Categories
Lenders

No Letters, Please | Fair Offers and Equal Housing

This was a wonderful article that Carrie Stone with United Home Loans shared with me, it perfectly explains why I longer include this with offers.

Thank-you Carrie

Have your pre-approval ready; let’s go in over the asking price; and it might help if you write a letter to the seller… *record scratch* … Oregon recently passed a law banning letters to sellers, dubbed “love letters.” And more and more listing agents across the country are asking buyers to leave the letters off the table. In a market where every little detail counts, how can we use our mortgage expertise to replace (and then some) the practice of writing letters?

Dear Seller

Why did they ban “love letters”?   

Consider some typical topics contained in these letters… We couldn’t imagine a better backyard for our children to play in… With Christmas coming up, we can see ourselves hosting family in this house… Now consider that fair housing regulation prohibits discrimination based on familial status, religion, and a whole host of other protected classes. While very unlikely that most of these letters are written with deceptive intent, biases do exist, and regulation is designed to keep personal bias out of the housing market. 

Impartial Advantage

There’s no arguing that a loan program will ever have the heartwarming touch of a personal narrative. But the right loan program does give your buyer a fair, and maybe even more substantial,advantage. 

To make non-contingent offers, turn to a Bridge Loan. Existing homeowners can use the equity in their home as the down payment on the next one with a Bridge Loan. In this “buy now, sell later” scenario, your buyer is able to make a more appealing offer than if they required a contingency clause. 

Get pre-approved for a 3% down loan that is not FHA. Not all sellers will accept an FHA loan. But that doesn’t mean your buyer needs to come up with 5% in order to make an offer. HomeReady and HomePossible loans are conventional programs that allow 97% LTV. 

Step One: Pre-Approval

Depending on your buyer’s unique situation, there are a host of solutions available. But the universal advantage point? Pre-approval. Anytime you need one, you know how to get in touch with me.

Today’s Rate

Carrie Stone

Vice President, Mortgage Lending

United Home Loans

cstone@uhloans.com
office: 708.531.8319
cell: 773.569.2444 
NMLS #1547326
uhloans.com

Categories
Neighborhoods

Dickinson Estates ~ St Joseph Michigan

Located off Dickerson Road in St Joseph is a private secure subdivision called Dickinson Estates. You enter the subdivision through the main road planked by brick monuments announcing the subdivision. These beautiful homes are custom built by Heritage Homes and sit on quiet wooded lots. The homes that have already been built are high end. There are still lots available. This area was formerly a part of the Dickerson Family Estate. The subdivision has a private tennis court, play area for kids with swings and slides and a private soccer field. The homes sit in the St. Joseph School District. 

 Looking for a home in St Joseph Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact
Check out other neighborhoods with my Neighborhood Directory.

Categories
Neighborhoods

Bryn Marr ~ Stevensville MI

Bryn Marr is located off Cleveland Avenue in Stevensville Michigan. This is one of several older well established neighborhoods in this area. These homes were built in the 1960’s. The homes have mature trees that line the streets. This area is part of the lakeshore School District. Stevensville is located just north of Harbor Country and next door to St Joseph. This area is an easy 2 drive from Chicago Il.

Looking for a condo in St Joseph Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact
Check out other neighborhoods with my Neighborhood Directory.

Categories
Condo Neighborhoods

Going Back to School with Jefferson Lofts

Jefferson Lofts have 22 units located off State Street in St Joseph, Michigan. These high end condos are housed in the remodeled Jefferson School House. These residential lofts feature granite countertops, walk-in showers and stainless steel appliances. These affordable lofts are conveniently located just blocks from Lake Michigan and downtown St Joseph. Amenities include onsite parking, some private patios on some units, optional garages, both an indoor fitness and common area. One of the best parts of living at Jefferson Lofts is that they handle both the snow and trash removable. If you are looking for a unique condo with individual character I have found a home for you. 

 Looking for a condo in St Joseph Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Check out other neighborhoods with my Neighborhood Directory.

