Archive for Archive for January, 2008

Free Home Buyer Seminar at Dr. Nathan A. Pitts Ashburton Elementary-Middle School

On Friday February 1, 2008, I will be conducting a free Home Buyer Seminar for the employees and staff at Dr. Nathan A. Pitts Ashburton Elementary-Middle School along with Faraji Mason of Wells Fargo Home Mortgage. This will be the first in a series of seminars we have planned for the Baltimore City and Baltimore County […]

Posted by: najirashid on Wednesday, January 30th, 2008

Free Home Buyer Seminar!

On Wednesday January 30, 2008, I will be conducting a Free Home Buyer Seminar along with Corrie Ivey of Wachovia Mortgage Corporation. The seminar will be held at the Perry Hall Library 9440 Belair Rd. Perry Hall, Md. 21236 from 6:30-8:30pm. We will update you on the current real estate market and the available GRANT PROGRAMS. […]

Posted by: najirashid on Tuesday, January 29th, 2008

Federal Home Loan Bank of Atlanta

The Federal Home Loan Bank of Atlanta First Time Home Buyer Program is back in Maryland starting this month. The First Time Home Buyer Program (FHP) provides matching funds for down-payment and closing cost assistance to low and moderate income home buyers. In partnership with member financial institutions, The First Time Home Buyer Program awards […]

Posted by: najirashid on Monday, January 28th, 2008

FHA Loan Limits for Maryland Counties

Did you know that FHA has loan limits for each Maryland county? What that means is anyone who uses FHA financing can only purchase a property up to the maximum sales price allowed for that county.  The buyer can make up the difference between what is allowed and the sales price. For example if the sales […]

Posted by: najirashid on Thursday, January 24th, 2008

FHA Is Back!

From 2003 thru early 2007 it was very difficult to get sellers in Maryland to accept a contract in which a buyer was using FHA financing. FHA stands for the Federal Housing Administration. Traditionally this type of financing was great for first time home buyers but once we got deep into a sellers market FHA became a dirty […]

Posted by: najirashid on Wednesday, January 23rd, 2008

What Is A Short Sale?

For the past week I have been forwarding properties to my clients with the following remarks in the listing, “property subject to third party approval- short sale.” Some of my clients have called me wanting to know “what is a short sale?” This is what I explained to them. For homeowners who can no longer afford […]

Posted by: najirashid on Tuesday, January 22nd, 2008

Saturdays Home Buyer Seminar Highlights

Guess What? The majority of Saturdays attendees were already homeowners. They came for information on obtaining second homes and investment properties. The most popular question was “is it a good time to buy?” I explained to them the 4 reasons why now is a good time to buy. 1. Low interest rates. 2. Stable prices. […]

Posted by: najirashid on Monday, January 21st, 2008

Free Home Buyer Seminar

On Saturday January 19, 2008, from 6:00-8:00pm I will be conducting a FREE home buyer seminar at NA’KLECTIC Natural Hair and Spa located at 36 E. 25th Street Baltimore, Md. 21218. Faraji Mason of Wells Fargo Home Mortgage will be presenting along with me. We will be discussing the following topics; 1. The current real estate market what does it […]

Posted by: najirashid on Thursday, January 17th, 2008