Are You a Buyer Who is Very "Payment Shy ?"

By
Real Estate Agent with New Home Hunters of Fort Worth and Tarrant County

If you have been looking for a new home in the Dallas/Fort Worth area for awhile, and are waiting for the interest rates to go down even further... I have something that should really interest you.  Don't wait any longer !

One of the many New Home Builders I work with has just come up with a special financing plan (hot of the press just yesterday) that is really fabulous.

The current interest rates out on the open market are hovering right around the mid-sixes... six and one half per cent to six and five-eighths percent.

This special interest rate program I am sharing with you is a thirty-year fixed interest rate program... that is fixed from years 3 through year 30 at FIVE and Seven-Eighths percent.

But... here is the really cool part.  The first two years of the mortgage plan have bee "bought down" by the builder.  So... the first year is 3.875 %.  The second year is 4.875 %.  And... as I mentioned above... years three thru thirty is fixed at 5.875 %.

This is NOT an ARM.  It is a thirty-year fixed interest rate program.

For more information about this incredible program, please call the New Home Hotline at (817) 929-3400.  Or, you may email me, Karen Anne, at KarenAnneStone@gmail.com.

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special financing thirty year fixed with a two one buydown

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Rainmaker
557,344
Lindsey Hasford
Coldwell Banker Vision

I like the option of buying down the mortgage with points. That's how I got into my first home and it was a really fabulous deal!

August 24, 2008 10:27 PM
Rainer
234,138
Susie Roscoe
Real Estate Specialist | Brandon, FL
Signature Realty Associates

KarenAnne, sounds like the Tarrant County residents have found thier GOLDEN GIRL who has all the magic in her wand!  Interest rates as well as home prices "there" sound like ti's a GOLDEN time to buy!

August 25, 2008 05:41 AM
Rainmaker
398,592
John Cannata
Texas Home Mortgage - Purchase or Refinance
214-728-0449 http://TexasLoanGuy.com

This is a good option Karen and I hope that you have some buyers that take advantage.  Good luck!

August 25, 2008 09:17 AM
Rainmaker
1,148,912
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Put 40 years of experience to work for you
Lyon Real Estate

Those are great rates, Karen. I find that buyers generally have a hard time understanding the concept of a 2-1 Buydown, but you did a wonderful job explaining how it works.

elizabeth weintraub land park real estate agent in sacramento

August 25, 2008 11:26 AM
Ambassador
1,805,765
Chris Ann Cleland
Associate Broker, Northern VA
Long & Foster REALTORS®, Gainesville, VA

Karen Anne:  Buyers would be foolish to not give this type of loan program nd brand new home combo a look!  What a great incentive.

August 25, 2008 11:52 AM
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Karen Anne Stone

Fort Worth Real Estate
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Additional Information

The Real Estate Market in Fort Worth and Tarrant County offers such a great value to both "first time" and "move up" buyers. Karen Anne's blog gives you up-to-date market news, and features many of the great homes available at great prices !