i received some great feedback from my first, first time homebuyer seminar that i held in my office a couple of weeks ago. i also have another coming up on thursday, march 25, 6:30 – 8:00. see further details below the kudos;
“Your presentation last night was so great….I hope you continue to do it, I bet it will be very helpful in hooking up hopeful buyers with what seems like a great team of resources! I’m impressed with your knowledge, not to mention your great marketing sense…I am always so excited to meet innovative business people who work smart to get the word out about their services.”
Diane Pirritino
“Thank you so much for allowing me to attend the first time home buyer seminar at your office last evening. I thought it was fantastic. Though I was generally familiar with the home buying process, the format of your program, with the individual speakers, gave me a much better understanding of exactly what happens, why, and by whom. I also think it’s great that you’re doing the podcast and radio show, both from the educational aspect, and for marketing.”
Elizabeth Quinn
“Thanks again for offering that seminar. It was really great. Some stuff we knew, some we didn’t. Plus it’s a great way to get in touch with the professionals out there. I hate to have to go to people that I’m not the least bit familiar with. And overall it was inspiring.”
Mariah Williams
here’s the info for the next seminar, i hope to see you there!
the next seminar is scheduled for thursday, march 25, 2010 from 6:30 – 8:00pm w/ wine, cheese, and healthy snacks.
this seminar is FREE. seating is limited and reservations are required. please email david@residerealestate.com to reserve your spot today!
march’s topic is “first time home buyer’s seminar”
we will be discussing all things related to purchasing your first home including;
- how do i work with a real estate professional
- how do i obtain financing?
- what is the escrow process all about?
- what happens during a home inspection?
we will have 4 guest speakers discussing their field of expertise;
- david doucette, licensed real estate broker and owner of reside real estate
- mortgage broker
- escrow officer
- home inspector
what will happen when the homeowner tax credits expire?
that’s a question i have been pondering for a few months. the people i have talked to believe there may be a wait and see period for many would be buyers after the credits expire and homebuying may slow a little bit, but no one really knows. the latest on the tax credits is, if you have an transaction under contract by april 30, 2010 and it closes by june 30, 2010, you can qualify for the tax credit.
i came across a good article at palletenterprise.com (of all places) that addresses this same topic and also gives some great insight and also lays out a couple of different scenarios based upon unemployment, which is improving, and the role of FHA loan requirements, to name a few. you can read the full article here.
i’d love to hear how you think the housing market might be performing later this year. what are you noticing in your neighborhood?
last minute reminder for my first time home buyer seminar this thursday night, 6:30-8:00 pm. i have a few seats available. i’ll be discussing the role of the agent, who pays the commision, discuss the 4 stages of the buying process, and talk about the local market on the westside of los angeles.
i’ll also have mortgage broker, dean piller, discuss different financing options, as well as provide an overview of the loan funding process. heidi smith from la citiwide escrow will be discussing the escrow process and john larocca of larocca inspections will be discussing the home inspection process. more information can be found here, seminar.
please RSVP to 310.391.9191 or david@residerealestate.com
this is a post about an article i’ve been sitting on for a couple of months but i think it is as applicable today as it was when it came out at the end of last year. the article, courtesy of u.s. news, describes 10 things to look for in the real estate market in 2010. here they are;
1. prices to bottom
2. mortgage delinquencies up
3. foreclosures move upstream
4. mortgage rates to rise
5. buyer’s market remains
6. modification plan could be modified
7. FHA lending standards may increase
8. tax credit available through june
9. markets will vary a great deal by region
10. mobile maps can help
the most interesting item to me is item #4, mortgage rates to rise. mike larson of weiss research states that because of “the unwinding of this Fed program, the improving economy, and mounting concern over government deficits could push rates on 30-year, fixed mortgages to roughly 5.5 percent by mid-2010 and close to 6 percent by the end of the year, almost all signs to me point higher.” this is a great reason, along with item #8, tax credit available through june, to consider purchasing a home in the next couple of months. you can read the full article by clicking here.
if you need assistance with any part of the home buying process, including finding a great lender, feel free to email me at david@residerealestate.com.
the 30 year fixed rate mortgage fell below 5% last week for the third time this year which is great news for those of you considering purchasing soon or those of you considering refinancing your current mortgage. one of my favorite news sources, marketwatch, reported the news on february 11. you can read the full article here.
please contact me if you need help in obtaining financing as i have three great referral sources that i use.
welcome to the new reside real estate website! i’ll be adding content over the next few weeks to populate the pages and i am very excited to be launching “the reside realtor” online radio show in the coming weeks as well. you can leave feedback on our voicemail listener line at 1.800.476.5579 or email me feedback@residerealestate.com. i look forward to hearing from you.
