Buy A Newly Built Home and get $10,000

Yes, your eyes were not deceiving you.

     A lot of times people don't even think about purchasing a newly built home because of the costs. You always hear that you have to put money down that isn't refundable, they throw the home together, or it takes too long to build.

Well, you have another option. Not only can you get a newly build home (move in ready), but you will get $10,000 towards closing costs. It's rare that you can get that much money for closing costs from a resale home.

Plus, here is the bonus; if you buy a new home, you will get 15% of my commission paid to you as a thank you. YES MY COMMISSION.

Beazer Homes has move in ready homes in Elkridge, MD, (starting at $399,000) and Owings mills (Starting at $319,000). Just think about how beautiful it would be to be in a new home and say you are the 1st owner.

New more information, Contact me NOW-443-869-1364

Here is just a some pictures of the home for your pleasure

FYI, I have a home in Rosedale on sale right now for $269,900 (wont last long)


Til next time,

JC

She Lost Her Home Because Of Procrastination

Yes, I would like to say it was more that money and hardship, but it was procrastination. This potential client had fell on hard times and fell behind on her mortgage. The last time she paid her mortgage was over a year and a half ago a she needed to sell her home. I advised this client that instead of going into foreclosure and having the bank come after her for the additional amount owed (since her home was underwater), she could short sale her home.

This would give her the opportunity to see if she can sell her home without having to pay the full balance off (even if it is bought for less than her balance). I wanted to also see if she could get money to move from her home (by way of relocation assistance).

After the process was explained to her she was relieved that there was another option for her (that she could understand) and I sent over a checklist of what was needed to get started. I advised that foreclosure was near and that we needed to get started.

Three months went by and she never returned the information. I sent her reminders and she kept saying she was so busy and she would get to it. I advised that once a foreclosure is scheduled it gets harder to try to combat that with the timeline.

 Well, after about 7 months, she got a foreclosure letter that gave her 30 days to move. Not only that, but, she didn't open the letter (because of fear) until June 4th and the letter was dated May 9th; which means she had to be out of the home by June 9th.

When she called me and said she got all the docs together (in a matter of  24 hours),wanted to proceed, and the foreclosure notice she got, I had to inform her that it was too late. It hurt her and myself because I never want people to be in that position because I know life happens and sometimes things are out of our control.

However, procrastination is not life happening, it is YOU. We have to stop letting fear and procrastination keep us doing what we need to do to move forward or solving a situation which will add more stress.

She will bounce back from this because she has too. This too shall pass


Til next time,
JC

Why Some People Cannot Get Home Loans

     Because it is all in the mindset. I have had so many people tell me that they are not ready to purchase a home because they need to get their credit straight. When I ask them what their credit score is and what they need to do, guess what they say...."I dont know"

See, there is no way you can truly know if you can or cannot buy right now if you don't have a professional look at your credit and tell you what you need to do. Surely you don't enjoy paying $1300 or more for rent when you can get a mortgage in the same are for about $1000 a month. In this day and time we have to work smart not hard.

I used to be the same way, the way I got into my home was joking around with a friend of mine about getting a home and seeing who could get in a home first. We were just joking and competing to see who could buy their home first. I'm a sucker for competition and we both got a home (of course I won lol). The point is he thought his credit was bad and I thought my credit wasn't good either. That was in Nov of 2009 and by March 10, 2010; I was a homeowner.

Don't hold yourself back because of fear (false evidence appearing real). You have down payment programs, closing cost help, and credit repair options to help you get into a home.

Won't it be nice to pay a mortgage and know its going to you owning a home instead of financing someone else's dream?

Rent is overrated, its time to own some land and home a own.

If you need help finding a lender I have some options. As a realtor I'll be there to help you all the way.


Til next time,
JC

How To Purchase Your First Home Mortgage Free

I'm sure that got your attention. That's the same way my audience felt when I went over the details at my first Power up event in Baltimore. I showed them how to make their first home purchase and have the mortgage pay for itself.

Even though it seems like its a hard process, its really not if you just apply yourself and get the knowledge you need to make it a reality.

