Your First Home Headquarters

Lowest Home Prices in Years . . .
And lowest % ever fixed rate 30yr available for all buyers.

When you get into homeownership it is for the long term
You get to live in your investment - and you're poised to come out well ahead

Your First Home

FROM YOUR HEART FOR YOUR SECURITY

You know you've arrived when you come home to your very own home.

Nothing beats the feeling of walking through the door of the home you own

Recently Lawrence Yun, chief economist and senior vice president of research for the NATIONAL ASSOCIATION OF REALTOR®. shared his views "As an investment, the $10,000 invested as a down payment on a typically priced home for the typical 5% annual appreciation will net $110,000 over 10 years.
"That’s what the power of leveraging means."
That same $10,000 invested in stock appreciating 10% annually will return $23,600.
No wonder the Federal Reserve Board consistently finds a staggering difference in average net worth between home owners and renters:
$184,400 vs. $4,000."

As it has always been - . . .
housing is our bedrock investment.
It will continue to generate a nest egg for us long after we’ve turned off the television and forgotten what was said in the sensation-seeking story of the moment."

* text from Lawrence Yun, chief economist and senior vice president of research for the NATIONAL ASSOCIATION OF REALTORS®.

Rent vs own

Spent vs invested

You are Paying for it - Why Not Own It?

example: 22 Elm Ave., Blackwood $159,900

Sales Price: $159,900
Monthly payment = $1490/ month total
using 4.25% Fixed Rate
(rates fluctuate, todays rate is lower - 3 3/4% oct5)
3.5% Down Payment = $5596.50
3.0% Seller Assist = $4797.00
Total Needed at Closing including down payment and deducting seller assist = $8500

Rent: $1600

$4000 = 1st monts rent + 1 1/2 month
Security Deposit

$8500 cash for purchasing is partial offset by $1490 advantage of payments in arrears (mtg) vs pmts in advance (rent)
When you purchase you do not make a mortgage payment that month or at the first of the next month.
$7010 out of pocket cash to own ($1490pmt) vs $4000 to rent($1600pmt)

Haven't saved for homeownership?
If you've been reasonable with your credit (you do not have to be perfect)
With a special program through the State we will get you into the home of
your dreams for LESS than the above example but a slightly higher pmt.

Ask about insurance to make your payments if you become unemployed - Yes you Can!

Featured Homes with interior tours plus full MLS Directions to our office Financing your new home