Team Newton's Blog

BREAKING NEWS:  $8000 CAN BE USED FOR DOWN PAYMENT Wednesday, May 13, 2009HUD Announces $8000 Tax Credit can be used as downpayment for HomebuyersNews from NAR (National Assoc. of  Realtors) - Washington D.C. Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said t...

How to Evaluate a Good Neighborhood when Buying a House"It's important to choose the highest quality neighborhood when buying a house. It's not only good for you and your family, but you will realize the highest increase of appreciation. In other words, your property value will rise faster in a b...

With the Banks' tightening of the money, there has been a resurgence of Lease to Own Agreements lately. Although these deals are popular with both Buyers and Sellers, they are not to be taken lightly. Here's why these instruments are potentially dangerous:Danger for the Seller: If the Buyers stop...

It has been my experience that potential home buyers are not able to purchase a home right now due to higher and tougher credit requirements from lenders.  The $700 Billion Bail Out was put in place to free up money, however it has had the opposite effect.  Write or call your Congressman and let ...

2009 Housing Stimulus bill: $8000 Home buyer tax credit for home buyers If you were ever thinking of BUYING or SELLING a home, now is the time.  Please read this email in its entirety and see how you can get your share of this $8000 FREE money just for buying a home.  This is not a gimmick.  This...

Now thats a loaded question.  The quick answer is, if you have good credit and money to put down on the home.  Now there are still 100% LTV (loan to value) loans available, however you will need to meet the requirements of those loans.  Most 100% LTV's are outside the city limits so be prepared t...

If you were ever thinking about buying or selling your home, NOW is the time!!  Interest rates are at an all time low which directly effects your payment.  You can buy more of a home now for less money monthly vs waiting for interest rates to go back up.  NOW is the time. For example: $200,000 ho...

In order to find out if you own the mineral rights you need to examine your title insurance policy, or in some states your abstract of deed. This describes all the liens against the property including the tax assessor, mortgages, easements, assessments like city sewer or water, and will show the ...

What are Mineral Rights? When purchasing a piece of real estate, the landowner purchase three rights, they are: -                     Air rights, are a type of development right in real estate. Generally speaking, owning or renting land or a building gives one the right to use and develop the emp...

What is a "Short Sale" in the real estate industry?  This is a question asked by many consumers who own homes.  A short sale is when the lender will take a lower pay off of the home than what is owed.  The reason the lender will do this is because it cost the lender THOUSANDS of $$$ if the proper...