Real Estate

Hilton Parkes First National Real Estate sold our home fast and for a great price. They are not pushy like the other 2 agents we interviewed. Hilton Parkes are very professional and they help you feel relaxed through the whole sales process. Thank You for helping us feel so comfortable and getting such a great result. Best Wishes Julia and Milad.

Duration : 0:2:21

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For more information about this property, please contact First Team Real Estate at 866-938-5812.
View all our videos at http://www.youtube.com/FirstTeamProperties
Company website http://www.firstteam.com
MLS ID: S614676

A Truly Delightful 4 Bedroom Home LOADED w/Custom Upgrades!Fantastic Location on a QUIET CUL DE SAC Street which is walking distance to Blue Ribbon School and Whiting Ranch Wilderness Park***EQUITY SELLER/STANDARD SALE***The Exceptional Open Floor Plan makes this Beauty an Entertainers Dream Home.!!INCREDIBLE GOURMET KITCHEN Remodel,Custom Cabinets By Brookhaven & Wood-Mode.Gorgeous Granite Countertops & Tumbled Marble Backsplash w/Custom Inlays.Top of the line Stainless Steel Appliances & Oversized Granite Island w/pull outs.Spacious Breakfast Nook w/a wall of windows overlooking the lush landscape.Formal Livingrm w/Plantation Shutters,Recessed Lighting & Tile Floors.This.TURNKEY Condition w/NEW Carpets,Upgraded Baseboards,Freshly Painted,Recessed Lighting,& Window Casings.Dreamy Master Suite w/Vauled Ceilings,Dual Vanities,Seperate Shower, Sunkin Tub & Walk-in Closet w/Custom Organizers.Relaxing is easy in this TRANQUIL & PRIVATE BACKYARD SETTING overlooking a sloping greenbelt.

Duration : 0:4:13

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First Time Home Buyer Tax Credit Assistance and Federal Government Home Loan Program with Low Down Payment on FHA Mortgages. Buy Bank Foreclosed Homes at a Discount. Go To http://RealEstateMarketingThisWeek.com

Part 2 (Excerpt)

The median income family can afford twice the median priced home; prices drop over 50%

And now I mentioned Dan Havey is back in the studio with us, Dan has done a lot of great things in the mortgage industry. He left us about a year and a half ago, is that right Dan?

Yes, I left the mortgage industry in October of 2007. Tell us a little bit more about yourself.

As you know I came originally from Wisconsin, where I got a degree in Business Finance and I came out here in 1989 and started working with my brother selling real estate owned-REO, bank owned properties for Fannie Mae, Countrywide, and the Resolution Trust Corporation-RTC which was the government entity that was put in charge of disposing of all the real estate owned by the 1800 S&Ls that had failed. I did that until about 1995 when I moved into the mortgage industry and there for 12 years I worked predominately with bankruptcy attorneys helping their clients get out of bankruptcy and foreclosure. I left the mortgage industry in October of 2007. Now I am working predominately in the arena of marketing for real estate and mortgage companies, helping out companies, just like Im here helping out Michael today, to get people to realize that right now actually is a really good time to buy.

There are a couple of points I want to make and it was something that Michael had said earlier. The first one was that 4% interest rate. Originally Obama said a couple of weeks ago, when he rolled out the mortgage plan, that they were going to take the $200 billion and use it to buy mortgage backed securities, well the article I was reading today said it appears that plan may have changed. Instead of buying the mortgage backs they were actually buying the stock of Fannie and Freddie to help support the company and keep these companies going under. I dont quite understand why being how they own them now.

Well youve got to hand it to the government they have really done a heck of a job helping Fannie Mae out, for instance today the stock is up to $0.41. Wow, doing so well, I remember when it was $150 or so, where it was at the top of the market.

Today, right now is definitely the best time even if rates dont get down to the 4% point. The beauty of it and were going to talk more about this in a later segment, is that we have seen a 51% decline in home values from the peak of the market. So you dont have to have the absolute greatest interest rate in order to be able to buy a house today. The median home price right now is $130,000 in Maricopa County, it was $264,000 just two years ago.

So the median home price is $130,000? We are going to talk a little bit about what a person has to make to actually qualify for that. Well it is definitely well within the means of a median income family. Right now a median income family makes about $64,000 in the state of Arizona according to the US Census Bureau and HUD. I ran some numbers today, I think at 6% interest and at that rate they can buy a $280,000 house. So you can buy twice the median home price if you are making just what the median income family would be in the state of Arizona. So the median household income buys double the median priced house in Maricopa County. That is correct, at 6% interest.

