Today's Rates: January 19, 2009

Rates still look Good!

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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%

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30 YEAR FIXED (CONFORMING LOAN RATE)

          INTEREST RATE: 5.25%

                    APR: 5.466%

        MONTHLY PAYMENT: $800.70

           PAYMENT TERM: 30 YEARS

            LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

           DOWN PAYMENT: 20%

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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%

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15 YEAR FIXED (CONFORMING LOAN RATE)

          INTEREST RATE: 5.125%

                    APR: 5.494%

        MONTHLY PAYMENT: $1,156.12

           PAYMENT TERM: 15 YEARS

            LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

           DOWN PAYMENT: 20%

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30 YEAR FIXED (FHA)

          INTEREST RATE: 5.5%

                    APR: 6.170%

        MONTHLY PAYMENT: $941.16

           PAYMENT TERM: 30 YEARS

            LOAN AMOUNT: $151,000

PREPAID FINANCE CHARGES: $1,700

     DOWN PAYMENT: 3.5%

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For More Valuable Real Estate Information visit:
http://freereports.annapolishomes4you.com/

Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc.
410-224-0660
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

I Just added a link to a great post on "Maximize purchasing power with a buy down" stop by my blog http://ping.fm/FKIxK

Maximize purchasing power with a buy down

My Friend Patricia Savani Just posted this great article.

In Maryland as with much of the country we have an over supply of inventory but now low interest rates may help us move our inventory. Maryland in spite of the negative national economic news still enjoys unemployment below the national trends with a rate of less than 6%. Maryland's major employers are the federal government, defense contractors, healthcare and education. Maryland for the 2nd year in a row was rated the richest state in the nation in 2008..... Check here for the rest 

For More Valuable Real Estate Information visit:
http://freereports.annapolishomes4you.com/

Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc.
410-224-0660
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

Mistakes Sellers Make

Mistake #8: Not working with a professional, full-time REALTOR®.

Want to sell your house quickly and for top dollar? Choose your agent wisely. Working with a full-time professional real estate agent is a must. Choose your agent by asking questions of him or her. Ask if they have a 30-DAY MARKETING PLAN to sell your house.

Choosing Your Agent Wisely:Any agent will show enthusiasm and will want to list your house for sale but choose your agent based upon

A. Experience at listing and marketing houses for sale.

B. Ability to use technology to market your house world wide to Buyers 24/7.

C. Reviewing with you a comprehensive Marketing Analysis of home sales in your area.

D. Ability to offer a written detailed 30-DAY MARKETING PLAN that will get your house sold at the highest possible price.

Working with a full-time professional real estate agent is a must. Choose your agent by asking questions of him or her. Find out how knowledgeable they are 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 to assist your new buyer with financing? A good listing agent can get your house sold quickly at TOP DOLLAR and help you find a new home.

For More Valuable Real Estate Information visit:
http://freereports.annapolishomes4you.com/

Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc.
410-224-0660
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

Mistakes Sellers Make

Mistake #7: Not planning your move early in the process of selling your home.

Keep in mind that moving can be overwhelming when not planned properly. Consider renting a storage facility for items not important for everyday living because that will also reduce clutter when showing your home. Take accurate inventories of what you have to move snd label things clearly so that you don't waste time in your new home going through box after box. Keep a file with all receipts for expenses occurred during the move, as many of these will be tax deductible. Be sure you have all these steps in place far in advance of the actual move date so you aren't running around at the last minute while trying to complete the sale 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
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

Mistakes Sellers Make

Mistake #6: Not pricing your home correctly.

This is an important step in the proper marketing of your property and an aspect that a highly skilled REALTOR® should take charge of. Listing the home at too expensive a price can lead to reduced showings. Pricing too low could lose you thousands of dollars.

For More Valuable Real Estate Information visit:
http://freereports.annapolishomes4you.com/

Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc.
410-224-0660
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

Mortgage Rates for the weekend of 1/17/09

Here are the rates for this weekend:
Conventional 30 year Fixed: 5.000 % 1.125 Pts Apr: 5.4917
5.250 % 0.625 Pts Apr: 5.7075
FHA\Va 30 Year Fixed: 5.000 % 0.750 Pts Apr: 5.5768
5.500 % 0.000 Pts Apr: 6.0268

Lewis H. Ivey III
Mortgage Consultant
Champion Realty Mortgage
MAC M4018-011
711 Bestgate Rd
Annapolis, Md. 21401
410.224.7134 Tel
410.224.3542 Fax
301.602.2536 Cell
lewisivey@championrealtymortgage.com
https://www.homeloans.com/wfhm/lewish-iveyiii

For More Valuable Real Estate Information visit:
http://freereports.annapolishomes4you.com/

Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc.
410-224-0660
www.AnnapolisHomes4You.com
PatOgle@AnnapolisHomes4You.com

While Past Performance is No Guarantee of the Future.
What Else Do We Have To Go By!

I just posted another great entry on my blog. Check it out at annapolishomes4you.blogspot.com.

Mistakes Sellers Make

Mistake #5: Believing you must be present for every showing of the home.

Many Sellers feel they must be an active part of every showing, not realizing that this can actually work against them. It's best to let your professional real estate agent handle bringing potential buyers through the house on their own. Buyers generally feel more comfortable to speak freely about the house when they are working only with their REALTOR®, whom they know and trust.

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?

Mistakes Sellers Make

Mistake #4: Ignoring health and safety issues.

Be straightforward and tell your REALTOR® about any problems with the property. Bear in mind that these problems will likely be discovered down the line, and it's best to take care of them before they become disputes or lawsuits. Note any potential safety hazards and pay attention to environmental concerns.


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?