Recent Blog Posts

A balloon mortgage is a type of financing in which the borrower must pay off the loan in a single, predetermined sum at the end of the loan term. A borrower can reduce their fixed monthly payment by making balloon payments in exchange for making larger payments at the end of the loan term. The borrower may be responsible for paying mortgage interest. Mortgages with balloon payments are short-term loans with a fixed interest rate for five to ten years. Borrowers with high income and credit scores can benefit significantly from these loans. Lenders are typically selective about who they extend these types of loans to, preferring to work with businesses and individuals with a proven track record of financial stability and a solid revenue stream. BENEFITS OF A BALLOON MORTGAGE: Affordable I... 06/28/2022

One type of mortgage loan with a changing interest rate is called an adjustable-rate mortgage (ARM). This type of loan goes by a few names: variable rate mortgage and floating rate mortgage. It is a type of mortgage in which the interest rate may change regularly depending on the performance of a specific benchmark index. This means that your regular payment amount could go up or down. Remember that most adjustable-rate mortgages (ARMs) limit how much the interest rate or payments can go up each year or over the loan period.Initial interest rates on ARMs are usually lower than those of fixed-rate mortgages, and they remain that way for an initial period. After the initial few months or years, the interest rate applied to the outstanding balance is changed regularly, usually once a year ... 06/28/2022

A feature wall adds vitality to a room; this consists of designs, colors, and shapes. Making a feature wall gives someone a chance to scrutinize what accent can be done to match the feature wall in a certain room. They can add accents and patterns depending on the looks of a room to add more life.  Hiring someone who can design a feature wall can be okay to do, but why not DIY it? Decorating a feature wall on their own gives people an opportunity to decorate it, giving them the freedom to showcase what colors, designs, shapes, accents, and patterns they would like for their room. To DIY a feature wall is the most cost-effective way to modify a home – that will suit their budget. They can start decorating and focusing on a bland wall. Remember that a feature wall is great for small space... 06/28/2022

     Voting and the Flag. Today is primary election day in the great state of Illinois. It's been a pretty contentious and unending barrage of political trash ads. They started months ago and just seemed to get nastier and more personal the closer we got to June 28th.      I turned 65 years old this past week and tried to recall any election cycle from years ago that was so hard core nasty. I really can't think of any one in particular but I'm sure there have been some just as vicious and nasty.      As I stood in the voting stall, I was concerned about the future of my four grandchildren with another on the way as well as all the young people of our country. Will there even be a country anywhere close to the one we live in now or will it be torn to pieces by partisan tribal factions.  ... 06/28/2022

VA Loan The Department of Veterans Affairs (VA) guarantees mortgages made by private lenders to qualified borrowers who do not have to put down any money upfront. Borrowers eligible for a VA loan can use the funds for either a first home purchase or refinance an existing mortgage. Homeownership can be a significant financial commitment, but VA Loans can help veterans, active-duty service members, and others get a good deal by reducing the amount they have to put down. WHO CAN QUALIFY FOR A VA LOAN?Veterans Affairs (VA) loans are available to both active and retired military personnel and their spouses. Private lenders provide this type of loan with federal backing. It is best to double-check with the specific lender in question because their minimum credit score requirements may vary sl... 06/28/2022

Home Mortgage Mortgages are loans used to purchase or finance real estate assets such as a home, land, or building. Home mortgages are loans made by banks, mortgage companies, or other businesses to individuals to purchase a residence (primary, ancillary, or investment).Mortgages are a type of loan, but not all loans fall under this category. Secured loans, like mortgages, are backed by some asset. This property will be used as collateral for the loan. Borrowers receive the principal amount from lenders and interest payments in exchange for the borrowed money. Borrowers and lenders usually reach an arrangement whereby the former receives principal payments and the latter receives interest payments over time. Benefits of a Home Mortgage Easy ApprovalMortgage loans are among the most acce... 06/28/2022

 Hand-delivered, it doesn't get any better! It's been a couple of years since I sold a home for Myra; I affectionately call her my "Admyra." She makes me feel so special, like when she hand-delivered this beautiful poem along with flowers. Myra did not want to disturb me, so she left them on my front porch and texted me. I have been trying to think of a way to show my appreciation for this work of art which is so much more than a thank you note. It had folds upon folds and so many verses. If you read it, you will understand the amount of time, kindness, thoughtfulness, love, and appreciation that went into the hand-making and hand printing of what I will call my most excellent paycheck ever. Yep, my Lee used to say I worked for thank you notes. And here is one that proves it.    Since t... 06/28/2022

