MARKET MOOD

HAS IMPROVED DREAMS OF HOME OWNERSHIP

We also help create opportunities for the Savvy Investor to create Rental Income by investing in Single Homes or Multi-Units in many areas of our great country.

We are all in this Housing crunch together, and as a financial professional, it is my job to know what types of financial solutions are available for people that may be in a tough position. We give ordinary folks the ability to afford a Home and create Wealth that no one can take from them.

Regardless of how bad the Media makes it, here is the cold hard truth. Homes can only fall so far until Rental Yields become so fat and juicy that smart Money Investors step in and buy up the market in droves. That is already beginning to happen.

The market is such that there are wonderful deals to pick from so now is the time to look and pick the perfect Home for you. Many of the surviving Hedge Funds and Private Equity Groups are now raising BILLIONS of new Dollars and getting ready to pounce on distressed Real Estate.

There is still time for people who qualify for the Homebuyers program to get up to $8,000 that will not have to be paid back. If you qualify for the program, the Home must be Closed on or before November 30, 2009.

If you know someone who is renting….Please let them know about this GREAT/UNIQUE Opportunity to help them on their way to becoming a Homeowner.

Thousands of deserving folks just like you have achieved ownership of their “Dream Home” with the help of Amerisave.

As a Loan Consultant, I can serve your the Real Estate financing needs.

I’m highly committed to provide you, comprehensive loan solutions that will meet your long & short term financial plan goals & payment equity objective.

I have the training and knowledge to assist you in determining the best loan for YOUR needs. I will help you to make informed choices about your financing options which will ensure the best loan and payment program choice for you and your family.

It is a GREAT TIME to be buying a Home. The market is getting stronger every day and the deals on New and Pre-Existing Homes are incredible.  Please don’t hesitate to call me confidentially or pass along my name to a friend.

Lawmakers and businesses are calling for expansion of a Tax Credit for First-Time Homebuyers that has helped spark Home Sales in an otherwise dismal Real Estate Market. With the Tax Credit scheduled to expire in the fall, some business groups say the amount of the credit, now capped at $8,000, should be raised to $15,000 and applied to anyone who buys a Home.

The Credit, introduced in July 2008, was expanded in February as part of the Economic Stimulus Package. The proposals may face headwinds amid growing public criticism of Government spending to rescue the Economy and the widening Budget Deficit.  Some Economists say a Tax benefit is vital to spur Home buying and help stabilize prices.

Virtually every Economist/Governmental/Business Leader has stated that restoring health in the Housing Market is a requirement for the economy to regain its footing.  While various States have added their own Tax Credits to the Federal Tax Credit for First- Time Homebuyers, the Housing Market shows only the faintest signs of life.

While sales are not falling further, neither are they picking up.  Prices continue to fall in most markets.  The high end which had not been fully impacted until 2008 in most markets is now as quiet as it has ever been.  The nearly $800 billion of economic relief that was passed earlier this year has not had and will not have, much impact on the overall economy.  Much will not even find its way into consumer’s pockets until 2010 or later.

It is time for Federal and State governments to realize that should they want to stimulate the Economy, firing up the Housing Market is the place to start and that the remedies this far put in place are not sufficient to do so.

Current proposals:

 
A Senate Bill to expand the tax credit to $15,000 for any homebuyer regardless of income was introduced this month by Sen. Johnny Isakson, R-GA. It is co-sponsored by Senate Banking Committee Chairman Chris Dodd, D-Conn.  (Isakson was formerly the president of one of the nation’s largest real estate brokerage firms and would likely know more about what it will take to put a floor under the housing market)

A House Bill to keep the $8,000 credit in place until June 2010 and expand it to all homebuyers was introduced last month by Rep. Kenny Marchant, R-TX. It also would provide a $3,000 credit to homeowners who refinance.

Another Bill in the House, introduced by Rep. Eddie Bernice Johnson, D-TX, would extend the credit to all homebuyers through 2010.

 
The Business Roundtable, a consortium of CEOs from large companies, urged Congress this month to expand the Tax Credit to $15,000 and make all Homebuyers eligible.

I ask you to contemplate using Amerisave Mortgage and my many services. It would be an honor and a privilege to serve you in any capacity that you see fit.