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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 334-324-9485.
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Get A Free Presentation On My Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
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Jere Whitehouse is one of The Top
Selling Real Estate Experts™
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Lori Harris, Mortgage Broker
Lori Harris - Broker, Anchor Mortgage
5300 Oaktree Road
Millbrook, AL 36054
Phone: 334-285-5353
Fax: 334-244-6297
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
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What are considered the ideal conditions for a seller's market?
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In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS. |
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Jere Whitehouse - Associate Broker
RE/MAX of Montgomery
4240 CARMICHAEL COURT NORTH
Montgomery, AL 36106
Office: 334-324-9485
Fax: 334-244-2408
jwhitehouse@NUMBER1EXPERT.com
Jere Whitehouse has continually distinguished himself with awards and honors throughout his successful real estate career of over 25 years, all in the Montgomery, Alabama, area. Prior to his affiliation with RE/MAX of Montgomery, Jere worked with other major real estate companies and was consistently the top agent out of three offices and over 80 agents. In 1997, in addition to earning the Top Agent Award for the year, he also earned the prestigious "Ed Lowder Award" for Excellence in service to his clients and his leadership within the company.
Since joining RE/MAX of Montgomery, Jere has continued to be a leader in the company, and a well recognized figure in the community. Jere's consistently high volume is a measure of his hard work, dedication and his commitment to serving his valued clients.      
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