StartingMarch 23, Freddie Mac will begin offering mortgages with down payments of only 3% - the first time they've been this low on the GSE's loans in nearly five years. "By launching our 3 percent down payment mortgage now, at the start of the spring homebuying season, lenders will be ready to serve qualified working families who are ready to buy and keep the recovery going," Dave Lowman, executive vice president for Freddie Mac's single-family business, writes on its Executive Perspectives blog.
Oggie Penev is the owner/broker of Realty Partners and the team leader of Penev Realty Advisors in Phoenix Arizona. An active real estate broker licensed in Arizona, he deals with home sales on a daily basis. He has learned the nuances of what makes a seller or buyer truly successful. Oggie and his full service team have an incredible track record of proven success marketing and selling Phoenix Metro Area homes. The team consists of a listing department, buyer department, inside sales, and an administrative group that includes marketing, listing and transaction management. Oggie has an associate degree in Business and Finance. He was Rookie of the year in his first year in the business, and has sold nearly 100 million to-date. Currently Oggie is ranked in the TOP 1% in the Phoenix market. What sets Oggie apart from the rest of the pack is the level of professionalism that he approaches the real estate business with. Specifically his strengths are in asset valuation, unique customized marketing plans, and intelligent negotiation. Oggie openly admits that he owes much of his success to standing on the shoulders of giants (his coaches) and humble implementation. While Oggie loves the real estate business, his true inspiration is his family; he and his wife Tina have 2 children, Martina (8) and Deia (2).
Phoenix ranks No. 8 among big cities for affordable homes - AZ Ce
"Fantastic individual. Highly professional and wise beyond his years. Very specific recommendations by Oggie on what to do and what not to do in preparation of selling our rental property (successfully, within perhaps 60 days of listing). We are in the middle of three house deal right now with him and can not say enough good things about Oggie. (a sell, sell, and purchase). In all three he has been very effective, engaged, professional and has exceed all expectations thus far. I believe I have found my realtor for life in this Gentleman."