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OVER 50 AND TECH-SAVVY 2: RU?

If you’re over 50 and don’t own at least a cell phone or a computer, this article is for you. Love it or hate it, technology helps you connect with friends, family and information no matter what age you are. You need to participate. Continue reading

June 23, 2011 Posted by | over50 | , , , | Leave a comment

9 Reasons To Buy A House Now Palmdale / Lancaster

 

At RE/MAX All-Pro we pride our selves on being Real Estate experts and are always researching the current housing market. Below is an article from Forbes with some important information we’d like to share with you. If you have any questions don’t hesitate to give us a call at 661.945.9461or visit our website REMAXALLPRO.COM

9 Reasons To Buy A House Now

Image by AFP/Getty Images via @daylife

If you’re planning to buy a house right now, the next few months may be the best time to buy. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. Here’s nine real estate trends that suggest you should get into the housing market sooner than later. (To learn more, check out 5 Sunny Real Estate Markets To Watch In 2011)

TUTORIAL: How to Buy Your First Home

1. Lowest Housing Prices in Years
Nobody knows when the housing market will hit bottom, but prices are at their lowest in several years and may soon start inching back up again. So buying now or in the near future may be the right time. An abundance of bargain-priced housing is now available because of foreclosures and falling prices.

2. Interest Rates at a 50-Year Low
Interest rates are near a 50-year low, according to housing analysts. By the second week of May, 2011, 30-year fixed mortgage rates had fallen to their lowest rates of the year at 4.63%. Although mortgage rates vary from day to day, the 30-year rate at this level is an attractive inducement to first-time buyers, or buyers who want to either move up to larger residences, or others, including many empty-nesters wanting to sell and move to smaller houses or condos.

 

3. Interest Rates Expected to Go Up
As the economic recovery gains momentum, interest rates are expected to increase, making mortgages more expensive. Even a half-percent increase in mortgage interest can add a hundred dollars or more to your monthly payments, depending on the amount of your loan. (To learn more about interest rates, read Forces Behind Interest Rates.)

4. Adjustable Rate Mortgages at Record Lows
Adjustable Rate Mortgages (ARMs) are also lower now, although there are risks that interest rates may increase over the life of the mortgage and the balloon payment due at the end of the mortgage life, usually three or five years, could be substantial. Nevertheless, for new buyers who are sure they’ll have enough income to meet payment obligations, an ARM may be the best way to buy a house. Keep in mind that payments may increase on a monthly basis. For a full explanation of advantages and risks in an ARM, visit the federalreserve.gov.

5. Low Down Payment Mortgages Available
Low-down-payment financing through Federal Housing Administration-insured mortgages is available as an additional inducement to buy a house now. Down payment minimum requirements also fluctuate and may increase as the market heats up, so potential buyers with less cash to consummate a deal may be well-advised to buy now. 

6. Easy to Qualify, Easy to Borrow
Lending standards have become less rigid recently, so qualifying for a mortgage may be easier. Experts advise that a potential buyer become pre-approved for a loan by a lending institution – meaning that a lender guarantees to make the loan contingent on an appraisal of the property. But the good news in seeking pre-approval is that lenders are now willing to let a potential buyer take on more debt than the previous formula allowed – a percentage of monthly income. (For more on getting a cost effective mortgage, see Score A Cheap Mortgage.)

7. Lenders Offer No-Fee Mortgages
Many banks and other lending institutions are waiving mortgage loan generation and other fees and points (each point represents 1% of the loan amount), thereby reducing the cost of buying.

8. Home Builders Eager to Sell, Offer Incentives
Home builders, competing with the resale market, are offering incentives to potential buyers to reduce their inventory of unsold new homes. Incentives may include cash for furniture or free refrigerators, washers and dryers. In Seattle, for example, builders have offered opportunities to win iPads or Smart phones, and $3,000 buyer bonuses. Specific demographic groups, including military personnel, police, firefighters and health-care workers, have been targeted by builders for special offers. But virtually anyone who can qualify for a mortgage is likely to get a good deal from a homebuilder who is eager to sell.  

9. Motivated Home Owners Desperate to Sell
Desperate sellers of existing homes have also been offering attractive inducements to potential home buyers, including warranties on appliances, air conditioners and furnaces. Some sellers are even offering cash or have included furnishings, refrigerators, washers and dryers as a bonus to potential buyers. With so many existing homes in foreclosure or underwater – bargain prices are abound in this depressed market. (For help on buying a house, read Top Tips For First-Time Home Buyers.)

The Bottom Line
With a convergence of the factors above, all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It’s a buyer’s market, but like everything else in life, the bargain deals won’t last. (To help determine if it is the right time to buy, read Are You Ready To Buy A House?)

READ ON:

10 Reasons You Shouldn’t Skip A Home Inspection
5 Reverse Mortgage Scams
Why There’s No Such Thing As A Bad Real Estate Market

June 23, 2011 Posted by | AV Real Estate, av short sale, buy a home lancaster, buy a home palmdale, buy a house lancaster, buy a house palmdale, Re/Max All-Pro | , , , , | Leave a comment

GROUP THREE–CHILDRENS ADVENTURE STORIES ON NOOK, KINDLE, iPAD, SONY AND SMASHWORDS.COM

 

THE PROMOTION OF BOOKS

 

The goal of authors is to have their books read, and even better, published, with the purpose to receive royalties.  Since I have so many of my children’s eBooks under the name Felix Mayerhofer in Kindle, Nook, iPad, Sony, smashwords.com and many other eReaders, I’ve decided to write a description (synopsis) of each of my eBooks.  To make it easier I’ve included the URL for your own particular eReader listed at the bottom.

 

 

THE ANCIENT ONES (Age Level – 5-10) – How can a tribe of cliff dwellers teach Songbird a rain dance when the tribe doesn’t exist?  Wearing a sacred Katrina Mask given to him by the same mysterious Indians, Songbird demonstrates the spiritual dance to his own people shown to him by the “Ancient Ones.”  The outcome brings great joy and relief to his tribe.

 

CHIQUITA THE FEATHERLESS CHICK (Age Level – 4-8) – This story about a baby chick adopted by a loving Mexican family, especially Mama Gomez, will make you both laugh and cry. The little ones will especially enjoy the story and go “peep-peep-peeping” all around the house.

 

THE LITTLE HEROINE (Age Level – 4-10) – Years of possible bondage at a secret silver mine for the men of a village in old Mexico is thwarted from an unlikely source.   The outcome for the kidnappers is not what they’d expected, as the bravery and heroics of a little girl called Maria comes into play.

 

eReaders

KINDLE– http://www.amazon.com/s/ref=ntt_athr_dp_sr_1?_encoding=UTF8&search-alias=digital-text&field-author=Felix%20Mayerhofer… OR write in FELIX MAYERHOFER
NOOK– http://productsearch.barnesandnoble.com/search/results.aspx?store=E… OR write in FELIX MAYERHOFER
SONY READER– http://ebookstore.sony.com/search?keyword=Felix+Mayerhofer OR write in FELIX MAYERHOFER
SM ASHWORDS.COM — http://www.smashwords.com/books/search?query=Felix+Mayerhofer OR write in FELIX MAYERHOFER
iPAD—Write in FELIX MAYERHOFER

June 23, 2011 Posted by | AV Best Children's Books | , , , , , , , , , | Leave a comment