Think You Don't Have Enough Money For a Home

    Don't sweat it. There are plenty of programs in Maryland that will help you with financial assistance towards your new home. This assistance can range from down payment assistance, closing assistance, rehab assistance, etc.

Here is a link to look up the different programs:

http://www.mdhomeprograms.com/program/all_programs.php?op=all


Contact me today so you can start looking for your new home
Jay Cooper
443-813-4248


Til next time

JC

Should You Sell Your Home in December (Video attached)

Here is a video that I thought was good about whether are not you should sell your home in December.  She had some interesting points:
    


http://xfinity.comcast.net/video/11269699535/3_tips_for_selling_your_home_in_december


Til next time,

JC

New Down Payment Assistance Program

    A fellow agent sent me an email about a new down payment assistance program in Baltimore City coming in January.  Here is part of her email:

"provides $4.5 million dollars for down payment assistance (at $15,000 each). Does NOT have to be first time buyers, but does need to be buyers fitting in the median income level
(household of 4= $98,450, household of 3= $88,650, 2= $78,800, 1=68,950).
This is a forgivable loan that goes away after 5 years (if the buyer sells prior to 5 years, it is repaid at 80% after year 1, 60% year 2, 40% year 3, etc.)
Buyers must be owner occupant, must have completed buyer certification, must not own another property at the time of purchase, must have lender pre-approval (currently offered by Wells Fargo, however, other lenders may be approved to offer it). Property must be Balt CITY." (Leslie Beard)

Now, I know this has got to appeal to you if you are looking to buy a home. IT'S MONEY THAT DOES NOT HAVE TO BE PAID BACK.

Contact this guy for details,
Sean Worrall 410-512-4812 cell 410-375-4096

Til next time,

JC

Estimate the Value for Your Home

     I found a great article where you can determine what the value of your home is. In this day and time a lot of people are doing short sales where they are selling the home for less than what they bought it for, simply because this is a buyer's market; also the values of homes have gone down.  Even if you are not in the market to sell your home, it is a good tool to stay up to date with the values in your area:

http://local.eppraisal.com/home-values/maryland/



Til next time,

JC

You Don't have to go Delinquent to Short Sale Your Home

That's right. I read this article where it states that homeowners to soon be able to sell their home (short sale) even if they are current on their mortgage. Now it does still affect your credit so, I wouldn't do a short sale if it is not absolutely necessary but, if you have no choice and you are underwater on your mortgage (your home is worth less than what you paid for it) then, this may an option for you.



http://realtormag.realtor.org/daily-news/2012/10/24/nondelinquent-borrowers-soon-be-eligible-for-short-sales?om_rid=AACLfE&om_mid=_BQiDNaB8uxylQP&om_ntype=RMODaily


Til next time,

JC

Starting a Business

     Here is a great article about how to start a business:

http://www.choosemaryland.org/startbusiness/pages/default.aspx

If you are having a hard time trying to decide what kind of business to start, think about what you would love to do if money was not a worry. A lot of times our hobbies and recreational things we do are great ways to make money. Take some time and write of list of what you would love to do and "Just Do It"

Til next time,

JC

Where to Put Your Money?

   There are a lot of people who are unsure of where to put their money. It isn't as easy as it used to be to invest money because the risks are higher that it ever was before. With the recession not being fully back on track, social security looks like it won't be there to long, and 401K not being as reliable as you thought it would be, it leaves people between a rock and a hard place.  I personally have pulled my money out of stock because you really have to be focused on many areas of the stock from the business, trends, etc. I cannot tell you where to put your money but, I read a great article that can help you if you are looking for the answers:

http://www.moneycrashers.com/safest-investments-for-your-money/

Til next time,

JC