BREAKING NEWS

New Rules of Options to pay Real Estate Agents went into effect August 17, 2024

BUYERS

CAN CHOOSE IF THEY WANT TO USE, AND PAY, AN AGENT TO BUY A LISTED HOME OR NOT -BUT ARE NOT REQUIRED TO DO SO- BETTER AND LESS EXPENSIVE OPTIONS EXIST 

SELLERS

NO LONGER HAVE TO PRESET AN AMOUNT TO PAY A BUYER’S AGENT IF THEY LIST THEIR PROPERTY FOR SALE

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Fed announces BIG 50 basis point RATE CUT
On September 18th, 2024!!
Lowest Mortgage Rates in 2 years.

Keith L. Eliou, Esq., CFP, RIA, MBA

- Financial & Retirement Planning

-Mortgages & Real Estate

-Elder Law & Estate Planning

-Asset Protection Planning

-Medicare & Retirement Planning

-Disability and Income Protection

- Life Insurance

- 529s and Education Planning

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Your Guide to FHA Loans: Making Homeownership Attainable

Your Guide to FHA Loans: Making Homeownership Attainable

Let's explore FHA loans, an essential tool for turning your dream of homeownership into reality. Here's a breakdown:

  1. Understanding FHA Loans: FHA loans simplify the home-buying process, particularly for first-time buyers and those with moderate incomes. They offer a more manageable mortgage journey.
  2. Low Down Payments: FHA-backed loans require down payments as low as 3.5%, making homeownership more accessible without the burden of a large upfront payment.
  3. Credit Scores: FHA loans consider more than just your credit score, making them viable options even if you've faced financial challenges like bankruptcy or foreclosure.
  4. Lender Protection: FHA provides security to lenders, which encourages them to support borrowers who may not fit traditional lending criteria.
  5. Customized Programs: FHA offers tailored loan programs to suit various needs, ensuring there's an option for everyone, from seniors aging in place to urban dwellers seeking rural tranquility.
  6. Inclusive Eligibility: FHA loans are open to all eligible applicants, debunking the misconception that they're exclusively for first-time buyers.
  7. Enduring Relevance: Established in 1934, FHA loans have stood the test of time, adapting to ensure homeownership remains attainable for future generations.

FHA loans are a valuable resource for achieving homeownership. They offer flexibility, accessibility, and long-term support. As you navigate the mortgage process, consider FHA as a reliable partner in your journey to owning a home.

Ready to take the first step towards homeownership?

Contact us today to explore how FHA loans can turn your dream home into a reality. Don't wait any longer to unlock the door to your future. Let's make your homeownership dreams come true together!