Shop your Mortgage

Seems today that the whole world is on sale. Use this to your advantage particularly if you are shopping for a mortgage. Banks and lending companies are working hard for your business and there are many incentives that are being offered that consumers need to research, understand and seek out. On the market today there are a tremendous number of incentives that continue to pop up each day for first time home buyers plus with the $8000 tax credit there are few downsides in making your first home purchase. It is not uncommon for financial institutions to offer special incentives for educators and many financial institutions are offering special programs in an effort to get consumers to invest in real estate. Even if you have been with a financial institution or particular lender for your previous transactions be sure to protect yourself and compare a number of lenders in order to find the right program or incentive package best suited to meet your needs. If we can help recommend so competitive banks and mortgage brokers to assist you with your transactions please give us a call today and let us help.
Check out our site at Tega Cay Home Values for more information

Could it be your time to buy?

If you think you are ready to become a homeowner ask yourself the following questions.
1. Have you researched the market? Knowing what homes are selling for in the area can help you determine how much you should plan to spend.
2. Do you have sufficient savings to cover down payment and closing costs? Expect to have 3% - 20% of the sale price in the bank to cover your down payment, plus another 2% - 7% to cover closing costs.
3. Do you know how much home you can afford? A mortgage payment should not exceed 25% of yur gross monthly earnings. A home that sucks up more than a quarter of your income may lead to financial difficulties.
4. Is your credit report accurate? Inaccuracies on a credit report can cost you higher interest rates. Request your credit report from all three nationwide credit bureaus and report mistakes immediately.
If you answered yes to all these questions - you're ready to consider buying! Let The Guilliams Team help you find your dream home today!

First Time Home Buyers Credits .soon to be over

Now more than ever is the perfect time for first time home buyers to seriously consider real estate as an investment. Interest rates are at incredible lows and with the $8000.00 tax credit program you will never have a better opportunty .If you have been renting and are in a position to make your first home purchase it may be one of the most sound investments you will ever make. To assist you with understanding some of the programs available check out the attached link and if you would like to speak to knowledgeable real estate professionals who can help answer your questions contact The Guilliams Team today.
http://www.facebook.com/ext/share.php?sid=118806965336&h=MiMng&u=DesZ9&ref=mf

Realistic Expectations

It is definitely a buyer's market, but if you don't have realistic expectations as either a buyer or a seller this can be a disappointing time. Due to the current state of the economy homes are selling for as a high a price as they may have a couple of years ago. Having said that, if you are selling and buying you need to remember that even though the house may not sell for the price you are hoping you can recoup on the buyer side of the transaction and end up purchasing more house than possible a couple of years ago. Be realistic with your expectations and take the emotion out of the deal. Understand the market in your area and understand that the goal is to offer fair deals to buyers and sellers. Many people trying to sell their home will believe their home is worth a certain amount without performing due diligence to determine the true value of the home. This is where a realtor can be an excellent resource in gathering comparable information for one to consider as well as helping to determine the right price for the transaction. If you are considering selling your home or buying a property give us a call and let us help insure you are getting the best value.
For more information contact The Guilliams Team