|Real Estate Agent||
|location_on Lake Arrowhead, CA — Cozy Cabins Relty|
|web Nannette Anders's Blog|
Hello my name is Nannette
I am a real estate professional with over 16 years of experience as a resident in the San Bernardino mountain community. I am a knowledgeable professional, committed, truthful, and honest, I pride myself with attention to detail and listen to my clients to understand their needs. I am a Realtor, problem solver,and Ngotiator.
My skills with lenders, inspectors, brokers, escrow officers, and all the other parties involved in a real estate transactions are an asset to my clients. My experience in contract negotiation, coordination of financing, move and relocation assistance, and short sales are skills that my clients expect. I stay informed on market changes, the latest news, trends and technology in our industry.
In addition to residential real estate in Crestline, Lake Gregory, twin peaks, Blue jay, Lake Arrowhead, Running Springs, Big Bear, and all surrounding mountain areas I specialize in resort properties, lakefront and lakeside homes, Understanding our mountain community marketplace and providing the kind of service that lasts a lifetime is my goal with every client.
Your Mountain Realtor
Proposal could drop mortgage rates to 4.5 percentThe U.S. Treasury Dept. is considering a plan proposed by the Financial Services Roundtable, an industry trade group, to purchase mortgage-backed securities from Fannie Mae and Freddie Mac in an attempt to restore confidence in mortgage-backed securities and encourage banks to make additional loans.
Under the plan, the Treasury Dept. would purchase 30-year, fixed-rate mortgages, which should restore confidence in mortgage-backed securities and encourage banks to make more loans. As a result, banks could lower the rates on mortgage-backed securities, which could lower mortgage rates for consumers.
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It may be time to think about buying a house
Lower mortgage rates and increased affordability is presenting an opportune time for home buyers, especially first-time home buyers, who continue to have the advantage and ability to move quickly on a home purchase without having to first sell their current home.
MAKING SENSE OF THE STORY FOR CONSUMERS
· Some housing experts believe the recovery of the housing market is dependent upon first-time home buyers. When houses are affordable for first-time buyers, the supply of available homes dwindles, bringing the supply and demand into alignment, which generally leads to an increase in median home prices. First-time buyers also have the benefit of not relying on their current home to sell prior to purchasing a new one. As first-time buyers purchase homes, the sellers of those homes also are able to move up, further shrinking the supply of available homes.
· Some home buyers may be reluctant to purchase a home while prices continue to decline. One study, "The Changing Prospects for Building Home Equity," predicts that buyers in 33 of the 100 largest metropolitan areas may see a decline in their home value by 2012. It is important to note though that over the long term, most homes increase in net value. The study also was conducted before the government's most-recent efforts to lower borrowing costs for home buyers.
· Credit scores continue to be an important factor in determining not only a borrower's eligibility, but also the interest rate offered by the bank. Most financial institutions offer the best mortgage rates to borrowers with FICO scores above 720. John Ulzheimer, president of consumer education for credit.com, recommends borrowers stop using credit cards and pay down debt balances several months before applying for a loan. Ulzheimer also states that the credit scoring system may penalize borrowers using their lines of credit frequently, even if balances always are paid in full. Consumers can check their three credit reports for free at annualcreditreport.com.
· Borrowers without a 20 percent down payment for a median-priced home still may qualify for a home loan if they purchase a less-expensive property, which often require smaller down payments. By conducting research on various neighborhoods and working closely with a REALTOR® some buyers still may qualify for a home in a desired community.
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If you plan on Buying, Selling, Investing, Flipping, or want a Vacation home Above it all Call Nannette Anders Homes for sale in Lake Arrowhead, Crestline, Lake Gregory, Twin Peaks, Blue Jay, an...