Archive for Home Buyers

First-Time Buyers Don’t Ask Their Lender Enough Questions!

Most first-time home buyers do not ask their lender enough questions so they miss out on the best deals. Before you meet with your lender sit down and make a list of questions. Ask your real estate agent what questions you should be asking. I always provide my clients with questions for their lender. Family […]

Posted by: najirashid on Tuesday, June 19th, 2012

Common First-Time Home Buyer Mistakes!

1. They don’t ask enough questions of their lender and end up missing out on the best deals. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. They don’t find the right agent who’s willing to help them through the home buying process. 4. They don’t do […]

Posted by: najirashid on Monday, June 4th, 2012

Free eBook “10 Mistakes Home Buyers Make!”

Many potential home buyers have downloaded my free eBook “10 Mistakes Home Buyers Make” and have told me how it saved them money on their home purchase. Here is the list of 10 mistakes you should avoid. Download the eBook, its free (you need Adobe Reader) and it could save you  money also. I look […]

Posted by: najirashid on Monday, October 24th, 2011

Homeownership Beats Renting in 3 Out of 4 U.S. Cities!

Trulia examined the cost of renting versus buying in America’s 50 largest cities  and found that buying is more affordable in 72% of major cities.  Three reasons buying a home has become more affordable in 72% of major cities than renting . 1. Rental prices have increased.  The rental market has become flooded with homeowners […]

Posted by: najirashid on Tuesday, October 11th, 2011

Home Buyer Seminar With Harbel Housing Partnership!

I will be presenting for Harbel Housing Partnership tomorrow October 6th at the Towson Library from 6:00pm- 9:00pm. Harbel is a great non-profit housing counseling organization that educate first-time home buyers. I’ve  been presenting for them for 8 years. If you would like to attend one of their workshops please give me a call at […]

Posted by: najirashid on Wednesday, October 5th, 2011

Have You Heard Interest Rates as Low as 3.5%!

I thought interest rates would be around 5% towards the end of 2011 and heading towards 6%. I am glad to see I was wrong. Because of the lack luster growth with the economy, and low consumer confidence, interest rates have been kept low.This is a good thing for potential buyers. Would you rather finance […]

Posted by: najirashid on Tuesday, September 27th, 2011

Now is a Good Time to Buy!

A recent survey backed by the National Association of Home Builders (NAHB) found that Americans see beyond the immediate housing market to the enduring value of homeownership which still remains essential to the American dream. The Chairman of NAHB reported that 75 percent of those polled said owning a home is worth the market fluctuations […]

Posted by: najirashid on Thursday, June 23rd, 2011

Spring Market Has Arrived!

Spring is here and the real estate market is beginning to heat up! Programs for first-time home buyers are in full bloom. I am beginning to see a few multiple offers on really nice houses. Here is a spring cleaning item you can do to get prepared. Get preapproved before you go house shopping. On […]

Posted by: najirashid on Monday, April 18th, 2011

FHA Extends ‘Anti-Flipping Waiver’ to Speed Sales of REO Homes

The Federal Housing Administration (FHA) announced Friday that it is extending the suspension of it’s ‘anti-flipping rule’ through the remainder of 2011. FHA Commissioner David Stevens says the temporary waiver will accelerate the resale of foreclosed homes in neighborhoods that are overrun with abandoned properties and blight. The move is intended to help stabilize home […]

Posted by: najirashid on Friday, February 4th, 2011

Federal Home Loan Bank (FHLBank) Funds are Available up to $7,500 Towards Down Payment and Closing Costs!

Starting yesterday January 2oth, Federal Home Loan Bank (FHLB) funds became  available again. This first-time home buyer program (FHP) provides matching funds to qualified first-time home buyers. The FHP match contribution is 5-to-1. Specifically, for every $1 of contribution the home buyer provides; FHLBank will provide assistance, up to a maximum of $7,500. To receive the maximum contribution […]

Posted by: najirashid on Friday, January 21st, 2011