Jon Griffith | Realty Executives

Friends and Family, I am urging you to consider the demise of down payment assistance programs which will make it very difficult for new home buyers to own.  Currently the down payment assistance programs will be eliminated on October 1st, 2008.  This means that if you have not made an offer on a home and [...]

I frequently find myself in conversations with people who are unaware that they could in fact purchase a home.  There is a misconception that homes come with more bills than apartments, and that owning a home locks you in to living in one place forever.  Ownership doesn’t mean you’ll incur additional expenses if you choose [...]

Believe it or not, even though you may have heard that lenders have tightened their grip on loans, as long as you meet the conditions of your lender and the Fair Housing Administration, it is very possible to buy a home with nothing down.

What?
The concept is rather simple. When you sell something for less than the amount that is owed, you are selling it short of the full amount.
Why?
Lenders became opportunists during the past few years and decided that they would irresponsibly lend the full value of homes to nearly anyone without proof of income. In [...]

Before the internet existed, the process would have occurred in a different order. You would have first sought out your real estate professional, then you would have begun searching for a home. This is still happening today, but now you have the ability to find the home you love on your own. [...]

What You May Need For The Loan Application

Be prepared to provide some or all of these items to your loan officer.

Addresses of residences for the last two years

Social Security Number

Driver’s License or Valid ID

Names and addresses of employers for last two years

Two recent pay stubs showing year-to-date earnings

Federal tax returns for last two years

W-2’s for [...]