CT Realty Social: May 16 Plan B Glastonbury

Real Estate, Finance & Construction Folks Bonding, Networking & Decompressing.

The word continues to spread, we add approximately 1000 new email addresses to the CT Realty System each week.

MAY 16 CT Realty Social  at Plan B  Wednesday, May 16 at 5:30 PM – 8:30 PM Plan B Glastonbury 120 Hebron Ave, Glastonbury, Connecticut 06033

RSVP and say hello to the gang on Facebook

https://www.facebook.com/events/494120047617349

Steve Schappert
Exclusive Buyer Broker, Award Winning Renovation Contractor
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CT Realty Social @ Priam Vineyard in Colchester Connecticut Sunday 4/29/18

11 Shailor Hill Rd
Colchester, Connecticut 06415
Highlights info row image (860) 267-8520
Are You Buying, Selling, Investing, Rehabbing? Come meet others in the business and build your team. Real Estate, Finance & Construction, Law, Insurance, Maintenance Folks Bonding, Networking & Decompressing.
CT Realty Social is a simple social event for folks with similar interests. All those part of the real estate , construction and finance industry are welcome to join us. Break some bread, share a story, share a drink, its that simple.
Steve Schappert Licensed Connecticut Real Estate Broker and Home Improvement Contractor builds his business one relationship at a time. http://buyerstrustrealestate.com/thebuyerbroker/
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How To Buy HUD Homes Like A Pro

The secret to bidding on HUD Homes, getting approved to bid on foreclosures, how much to bid on a foreclosure and more!
Buyers Trust Provides a free HUD home Buyers Seminar, small class size, and 2 hours of immersive information to help you succeed. Check the schedule on Facebook

Learn from a real estate buying Pro!  There is a reason the national media keeps calling Steve Schappert and you should too. 860-740-2811

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Brand new, full color, custom designed presentation folders for Buyers Trust Real Estate

We are getting ready to produce brand new, full color, custom designed presentation folders for Buyers Trust Real Estate.
The folders are made exclusively available to all the agents at the office to be handed out to all prospective home buyers at the first point of contact. The folders are used to gather all the paperwork accumulated during the transaction and to disseminate information to attendees.
Also they will be handed out at our home buying and investment seminars and at our CT Realty Social Events, giving you further exposure to local contractors, investors and Realtors.
On the inside pockets of the folders we are going to feature 8-10 local businesses that the agents can point out to their clients. The office wants you to be the one of the Vendors that would be interested in getting in front of and referred to every client all year long.
How it works:
-Folders are made exclusively available to all the Agents.
-Folders will be open and in front of buyers and sellers for months at a time.
-The folders will hold all open house paperwork, inspection forms, loan documents,
title report, etc.
-They will be handed out at point of first contact with clients.
Who Will See Your Information:
-Your target market.
-All Connecticut buyers at Buyers Trust Real Estate
-People moving into the local community.
-All visitors at seminars and weekly statewide CT Realty social events.
-Middle to upper income people.
-Local business owners, investors and decision makers
*Note* The average buyer spends $38,000 on home improvements in the first year of owning a new home.
The one time fee includes everything. All pictures, logos, any special lettering or other information you would like included. Your business will be featured in every presentation folder for one FULL YEAR.
Pricing:
$395 single
$790 double
$1185 triple
$1580 quad
$2500 back cover
You will be featured in every Introduction Folder for one FULL YEAR.
Here’s a Sample
We anticipate this to be a tremendous fit for your Industry and look forward to proving it to you.
(Due to limited availability all vendors will be welcome on a first come first serve basis)
Please let me know if you want in
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USDA Rural Housing Loan: Connecticut 100% Financing


  • Be without decent, safe and sanitary housing
  • Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet
  • Agree to occupy the property as your primary residence
  • Have the legal capacity to incur a loan obligation
  • Meet citizenship or eligible noncitizen requirements
  • Not be suspended or debarred from participation in federal programs

Properties financed with direct loan funds must:

  • Generally be 2,000 square feet or less
  • Not have market value in excess of the applicable area loan limit
  • Not have in-ground swimming pools
  • Not be designed for income producing activities

Borrowers are required to repay all or a portion of the payment subsidy received over the life of the loan when the title to the property transfers or the borrower is no longer living in the dwelling.

Applicants must meet income eligibility for a direct loan.  Please select your state from the dropdown menu above.

What is an eligible area?
Generally, rural areas with a population less than 35,000 are eligible.  Visit the USDA Income and Property Eligibility website for complete details.

How may funds be used?
Loan funds may be used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.

How much may I borrow?
The maximum loan amount an applicant may qualify for will depend on the applicant’s repayment ability. The applicant’s ability to repay a loan considers various factors such as income, debts, assets and the amount of payment assistance applicants may be eligible to receive. Regardless of repayment ability, applicants may never borrow more than the Area’s Loan Limits (plus certain costs allowed to be financed) for the county in which the property is located.

What is the interest rate and payback period?

  • Fixed interest rate based on current market rates at loan approval or loan closing, whichever is lower
  • Interest rate when modified by payment assistance, can be as low as 1%
  • Up to 33 year payback period – 38 year payback period for very low income applicants who can’t afford the 33 year loan term

How much down payment is required?
No down payment is typically required. Applicants with assets higher than the asset limits may be required to use a portion of those assets.

Is there a deadline to apply?
Applications for this program are accepted through your local RD office year round.

How long does an application take?
Processing times vary depending on funding availability and program demand in the area in which an applicant is interested in buying and completeness of the application package.

What governs this program?

  • The Housing Act of 1949 as amended, 7 CFR, Part 3550,
  • HB-1-3550 – Direct Single Family Housing Loans Field Office Handbook

Why does USDA Rural Development do this?
USDA Rural Development’s Section 502 Direct Loan Program provides a path to homeownership for low- and very-low-income families living in rural areas, and families who truly have no other way to make affordable homeownership a reality. Providing these affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.

NOTE: Because citations and other information may be subject to change please always consult the program instructions listed in the section above titled “What Law Governs this Program?” You may also contact your local office for assistance.

Interest Rates

Effective March 1, 2018, the current interest rate for Single Family Housing Direct Home Loans is 3.25% for low and very low income borrowers.
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CT Realty Social: Social events for real estate, construction and finance industry

 

Real Estate, Finance & Construction, Law, Insurance, Maintenance Folks Bonding, Bitching & Decompressing.

22 Connecticut social events and growing: Real Estate, Construction, Finance It’s really all the same industry. We face the same issues. Make time to chill with others that understand.

Steve Schappert Licensed Connecticut Real Estate Broker and Home Improvement Contractor builds his business one relationship at a time. CT Realty Social is a simple social event for folks with similar interests. All those part of the real estate , construction and finance industry are welcome to join us. Break some bread, share a story, share a drink, its that simple.

https://www.facebook.com/CTRealtySocial/

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