Great News For Foreigners!

Instead of tying up all your cash when investing in Real Estate, you now have the option of financing up to 70% of the property value. We can finance all type of residential properties including high rise condos, town homes, condo-hotels and single family. Also, we can finance up to 2 properties per investor and title of property can be under a corporation name.

Minimums and Maximums

Minimum loan amount is 100K and there is no maximum. We go up to $2Mill plus.

Qualifications

To qualify is easier than ever, all we need is an accountant letter from country of origin referencing income for the past 2 years and current, 1 banking credit reference with a 24 month history, current visa and passport and if all funds for the purchase are in a US bank account, no questions asked.

An award-winning mortgage banker, Andres has consistently proven to be one of the best in the industry. Contact Andres today at 786.556.1115 or via email to receive the personalized service you deserve and the home financing solutions you need!

90 Day Reprieve

We’ve passed the June 30 deadline for extending the tax credit deadline, but finally the U.S. Congress approved a bill extending the closing deadline for home buyers trying to take advantage of tax credits ($8k for first timers and $6,500 for primary residences).

Must Have Been Under Contract By April 30, 2010

Home buyers with contracts signed by April 30 who failed to go to closing by the June 30 deadline will now have until September 30 to complete their purchases, assuming that the President signs it.

Just wanted to clarify in regards to the extension of the tax credit. it is not officially approved yet but it looks promising. Yesterday the U.S. House of Representatives overwhelmingly approved an extension to 9/30. Of course, however, the Senate must still approve the measure before President Barack Obama can sign it into law. Of course thousands of settlements may not be completed by Wednesday because settlement offices are slammed with buyers trying to close on transactions by the end of this month in order to receive the funds.

Lets hope the Senate makes a wise decision. I will keep you all posted.

JUST IN – Of  DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)–The Senate Wednesday approved more time for homebuyers seeking to claim a federal tax credit, but tabled a six-month extension of jobless benefits.

The homebuyer measure would help only those that entered into binding contracts before April 30. It would give such homebuyers until Sept. 30 to close the sale. Under current law, they would have had to close by today to be eligible for tax credits.

It passed the Senate by unanimous voice vote. President Barack Obama is expected to sign the homebuyer measure, which the House passed earlier this week.

An award-winning mortgage banker, Andres has consistently proven to be one of the best in the industry. Contact Andres today at 786.556.1115 or via email to receive the personalized service you deserve and the home financing solutions you need!

Well there was drama, but at the end of the day, the tax credit for home buyers will be extended to September 30th.

Great News For Local Markets

Now, areas where the EWM Guys list and sell homes will once again create a sense of urgency and facilitate more transaction that might normally be realized.

Broward County To Stay Hot

Areas like Weston, Davie, Southwest Ranches, Plantation, Southwest Ranches, Sunshine Ranches, Pembroke Pines, Miramar, Hollywood, Hallandale, Las Olas, Fort Lauderdale will all benefit from this news.  The market is beat up but sales have been brisk and the uptick in activity is a positive for the industry!

For more updates bookmark us or feel free to add a comment.  The EWM Guys would love to hear from you!

When Juan and his wife Rita decided to buy in Weston, they were looking for a deal!  Like everyone else, they wanted to capitalize on a short sale or foreclosure and do so in a timely manner.  Typically, distressed deals take an inordinate amount of time, especially short sales because of the 3d party (lender) requirements, verifications, BPOs and ultimately approval by the sellers lender that the shortfall amount will be accepted.  *** this deal got done in 60 days!***

“I commend you and your team for a job well done. This was a tough deal and at the end all your efforts to close paid off . Thank you.” (comment from happy Buyer, Juan Naranjo standing next to “EWM Guys” team member James San Martin)

We have the tools, technology, law and business backgrounds and above all else, the attitude to get you the best deals out there.  Call or contact us to find out what we can do for you!

The EWM Guys can help NEW Buyers buy NEW Homes!  Don’t buy something without proper representation.  We can assist at every step of the way, including:  [1] setting appointment to see homes, new developments, etc.

[2] connecting you with bank/lending professionals who will make sure that you are qualified to buy at the price you want, with the mortgage rate you need;

[3] tracking the entire purchase process beginning with contract review, intense negotiation on your behalf, escrow deposit assurance (know that your deposits are safe!);

[4] walk through, inspection and appraisal contingency assurances so that you have peace of mind throughout the process.

We are here to help always.  Contact us today to visit Parkland’s newest development or if you are in the market for ANY home, you can find your dream address right here!

The EWM GUYS are happy to introduce another stunning home in beautiful Weston, FL

This completely renovated home has been exquisitely redone with every detailed considered and no expense spared.  It offers a wonderful lifestyle in a family friendly city within Broward County.

Located in West Broward, with phenomenal schools, great shopping, fantastic restaurants, it also boasts the Cleveland Clinic hospital minutes away, close proximity to all major highways and short routes to major international airports (MIA and FLL).

The home itself features 3 bedrooms and 2 baths plus GREAT room, Gourmet stainless steel/granite kitchen, designer tile/marble floors, beamed ceilings, French doors, hurricane impact glass and the list goes on… For more information and photos please visit 2142austin for pics and Virtual tour.

To schedule a private showing for this home or for assistance with any real estate transaction, the EWM Guys are hear for you!  Call us now at 954-650-4443 or contact us here.

The Gap Between Monthly Rents and Mortgage Payments is MINIMAL!

Years of falling home prices coupled with extremely low interest rates have arguably created one of the best Buyer’s markets ever (if you can qualify for a loan from a a lender who will actually lend money).

Tough Lending Standards & Unemployment

Traditional lending standards have become the norm as bank and lending institutions stay routinely averse to risk.  And unemployment hovers around 10 percent.  These statistics wouldn’t suggest opportunity, but with depressed prices, Federal tax incentive programs and an abundance of distressed properties on the market, it really is a great time to buy.

The Analysis of 45 Metro Areas

Marcus & Millichap Real Estate Investment Services conducted an extensive study in an effort to determine the real difference between monthly rents and mortgage payments.  The difference: $264, which, according to the study, is negligible and lower then the price difference of 1993.  The study was based upon:

[1] a 10% down payment;

[2] a 30-year fixed mortgage at 5.07%;

[3] buyer paid for PMI.

Obviously, geography plays a role and pricier markets like NYC still show a wide gap between renting and buying, but nationally speaking the study suggests a very revealing phenomenon, namely, that those who never EVER thought about buying are now beginning to wonder … f the cliche … all that talk about the American Dream, HOME OWNERSHIP, can possibly be a reality.

The Truth.  The EWM Guys can find you a home that you can call “YOUR OWN”.  Call or contact us today and put us to work.  We will make the dream a reality and you’ll be sitting by your pool celebrating by summer!

• Homebuyer Credit. Homebuyers who have a purchase contract to buy a new home by April 30, 2010, and settle by June 30, 2010, may be able to claim $8,000 in a tax credit. If you want to buy a replacement home, homebuyers may be eligible as well and get a $6,500 credit. You must have lived in the same home for 5 consecutive years during the past eight years.
• There are some income restrictions and documentation requirements. See the IRS’ First-Time HomeBuyer page.

Be sure to check out all the details about the HomeBuyer Tax-Credit, courtesy of the NAHB.

The “EWM Guys” truly want to make sure you take advantage of this opportunity.  Ask us how we can help you find that dream home you always wanted and be eligible to claim what you deserve. Check out my profile and, if you wish to comment or have questions, leave a comment below or contact me.