right time?Have you been waiting for the

The convergence of three unique events

have come together

right time

The convergence of three unique events

have come togetherto make now the

Chik QuintansCreated and Presented by

Certified Mortgage Planner

National Lic: MLO-86133

First-timeBuyer?Are you a

First-timeBuyer?Are you a or a

First-timeBuyer?Are you a Current Homeowner?or a

First-time Buyer?

What defines a

first-time buy⋅er

noun - a person(s) who have not owned a main residential property in the last

first-time buy⋅er36 months

Current Homeowners?

What about

current homeowner

person(s) who has owned and resided in the same home

for at least five consecutive years out of the last eight years

current homeowner

you,if either of these describe

your timethen

is now

Events3

moreaffordablehome prices#1

Low cost of ownership far below the historical average.

40.5% of Income then

23% of Incometoday

vs.

Chart from Estate of Mind

lowest interest rates

in30-40years

#2

Chart from Certified Scripts

Lowest interest rates in 30-40 years

Chart from Certified Scripts

What does 1% mean to your income pie?

What does 1% mean to your income pie?

Example, your annual income is $84,000 or $7,000 per month.

Finance $375,000 Fixed 30 years

6% = payment of $2,248/month

5% = payment of $2,013/month

So, what does 1% mean to your income pie?

So, what does 1% mean to your income pie?

68%

32%

72%

28%

$235 less bite out of your monthly income

6% mortgage

vs. 5%mortgage

of your income of your income

So, what does 1% mean over 3o years?

So, what does 1% mean over 3o years?

$84,600 less over the life of the mortgage loan!

6% mortgage

5%mortgage

$0 $110,000 $220,000 $330,000 $440,000

$349,709

$434,396vs.

Total Interest Paid

$8,000.00First-time Buyer

Tax Credit#3

$6,500.00Current Homeowner

Tax Credit#3a

These 3 events3

homebuyer tax credit

have createdopportunity

an amazing buying

These 3 events3

However,

your family, neighbors, co-workers & maybe you are fearfulHowever,

successfulPerhaps you should consider the thoughts of these

teachers

“Be fearful when others are greedy. Be greedy when others are fearful.”

- Warren Buffett

“Be fearful when others are greedy. Be greedy when others are fearful.”

“Inside of every problem lies an opportunity.”

“Inside of every problem lies an opportunity.”

- Robert Kiyosaki

“In investing, what is comfortable is rarely profitable.”

“In investing, what is comfortable is rarely profitable.”

- Robert Arnott

tax deductionsDonʼt forget your

tax deductionsMortgage Interest

Real Estate TaxesMortgage Insurance

Donʼt forget your

+

the Homebuyertax credit

2010until June 30th

+

How do the tax creditswork?

Have a property under contract by April 30th

Close on your new home by

June 30th

Have a property under contract by April 30th

Close on your new home by2010

Letʼs say at the end of the year

you owe $2,500in federal taxes

$2,500 - $8,000 = ($5,500)

$2,500 - $8,000 = ($5,500)

refundthatʼs a $5,500

Federal tax

In the case of a First-time Buyer, taxes are reduced

owed refund

Again,

homebuyer tax credits

createdopportunity.

an amazing buying

three unique events haveAgain,

Hmmm...I think now is finally

the right time

"Opportunity knocks at the strangest times, It's not the time that matters, but how you answer the door."

"Opportunity knocks at the strangest times, It's not the time that matters, but how you answer the door."

  - Steve Gray

The Dooris now Open

Contact Chik Quintans Office 425.771.2095Email chik@teamcq.comBlog www.chiksblog.com

To find out more and get pre-qualified today,

National Lic: MLO-86133 3503 188th St SW, Lynnwood, WA 98037

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