Large Ocala Short Sale $95,000

This is a great Ocala short sale. The bank has approved a cash buyer or conventional loan buyer for this home. Bank is wanting offer to get this home sold.

If you have any questions, please call Rhonda, Ocala Short Sale Specialist at 352-266-2637.

Find more virtual tours of other short sales or great buys!
Let me know how I can help you with an Ocala short sale or other real estate needs.

Get $8000 Now or Never

If you’re planning to claim use the credit and haven’t started looking for a home, your clock is officially ticking. You must be closed on your new home on or before December 1.

Because purchase closings come 45-days standard, therefore, your $8,000 is in jeopardy unless you go under contract prior to October 12, 2009. That’s 93 days from now.

In Ocala, Florida we have many bank owned properties to pick from. Remember you must have a pre-approval letter to submit at time of offer. If you need a good lender to help find the best program for you, call Rhonda 352-266-2637.

There are many ways to find homes. Search properties yourself. Or use a buyers agent at no cost to you. I would be able to pull all homes that are for sale in Marion County. It just take a few minutes on the phone to find out the specifics of what you are looking for. Call Rhonda 352-266-2637 and lets find you a home so you can receive $8000.

Are you doing harm to your credit score?| Let’s fix your credit score!

Do you Have Above-Average Credit? Do you understand what harms your credit? This little quiz will test your knowledge on how well you know what the credit reporting agencies do to rate you and what you should and should not do to keep a great score.

Market Issues by Jeff Mandel and Marlin Brandt Print Article Print Article
Forty-two percent of U.S. consumers have credit scores between 550 and 699. As a result, these consumers typically don’t qualify for preferred interest rates and, depending on their overall credit profile, they may not even qualify for certain loans and credit cards. The primary challenge is that most consumers don’t understand what impacts their credit profile and, more importantly, don’t know what actions they can take to help improve it. This short quiz will help test how much you know about your credit profile and how it works.

1. To have the best credit profile impact, what is the maximum amount of your monthly credit line you should use?
a) 70%
b) 30%
c) 50%

2. What is the top contributing factor to what makes a good credit score?
a) Length of credit history
b) Amounts you owe
c) Payment history

3. If you pay 2% each month on your credit card (typical minimum payment), when will you pay off a $3,000 balance at 10% interest?
a) 18 years
b) 6 years
c) 3 years

4. After paying off a high-interest credit card, you should:
a) Continue using it occasionally
b) Close the account
c) Use the full amount of available credit every month

5. Applying for credit cards in order to just receive a free sign-up gift (t-shirts, mugs, etc.) has no impact on my credit profile?
True or False

6. Rewards points on credit cards are a good deal when:
a) I get cash back
b) I get free airline tickets
c) I carry no balance each month

7. To have a credit score, I must have at least one creditor reporting activity on my credit report for:
a) 12 months
b) 8 months
c) 6 months

8. Credit bureaus that manage your personal credit report data and credit scores are a:
a) Government entity
b) Non-profit agency
c) Regular business corporation

9. Banks and credit card companies think you are credit-worthy by how many credit offers you receive by mail?
True or False

10. Credit scores are used by lenders mainly to:
a) Tell how I compare to other consumers
b) Tell if I make my payments on time
c) Predict the likeliness that I will repay my loan on time

Answers: 1 – c, 2 – c, 3 – a, 4 – a, 5 – False, 6 – c, 7 – c, 8 – c, 9 – False, 10 – c

If you find you answered more than half of these questions wrong, you’re not alone. In a survey, we found that the majority of consumers do not know the answers to these and similar types of questions. On average, U.S. consumers have a total of 13 credit obligations on their credit report. These include installment loans (auto loans, mortgage loans, student loans, etc.) and credit cards (such as department store charge cards, gas cards, or bank cards). As a result of the numerous outstanding credit obligations, combined with the lack of proper knowledge and guidance about what impacts their credit profile, the average U.S. consumer ends up spending thousands of dollars on unnecessary interest expenses.

The good news is that it’s not too late. With a good understanding and proper guidance of how credit works, consumers can learn how to effectively manage their personal credit profile.

Improvements can be obtained fairly rapidly. I work with a great lender that will help you get your credit back on track. Give Rhonda a call 352-266-2637.

Do you want help with $8,000?

Do you need help with down payment on buying a home? The state of Florida is trying to help with $8,000. They have decided to have the SHIP program disperse the tax credit to those who qualify. You will pay back the State when you apply for the Federal Tax credit on your tax return. Call Rhonda 352-266-2637 to see how to receive your $8,000 down payment assistance.

TALLAHASSEE, Fla. – July 8, 2009 – Trying to get the $8,000 tax credit down payment loan to help a home buyer? Local officials charged with administering the SHIP (State Housing Initiatives Partnership) program and, by extension, the Florida Home buyer Opportunity Program’s (FLHOP) $8,000 tax credit bridge loan peppered state officials with questions yesterday in a conference call.

On the positive side, Florida lawmakers decided to offer a bridge loan to first-time home buyers eligible for the federal government’s $8,000 tax credit through an existing state program. That gives the loan program an existing framework and avoids setting up a new system for disbursing money. On the negative side, the FLHOP program rules differ from SHIP rules, and local SHIP officials voiced a number of legal and pragmatic concerns over the new loan program.

The Florida Housing Finance Corporation, which oversees local SHIP officials, released a FAQ list about the Florida Home buyer Opportunity Program. The complete FAQ can be found on the FHFC website .

For additional tax credit info, videos, radio ads, an IRS form, posters, flyers, down payment programs and REO resources, visit FAR’s Home buyer Center.

Rhonda Buckner can help you with any real estate need in Marion County, Fl 352-266-2637. If you do not know if you qualify give me a call. I will help you through the home buying process.

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