Monday, January 12, 2009

Mortgage Loans to be Had

Yes, there are mortgage loans that are available to the everyday home buyers like you and me. In spite of what the media wants you to believe, all mortgage lending has not disappeared. FHA loans are plentiful, and you only need 3.5% down payment. Often the seller will cover most of your closing costs which means you will have very little out of pocket cash needed.


General Rules are:

Down Payment 3.5% of sales price

Seller maximum contribution to closing costs 6% of sales price

Credit scores as low as 540 qualify

2 years verifiable employment required.

US Citizen or US residency card required

Competitive fixed rates



So if you want to take advantage of these fantastic property prices - give us a call. Our lenders will make sure you you do not loose out on this opportunity to own your dream home. Call us today and let one of our consultants discuss your opportunities.






RSP International Realty
954--632-5514

Monday, January 5, 2009

New Home - Hot Deals






Developers have been hard slammed by the bursting real estate bubble as well. Many of the projects and new construction home started, permitted and financed prior to the the crash are now a burden on their books. Construction loans are coming due, interest rates are eating away at their profits and cities are pushing to finalize permits. All this leading to a great opportunity for home buyers. Many of these developers are offering fabulous incentives to move these properties off their books. From extensive upgrades to zero closing costs, developers are becoming quite creative in their offering. Some have been seen to offer a 2 year lease on a high end automobile.



What does this mean to you the buyer? It means you can get a fantastic brand new home, with extensive upgrades, at a fabulous low price. Why buy a foreclosure that can cost you thousands out of pocket for repairs when you can own a brand new home, ready to move in?



Yes, financing is available. FHA, conventional, foreign national loans, even investor financing is at very low rates.



Ready to take advantage of these great deals? Call us today and our team of real estate consultants can find you the perfect deal on a fabulous new home. Call today at 954-632-5514 or visit our website at http://rspirealty.com/