Long Beach Real Estate-Long Beach Condos

Today we are pleased to welcome Bill Nazur, top financial expert with Bank of America, to the Long Beach Real Estate Home Blog.  Bill will be a regular contributor, look forward to his informative articles. 

Bill Nazur has an extensive background in finance & mortgage lending and is privileged to serve as an author, speaker, and consultant to the real estate industry, as well as a featured regular guest on Fox Business, MSNBC, and Univision. Bill has also been a radio guest on Bloomberg Radio and KNX1070, which led to his own online show, The Financial Assurance Show, along with a thriving (yes, its thriving, not just surviving!) mortgage business, powered at Bank of America Mortgage. Bill's experience in calling the current foreclosure crisis, along with many of the real causes, along with the taboos in dealing with such a sensitive subject, led to the publishing of the book Finding Foreclosures, published by Entrepreneur Press. 

When its time to get a Mortgage, You should include some Peace of Mind

by Bill Nazur

These days, it is tough to decide if there is any such thing as a sure investment. Truth be told, aside from death and taxes there is no sure thing anymore, particularly not investments given the turmoil in the real estate industry.

If you're in an employment field where you could lose your job, it's a horrible time to buy real estate, right?

ABSOLUTELY, COMPLETELY, 100% WRONG!

Hopefully, you're not on the brink of losing your job.

Like most people who have been priced out of the market for the last five to eight years, you've been thinking long and hard whether now is the time to buy real estate, not knowing what the market will do. Will home prices continue to drop? Are rates really continuing to drop, much like the cost of gas at the pump? Oh yeah, that's not working out the way most people thought, is it?

The point is that uncertainty seems to be a constant in our markets these days.

So wouldn't it be nice when you're purchasing the single biggest investment of your life, to find that a mortgage banker can help you safeguard yourself and your family from sudden income losses which can result from unexpected events, such as:

• involuntary job loss 
• disability
  
• hospitalization
  
• or even the loss of your life

When you consider that unemployment and disability benefits provide limited coverage, ask yourself if these benefits would be enough to keep your loan payments current?

But how could you ignore that interest rates are as low as they've ever been? Rates are consistently in the high 4 to low 5 percent range. That is the lowest they've been in the last fifty years.

If my memory serves me right, real estate values haven't been this low since the early 1990's. But then again, rates were between 8 to 13 percent during that period.

So if you're seriously considering buying yourself a house that you can call home, you should know that only one company offers you this peace of mind. That company is Bank of America Mortgage. Ask your mortgage broker what they can do for you if you lose your job. Hopefully they won't laugh at you.

Any size loan can qualify for protection. And because the programs are NOT insurance, there are no health requirements, no medical exams, and no age limits.

What would you think to know this protection is FREE for the first year, with a minimal fee after the first year?

In my opinion, you cannot afford to NOT buy a home right now with this type of protection. Of course, there are eligibility requirements, conditions, and exclusions which may prevent you from receiving benefits under your loan protection plan. A full addendum will be provided for a full explanation of the terms of the loan protection plan.

Allow my team to help you, as we can also lend in all 50 states. While Real Estate is local, knowledge is universal. We hope to help you soon.  Bill Nazur can be reached via email at bill.nazur@bankofamerica.com, text message at 949-307-4990, or via phone at 949-274-8950.

Then contact Laurie Manny to begin your search for homes and condos in Long Beach (562) 212-5420

Laurie Manny Professional Group

244 Redondo Avenue
Belmont Heights
Long Beach, California 90803

(562) 212-5420