WANNA INSTANTLY BUY OR SELL PROPERTY WITH REAL ESTATE TEXT MESSAGING SOLUTION ?

1. House4Cell is providing an innovative strategy to get one's desired property bought or sold through mobile and it involves using the "text messaging" capability found on most cell phones.It also offers real estate agents with an innovative and affordable solution which delivers instant information on their listings, while capturing valuable lead information.Thus this site is for all those buyers and sellers who wanna differentiate themselves through technology.However even a computer novice can also use this site effectively and can get benefitted from the technology.

2.A seller of the property gets his property listed with the site and is assigned a 1-word code which he publicises and a prospective buyer sends that 1-word code to a special number through his mobile.Simultaneously the home buyer phone number is captured and the number is forwarded by this site to prospective seller/agent for the followup,so that the lead can be converted into a deal.

3.In case a prospective buyer desires he can get more information regarding prospective property through Email or Fax.Thus Cellit Mobile Marketing caters for all savvy buyers who want information at their finger tips and also 'opted-in homebuyers' has the option to receive "blast" alerts regarding price-drops of homes in the area which will enable them to make informed decisions.

4.House4Cell is a tool designed to help prospective home buyers and sellers through Real Estate Text Messaging Solution which is offering valuable leads at one of the most affordable rate plans which starts at $29.99 for three listings i.e about $8 per property.As a result it is offering the most advanced home information and lead capture service to one's clients at the most competitive rates.

5.I have personally liked the service because of its effectiveness to help in getting a property deal sealed by virtue of its technology advancement where it is enabling prospective buyers and sellers to come at a same platform and that too at a very nominal charge.So what are you waiting for,list your properties and take advantage of technology.In case still having any doubt then get the same clarified through their Email support by clicking their 'Support' Link or One can contact them for more information at:
Cellit Mobile Marketing
PO Box 80496
Phoenix, AZ 85060
(800) 790-6597

HOME LOAN RATES HAVE REACHED ITS PEAK

1.Home loan seekers can heave a sigh of relief as home loan rates have peaked up in India.

2.HDFC CEO is also of the same opinion that the rates may not firm up further and this news can give a breathing space to all floating rate customers who were pressurised because of rising rate of interest.

3.So if you are a fresh home loan seeker now,you can go for floating rates as interest rate has peaked up and it has only one way to go i.e downwards.

FIRST TIME HOUSE BUYERS CAN HEAVE A SIGH OF RELIEF!

1.Good news is likely to ring for first time house buyers as Indian govt is contemplating giving cheaper loans to first time house buyers.

2.So if you are a first time house buyer and seeking loan first time, then chances are that you may get a home loan at a cheaper rate say 1-2 percentage points lower than individuals applying for a loan for a second house.

3.It is being presumed that a second time house buyer is doing so for the sole purpose of speculation and thus will keep real estate price bubble at bay.So if you are a second time home loan seeker be ready to pay a higher price or jump fast before this proposal is fully implemented.

GOOD NEWS FOR REVERSE MORTGAGE

1.Indian govt is contemplating increasing reverse mortgage payment till the life time.World wide payments are made till the end of life.

2.So if you are a prospective individual looking for reverse mortgage better deal then the wait may be over shortly.

3.So keep watching the space for latest update on reverse mortgage.

HOW RBI CONTROLS MONEY SUPPLY IN INDIA

1. What are the main instruments? Repo Rate, Reverse Repo Rate, Bank Rate and the Cash Reserve Ration (CPR)

2. The Repo Rate: This is the rate at which RBI releases funds into the system. It was at 6 percent in 2004 but is now at 7.75 percent.

3. Reverse Repo Rate: This is the rate at which RBI sucks out excess liquidity from the system. The reverse repot rate is currently at 6 percent.

4. Bank Rate: This is the rate at which RBI lends money to banks. It is currently at 6 percent.

5. CRR: This represents the percentage of deposits that every bank has to keep with the RBI. The RBI interest on CRR balance and increases or decreases the CRR when it wants to drain or ease liquidity in the economy. The CRR is now at 6.5 percent.

6. SLR : Statutory Liquidity Ratio is the percentage of deposits that banks have to deploy in government securities and works in the same way as CRR. It is now at 25 percent and has not been changed for a decade.

REVERSE MORTGAGE-MONEY IN YOUR HANDS:ANALYSIS HOUSE-BUYER-TIPS.BLOGSPOT.COM

AGE	60	65	70	75	80		85
Tenure in years	15	15	15	15	15	10	12	15
Property value in LAKH
10	1682.98	1752.63	1947.30	2176.62	2380.86	4494.51	3538.01	2515.06
20	3365.96	3505.27	3894.61	4353.24	4761.72	8989.02	7076.02	5030.13
30	5048.95	5257.90	5841.91	6529.87	7142.58	13483.54	10614.03	7545.19
40.	6731.93	7010.53	7789.21	8706.49	9523.44	17978.05	14152.04	10060.26
50	8414.91	8763.17	9736.52	10883.11	11904.30	22472.56	17690.05	12575.32
60	10097.89	10515.80	11683.82	13059.73	14285.16	26967.07	21228.06	15090.39
70	11780.88	12268.44	13631.12	15236.35	16666.02	31461.59	24766.07	17605.46
80	13463.86	14021.07	15578.43	17412.98	19046.88	35956.10	28304.09	20120.526
90	15146.84	15773.70	17525.73	19589.60	21427.74	40450.61	31842.10	22635.59
100	16829.83	17526.34	19473.03	21766.22	23808.60	44945.12	35380.11	25150.65