jody kriss report

New Law Protects Tenants in Foreclosure Properties

Foreclosure The annals of real estate are replete with stories…

Answering All Of Your Questions About Real Estate

Lots of people have become rich through real estate investments.…

Real Estate Services Obtaining

There are currently over 100 different ways that you can finance a property . We have all types of Bank financing as well as a great deal of owner financing, and non-qualifying assumable loans as well.In order to qualify for a new bank loan, you will need to have good credit as well as two years of verifiable employment.

As so many people are moving in from other areas, and are just starting new jobs, or in some cases have had credit problems in the past, this tends to make it difficult for many people to purchase a home.For these reasons, we specialize in finding properties with either non-qualifying assumable loans or owner financing.

To put it simply. – Don’t worry. No matter what your situation may be, you will be able to own a home here. As long as you can come up with a down payment of as little as five thousand dollars, you can purchase a home here immediately.Even if you can’t come up with a down payment, We can still get you into a home. We have properties
available that can be purchased on either an installment sale or by lease option/purchase.

Once again. No matter what your situation, you can most likely own a home here. Just give us a call, and we’ll show you how.

NOTE:The best loan officer we know Mortgage. A good guy and really knows his stuff (he’s also generally got the best rates in town). Since we’ve been working together so much this past year, we finally got him to get on the net.

If you would like to ask him any questions about financing or have him pre-qualify you for a loan .The banks grant loans by qualifying you based on a percentage of your gross monthly income as allowable for your mortgage payment. By the term mortgage payment we mean: monthly principal, interest, taxes, and insurance.The ratios and percentages used vary depending on the loan type and down payment.

Most programs will allow you to borrow an amount up to the point whereby your total monthly payment is between 28-35% of your gross monthly income and your total debt load, including your mortgage and other credit obligations does not exceed 36-41% of your gross monthly income.The banks also look at your past credit history, those people with the best credit will get the best rates, Those with some credit problems will sometimes be granted a loan at
a higher rate of interest. The banks will look at your employment history as well.

They like to see at least two years of continuous employment with the same firm. If you have been transferred here with the same company, this is rarely a problem. However, if you are starting a new job, this can be a issue. If you are self-employed, this can be a nightmare.

When applying for a new loan, you will need to supply the following to the bank: 2 years tax returns or W-2’s 3 months bank statements 3 pay stubs Photo ID Social Security Numbers Copy of purchase agreement complete list of debts complete list of all assets Marriage license/divorce decrees These are just the basics, some banks will ask for a lot more. So make sure that you bring these documents with you when you come house hunting, don’t pack them.If any of this information is a problem, or you just don’t want to disclose it, you should plan on purchasing with owner financing or by assuming an existing loan.

You should understand however, that at this time, new financing will carry a slightly lower rate than most existing or owner financing alternatives.

The Repair Room

Repair bedroom requires special and careful approach. Healthy sleep depends on the environment of the room. Repair of apartments begin with the General plan of the arrangement of rooms, and the location of the bedrooms is selected in accordance with the following highlights.

 First, for the bedroom, it is desirable to choose the room located separately from the living area in the back room of the apartment or first floor if multi-level apartment. When planning the repair of the apartment please note that the bedroom was as far away from the kitchen.

Secondly, outside of the bedroom must be the bathroom. Often doing private bathroom in Suite room.

And third, bedroom Windows must go to the East, Southeast or South.

Repair is commonly performed using available cash and fashionable designs. But do not get involved nor savings, nor the race for building new products.

When choosing finishing materials in the first place it is necessary to consider their environmental quality. Natural materials: wood, cork, textiles, do not cause allergic reactions and contribute to a good rest during sleep.

The floor is preferably covered with wooden floor. You can replace the laminate, made of cheaper materials. Carpet although pleasant to the touch, but it serves as a store for a dust that can aggravate allergies in the household. For comfort and warmth enough to put woolen rugs on wooden floor near the bed.

Wallpaper for the bedroom area should be plain or with a subtle pattern, so as not to induce fatigue. The matte surface of the walls creates a feeling of comfort. Popular embossed printable Wallpaper. Paint color, you can choose to your taste, and the pattern on the Wallpaper adds a chic bedroom. If you have any difficulties with the selection of materials, it is better to entrust the repair of apartments professionals like ServiceNow Event Correlation who will be able to offer suitable options.

If we talk about the choice of colors for the bedroom area, you should follow the basic rules. First of all, use soothing colors: blue and green. With purple you have to be careful because it causes melancholy. It is better to include in the interior of the individual parts lilac or purple flowers.  The same applies to shades of yellow and orange. Red stimulates the nervous system, so it should be avoided in the interior of a bedroom or careful to choose the shades and combinations. You can also check this to add other shade of colors. Designers often experiment with shades of gray, brown and black colors. However, if you make repairs on their own apartments, it is better to listen to your own feelings, and not to fashion trends.

Perform the repair room inexpensively and quickly, the repair cost of a room largely depends on the types of activities that will be held indoors.

jody kriss report

New Law Protects Tenants in Foreclosure Properties


The annals of real estate are replete with stories about people renting homes, and paying their lease responsibly. Then they receive a notice that they being thrown out on the street because a landlord has been keeping the rent money and not paying their mortgage. However, under a new law, that foreclosure cannot be a surprise to the family of tenants because property managers and landlords must now disclose in writing, any notices of default recorded against a property.

New law

Supporters of the bill believe that this will help tenants make more informed decisions about where to live and how long to live there. Of course opponents of the legislation say that these disclosures will actually hasten foreclosure since tenants will likely steer clear of properties with a default history.

Some of the most proactive renters’ rights laws and regulations in the country, so this new bill likely comes as little surprise to those already living on the west coast. Landlords already must take existing tenants with the purchases of new property, and most tenants have the right to carry out their leases even if the property changes hands or have 90 days (or more) in which to vacate.

Foreclosure Disclosure

The entire written disclosure must be written in a specific manner, as follows:

“The foreclosure process has begun on this property, and this property may be sold at foreclosure. If you rent this property, and a foreclosure sale occurs, the sale may affect your right to continue to live in this property in the future. Your tenancy may continue after the sale. The new owner must honor the lease unless the new owner will occupy the property as a primary residence, or in other limited circumstances. Also, in some cases and in some cities with a ‘just cause for eviction’ law, you may not have to move at all. In order for the new owner to evict you, the new owner must provide you with at least 90 days’ written eviction notice in most cases.”