FHA Turns its back on no down payment loans - update
The Dept. of Housing and Urban Development had an afterthought after announcing a plan that would have allowed first time homebuyers to use the tax credit to cover the required 3.5% down payment for FHA-insured loans. They want folks to have a stake. However, the 8K can still be advanced to pay closing costs, points, or down payment higher than 3.5% - they simply want the buyers to bring 3.5% in cash from their pocket.
Summary of the tax credit again: "Basically, if you meet the eligibility rules you can now get a maximum of $8,000 advanced to you to buy a home. Single homebuyers with income below $75,000 and married couples who file a joint return with income below $150,000 are eligible for the max tax credit. (A limited credit is available for individuals with income between $75,000-$95,000 and joint filers with income between $150,000 and $170,000; the credit completely phases out above those income levels.) Anyone who has not owned a primary residence for three years is considered a first-timer but to grab the tax credit you must close on an FHA-insured loan before December 1 of this year".
source: www.cnnmoney.com; Carla Fried; June 2, 2009 1:51 pm
~Kirill Gorbounov, REALTOR®, CDPE, GREEN, e-PRO.
cell: (571) 276-0986; mailto: YSC@YourSkylineConnection.com
~Elena Gorbounova, REALTOR®, Associate Broker, ABR, ASP, GRI, LL.M.
cell: (703) 625-7888; mailto: ElenaDeibes@aol.com
www.YourSkylineConnection.com - BLOG/TRENDS/STATS/Reaearch on Metro DC Region and Northern Virginia (Knowledge is Power)
RE/MAX Allegiance; 6226 Old Dominion Dr., Mclean, VA 22101
Office: 703-237-9500; E-Fax: 1866-821-0782
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About Elena & Kirill Gorbounov(a)
Elena's Biography:
I was born & raised in Russia. Being a Senior Lecturer for 10 years at the Department of Foreign Languages at the State University in Russia gave me a chance to travel extensively throughout Europe, Asia & Africa. I also acquired practical experience, as well as extensive and profound knowledge regarding United States asylum and refugee policy, while doing my Legal Law in Masters in American University, Washington College of Law. My background in foreign languages & law helped me enhance my knowledge in diverse cultures, traditions & understand Real Estate law.
I will be honored if you allow me to use my Real Estate knowledge and negotiating expertise with a high level of integrity to help you, your family & friends with real estate needs.
As you know, working with an agent who knows your community can be vital to the success of your transaction. I am dedicated to helping you every step of the way with energy, enthusiasm, persistence & determination. As a results-oriented professional, I balance aggressive strategies, real estate knowledge and negotiating skills to satisfy each and every client.
My commitment to achieving the results that you desire is paramount to me because I want to be your real estate agent not only for one transaction, but for many years to come. Therefore, you can count on me to be your true real estate professional & I promise to be there for you whenever you need me.
With a seasoned professional on your side to investigate every opportunity and protect your interests this will be an enjoyable and a happy experience. My uniquely broad base of knowledge and experience makes me an ideal choice.
Thank you so much for your support!
I am happy to announce my son, Kirill Gorbounov, as a part of a team. Kirill joined RE/MAX as of June 1, 2008. Please, see below his educational background and work experience:
EDUCATION
Strayer University, MBA in Management, Alexandria expected Jan 2009
3.8 GPA - Strayer was founded in 1892.
George Mason University, Psychology BS, Fairfax May 2007
4.0 GPA in my major - National Dean's List (top 0.5% nationally).
Northern Virginia Community College, General Studies, Alexandria Dec 2005
3.8 GPA- Summa Cum Laude- Presidential Scholar.
RELATED EXPERIENCE
Century 21 Howell & Associates, Annandale Jan 2008 – June 2008
Property Manager - coordinated property operations, maintenance of 50 residential properties
Equity Residential, Arlington June 2007- Jan 2008
Leasing Consultant - helped manage a historical community of 600 units.
RE/MAX Allegiance & MCL Group, McLean Aug 2005- June
2007 Administrative Assistant – helped the broker in operating a 45 agent office.
Together we will make your dream come true! Thank you for your trust and support!!!
~Elena Gorbounova and Kirill Gorbounov
Elena info: 703 625 7888 & ElenaDeibes@aol.com
Kirill's info: 571 276 0986 & KirillRealtor@yahoo.com
Our Certifications and Recognitions:
Associate Broker (1%) Have to meet required experience level; complete 180 classroom hours of approved real estate broker courses; and pass State/National exams.
LLM - Legal Law in Masters (a step above Juris Doctor)
MBA - Master of Business Administration (6%) in US have a graduate degree
ASP - Accredited Staging Professional ™ (2%)
ABR - Accredited Buyer Representative (10%) buyer representation benchmark
CDPE - Certified Distressed Property Expert (3,500 as of 3/09) out of 1.1 million
e-PRO - Certified Internet Professional (3.5%)
GREEN - Green building principles (200 as of 2/27/09) out of 1.1 million
GRI - Graduate Realtor Institute (19%) classes covering contract law, prof. standards, sales+marketing, finance, etc.
Real Estate Sales Consultant/REALTOR® (50%) of all licensees are REALTOR's
Member of MLS and MRIS
Member of the National Association of REALTORS® (NAR)
Member of Northern Virginia Association of REALTORS® (NVAR)
Member of GCAAR
Licensed in Virginia and DC
We also participate in local Civic
Organizations and donate blood with INOVA.
(We take & make the time & commitment to consistently improve the value we bring)
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We take our profession very seriously and this is our career. We are competent / experienced / enthusiastic / knowledgeable / honest / trustworthy / good listeners / responsive / and caring, which gives us good reputation! Below are our:
Mission - We will promote our clients interests at all times and help them realize long term financial security. We will under promise but over deliver on every pledge.
Vision - It is our vision to delight 90% of our clients by being efficient and competitive, to build business based on referrals, and to be well-known for our expertise, care, and diligence.
Values - Our beliefs include: Fiduciary Duties (Loyalty/ Confidentiality/ Obedience/ Disclosure/ Accounting/ Reasonable care and diligence), providing sincere and genuine work, seeking opportunities for professional development, maintaining a positive attitude, and striving to achieve balance between business life and personal life - these are on top of State/Federal Laws and Realtor Code of Ethics.
What is Skyline? Skyline is where the earth and the sky meet / the horizon / it is Elena and Kirill making your dreams a possibility and securing your long term financial success!
There are aspects of real estate sales that seem pretty simple. There are many elements of a smooth transaction, however, that are complicated and daunting. Remember that throughout the process we will understand and respond to your individual needs.
Our mindset is of a farmer rather than a hunter (relationships not transactions) – we are concerned with repeat and referral business.
Elena & Kirill