Chris Whitehead's (hbexperts) Blog

By
Real Estate Broker/Owner - HomeBuyer Experts
RECENT BLOG POSTS
National Association of Exclusive Buyer Agents Press Release Here is an excerpt from the latest NAEBA press release that I found very insightful. Pay close attention to the statistics on appreciation and foreclosures. Working with an EBA offers more than a dedicated representative. Data validate...
01/01/2010
New RESPA rules take effect January 1st RESPA (Real Estate Settlement Procedures Act) is a consumer protection statute that is designed to aid homebuyers during the home buying process and help them become better shoppers while protecting them at the same time. It outlaws things like “kickbacks” ...
12/23/2009
Many Real Estate Closing Costs ARE negotiable. A proper bid program can save thousands of dollars in both the long and short run. The role of the HBE Mortgage Advisor is: 1. Has a second informational meeting to discuss your OTHER purchase. (We at HBE feel that your mortgage loan is also a purcha...
04/02/2009
Don’t wait, buy now! I know it sounds like a pushy salesman trick taught on every car lot in the country…”It might not be here tomorrow!” But when it comes time to making a home purchase, there is never a better time than right now! Let’s preface that with a couple of things. 1. You must get your...
03/30/2009
Be aware of the costs associated with purchasing a home! Think it's bad to pay tax when you eat out? Wait until you're paying closing costs, which can run 2 to 7 percent of the home's purchase price. A mortgage lender should provide you with a good faith estimate of what costs will be. Keep in mi...
03/30/2009
The following was taken from an email received directly from OHFA. OHIO FIRST-TIME HOMEBUYER PROGRAMEffective 03/02/2009 @ 12:01am Mortgage Rates            5.625% for loans without 2.5% assistance grant          6.125% for loans with 2.5% assistance grant            5.375% for Ohio Heroes withou...
03/02/2009
We are in historic low times for interest rates. There have been few if any markets that were this attractive to buyers in terms of both selection and housing prices. Warren Buffett says “the rear view mirror is always clearer than the windshield.”. And if you are a first time buyer add together ...
03/01/2009
 Don’t spend money on any “Big Purchases,” (over a couple of hundred dollars), while you are trying to buy a home!!    This is a big no-no! The reason for this is that if you are getting a loan, at the last minute before the lender funds your loan they may pull your credit again and if your credi...
03/01/2009
When the Real Estate Settlement and Procedures Act went into effect in 1974 cosumers got a simplified process as well as a protection from abusive lending practices. The purpose that RESPA has according to HUD's web site is 1. to help consumers become better shoppers for settlement services by re...
02/21/2009
As the economy struggles to come back into balance, potential first time homeowners sometimes need a little boost to their cash flow. The OHFA down payment assistance grant may be the answer. The grant will raise the interest rate by 1/2 of 1% so homebuyers should consider the length of time they...
02/19/2009
Rainer
8,041

Chris Whitehead

local_phone(330) 826-1282
smartphone(330) 328-3170
Contact The Author