homeowner
New Safety Net for Unemployed Homeowners
May 7, 2009 by Jim Bigelow · Leave a Comment
New Safety Net for Unemployed Homeowners
Car dealerships everywhere are blaring the incentive of payment protection plans, offering to cover car payments up to an amount for a certain period of time, should a borrower lose his job.
First Mortgage Company has launched a similar initiative on April 28, 2009.
The company will pay homeowners’ monthly loan payments for up to six months if the homeowner becomes unemployed within the first two years of the loan.
The program, Job Loss Payment Protection, covers payments of up to $1,800 per month, if one of the signers on the loan loses his or her job.
“Home prices are affordable, interest rates are the lowest they’ve been in decades, and first-time buyers get an $8,000 tax credit,” says George Akers, executive vice president of First Mortgage Company. Akers says the only reason people may not buy now is fear of losing their jobs — although, most industry insiders say fear of unemployment, albeit an overwhelming concern, is just one cause of hesitation for potential homebuyers in the current economy.
Nonetheless, Job Loss Payment Protection offers a safety net for those whose main drawback to homeownership is the fear of job loss.
The program is available to all new First Mortgage Company customers applying for FHA, VA, and USDA loans. The program covers the monthly loan principal, interest, taxes, and insurance. First Mortgage said it hopes the program serves as a tool for Realtors and builders to help sellers provide added value to their home and buyers feel more secure in their decision to purchase a home.
Job Loss Payment Protection is available at all locations in greater Colorado Springs, Colorado; Boise, Idaho; Omaha, Nebraska; Tulsa and Oklahoma City, Oklahoma; Amarillo, Dallas-Fort Worth and Eagle Pass, Texas; and Puyallup, Washington.
FOR MORE DETAILS CALL ME TODAY!!!
918-496-2241 x230
Jim Bigelow Bigelow Group Realtors 918-640-4657
www.jimbigelow.com jim@jimbigelow.com
Coldwell Banker Select
homeowner
Hire a Professional Real Estate Agent Jim Bigelow 918-640-4657
January 10, 2009 by Jim Bigelow · Leave a Comment
Hire a Professional Real Estate Agent Jim Bigelow 918-640-4657
A qualified, competent real estate agent will help you navigate the myriad of decisions that arise when buying and selling a home. An agent provides value to the homeowner in many ways:
- Pays for all marketing and advertising costs.
Adds experience and expertise in all aspects of the sales process including marketing, financing, negotiations and more.
Handles all showings.
Brings a network of known, trusted real estate professionals. If your agent doesn’t have the answer, he or she likely knows someone who does.
Always has your interests in mind so you always have someone on your side.
Can handle and advise on all price and contract negotiations.
Provides you with all the possible options and opportunities without holding back.
Gives an unbiased, realistic view of your home and your options. Unlike buyers and sellers, an agent has no emotional attachment to property.
Has the knowledge to help you ask the right questions.
Being a third party, potential buyers are more likely to tell your agent the truth about your home, even if it is unflattering. This objective viewpoint will help you make the necessary changes to get your home sold.
Your time is valuable. A real estate agent allows you to spend your time how you want.
OUR TEAM IS HERE TO HELP YOU AND ANSWER ANY QUESTIONS YOU AMY HAVE.
Jim Bigelow 918-640-4657
www.jimbigelow.com jim@jimbigelow.com
Coldwell Banker Select
