Archive | November 2010

Chesapeake and Virginia Beach Homebuyers Do not miss out on free money$$

Buy a HOMEPATH foreclosure in any Hampton Roads city and get free money if you close by December 31, 2010.

Want a new home BEFORE Christmas!

Check out this special offer from Homepath
New Buyer and Selling Agent Incentive on HomePath® Homes
Fannie Mae is offering buyers up to 3.5% in closing cost assistance and a $1,500 bonus for selling agents on HomePath properties through December 31, 2010.
(this is short notice for buyers, but call me and we can make it happen)

Buyers and selling agents must meet the following qualifications to be eligible for the incentive:

·Only selling agents representing owner occupants purchasing a HomePath property as their primary residence will receive a $1,500 bonus. To be eligible for the agent’s bonus, the initial offer must be submitted on or after September 23, close within 60 days of offer acceptance and close on or before December 31, 2010. No bonus will be given for investor purchases.

•Buyers and selling agents must request incentive upon submission of initial offer in order to be eligible.

Terms & Conditions:

·The 3.5% seller contribution is to be used towards closing costs, including a home warranty, if desired and available.

·Retail and public entities are eligible for the incentive however pool and auction sales, and sales to investors are not eligible.

·Fannie Mae reserves the right to remove any property from promotion or end the promotion at any time. Any dispute over the payment of a bonus shall be resolved by Fannie Mae in its sole discretion.

•Buyers should consult their lenders for guidance on financing. Lenders and mortgage products may impose their own limitations on the use of the 3.5% incentive. For example, the lender may consider the incentive a Seller Contribution and limit the amount to 3.0%. In those instances, the remaining 0.5% will no longer be available to the buyer.

NOTE – HOME MUST BE A HOMEPATH HOME Fannie Mae Repo and you must use a HomePath approved lender call 757-831-8294 for more info. Notice it also does say up to 3.5%, lender will explain more and let you know what you qualify for.

Call me or email djoneshomes@gmail.com for more info.

If you are in Hampton Roads, Southern Virginia Cities: Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Smithfield, Suffolk, Williamsburg, York County. Join the Group, http://activerain.com/groups/hamptonroads

“I can dream alone, build alone and strive alone, but true success always requires the help and support of others. Please send me your referrals.”

Visit my website today, The Hampton Roads Real Estate Lady!

Deandrea “Dee Dee” Jones djoneshomes@gmail.com

Associate Broker Wainwright Real Estate Virginia Beach, VA

Certified Real Estate Instructor Millennium School Of Real Estate

http://DJonesRealEstate.com

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Norfolk Real Estate Illusions of a good deal!

Chris and Stephanie Somers have a great point. Trying to save money at the grocery store can be a joke. Even by clipping coupon the vendors know how to camouflage the real price. I spent $255.00 at WalMart today and still did not get everything on my list. I am starting to absolutely dread the Supermarket. In Norfolk we have the commissary which usually saves me money. I saved most of my meats and bulk items from my list for a later trip to the commissary which is also not as cheap as it used to be. But I live in Chesapeake which is kind of far from the base so my savings is probably wasted on gas. And gas is a whole nother topic……………. Read this great post below! The Hampton Roads Real Estate Lady!!!!

My Bill is What?


 

As mortgage interest rates go down to historical lows, it sure seems like the price of everything else is going up. Am I wrong? With Halloween behind us and The Season of Gift Giving moving in fast, is the only way to save by buying a home? How’s a person suppose to save any money these days? Whether you are buying a home, just bought a home or you are just trying to keep a roof over your head, saving money in this economy is a huge priority and we are always looking for ways to save.

I recently realized that saving money ain’t what it used to be. Let’s take, for example, our bi-weekly excursion to the Supermarket, the store we’ve shopped at for several years now. Last week Chris and I grabbed the same darn cart (the one with the broken wheel), chose the same old staples, and maneuvered into the same long checkout line. As usual, I glanced at the tabloids with my Super Savings Card in hand while Chris unloaded the groceries onto the conveyor belt and bagged all of our stuff. Get the picture? Domestic bliss. The cashier swiped my Super Savings Card and excitedly exclaimed “You’ve saved thirteen dollars with your Super Savings Card!” Wow. Thirteen bucks. Not a bad savings. Not bad at all… until I looked at the bill.

THE BILL IS WHAT?

Were the grapes dipped in gold? Did they charge me 12 times for the cat litter? Should I have chosen the cheaper non-organic eggs? I remember a few years ago I spent a whole lot less for the very same groceries. Plus, I NEVER saved 13 dollars using a so called “Super Savings Card” or coupon.

What a clever strategy to make the consumer get the impression of saving when we are not really saving at all! In Real Estate we call this “the illusion of a deal” and it is a sales technique that really works even with the most experienced investors. Blast those supermarket mental geniuses!

Chris and I thought we’d offer some “REAL” money saving tips to our readers that will prove to provide you with a money saving return on your efforts almost immediately.

  1. Ask and you shall receive. Ask for that discount. Ask your credit card company to lower your interest My Bill is What? ~ Illusion of a deal...rate. Ask your homeowner’s insurance company to see if you are eligible for a discount. If you ask and do not receive a discount, there is always another vendor who will be happy to provide you a savings.
  2. Out with the old and in with the new. Did you know that refrigerators older than 1990 use up three times as much energy as new ones? Did you know that shower head fixtures and faucets older that 1994 use up more than 4 gallons of water per minute? Compared to the new ones that use up about 2.2 gallons per minute. That is an update that equates to savings for you! Go with the low flow aerators found at any local Home Depot or Lowes where Energy Star appliances are considered highly rated.
  3. Put a candle to it. Some experts say that drafts waste so much heat that it is like keeping a window open all winter! Light a candle or incense to identify where drafts are around windows, doors, under cabinets, around outlets & fixtures and then seal, caulk, insulate, and sit back to enjoy a lower heating bill this winter.
  4. Bulk up this winter. No, I do not mean join a gym but with this advice it may help offset that gym membership you may be considering. I mean buy things in bulk to glean the cost savings. Paper goods and dry goods are perfect to buy in bulk since they have a long shelf life. Buying in bulk will cut down on the time you spend driving to the store several times and time is a priceless commodity. Fewer trips to the store means using less gas, too.
  5. Be nice and share. Combine your bulk shopping with a friend, neighbor, or family member. You may not have storage for bulk items but between 2-3 people, you can split up the bulk and the cost savings can be had by all. The same goes for sharing big household jobs such as repaving a driveway, re-coating a roof, servicing the HVAC, landscaping, brick pointing etc… A contractor that you hire to do 3 jobs at once will be much more negotiable on their price. And if they do not offer a discount, go back to tip number 1.

It does not matter whether you are a home owner or a renter or whether you live in a small condo or a castle. If you pay bills, you want to find ways to save, not just get the impression that you are saving. Implementing some money saving strategies now can help ease the pinch of the economy. We hope one of these tips will help lower a bill or reserve a little extra cash to buffer “the illusion of a deal” you may be taking advantage of this Holiday Season.

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This info reblogged by Deandrea Jones Wainwright Real Estate Virginia Beach VA  The Hampton Roads Real Estate Lady