This might change your way of thinking in life, to where you will accomplish more in the future than you have in the past. It sure sounded impossible initially to me as well but as the game went on I began to see the light. Years prior to this I did play 54 holes on a course in West Virginia that had originally been a cow pasture. There were no signs of cow pasture anymore, but it sure was hills, actually hill after hill. And I played 54 holes that day.Now this 107-hole day. There were a few who played a few holes more than myself.  So you can understand how this is possible; I began in a foursome extremely early in the morning in June, in west Phoenix, possibly it was Glendale, and when we finished, it was becoming close to sunset. How it works I played about 18 holes with the other th... 06/28/2022

On June 16, 2022, California Association of Realtors (C.A.R) reported that there were 8 homes sold in May of 2022, declined 20.0% from May of 2021, and medium existing home price was $2,75 Million in May of 2022, jumped 63.7% from May of 2021 in South Pasadena, California.There were 11 active listing homes in May of 2022, declined 8.3% from May of 2021; while home stayed 17 median days on the market in May 2022 in South Pasadena, California.For complete more information about the California Association of Realtors’ May of 2022 in South Pasadena, California homes sales and value report, please click HERE 06/28/2022

 Oak Ridge Resort Mobile!1 BA/1BA Oak Ridge Resort Mobile!3200 E Arnold Lake Road, Unit 129, Harrison MI $39,999MLS 50079975 Are you tired of paying the high cost of state park fees, or just fighting to get a spot to stay every time you want to come for the weekend? Let talk about the solution for your summer time fun and let’s get down to roasting some marshmallows. This super cute park model mobile, is priced to sell. The park gives you all the perks, a laundry mate to do your laundry, at a very reasonable price. Playground (with new equipment being put in as well) putt putt golf, heated swimming pool, game room, and extra bath/ showers open year-round, for you snow bunnies. The association has extra activates for the kids. The mobile itself has a wonderful lager sunroom and also a 3-... 06/28/2022

 Large Harrison Home on 27 Acres! Must See!6BD/3BA; 3000 Square Feet Harrison Home!5280 N Clare Ave., Harrison, MI$499,000MLS 5007997 Almost 27 acres of land with your outstanding well-kept dream home! Hunt it, farm it or keep it as it is. There just isn't enough room to tell you all about this property, from the 6 large bedrooms, 2 bathrooms, and another one to be finished. To the outstanding kitchen that is set up with movable parts to make it bigger. Great entertainment space, including the stainless steal bar that you and your friends can enjoy your adult beverages at, the tables and benches are removable to add and remove as needed. Outside there is lots of different areas to sit and enjoy the peaceful enjoyment of your Northern Michigan. Prior owner did wedding venues, and lots of... 06/28/2022

2BD/1BA Harrison Home!4059 Oak Flats Road, Harrison, MI $79,900MLS 50079739 Cute home just north of Harrison. Flooring allowance offered to buyers- for bedrooms and living room---pick out something to your taste! Two bedrooms; bathroom plumbing updated recently. Kitchen cabinets have slide-outs installed to help in those hard-to-reach areas. New stove, newer side-by-side refrigerator, also washer/dryer stacked unit. Natural gas heat and water heater. Home was resided with vinyl siding and house wrap several years ago.  Electric recently updated to 200 amp service. Large back yard, with vinyl privacy fence installed. One car garage with newer concrete floor and new windows. Close to state park, fairgrounds, shopping and lakes in the area. This would be a great starter home, weekend place... 06/28/2022

Not all areas will be hit as hard as others-when it comes to the subject of the day...Is this a Market Correction, or is a Recession truly on the Horizon?   The top news stories start with the word “RECESSION” lately…well, not today-Today, the top news is whether or not our President can ride a bike! Ha 😊 And, apparently the answer is Nooooo—Now onto this conversation of a looming Recession in the housing market in 2022. Seriously folks-nothing happening in our market today is anything like it was prior to 2010…let alone into 2012.  This is not where the market is headed-please talk to a Professional, before you take yourself out of the market-even if that Professional isn’t me… Wendi-Mae Video Part 1 on Recession? of 2022 KEEP IN MIND WHEN YOU LISTEN TO THE NEWS-SOME OF IT IS HYPE, a ... 06/28/2022

Win a $500 Visa Cash Card in Our“Find the Fun Real Estate Answers on YouTube” ContestChance for 3 Grand Prize Winners!NO PURCHASE NECESSARY TO ENTER THIS CONTESTTo enter this fun contest just watch five videos on YouTube and answer the five questions correctly. You’ll be entered to win one of three $500 Visa Cash Cards!The purpose of this contest is to help you learn more about real estate and what's going on in the market, and have a chance to win money while doing it. Contest begins at 12:01 a.m. EDST on Tuesday, June 28, 2022 and ends at 11:59 p.m. EDST on Tuesday, July 12, 2022.Enter the ContestGo Home TV, powered by My State MLS, is the sponsor of this contest.See the RulesYouTube is not a sponsor of this contest.This Contest is wholly compliant and consistent with the YouTube Term... 06/28/2022

