All across america, we Realtors are sending letters to our senators to fight against the raising of down payments for home mortgage loans...Please read below and follow the link to the full article
Mortgage industry fights to keep 3.5% down payments
Changes to the current Federal Housing Administration requirement of 3.5% down on home purchases, is a clear example of this well-meaning, yet misguided directive coming from inside the Beltway, they said.
"NAR strongly opposes increasing the downpayment for FHA," said National Association of Realtors President Ron Phipps. "The correlation between downpayment and loan performance is significantly less important than the linkage to strong underwriting, which FHA continues to have. FHA's foreclosure rate remains less than conventional mortgages, so we don't believe changes to the downpayments would do anything but disenfranchise many creditworthy homebuyers." READ MORE>>>
Wednesday, May 25, 2011
Tuesday, May 3, 2011
Good News! Business is picking up in the Fairhope/Eastern Shore Area for Real Estate
With the market in such a long term distressed state, I am pleased to announce that we at Ashurst and Niemeyer are busier than we have been in a couple of years! We are listing and selling homes daily and are very excited at the evidence of the market making some upward corrections.
If you have been waiting to buy, or sell, now might be the time for you to make your move. Call me and the Judy Niemeyer Team today so we can discuss your situation.
Tamatha McElmurry
Ashurst & Niemeyer Real Estate
Office: 251-928-9265
Cell: 251-209-6650
Just south of Marriott's Grand Hotel...Great new listing on Mobile Bay, in Point Clear Alabama... Sunsets, boating, relaxing...$1,475,000.
Please watch this short video about a wonderful new bayfront listing in Point Clear Alabama.
This lovely home is located just south of Marriott's Grand Hotel directly on Mobile Bay. The main house is very spacious and is in immaculate condition with lots of light, heart pine floors and doors, and a traditional bayhouse style charm. The master bedroom is on the main level with separate HIS and HERS BATHROOMS and a private study that over looks the bay.
Up stairs there are 4 more bedrooms, a den and a sewing room that could also be a 6th bedrooms. As if that were not enough room for all of your friends and family, there is also a quaint carriage house above the garage that is very spacious with a bath and a kitchenette.
The wharf is very desirable with a large boat lift, an extended fishing/crabbing pier, and a galley. Come sit in the shade or sun on the deck while enjoying all that Mobile Bay has to offer.
Call Tamatha McElmurry with the Judy Niemeyer Team at Ashurst & Niemeyer Real Estate, 251-209-6650 for appointments. Or call Tamatha today to list your home. Thank you!
This lovely home is located just south of Marriott's Grand Hotel directly on Mobile Bay. The main house is very spacious and is in immaculate condition with lots of light, heart pine floors and doors, and a traditional bayhouse style charm. The master bedroom is on the main level with separate HIS and HERS BATHROOMS and a private study that over looks the bay.
Up stairs there are 4 more bedrooms, a den and a sewing room that could also be a 6th bedrooms. As if that were not enough room for all of your friends and family, there is also a quaint carriage house above the garage that is very spacious with a bath and a kitchenette.
The wharf is very desirable with a large boat lift, an extended fishing/crabbing pier, and a galley. Come sit in the shade or sun on the deck while enjoying all that Mobile Bay has to offer.
Call Tamatha McElmurry with the Judy Niemeyer Team at Ashurst & Niemeyer Real Estate, 251-209-6650 for appointments. Or call Tamatha today to list your home. Thank you!
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