Monday, May 24, 2010

Thinking about making a move? I did!

My signs may change, my dedication to my clients won’t.
I wanted you to be one of the first to know that I have made the move to real estate leader, Keller Williams Signature.

I look forward to sharing with you how my move makes you making a move easier!


Edmond "Donte" James, Realtor
________________________________________

832-647-1769 (direct)

281-579-4991 (fax)

http://www.thenewlywedrealestateagent.com/

Friday, May 21, 2010

The Numbers Don't Lie

Look at this scenario:

Purchase Price:  $150,000
Down Payment:  $5,250 (3.5% of Purchase Price)
Loan Amount: $144,750 (Purchase Price minus Down Payment)
Interest Rate:  4.94% (http://www.bankrate.com/ as of 05/19/2010)
Term: 30 Year Fixed
Payment: $771.75 (Principal and Interest)
Monthly Payment for Taxes and Insurance: $400 (An Estimate)
Mortgage Insurance: $100 (An Estimate)
Total Monthly Payment: $1,271.75

If you have a 620 credit score, money saved for a down payment and closing costs, can document your income, you can own a home. How much are you paying for rent? If it is close to the total monthly payment in this scenario, you could be paying that money towards your own home. Of course the numbers in this scenario can be more or less depending on the purchase price of your new home.

Give The Newlywed Real Estate Agent a call today @ 832-647-1769 to get you and your spouse qualified and approved for your New Home.