Establish Good Credit Habits!

Establish good credit habits!

Be sure to pay all your bills on time and try to develop good spending habits! Good spending habits and establishing good credit habits are key to being approved for a home loan.

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate

Tap Your Relatives for Advice!

Tap your Real Estate agent relatives for advice!

If you have family members in the real estate business or have been successful in home buying, give them a call and find out all you can!

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate

Pride in Property!

Pride in Property! Become a Homeowner today!

You can still become a homeowner today. Please believe that there is pride in property! There so many benefits to owning your own home so if you are up for the challenge then you can become a homeowner today! Pick up a newspaper! Turn on your television! Ride down the street! There is property everywhere! You will face many decisions when buying a home. For most people, buying a home is one of the most important decisions of their lives. The decision is not usually an easy one. But, trends in home prices and mortgage rates, combined with the tax advantages of home ownership, make this an excellent time to turn the home of your dreams into a reality. When you are thinking about buying a home, you may want to consider the many advantages to homeownership:

1. You enjoy being part of a community and a neighborhood.
2. Houses can increase in value over time, which means you increase your net worth.
3. As your home appreciates in value, you build equity in your home. This equity works for you if
you decide to take out a home improvement loan or home equity loan. Increasing equity also
increases the amount of cash you may receive if you sell your home in the future.
4. Real estate is an important part of a diversified financial portfolio.
5. The mortgage interest you pay on your affordable home mortgage is often tax deductible.
6. Homeownership offers more flexibility to make changes to your living space, such as painting
your walls or putting in new carpeting.

Also, there are added responsibilities that come with homeownership:

1. You are responsible for fixing and maintaining the exterior, such as roofing, windows, and
landscaping; and the interior, such as carpeting, plumbing, and painting.
2. You may need to purchase basic household items such as a lawn mower, garden tools, and
major appliances.
3. Upkeep on a house can be time consuming and costly.

Remember, there is pride in property!

Whether you’re buying solo, with a spouse, or with a group of friends, here are some things to think about when deciding on a house!

• creating a realistic budget
• picking a great real estate agent, mortgage broker, home inspector, and other professionals
• choosing a mortgage
• borrowing a down payment from family and friends
• doing a thorough property inspection
• making an offer and closing the deal

To get professional advice and more information on purchasing a home call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com.

Annetta Powell
Queen of Real Estate

Research Where You'd Like to Live!

Research where you’d like to live!

This is the first step in home ownership. Finding the perfect neighborhood for you and your family is very important.

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate

Pave the Road to Your First Home!

Pave the Road to your first home!

Buying a home is one of the most important decisions you will ever make. It will take time, money and lots of energy. Before you get started, there are some things you will need to learn and do before making that huge purchase. One of the keys to paving the road to your first home is great planning. The first question you answer should be why do you want to buy? You also need to decide if you are ready. Most couples dream of owning their own home and being able to raise a family in it for years to come. The first thing you and your spouse should do is sit down and decide if you both are ready for this huge commitment. Sometimes it’s not always about the money, it’s about the energy it will take and the process you will have to go through. If you and your spouse intend to have children then buying a home is a great investment.

Another key to paving the road to your first home is finances, meaning do you have the money?
Homes and financing are closely intertwined. You will be happy to know that over the years new and innovative loan programs have evolved which require a 5 percent down payment or less. In fact, a number of programs now allow purchasers to buy real estate with nothing down. In addition to a down payment, purchasers also need cash for closing costs (the final costs associated with closing the loan). Several newly emerging loan programs not only allow the purchase of a home with no money down, but also underwrite closing costs. Not everyone, however, elects to purchase with little or no money down. Less money down means higher monthly mortgage payments, so most home buyers choose to buy with some cash up front. Those great loans with little or nothing down are not available to everyone: You need to have decent credit, which generally means a 580 or above.

Another component is making sure that your financial house is in order! In the excitement of searching for homes and thinking about how you are going to decorate, there is something important that every couple needs to be sure of and that’s taking care of bills and debt before attempting to purchase a home. Start now by paying all of your bills on time. For at least one year prior to purchasing a home, you should assure that every credit card bill, rent check, car payment and other debt is paid in full and on time. If you have a steady job and a reasonable credit history, there is a good chance that you can find a home lender who will lend you most of the purchase price of your new house. Home loans are also called "mortgages," I have discovered that this word comes from a Latin phrase meaning "pledge unto death." Lenders expect to get paid on time and it’s important to make sure that you are financially capable of assuming such a large amount of debt.

Don’t let the hard work and pressure of buying a home get to you. Buying a home will be fun and exciting, as well as time consuming. These are just a few of the things you will need to think about to pave your way to your first home!

To get professional advice and more information on purchasing a home call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com

Annetta Powell
Queen of Real Estate

Vision Tip of the Week: Plan Ahead!

Plan Ahead!

When purchasing your first home be sure to have a sound plan. Do your research and find out what you need to do in advance!

Visit www.visioninvstmentcorp.com for more information!

Annetta Powell