Wednesday, November 18, 2009

There Is Good News If You Look

There is so much negative in the headlines today that it may not be easy to find something good, but it is there if you search hard enough. Rates for example, I just posted some of the lowest rates in my career on my application web site: http://centurymortgageco.lendingstation.com/products.aspx

Folks, those are fixed rates! But some of them have points, you say!!! And we all know the late night real estate gurus tell us not to pay points. For years I have suggested that homebuyers can control the payment by how they manage the transaction from the beginning. What happens if you negotiate and have the seller pay the points on your behalf? Then it is possible to receive the new tax credit if you qualify and an additional tax deduction.
http://www.irs.gov/taxtopics/tc504.html

We are seeing the beginning of the influx of people because of the new jobs at Fort Knox, this can only be a plus for the entire region.

My company is having a bumper year; in fact a few weeks ago we surpassed the largest annual volume in the company’s history with two months to go. Rates are only partially responsible. Our staff has expanded while competitors have laid off personnel. There really is good news if you look for it.

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