Their are certain steps you have to take which include the following:
1. Get a pre-approval letter from a lender (I recommend using the bank you have your money in now).
2. Choosing a property that has a lot of equity (usually properties that need repair). Also, I recommend a multi-unit.
3. Find out the value of the property after it has been renovated. (Im a realtor that can help with that)
4. Have a contractor that can help you fix up the property (or I can assist with that).
5. Repair the property after closing and live in one unit and rent out a space for a tenant. (check out the average rents in the area you choose)

So, here is an actual example:

Property on 123 Maine st -Purchase Price- $10,000
Renovation costs                                          $85,000

Total Investment                                         $95,000

Here is how the mortgage will be free- Mortgage for this loan would be about $850 a month. If you rent out a unit in your home for $1000 (ex; a 2bd/1 bath). You can pay the mortgage and save the additional $150.

Also, you can save the money that you would usually use to pay mortgage to put in future investments.

Dont let your fear of not thinking your ready stop you. If you are paying over $900 a month for a mortgage, you are ready. Stop building someone else's residual income and build your own. Stay tuned for the next event.

Til next time,
JC

Power Up Baltimore

It's that time Baltimore. With so much going on (with the election, redevelopments, crime), we have to be apart of the paradigm shift that's happening in Baltimore right now. What am I talking about? I'm talking about the real estate opportunities in Baltimore. There are MAJOR redevelopments happenings i.e. Park Heights, Port Covington, East and West Baltimore.

We need to be apart of this change. I mean, why not invest in Baltimore and make some of the money that the developers are going to make anyway?!?!

The way to do that is education, networking and action. I am having a Power Up Baltimore event this evening that is free. We will talk about real estate opportunities in Baltimore, create an action plan, and get to work. There are properties available at a minimum cost that we can purchase, repair and either sell to increase capital or rent out for residual income.

If you are worried about collateral, this is the place to be. We will talk about financing, opportunities, grant programs, vacant lots, etc.

Please feel free to come tonight:
Orleans Pratt Library (1303 Orleans st)
5:45-8pm
Bring pen and paper

Spring Home Selling Tips

Some of you may know that home-buying season picks up in the spring time. Why you ask? Well, because the weather is nice, there are grants programs out there (the money goes fast), tax refunds come, and its the best time to move.

Now there are certain tips you should abide by if you want to sell your home fast and make the best of your listing:

List your home on a Thursday-Most people like to look at homes on the weekend so they view properties on Thursday, which is the highest online viewing day of the week.

Host an Open House- This is a great way to draw people to your home and get people excited about where they are going to live. Also, is a great way to create competition for people and prevents a lot of procrastinating when writing an offer.

Price your Home Right- A lot of time people have an emotional attachment to their homes and the sellers access the value higher than what it really is. Be realistic in your asking price. If you need assistance, talk to a realtor to get a market analysis.

For more information see:

 https://www.redfin.com/blog/2016/03/spring-home-selling-tips.html?utm_medium=email&utm_campaign=1002267_Conversion+-+Estimate+Spring+Seller+Tips+-+Nonclosed+Clients+-+Copy+of+Conversion+-+Estimate+Spring+Seller+Tips+-+Split+2&utm_source=strongmail


Til next time,

JC

How Is Your Network?

     Networking is one of the biggest factors to gain success (if not the biggest). Think about it; in business you need customers to buy your product or service. How can they do that if they don't know your company even exists?

 You must know where the customers are and how to get to them. Also, you need to know where to find the help you need to move forward. There are so many networking events, workshops, and even mastermind sessions that you can go to build your network; confidence is key. You have to be confident in your business, what you have to offer, and why should anyone care about what you are doing. Now I am not saying that you can do it buy yourself because everyone that is successful; has a team with them that helped make it a success. I once read Robert Kiyosaki say "connect yourself with people who are smarter than you". See, just because you have a great idea, does not mean that you are going to know every aspect about how to move it from just an idea, to a successful enterprise. We ALL need help. Here are some resources to get you started:

www.sba.gov
www.wbenc.org
www.goma.maryland.gov

Go to networking events, talk to people, and discover the endless possibilities to growth for economic development

Til next time,
JC