Check out all the new gorgeous modern home design style, in the link below.. 

 

https://www.pinterest.com/source/home-designing.com/

http://www.pinterest.com/pin/512354895084032171/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 http://www.century21.com/real-estate-information/kissimmee-fl/LCFLKISSIMMEE

Feb 12, 2015

Lease with the right to Purchase a Home Program!!

Posted by: Gary Halls

Feb 1, 2015

How to Build a Winning Home Buying Team!

Posted by: Gary Halls

Buying a home is a huge milestone – especially if you are buying for your first time. Although buying a home is exciting, there is a lot to keep track of and manage. It’s imperative to have a solid team behind you. Aside from having an excellent real estate agent to guide you through showings and the closing process, there are other essential people that you should have on deck.

Visit blog.century21.com

Meet your home buying team:

1. Real estate agent: Your agent will help you research the homes that cater to your needs, negotiate with the seller, and help you find the rest of your home buying team. (Learn more about how your agent can help you.)

2. Lender: If you’re purchasing a home, you will most likely need a loan. Your lender can come from your bank, mortgage company, credit union, etc. Once you apply for a loan the lender will then decide if you qualify.

3. Home Inspector: An inspector will make sure that the home you hope to purchase is in good shape. Even if the seller has already had the home inspected, it’s a good idea to have someone else double-check and triple-check.

4. Appraiser: An appraiser will determine a “fair price” for the home by evaluating the home and comparing it to similar homes on the market. It is best to have an appraiser come before you negotiate with the seller.

5. Attorney: Your attorney will write contracts, settle any disputes, and review all documents before the closing.

6. Escrow officer: An escrow officer takes care of everything happening during escrow—the amount of time between when the purchase contract is signed and the date of the closing. The officer works for both the buyer and seller. Their main job is to hold onto all the documents and money during escrow, making sure that everything is taken care of.

With a team of professionals to take you step by step through the process, you’ll have a very positive home buying experience so that you can enjoy what matters most – your new home.

Recommended Reading:

-Open House Advice for Buyers

-On the Road Again: The Ultimate Moving Checklist

-We Asked, You Answered: Advice for First-Time Homeowners

Sep 26, 2014

1st Time Buyer - How To Buy A Home With A Low Down

Posted by: Gary Halls

Purchasing a home with a low down payment is important for a number of reasons, including the buyer's ability to have extra cash left over for closing costs, decorating expenses, upgrades and/or other essentials needed to turn their new house into a home. Thanks to the level of competition between mortgage lenders, it's now easier than ever to buy a home with a low down payment.
 
First-Time Homebuyers
 
There are a lot of perks to being a first-time homebuyer, including the ability to get in the door with a low down payment. Many lenders will ask for a down payment as low as five percent (three percent for FHA loans) to those looking to purchase their first home.
 
A first-time homebuyer is someone who has rented their previous home(s) or has never purchased a house on a permanent foundation. Individuals who have owned manufactured homes may also be eligible for a first-time homebuyer loan, but the final decision is up to each individual lender.
 
FHA Loan
 
This type of loan is guaranteed by the Federal Housing Authority (FHA) and allows for a smaller down payment than many conventional loans. In addition to offering down payments as low as three percent of the total purchase price, FHA loans often carry lower interest rates and are easier to qualify for. This type of loan is ideal for first-time homebuyers, individuals with past credit problems or even those who wish to purchase a second home.
 
Provide Your Land As Collateral
 
If you own the land that you intend to build on, many lenders will use the land in place of a down payment. In other words, you build a house on the land that you already own, and the lender gets both if you default. This is why individuals who own land often choose to build, while using the lot in place of a big down payment. In addition, many lenders are more willing to approve a loan if the land is already owned by the buyer.
 
Owner Financing
 

When a seller lists their home, they have the option of considering owner financing. In this situation, a buyer provides a down payment to the seller and signs an agreement to pay for the home (plus interest) over a preset number of years. Owner financing typically requires a lower down payment, which can be any amount that the buyer and seller agree to. Because there is no bank qualifying and no credit check, a seller can extend the offer on any terms that they wish.

 

If you would like to know more, on First Time Home Buying, Home Loans, or Financing!!

 Please feel free to contact me at any time!!

Gary Halls


Century 21 Carioti
A Pinnacle Quality Service Award Winning Office
1650 Sand Lake Road, Suite 107
Orlando, Florida 32809
Cell: 407-873-3593
Office: 407-770-0322
Fax: 407-770-0350
Email: Gary.Halls@Century21.com
http://www.century21.com/real-estate-agent/profile/gaded solely for delivery to and authorized use by the addressee(s) ide take
ed to be taken in reliance upon it, is unauthorized and may be unlawful. If you have receivedry-halls-10967484
 


 

Jul 16, 2014

Mortgage Credit Certificate (MCC) Program

Posted by: Gary Halls

MCC, provide the income eligible for first time home buyer, with an opportunity to reduce the amount of federal income tax, and the homeowner can claim up to 50% of their paid mortgage interest each year. Click on the link below for more information on MCC programs eligibility,  Feel free to inbox me with any question.

https://apps.floridahousing.org/StandAlone/MCCReservations/MCCInfo.htm

Jul 7, 2014

Types Of Home Loans

Posted by: Gary Halls

Types Of Home Loans
If you are in the market for a new home, it's important that you know what type of loans are available to you. Whether you have perfect credit, a few financial blemishes or are just starting out in life and want to own a home, understanding your options will prove to be invaluable during your house hunting excursion.
Fixed Rate Mortgage
A fixed rate mortgage is one of the most popular home loans and is commonly available as a 15 or 30 year term. Because it offers the borrower an assurance that both the principal and interest will remain the same throughout the term of the loan, a fixed rate mortgage is ideal for many.
Adjustable Rate Mortgage (ARM)
An adjustable rate mortgage, also referred to as an ARM loan, is one in which the interest rates adjust according to the current market. This means that interest rates can either increase or decrease at regular intervals, based on established market indexes.
Call me today for a free appointment. 407-873-
Interest-Only Mortgage
An interest-only mortgage is one that requires the borrower to pay interest only payments for a preset number of years during the loan term. After that initial period, the monthly payments will then adjust to include both the principal and interest remaining on the loan.
Balloon Mortgage
A balloon mortgage is a loan that requires monthly payments that do not completely repay the loan. At the conclusion of the balloon term, a large lump-sum payment is due to pay off the balance of the loan.
FHA/VA Loan
An FHA and/or VA loan are mortgages that are guaranteed by the government. An FHA loan is easier to qualify for than a conventional mortgage, requires a lower down payment and is guaranteed by the Federal Housing Authority. A VA loan, which is for veterans only, is guaranteed by the Veteran's Administration.
Construction Loan
Construction loans are available for borrowers who are purchasing or building a newly constructed home. These loans, which are offered at either fixed or adjustable rates, require slightly more paperwork and inspections than a conventional mortgage.
No Income/No Asset Verification
A no income/no asset verification loan simply means that the borrower will not be required to verify their income or assets in order to obtain a mortgage. With this type of loan, the borrower typically must have excellent credit and may be required to provide a down payment that's equal to 20 percent or more of the total purchase price. Although this type of loan is called a no income/no asset verification loan, the borrower may be required to show proof of both, but the information will not be verified by any other means.
Owner Financing
Many homebuyers, especially those with a limited or poor credit history, prefer to seek owner financing when purchasing a new home. Because there is no credit check, buyers will not be judged for past credit problems. In addition, owner financing may offer a low down payment requirement and competitive interest rates