Archive | September 2011

VA homebuyers attention changes to VA Home loan

VA loan

If you are a veteran, active duty, or a reservist prospective home buyer. Listen up Dept of Veteran Affairs has announced new changes. According to update 26-11-12 the change will affect the funding fee.

The funding fee is the amount due up front or can be financed into the loan amount on a VA Loan. The purpose of this fee is to act as a mortgage insurance for VA lenders and is intended to enable the veteran who obtains a VA home loan to contribute toward the cost of this benefit. The benefit of using a VA loan versus an FHA loan is there is no monthly mortgage insurance premium paid. This can make a monthly payment on a VA loan significantly less. Interest rates are still at record lows and sales prices are very reasonable. If you are ready to buy or want to hear more about loan programs contact me today!

Fee Changes

a. For loans closed on or after October 1, 2011, the fee for 1st time us is going down to 1.4% with 0 down on subsequent use loans with

less than 5 percent downpayment and subsequent use regular refinance loans

will be 2.8

percent for both active duty Service members, Veterans, and persons qualifying based

solely on service in the Reserves or National Guard. This change is due to passage of

Public Law 112-26, Restoring GI Bill Fairness Act of 2011.

Reserves and national guard will pay 1.65% with 0 downCall me to buy a home in any Hampton Roads area: Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Newport News, Hampton, Williamsburg, and now serving York County and the Peninsula.

“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

Associate Broker

Blu Skyy Realty Virginia Beach, VA

deedee@bluskyyrealty.com

http://DJonesRealEstate.com

djoneshomes@gmail.com

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Did you know the company and website Meetup was founded as a result of 9/11.

Did you know the company and website Meetup was founded as a result of 9/11.

Here is the background story from the CEO of Meetup Scott Heiferman. I found this to be interesting please read the letter from the CEO.

Fellow Meetuppers,

I don’t write to our whole community often, but this week is
special because it’s the 10th anniversary of 9/11 and many
people don’t know that Meetup is a 9/11 baby.

Let me tell you the Meetup story. I was living a couple miles
from the Twin Towers, and I was the kind of person who thought
local community doesn’t matter much if we’ve got the internet
and tv. The only time I thought about my neighbors was when I
hoped they wouldn’t bother me.

When the towers fell, I found myself talking to more neighbors
in the days after 9/11 than ever before. People said hello to
neighbors (next-door and across the city) who they’d normally
ignore. People were looking after each other, helping each
other, and meeting up with each other. You know, being
neighborly.

A lot of people were thinking that maybe 9/11 could bring
people together in a lasting way. So the idea for Meetup was
born: Could we use the internet to get off the internet — and
grow local communities?

We didn’t know if it would work. Most people thought it was a
crazy idea — especially because terrorism is designed to make
people distrust one another.

A small team came together, and we launched Meetup 9 months
after 9/11.

Today, almost 10 years and 10 million Meetuppers later, it’s
working. Every day, thousands of Meetups happen. Moms Meetups,
Small Business Meetups, Fitness Meetups… a wild variety of
100,000 Meetup Groups with not much in common — except one
thing.

Every Meetup starts with people simply saying hello to
neighbors. And what often happens next is still amazing to me.
They grow businesses and bands together, they teach and
motivate each other, they babysit each other’s kids and find
other ways to work together. They have fun and find solace
together. They make friends and form powerful community. It’s
powerful stuff.

It’s a wonderful revolution in local community, and it’s thanks
to everyone who shows up.

Meetups aren’t about 9/11, but they may not be happening if it
weren’t for 9/11.

9/11 didn’t make us too scared to go outside or talk to
strangers. 9/11 didn’t rip us apart. No, we’re building new
community together!!!!

The towers fell, but we rise up. And we’re just getting started
with these Meetups.

Scott Heiferman (on behalf of 80 people at Meetup HQ)
Co-Founder & CEO, Meetup

“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

Associate Broker

Blu Skyy Realty Virginia Beach, VA

deedee@bluskyyrealty.com

http://DJonesRealEstate.com

djoneshomes@gmail.com