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Welcome! Here You Can Find Great Information on Edmond OK Real Estate, Oklahoma City and Nichols Hills, Oklahoma Real Estate
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Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Need local real estate information? We've summarized much of what is important about Edmond Oklahoma Real Estate, Oklahoma City Real Estate and Nichols Hills Real Estate market in this site. Need expert advice? No web site, large or small, can take the place of a top REALTORŪ. Not even ours! This Oklahoma City, Nichols Hills and Edmond OK Real Estate site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! As your real estate agent, we guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR REALTORSŪ for Real Estate in Edmond Oklahoma, Oklahoma City and Nichols Hills. As your trusted, professional Oklahoma City, Nichols Hills and Edmond Oklahoma Real Estate partners, we will help you find the best home in your area within your price range. Together we will sell your home, for as much as the market will bear, and as quickly as possible Buying and selling a home is one of the biggest events in your life. As top REALTORSŪ, specializing in Edmond Oklahoma Real Estate, Oklahoma City Real Estate and Nichols Hills Real Estate, we have the experience and track record you are looking for. Please let us help. - Rowell Sargeant of the Sargeant Team
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First Time Buyers >More Down Payment Help
One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.
Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.
With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.
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| Q |
Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
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