IN LOOKING AT THE REAL ESTATE MARKET, NO ONE KNOWS WHICH WAY IT WILL GO. UP , DOWN, SIDEWAYS THE MARKET IS NOT PERDICTABLE , BUT WE DO KNOW IT WILL ALWAYS BE A GREAT INVESTMENT.I, REALIZE, SELLERS ARE WAITING TO SELL AT A HIGH PRICE, WHILE BUYERS ARE WAITING TO BUY AT A LOWER PRICE.SO, WHAT WE HAVE IS A STANDOFF, WHICH HAS STALLED THE MARKET.

AS I HAVE BEEN LOOKING FOR IS SOMETHING WHICH CAN HELP BYUERS AND SELLERS TO WAKE UPE THE MARKET. THREE POSSIBLE IDEAS I PRESENT:

1 SINGLE RATE REDUCTIONWHERE YOU CAN BUY DOWN THE RATE FOR A FEW POINTS UPFRONT AND REDUCE YOUR MORTGAGE RATE FOR THE LIFE OF THE LOAN.

2 3/2/1 BUYDOWNWHERE YOU HAVE A COOPERATIVE SELLER WHO WILL PAY THE COST OF THE LOAN FEE. THIS WILL REDUCE THE RATE OF YOUR LOAN BY FIRST YEAR 3%, SECOND YEAR REDUCTION IS 2%, AND THE THIRD YEAR 1%. AT THAT POINT REFINANCE INTO A 30YEAR PROGRAM.

3 EMPOWER PROGRAM WHICH IS A FHA GRANT PROGRAM GIVING DOW PAYMENT ASSISTANCE UP TO $17K FOR CLOSING AND DOWN PAYMENT. YOU WILL NEED A +620 CREDIT SCORE, SINGLE FAMILY, TOWNHOME, OR APPROVED CONDO. YOU PAY 1% OVER RATE AND AFTER 6 MONTHS THE LAON IS FOREGIVEN.

THESE ARE THREE ALTERNATIVES TO MAKE A PURCHAE HAPPEN. REMEMNER , IT IS IMPORTANT TO HAVE A LOAN OFFICER AND REALTOR WHO CAN HELP IN THESE ALTERMATIVES. LET KNOW IF I CAN HELP IN ANY WAY.