RRG Home Buyer Seminar

Roman Realty Group will be hosting a Home Buyer Seminar this year. Our goal is to educate the community on the home buying process from start to finish. I spoke to loan officer Demond Johnson from Guaranteed Rate regarding the new FHA changes & I would like to share with you what he said: ‘Emelin, there’s a significant and welcomed change coming to FHA in a few days.  The monthly mortgage insurance premium is dropping from 1.35% to 0.85%.  This will lower FHA mortgage payments for both new buyers and those who refinance.  The change is happening January 26. FHA 30yr fixed rate on purchases is down to 3.25%.  FHA Streamline Refinances are down to 3.375%.  A homeowner with an existing FHA loan can refinance without having to order a new appraisal.’ Imagine all this knowledge housed in one location, how exciting!!!

I filed bankruptcy (Chapter 7) in 2005 and this year it finally comes off my credit report!! I have worked extremely hard to rebuild my credit. I remember the 1st car I financed after the bankruptcy had an interest rate of 29.9% I paid that baby off ($36,000.00 in interest ONLY) the 2nd car I was able to finance was a Lexus IS250 with a 2.9% interest rate. My current credit score is a 795 with a bankruptcy on record. I wanted to share my story with you to show you that all things are possible. Whatever you are going through do not lose hope you can buy a home and you can rebuild yourself. Do not get discouraged we are here to help you. Our goal is to have our 1st buyer seminar in April 2015. We would like to have a team of experts available to speak to you in areas such as: credit repair, financing, insurance, taxes, construction and of course real estate. Please let us know if you would be interested in attending so that we can start putting this event together. Thank you for your time we look forward to meeting everyone.

Emelin Brown

HUD Announces New FHA Loan Limits to Take Effect January 1st!

The Department of Housing and Urban Development (HUD) has announced that it will implement new FHA single-family loan limits on Jan. 1, 2014, as specified by the Housing and Economic Recovery Act of 2008. The conforming loan amount has been reduced from $417,000 to $365,700 for Chicago and the collar counties. In Rockford, the conforming loan amount will be $339,250. HUD believes implementing lower loan limits is “an important and appropriate step as private capital returns to portions of the market and enables FHA to concentrate on those borrowers that are still underserved.”

Real Estate Agent Needed

Who We Are

Based in Chicago’s Wicker Park, we are a small boutique Real Estate office that is devoted to helping our clients achieve their dreams. We provide the most professional, informative, loyal, and dedicated service in the industry throughout the Chicago-land area & its surrounding suburbs.

As a Roman Realty agent, you are an independent contractor who will be scouting and bidding in the Cook County Foreclosure Auctions.

Who You Are
• Hustler: You’re EXCITED to make money and you come to work fired up & ready to go.
• Ethical: You ALWAYS do the right thing.
• Tech-savvy: You LOVE technology. We want you addicted to email, social media, and your smart phone!!
• Local knowledge: You KNOW the Cook County market like the back of your hand.

What You’ll Need
• A reliable mode of transportation
• A real estate license and willingness to join local MLS
• A smart phone, a laptop, and a GPS

Please email or fax your resume to emelin@romanrealty.com or 773.304.1946.