7 REASONS TO OWN YOUR HOME

• TAX BREAKS-You can deduct the interest you pay
• APPRECIATION-Normally goes up in value
• EQUITY-Money paid for rent is money you will never see again
• SAVINGS-Building equity in your home is like a savings plan
• PREDICTABILITY-Fixed rate financing - payment does not change
• FREEDOM-The home is yours, fix it any way you like
• STABILITY-Remaining in one neighborhood gives you a chance to be part of the community, meet friends you will have the rest of your life.

KEEP MY TENNESSEE HOME

Keep My TN Home: Helping Tennesseans Stay in Their Homes

TN’s Hardest Hit Fund is a program designed to help unemployed or substantially underemployed homeowners who, through no fault of their own, are financially unable to make their mortgage payments and are in danger of losing their home. Homeowners in some TN counties are potentially eligible for forgivable loans of up to $20,000 to cover up to 18 months of mortgage expenses. More information can be found  on the website at http://www.keepmytnhome.org/.

8 TIPS FOR FINDING YOUR NEW HOME

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  8 Tips for Finding Your New Home

  A solid game plan can help you narrow your homebuying search to find the best home for you. Read

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Introducing WaysHome - Avoiding Foreclosure


Today, January 6, Fannie Mae launched WaysHomeTM, a new interactive video to educate homeowners about their options to avoid foreclosure, motivate them to make the right decisions, and encourage them to seek help. WaysHome is part of Fannie Mae's Know Your OptionsTM consumer initiative to help today's struggling homeowners and is available on KnowYourOptions.com.

Overview


A unique and innovative learning tool, WaysHome allows homeowners to put themselves into real-life situations and make decisions -- then see the consequences of these decisions play out in front of them. Through WaysHome, homeowners can:




Participate in an interactive video simulation.  Select a character and go through the simulation "playing" that character.   Follow characters as they encounter financial hardships and challenges that affect their ability to pay their mortgage.   Choose different paths based on real-life situations.   Experience the positive outcomes or negative consequences of their choices (i.e., if they avoid taking action, foreclosure may be their only option).   Learn about options that may be available to help.  Discover the right paths to avoid foreclosure, know their options, and find their way home.

Benefits to You


Our research shows that many homeowners still don't know about -- or understand -- their options to avoid foreclosure. In fact, many homeowners who are seriously delinquent or in foreclosure have little to no contact with their mortgage company. WaysHome is designed to bridge that gap and encourage homeowners to take action before it's too late.
http://homepath.com/


Phyllis Shelton, ABR, GRI, e-PRO, GREEN
phyllisshelton@bellsouth.net

VISTI MY WEBPAGES
http://shelton.crye-leike.com/
http://soddydaisyhomesforsale.com/

YEAR END IN REAL ESTATE

2010 has been a full year, Thanks to all who have supported my business. According to the most recent predictions  from the NAR 2011 will be a lot like 2010. We have been more fortunate than most here in the Chattanooga area, as many new jobs have been created, and more to come with the expansion of VW related jobs, and the great news of Amazon coming as well.  I hope you all have a Happy and Prosperous New Year!
Phyllis Shelton, ABR, GRI, e-PRO, GREEN
Crye-Leike Realtors
423-664-3425
http://shelton.crye-leike.com/
http://soddydaisyhomesforsale.com/
Email: phyllisshelton@bellsouth.net