Condos For Sale ~ St Joseph MI

Categories
Condo Neighborhoods

Diamond Point Condominium ~ New Buffalo

Off East Buffalo Street in New Buffalo is a luxury neighborhood with both townhomes and cottages. The complex sits on a hill and 12 acres.The units have fantastic views of Lake Michigan. They market this complex as maintenance, free family and pet friendly. Association fee includes all yard care, snow removal in all common areas and your driveway, maintenance of everything associated with the clubhouse including indoor pool, hot tub, fitness center, showers and kitchen area. Welcome to your own resort. Kick back and watch the big game on the large screen TV in the clubhouse. Less than a mile away, enjoy restaurants, galleries and shopping. These great homes are just 90 minutes from Chicago.

Looking for a condo in New Buffalo Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Check out other neighborhoods with my Neighborhood Directory.

Condos For Sale ~ New Buffalo MI

Categories
Condo Neighborhoods

Camp Buffalo Cottages ~ New Buffalo

Located off Franklin Street in New Buffalo is a community of 19 cottages that sits in the trees. Within walking distance to the New Buffalo Beach and all that downtown has to offer. The association includes a community Clubhouse with a large screened porch, party room, fireplace and kitchen. The clubhouse looks like a great place to entertain.

There is also a heated inground pool with outdoor showers, outdoor theater and a fire pit. There is a neighborhood city run playground, running track and board approved tennis courts next door.  This community would make both a great vacation home and a full time residence

 Looking for a condo in New Buffalo Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 ContactCheck out other neighborhoods with my Neighborhood Directory.

Condos For Sale ~ New Buffalo MI

Categories
Condo Neighborhoods

Marina Grand Resort ~ New Buffalo

Located on the Harbor in New Buffalo, Michigan is a Hotel / Condominium Resort called Marina Grand Resort. This is the sister property to Harbor Grand Inn. The amenities include both an indoor and outdoor pool with on site management. There is a popular waterside restaurant called Bentwood Tavern. There is also a great coffee shop called Joe’s. This complex is just an hour outside Chicago.

Check out other neighborhoods with my Neighborhood Directory.

 Looking for a condo in New Buffalo Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Condos For Sale ~ New Buffalo MI

Categories
Condo Neighborhoods

Camelot Place Condominiums ~ St Joseph MI

Camelot Place Condominiums are located off South Cleveland Avenue in St Joseph Michigan. The complex has both one and two story condos. The common areas and courtyards landscaping gives the area a park like feel. They have standard amenities including clubhouse, pool, maintenance, tennis courts and garages.  They are in the St. Joseph School District and are close to several of the Lake Michigan beaches in St Joseph. They would make great vacation second homes for people wanting to get away from Chicago and South bend.

Looking for a condo in St Joseph Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Check out other neighborhoods with my Neighborhood Directory.

Condos For Sale ~ St Joseph MI

Categories
Condo Neighborhoods

Forest Beach Villas ~ New Buffalo, Michigan

Forest Beach villas is a great Harbor Country gated beach community just south of New Buffalo and north of Grand Beach. There are two communities with single and multi-family homes. Located in the heart of Harbor Country and only an hour and a half from Chicago, makes this complex great for vacation homes. There are a lot of association amenities; deeded access to a sandy private beach with a fire pit with fantastic swimming, large pool with party area, playground, walking trails, beachside showers and restrooms, fitness center and tennis courts to name a few.

Check out other neighborhoods with my Neighborhood Directory.

 Looking for a condo in New Buffalo Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Condos For Sale ~ New Buffalo MI

Categories
Condo Neighborhoods

321 State Street Condominiums ~ St Joseph Michigan

Off State Street in downtown St Joseph Michigan is a condo complex that is the renovated Fischer -Landis Building. The upper floors have been renovated into condos, there is  an elevator to all floors and the third floor has a  roof deck with views of Lake Michigan and St Joseph. The Association fees include snow removal, sewer, trash and water. This great location is only 3 blocks away from silver beach and within walking distance to Lake Bluff. They are around two hours from Chicago.

Looking for a condo in St Joseph Michigan  or Berrien County, Michigan  let Valerie Bomberger ABR, AHWD with Re/Max Harbor Country help. Call / Text 269-208-4750 Contact

Check out other neighborhoods with my Neighborhood Directory.

Condos For Sale ~ St Joseph MI