Henry Rivera
Real Estate Purchases & Sales
Charles Rutenberg Realty of IL
1733 Park Street, #150 Naperville, IL 60563
Direct: 630-759-8021
Fax: 630-206-0960
 
 
 
 
 
Let me ask you two questions ...

Do you know where you are going to live when your lease is up?

Would you be paying to own your own home or paying to help your landlord pay his?

Here is what you get in the report ...

1   - Why you need to know your options

 

2   - Why most people get surprised with bankers (when buying a home)

 

3   - How to avoid unpleasant appointments with lenders

 

4   - Key strategies that will save you thousands!

 

5   - What to ask the lender that will give you buying leverage

 

6   - Sources of cash that you might have not realized were available

 

7   - Mistakes to avoid when dealing with lenders

 

8   - What type of real estate agent is best for you

 

9   - How to beat other "bargain hunter" buyers despite of a busy schedule

 

10 - Plus more ...


Bonus - 1
Since there has been so many changes in the banking industry in recent months, I'll throw in a report published by the Federal Reserve Board that explains closings costs.  Why should you care about these costs? Because they can be confusing and could cost you thousands of hard-earned dollars if you are not careful.

This 32-page booklet explains all the possible fees and costs that lenders throw in to make money.  After reading this you will know how to protect yourself from unscrupulous lenders.  In fact, you will get a list of all the federal offices where you can request additional information or file a complaint about any financial institution.  This applies to any bank, savings and loan, credit union, or other financial institution.

Bonus - 2
A worksheet to help you compare lenders.  Once you read the bonus report above, this worksheet will help you sort out all the different fees and costs that lenders charge to home buyers.  It is a great tool to help you decide which lender is best for your needs!

 
Yes, it is possible to become a homeowner (even in this market)!

Ask for your free report today and start you way out of the renter's rut.  Just complete the form below to get started.  By the way, Henry Rivera who is a licensed real estate agent, will be the only person using your information to service you.  The information is privately safeguarded.
 
 

"... 1st experience was a good one so we have no complaints ... The whole home-buying experience was very smooth ..."

 

Pablo Acosta and Andrea Horwath, Shorewood


Here is another former renter ...

"...no pressure, guided us very well, very informative, answered our questions in a timely manner..."
Joe and Karoline Behnke, Joliet
 
 

3 Things You Must Know to Get Out of the Renter's Rut
  1. Lowest Interest Rates in Years - As of this writing, a 30-year fixed is hovering around 5.0% and periodically, it drops around 4.5% or below! Once the housing market starts to recover (meaning that home sales increase from its current volume), the federal government will likely raise rates again to keep inflation under control. Some economists assert that already there are signs the economy is on the road to recovery. What does this mean to you?

Suppose that you are on the market for a home and your monthly rent is $1,200. Your probable goal is to keep your monthly mortgage payments as close as possible to your current rent amount.


Look at the table below and notice how much buying power you have when the interest rate is the lowest. Notice that while the monthly payment stays the same, as the rate increases your buying power decreases!



Note: To keep it simple, the calculations in this example assume a 30-year fixed mortgage with no money down.

Therefore, taking advantage of these low rates helps you afford a nicer home.

2.

   New FHA Guidelines - The Federal Housing Authority (FHA) is a government agency that provides

  mortgage insurance on loans made by FHA-approved lenders.  What does this mean to you?



 

What it means is that if you default on your monthly payments, the FHA will respond to the lender that gives you the loan to buy your new home. In other words, the FHA does not provide financing directly to you, the consumer, it merely insures the loan. Here are some really good benefits for using an FHA-insured loan.
  • Lower Cost - FHA loans carry lower interest rates because there is little risk for the lender. Therefore, you pay less (interest) for borrowing the money.
  • Smaller Down Payment - FHA loans require a cash investment of 3.5% and the money can even be a gift from a family member, employer, or charitable organization. You can enjoy the flexibility of asking someone in your family to help you with the small down payment if you don't have the funds. Other loan programs don't allow this option.
  • Easier Qualification - Because there is little risk to lenders, they are willing to offer loan terms that makes it easier to qualify.
  • Less than Perfect Credit - You can still get an FHA loan even if your credit is not perfect. If you have had credit problems, such as a bankruptcy, you can qualify more easily for an FHA loan than for a conventional loan.
3.

   Best Market for Buyers in Years - Let's face it, home sellers are not too happy with the current

  market but it is fantastic for buyers.  Unfortunately, the press highlights the bad news for sellers and

  seldom mentions that buyers are getting unbelievable deals.


 


    Would you object to buying a house, that you like and that fits your needs, for a fraction of its market value?

    Prices have dropped everywhere and those properties that are in foreclosure represent a greater opportunity. Some are calling them a "steal"!  But even regular homes that are not in foreclosure are at historical lows. You have many choices because the number of homes for sale is huge compared to a normal market.  If there was a time to consider getting out of the renter's rut, this is it!  You have the best market right before your eyes.

    If you would like to get out of the renter's rut ...

    There is a way out!

    Read the report entitled "How To Stop Paying Rent and Own Your Own Home." It will get you acquainted with the process and it is absolutely FREE.

    See what other former renters have said about their experience ...
     
     
     
     
    Can You Afford a Place of Your Own?

    Would you rent if your monthly payment is almost the same as owning your own home?

    It doesn't matter how long you've been renting or how insurmountable your financial situation may seem. The truth is that with low interest rates and a "buyer's market," you can make the transition from renter to homeowner.

    If you are like most renters, you feel trapped within the walls of an apartment that doesn't feel like yours. How could it be when you're not even permitted to ban in a nail or two without a hassle! You feel like you're stuck in the renter's rut with no way of rising up out of it and owning your own home.

    Consider the table below and figure how much money you have already paid toward your landlord's mortgage.