Finally, I’m not a ghost! While I’ve ghost written several books, I’m pleased to announce a book of my own for Turner Publishing Company that presents tips for first time home buyers. The title is “70 Things First-time Home Buyers Need to Know.” It’s detailed, taking the first time buyer from the decision to rent or buy, through the search for properties, then through the steps and documents in the transaction.
I’ve just completed an eBook ghost writing project about a new concept in lease-to-own for the purchase of homes. The Realtor® eBook is about 52 pages, while there are ancillary reports for Sellers, Buyers and Investors, each averaging around 19 pages.
I used photos, screen shots and did the cover design for this eBook, targeted at real estate professionals to get them to sign up and participate in the program. Approximately 65,000 words.
When it comes to entrepreneurship, starting, growing and managing a business, I’ve done it several times. I’ve been my own boss my entire adult life. Writing about business and how make it successfully are my specialty.
Whether it’s starting up, customer development, marketing, advertising, technology, and so much more, get a thorough look at my knowledge and writing ability by checking out the many articles I’ve placed (all are mine) at the About.com site.
Though I don’t get to place an article up on Constant Content very often due to time, it is a site for writing articles on speculation, and buyers find them and make a purchase. Now and then, I misunderstand what a client desires, and my article misses the mark. It’s no problem, as we clarify the project and I write another one for them.
When I have an unsold article, I place it up on Constant Content with the pen name RealEstateWriter. Here is a link to the articles I have up that are available for purchase.
A regular client sends requests for articles monthly. Most are on mortgages, financing, the FHA and reverse mortgages. Here are a couple of excerpts of the latest:
What Is a Reverse Mortgage?
Homeowners are familiar with how a normal mortgage works. If you own a home, you have likely paid monthly payments on a mortgage, or more than one in your lifetime. The characteristics of the normal type mortgage include:
· You pay a monthly payment.
· The lender takes out interest and some is applied to your growing equity.
· Your equity builds up over time as you continue your payments.
· Your payoff amount to fully end the mortgage goes down over time.
· If you sell, you normally would pay off the balance on the loan, leaving your equity minus selling expenses.
Now there’s a new mortgage out there called the “Reverse Mortgage.” We’re going to turn the normal mortgage on its head and you get paid instead of the lender. It’s a mortgage whose time has come with the maturing of the Baby Boomer generation, and its characteristics include:
FHA Loans – Multiple Solutions to Mortgage Needs
The Federal Housing Administration (FHA) insures mortgages made by qualified lenders to people purchasing or refinancing a home of their own. Lenders can expand home loans to many more individuals because they can rely on the FHA insurance in case of a default. Of course, there are minimum requirements, but there are also several different types of loans that make home ownership available to many. Let’s look at the types of loans, and the situations in which they apply.
FHA Fixed Rate Mortgage (Section 203b) – This mortgage provides funds for either purchase or refinance of one to four family housing units. The fixed rate feature means that the interest rate remains stable at the initial rate throughout the loan period.
· Down payments can be lower than conventional mortgages, sometimes as low as 3% of the appraised value of the home.
· Many of the closing costs related to a mortgage loan can be financed in this type of FHA loan. That even includes the initial loan insurance premium.
By limiting fees that lenders can charge for certain items and services, the FHA fixed