups and associations such as the chamber of commerce; they will have better networking abilities and can find more potential buyers for your home.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
As mentioned previously, the length of time an agent has been in the industry is not a sure-fire sign that they are a quality agent. An agent with two years of experience may be a top producer while an agent who has been in the business for more than a decade may only sell real estate part time. Also, take into account what professional organizations your potential agent belongs to. At a minimum, they should be a licensed real estate agent that belongs to the local real estate board and multiple listing service as well as the state and National Association of REALTORs. Additionally, look for agents who belong to local community groups and associations such as the chamber of commerce; they will have better networking abilities and can find more potential buyers for your home.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Sunday, January 4, 2009
Finding the Right Real Estate Agent
3. Ask how long it takes for the agent to sell a home on average compared to other agents in your area.
Just because an agent sells homes quickly doesn't necessarily mean they are selling them for top dollar. Look at what the asking price of the houses they have sold was as compared to the actual sales price. Ideally, your agent should sell homes quickly at or close to the asking price.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Just because an agent sells homes quickly doesn't necessarily mean they are selling them for top dollar. Look at what the asking price of the houses they have sold was as compared to the actual sales price. Ideally, your agent should sell homes quickly at or close to the asking price.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Saturday, January 3, 2009
Finding the Right Real Estate Agent
2. A good listing agent will have experience at listing, marketing and selling homes.
Ask how many homes they have listed and sold in the past six months. Look for an agent with not just experience, but the track record that reflects that experience. Many agents boast that they have been in the industry for a long time, but may only have five or six sales a year. Your agent should have not just a good record of listing homes, but actually selling them. That is your ultimate goal.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Ask how many homes they have listed and sold in the past six months. Look for an agent with not just experience, but the track record that reflects that experience. Many agents boast that they have been in the industry for a long time, but may only have five or six sales a year. Your agent should have not just a good record of listing homes, but actually selling them. That is your ultimate goal.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Friday, January 2, 2009
Finding the Right Real Estate Agent
Most people only sell a small number of homes in their lifetime. With such limited experience, how do you expect to be capable of maximizing your profits from your home sale? Many sellers make the mistake of assuming that all real estate agents are the same and list with the first agent who comes along. Not taking the time to research the agent who will list your house could cost you thousands of dollars.
Start the process by doing a bit of legwork. Ask your friends, relatives, and co-workers for referrals to good agents. Also, drive around town and look for agents with the most signs posted, ads, and marketing material in the market. Interview two or three agents to find out which one is right for you.
1. Ask prospective agents to send some information about themselves.
You can often get a good idea about which agents are the most professional by looking at their personal marketing material. If they don't have professional marketing material, how will they market your home? Track how long each agent takes to respond to your request. If they don't respond quickly and efficiently, assume that this is also how they will handle the listing of your home.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Start the process by doing a bit of legwork. Ask your friends, relatives, and co-workers for referrals to good agents. Also, drive around town and look for agents with the most signs posted, ads, and marketing material in the market. Interview two or three agents to find out which one is right for you.
1. Ask prospective agents to send some information about themselves.
You can often get a good idea about which agents are the most professional by looking at their personal marketing material. If they don't have professional marketing material, how will they market your home? Track how long each agent takes to respond to your request. If they don't respond quickly and efficiently, assume that this is also how they will handle the listing of your home.
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Thursday, January 1, 2009
Understanding Credit Reports
Anyone who has ever had a bank account, mortgage, credit card, car loan, or account with a retail store will invariably have a credit rating. Most information in your credit rating comes from companies you have credit with, as well as from certain public records such as tax liens, bankruptcies, judgments and lawsuits. It is important to know and understand your credit rating, how the information is compiled, and how it affects your ability to acquire a loan for your new home.
Credit reports are usually divided into five sections:
1. Your credit history.
2. Who has reviewed your credit history.
3. Information you have provided for the credit company.
4. Specific identification information about you.
5. Explanatory notes and comments.
Different states have different requirements and it is important that you check on what applies to you. There are three major credit-reporting agencies, Trans Union, Experian and Equifax. Your REALTOR® can recommend a reputable mortgage lender who has the reputation of providing excellent service and good rates. This lender will be able to immediately pull your credit report for your review and can make recommendations of how to make it better. The better your credit score, the higher your credit rating will be. Choose your agent wisely. Working with a full-time professional real estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about houses currently for sale in your price range and also of houses that have recently sold. Can your agent recommend a good lender that has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have a full understanding of what you are looking for to help you get the most home for the money?
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
Credit reports are usually divided into five sections:
1. Your credit history.
2. Who has reviewed your credit history.
3. Information you have provided for the credit company.
4. Specific identification information about you.
5. Explanatory notes and comments.
Different states have different requirements and it is important that you check on what applies to you. There are three major credit-reporting agencies, Trans Union, Experian and Equifax. Your REALTOR® can recommend a reputable mortgage lender who has the reputation of providing excellent service and good rates. This lender will be able to immediately pull your credit report for your review and can make recommendations of how to make it better. The better your credit score, the higher your credit rating will be. Choose your agent wisely. Working with a full-time professional real estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about houses currently for sale in your price range and also of houses that have recently sold. Can your agent recommend a good lender that has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have a full understanding of what you are looking for to help you get the most home for the money?
For More Valuable Real Estate Information visit:
http://FreeReports.AnnapolisHomes4You.com
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
410-224-0660
http://www.AnnapolisHomes4You.com/
PatOgle@AnnapolisHomes4You.com
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?
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