Not all areas will be hit as hard as others-when it comes to the subject of the day..."Recession" in the housing market 2022.    The top news stories start with the word “RECESSION” lately…well, not today-Today, the top news is whether or not our President can ride a bike! Ha 😊 And, apparently the answer is Nooooo—Now onto this conversation of a looming Recession in the housing market in 2022. Seriously folks-nothing happening in our market today is anything like it was prior to 2010…let alone into 2012.  This is not where the market is headed-please talk to a Professional, before you take yourself out of the market-even if that Professional isn’t me… Wendi-Mae Video Part 1 on Recession? of 2022 KEEP IN MIND WHEN YOU LISTEN TO THE NEWS-SOME OF IT IS HYPE, a lot of it is Nationwide, NOT... 06/28/2022

Delayed Financing in Lenoir City, TN Many of our clients come to my team due to our expertise in delayed financing.  Recently, we got a call from a potential customer that was working with another lender who couldn't quite figure it out.  Many lenders struggle with delayed financing or don't know it exists, so it's important to work with an expert in getting a delayed financing transaction done. What is delayed financing?Delayed financing is simply recouping funds through a refinance that were used to make an all-cash purchase of a home.  Many investors use delayed financing to have the benefit of being able to make an all cash offer with the resulting delayed financing loan used to recoup their liquidity after settlement.  In many cases, though, delayed financing is used on primary res... 06/28/2022

The top news stories start with the word “RECESSION” lately…well, not today-Today, the top news is whether or not our President can ride a bike! Ha 😊 And apparently the answer is Nooooo—Now onto this conversation of a looming Recession in the housing market in 2022.Seriously folks-nothing happening in our market today is anything like it was prior to 2010…let alone into 2012.  This is not where the market is headed-please talk to a Professional, before you take yourself out of the market-even if that Professional isn’t me…Wendi-Mae Video Part 1 on Recession? of 2022KEEP IN MIND WHEN YOU LISTEN TO THE NEWS-SOME OF IT IS HYPE, a lot of it is Nationwide, NOT about your Local marketplace-and that makes a difference-Keep in mind when the subject is about a recession...SOME AREAS WILL NOT BE ... 06/28/2022

3117 Sawtooth Dr, Tallahassee, FL Photos Maps & Local Schools Print Click Here to Get Directions $1700003bed - 3bath - 0.11 acres lotThis 3 Bedroom 3 Bathroom turn key property has the major ticket items handled!!! We have a 2021 Roof and 2022 HVAC recently installed along with a 2020 Water Heater at this property. This 2005 property built on a slab with brick and vinyl siding is a landlords dream for maintenace and also very convenient for a first time home buyer. Large flatdriveway outfront and back up to greenspace. This will not last long!!!! Showings and Pictures some time next week and will update soonFollow This Home Joe Manausa Joe Manausa Real Estate 850-888-0888 Licensed In: FloridaContact MeUseful Links Tallahassee Homes For Sale Tallahassee Home Search Free Home Values Manau... 06/28/2022

1924 Leone Drive, Tallahassee, FL Photos Maps & Local Schools Print Click Here to Get Directions $3250003bed - 2bath - 0.27 acres lotMOVE IN READY home located in highly sought after Melody Hills! This adorable property has so much curb appeal and old Tallahassee charm while boasting fantastic featuresthroughout. This home has multiple living spaces including a living room, family room, additional office/study area, a well-appointed and open kitchen, and an over-sized large master suite with vaulted ceilings, double vanities, and walk in closet! Also featuring updated flooring (no carpet here!), a 2014 HVAC and brand new mini-split in 2022, this home will be low-maintenance for years to come. This adorable home offers privacy but with close proximity to everything - This in town gem wil... 06/28/2022

Who Qualifies for a VHDA Loan?Purchasing a home is a big life achievement for many people. That’s because it takes plenty of time and saving to be able to afford a down payment. Luckily, there are plenty of government resources to help expedite that process and make it much more affordable.If you are planning on purchasing a home in Virginia, the Virginia Housing Development Authority (VHDA) works with lenders in the state to make homeownership achievable for residents. First-time homebuyers can take advantage of programs like down payment grants or federal tax breaks that allow access to affordable, 30-year fixed-rate mortgages. Eligibility RequirementsThe eligibility requirements for VHDA loans vary depending on your unique situation and the type of funding you need, however, there ar... 06/28/2022