Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose a Top Expert. You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Audubon, Worcester and Collegeville real estate expert, it's my job to guide you, from beginning to end. I will take the time to go through each and every step of the buying process. There are no dumb questions! Together, we will consider: | • | How much can you really afford? Would the new First Time Home-Buyer Tax Credit legislation apply to your 2009 home purchase? | | • | How to qualify for a mortgage. | | • | How much cash you should put down. | | • | How to buy a home with little or nothing down. | | • | What it takes to get approved for financing. What banks and other financial institutions are looking for. | | • | How much your payments will be. | | • | The tax advantages of buying. | | • | Is renting or buying better for you? |
Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. New to the home buying process? Tell me your concerns. Ask me questions. It's my job to help! There's no obligation, and I promise to get back to you quickly... 
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Foreclosures >4. Foreclosure Alternatives There are several alternatives for a homeowner to consider when foreclosure is looming. Before proceeding, a homeowner must first choose whether or not he or she wants to keep his or her home.
If a homeowner wants to keep their home:
- Repayment plan: The homeowner establishes a payment schedule with the lender to pay the delinquent amount.
- Special forbearance plan: The homeowner requests a temporary reduction or payment suspension that will be increased after a set specific period of to repay the delinquent amount.
- Modifying the mortgage: The homeowner can refinance the debt and/or extend the term of the loan.
- HUD partial claim: If the homeowner has a loan insured by the Federal Housing Administration the lender can get a one time payment from the FHA-Insurance Fund to get the mortgage payments up to date.
- Refinance: The homeowner can negotiate a new loan with a different interest rate in order to make smaller payments.
- All options listed are subject to approval of the lender.
If a homeowner does not want to keep their home:
- Sell the house: Depending on the situation, the homeowner may be able to sell the house for more than is owed to the lender.
- Assumption: The homeowner turns over possession of the house to another person who then assumes the responsibility of the payments.
- Short sale: The lender and the homeowner come to an agreement to sell the home at a loss in order to get the homeowner out.
- Pre-foreclosure sale: The homeowner can sell the home and use the proceeds to settle the mortgage debt, even if the proceeds are less than the amount owed.
- Deed in Lieu of Foreclosure: The homeowner surrenders the property to the lender without further damage to his or her credit.
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| Q |
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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| A |
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
 See More Real Estate Trivia > |
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Bernadette Robinson
Keller Williams Real Estate
910 Harvest Drive, Suite 100
Blue Bell, PA 19422
USA
Main: 215-654-2900
Direct: 215-654-6020
Fax: 215-654-6060
PA License#: RS221161L
bern@bernrobinson.com
My goal as a Number 1 Realtor is to establish an enduring relationship with all my customers while assisting them to meet their real estate needs. Since the majority of my business results from either past clients, or referrals from buyers or sellers, it is of the utmost importance to me to have a high reputation of honesty, integrity and expertise between myself and all those with which I conduct business. Couple this with the many years of experience I have in the industry, as well as the business and marketing tools I implement to assist my buyers and sellers, and you will find that real estate transactions can actually be an enjoyable experience!
I am a lifelong resident of the Philadelphia Area and personally know how much this city and surrounding suburbs has to offer. I have raised my own family here and am conversant in all aspects of the vicinity, from shopping and the best driving route to work, to great restaurants and historical sites. My first hand knowledge of the area will be invaluable in assisting you with your real estate transactions.   
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