And the reality of it is interest rates are not even that high right now. So for people to be waiting for that perfect interest rate of 4% it doesnt really matter if it gets here or not because right now is such an incredibly fabulous time to be buying a house. There are so many foreclosures out there on the market right now, there are so many short sales out there on the market right now, and the point you made earlier is very important, that people have to get in and get prequalified, know exactly what they can buy. Now in many cases you are going to need a down payment, so get with your mortgage broker, get with Velocity Financial and start working on that program of getting those funds together for the down payment as well.

Dan Havey we talked in the past about whats available for financing these days, interesting to give little pat on the back for Velocity Financial is one of less than 15% of all of the lenders in the state of Arizona that are qualified to do FHA financed homes. Now FHA financing, people used to think it was only for first time home buyers, thats no longer the case. The FHA loan which only requires 3.5% down payment it doesnt matter if you have owned a home before and in many cases you can own another home now so long as your new purchase is going to be your primary residence you can utilize FHA financing and put only 3.5% down.

Duration : 0:6:42

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For more information about this property, please contact First Team Real Estate at 866-938-5812.
View all our videos at http://www.youtube.com/FirstTeamProperties
Company website http://www.firstteam.com
MLS ID: S613025

be the first on to see this home on a beautiful tree lined street!! Original owner has taken great care of this home, many of the original items have been upgraded and replaced. Move in ready!! With the 8,000 Square Foot lot you will have plenty of room for outdoor parties and summer BBQs. Many fruit trees on the lot including Orange, Grapefruit, Persimmon and Avocado. RV access. There is plenty of room on the Lot to expand the home, many of the neighbors already have. The original Hardwood floors are still under the carpet!!!

Duration : 0:2:13

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Join Toby as she shares her knowledge about real estate trends in the Las Cruces area. Toby will walk you through the buying/selling process as well as deciphering the first-time home buyer policies.

Call (575) 527-7527 for Registration Info.

Learn more about DACC Community Education: http://dabcc-www.nmsu.edu/comed/

Duration : 0:1:8

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First National Real Estate tips on switching to Green Power

Duration : 0:2:6

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For more information about this property, please contact First Team Real Estate at 866-938-5812.
View all our videos at http://www.youtube.com/FirstTeamProperties
Company website http://www.firstteam.com
MLS ID: P726138

Located on a secluded cul-de-sac street and nestled high in the hills of Yorba Linda, this beautiful home offers spectacular 180 degree views of hills and city lights that are breathtaking. A spacious kitchen highlighted by granite counters, custom cabinets, large center island, warming oven and wine cooler are the perfect environment for the master chef. There is an oversized kitchen nook overlooking a serene pool and spa surrounded by lush landscaping. The family room (adjacent to the kitchen) is spacious with wonderful brick fireplace to warm you on those chilly evenings. The large 5th bedroom or bonus room is perfect for that extra teen space/getaway or pool table. A master suite with separate retreat, double sided fireplace and magnificent views from an oversized balcony are all fit for royalty and will make you feel as if you are on a constant vacation. a spiral staircase from the master leads to patio and pool below. *Please note there is a downstairs bedroom and bath.*

Duration : 0:1:33

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First National Real Estate is turning over a new leaf. Watch this video to learn about inefficient lighting around the home and how you can make a difference in your energy consumption by making simply changes.

Duration : 0:1:57

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For more information about this property, please contact First Team Real Estate at 866-938-5812.
View all our videos at http://www.youtube.com/FirstTeamProperties
Company website http://www.firstteam.com
MLS ID: 21347625

SILVER SPUR RANCH. Quality built – spacious home with southwest elements now at a great NEW price – the best value in South Palm Desert AND lowest $/sf. Cozy yet has lots of space with large rooms. Wonderful for entertaining and/or family living. Spacious 2 area living room w/ fireplace flows into very lrg great room w/dining area … which opens out to a covered garden din/ entertaining area. Large oasis pool, redone 2002 salt water, pebble sheen, new cool deck + beautiful mature tropical landscaping. Not a splash pool … can handle laps, volley ball or Marco Polo! Much sought after for neighbors,

Duration : 0:2:45

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With the expiration of the Government’s Mortgage Backed Securities repurchase program, rates are sure to go up, but by how much and how could someone take advantage of the current real estate and mortgage interest rate market?

Duration : 0:4:27

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