Agent Profile
My job is service...service to you and your real estate transactions! How can you benefit from my 25 years of experience and expertise? What can I offer to make the process more productive?
* Current information on available housing...comparative and competitive market pricing and analysis
* Daily involvement in the local real estate marketplace.
* Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business.
* Extensive network of professional resources to make the process as smooth as possible.
My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!
JANEESE JACKSON: 503-709-0802 or jj@janeesejackson.com
6 TIPS FOR NAVIGATING TODAY’S MORTGAGE MARKETS! With interest rates hovering just below 5%, high inventory, low prices and various incentives … it just could make sense to buy that first home, make that move up, down or around or pick up that investment property. Think about the options and always run the numbers!
1) Understand and Utilize the New Tax Credits! The latest government stimulus package gives a special tax credit of up to $1,500 for making certain home improvements (mostly for energy efficiency). Also, if you are buying a primary residence and have not owned a primary residence in the last three years, you may qualify for the new $8,000 first-time homebuyer tax credit. It can be claimed on your 2008 or 2009 tax returns. You do have to close by December 1st, 2009.
2) Consider Paying Points for your Mortgage Transaction or having the Seller Pay the Points. Mortgage “points” are upfront fees that you pay in order to lower your mortgage interest rate. One point is equal to 1% of the loan amount. You can negotiate into your contract for the seller to pay points on your behalf. In addition to the significant interest and payment savings you can enjoy, you will also receive a tax deduction this year for points paid by the seller for your loan. If you are selling a home, you can offer to pay those points for potential buyers as part of your marketing efforts. This will make your home more affordable for potential buyers and help your listing stand out from the from the other available inventory.
3) Carefully Structure Your Real Estate Short Sale Transaction. A real estate short sale is when a home owner sells their property for less than what they owe on the mortgages or lines of credit and the lenders involved give their permission to do this by forgiving the difference and/or releasing the mortgage lien on the property. If you are selling a home as part of a short sale transaction, make sure to negotiate for a release and full satisfaction of the mortgage from your lender.
4) Utilize the Special Options Available for Seniors Age 62 and Older. If you are 62 or older, you could use a reverse mortgage to buy a new home without making any monthly mortgage payments. This is an opportunity if you are contemplating a move but are worried about trying to sell your current home in this market.
5) Use a qualified Mortgage Professional. With all the confusion and misinformation in today’s market, it is more important than ever for you to work with a Certified Mortgage Planning Specialist who has the training and experience to help with the home buying and/or refinancing. Don’t hesitate to call for qualified referrals.
6) Use an Experienced Real Estate Broker. Use your real estate professional to brainstorm ideas and compare strategies.
About the Author | Janeese Jackson
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