Ellen Adam's Blog

Ellen Not me,  but famous "Ellen",  has a few marketing tips , lets hear....Bend Oregon,  the first one, is  2 hours from me. I like this one Marketing is an important aspect of every home for sale. Ellen Degeneres finds a few marketing tips that we could all learn from in her REAL Real Estate a...

Temporary Interest Rate Buydowns: How to use to sell OR to purchase a home A Temporary Interest Rate Buydown occurs when funds are set aside by a third party to subsidize the Borrowers' payment in the early years of the mortgage Why use Temporary Interest Rate Buydowns? Sellers - Houses sell much...

I thought this was a very important blog that needed to get out there. It used to be we would see Conventional Loan limits raise every year , well not for the last 2-3 yrs. in this economy.  LoansByEllenToday, Fannie Mae announced that the conventional mortgage loan limits will remain unchanged i...

What You NEED to know about appraisals and were too afraid to ask! What is it all about?  In a nutshell, this form asks for more information about market trends, supply and demand, marketing times, prior listings, etc. Why would you care?  Because... Lenders are being pickier than ever and YOU ca...

 ~ ~ Military & Certain Federal Employees Get Home Buyer Tax Credits until June 2011 ~ ~ ~ A little known provision of the Home Buyer Tax Credit bill that became effective on November 6, 2009, is that certain Military Personnel and Foreign Service employees have an EXTRA YEAR to purchase a home a...

Reverse Mortgage Basics Reverse Mortgages have been around for many years, and are becoming more and more popular.  The word 'reverse' is used because they work the exact opposite as a regular mortgage works - instead of borrowing money for a house and paying it back over multiple years, the Rev...

LOW money down - NO appraisal needed!!! Make the dream of homeownership come true with the Fannie Mae HomePath® Mortgage Program How it works: 3% minimum down payment—owner occupied. Gifted funds OK. No appraisal required. No monthly mortgage insurance. 10% down payment on non-owner occupied. 6%...

November 2010 Not every community qualifies-but if it does, it's the best thing since sliced bread!  Check your listings to see if the property location qualifies http://eligibility.sc.egov.usda.gov. Generous household income limits also apply and you can check them out at this link as well. 100...

10 Fees You Shouldn't Be Paying Awareness and planning will help you avoid these unnecessary charges.By Cameron Huddleston, Kiplinger.com It's easy to overlook fees when they're just a couple of bucks. But even the small ones quickly add up. However, most of the time you can avoid being nickel a...

Reverse Mortgage To Improve Retirement Cash Flow As the American population is reaching retirement and they want to improve their cash flow, reverse mortgages are becoming more popular.  There are mistakes being made while considering a reverse mortgage however, and below are a few examples: 1) W...