Welcome to Nelle Aldrich's Website.
Being a homeowner right now can sure cause sleepless nights.
Many of us in the greater Phoenix area have seen our equity
disappear and are upside down in our homes.
Take heart. Unless you must sell now or are unable to make
your mortgage payments, the loss you see is still just on paper
and has not been realized yet. While it is difficult to stomach
paying so much more for the same house as your neighbor who
bought a month ago, it still is your unique home. And, hopefully
it feels like your home and safe haven.
I hope you find this site useful, and I look forward to speaking
with you about your future real estate needs.
6 Reasons Why It's Still a Good Time to Buy
(1) Uncle Sam is willing to help. First-time buyers (defined as
anyone who hasn’t owned a home in the last three years) are
entitled to a maximum $8,000 tax credit; interest rates are at
record lows; and the Federal Reserve is doing its best to make
mortgage loans available.
(2) People have to live somewhere. About 800,000 new
households are formed each year in this country, ensuring that
the housing market will tighten, even if the economy doesn’t
soar.
(3) Borrowers leverage their investment. If you put $10,000 into
the stock market and it earns 10 percent, you’ve earned $1,000.
If you put $10,000 down on a home and its values increases 10
percent, you’ve made $10,000.
(4) When prices come back up, you’ll have instant equity. In
parts of the country where foreclosures have driven down
prices, better times will mean the price of the home you buy will
rise rapidly.
(5) Mortgage costs stay the same. If you get a fixed-rate
mortgage, the monthly payment stays the same – while
everything else, including rent, goes upward due to inflation.
(6) You own it. There is something comforting in the notion that
your home is your own. You can paint it any color you want, let
the dog run in the back yard and hang a swing for the kids in the
front.
Source: The Wall Street Journal, June Fletcher (03/27/2009)
Curious if the President's Homeowner Affordability
and Stability Plan could assist you in any way.
Please download the Question and Answer bulletin below.
Homeowner Affordability & Stability Plan QnA
Are you a homeowner facing foreclosure?
Please contact me to provide you with FREE resources and to
help evaluate your options. I will listen empathetically to your
situation. Here's a great FREE place to start if you feel
embarrassed and/or scared about losing your home....
Hope Now or 1-888-995-HOPE
Hope Now is a non-profit alliance between HUD approved
counseling agents, mortgage companies, investors and other
mortgage market participants that provides FREE foreclosure
prevention assistance.
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| | work for you.
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 | | I will carefully listen to your needs and act |
| | accordingly.
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 | | I will do everything I can to exceed your |
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Whether you are buying or
selling, moving to or from
another state.. please contact
us today for all of your
residential real estate needs.
 | | New/Spec Builds
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 | | Resales
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 | | Short Sales
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 | | Pre-Foreclosures
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 | | Foreclosure Listings |
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email: homes@nellerealtor.com
Chandler, AZ 2,630 Sq.Ft.: $484,500
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Chandler, AZ 3,960 Sq.Ft.: New Const Lot# 121 Sun West Trails
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Gilbert, AZ 1665 Sq. Ft: New Const Seville Golf & Country Club
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Real Estate Tip of the Week
To obtain a truly FREE copy of your credit
report, contact this government
mandated website. It will not count as an
inquiry on your credit either.
www.annualcreditreport.com
Real Estate Tip of the Week
To obtain a truly FREE copy of your credit
report, contact this government
mandated website. It will not count as an
inquiry on your credit either.
www.annualcreditreport.com