Teacher A Plus

An Online Home Buying Network For Educators

Jim Cunningham
  • Male
  • Phoenix
  • United States
Share 

Jim Cunningham's Friends

Jim Cunningham's Groups

 

Jim Cunningham's Page

Gifts Received

Gift

Jim Cunningham has not received any gifts yet

Give Jim Cunningham a Gift

Latest Activity

20 hours ago
Hey there Jim! Great info.
September 2
Jim Cunningham added a blog post
JIM'S SOAP BOX Real Estate Newsletter Aug 09 TIME IS RUNNING OUT…. November 30th is the last day to take advantage of the $8000 tax credit available to first-time homebuyers. Qualified first-time home buyers may claim a tax credit of ten percent...
September 1
FHA does not require any home to have any appliances to be eligible for FHA financing.
April 22
Federal Housing Association (FHA) Detailed information in how to use FHA home loans to finance your home.
April 3
I didn't want you to have to preach to yourself on your soapbox:-)
April 1
The goal of this newsletter is to provide educational material mixed with Jim’s unsolicited yet amusing opinion on the Arizona housing market and real estate ownership in general.
April 1
Buyers! Reduce your first 6 months payment up to 64%! In understanding the local economy and homebuyers needs, we have created a loan program that allows a buyer to reduce the first six months of their mortgage payments up to 64%. Here is how it...
February 23

Profile Information

Employer:
Community First Financial
Job Title:
FHA Team Manager
Address
7575 E Redfield Road #235
City, State, Zip Code
Scottsdale, AZ, 85260
About Me:
I am a the Manager of the FHA team at Community First Financial and am thrilled with the opportunity to help promote the Teachers A+ program. I specialize in all things FHA.

Advantages of FHA:
Purchases with 3% down
Purchase with seller paid Down Payment Assistance
Streamline Refinance
203K FHA Rehab loan

I have helped many teachers utilize FHA programs to finance their first home. It gives me great pleasure and that sense of pride that I am giving back to the teaching community.
Why Teachers?
My wife was a preschool teacher for 8 years. It gave me the perspective that teachers truley give the most to our Communities without overwhelming financial returns or thanks.

My envolvement in Teacher A+ is my attempt to give back for all the sacrifices they have made for me and my children. I hope the teachers who visit our group find this helpful and educational.
Phone:
480 305-8900 x305
Email:
jim@cffinfo.com
Web Site:
communityfirstfinancial.com
Personal Blog:
http://jimcunninghamcff.blogspot.com/

Jim Cunningham's Blog

Jim Cunningham

Jim Soap Box August 2009

JIM'S SOAP BOX
Real Estate Newsletter Aug 09


TIME IS RUNNING OUT….
November 30th is the last day to take advantage of the $8000 tax credit available to first-time homebuyers. Qualified first-time home buyers may claim a tax credit of ten percent of the purchase price of their home, up to $8,000. In order to meet that deadline, first-time homeowners need to select a home and begin the loan process as soon as possible!

Surveys show that fewer than 1 in 5 homebuyers currently shopp… Continue

Posted on September 1, 2009 at 4:31pm — 1 Comment

Jim Cunningham

Jim's Soapbox October 2008

(Arizona Real Estate Newsletter – October 08)

THE GOOD NEWS – New home sales rose 2.7% Nationwide in September – according to the Associated Press. This came as a surprise to many who thought it was going to drop again after an awful August where new home sales dropped 12%. This bounce-back of volume did not really shock me but the reason I mention this to you is that the West was the driving force in September sales. Here is the breakdown of that National average by region.

West +22.7%… Continue

Posted on November 4, 2008 at 3:45pm —

Jim Cunningham

Fannie Mae, Freddie Mac & Government: What this means for you!

In case you heven't heard yet, the Federal Govenrment took control of Fannie Mae & Freddie Mac over this last weekend. This means (among other things) that all changes to their loan programs will have to go through congress now. The potential long term effects of this Government intervention are still uncertain, however, the short term effects have been amazing. RATES ARE LOWER.

30 year rates have fallen about .5% in the last 24 Hours. Good borrowers can get a 30 year rate at 5.875% (withou… Continue

Posted on September 9, 2008 at 11:11am —

Jim Cunningham

Bank Owned Property & Short Sale Property

The majority of purchases I have seen in the last 9 months are primarily buyers who are looking at either Bank Owned properties or homes that are being sold “short” to avoid foreclosure. There are simply not that many people looking to buy from private owners these days. Rather, everyone is looking for a smoking deal!
There is no arguing the point that these types of homes will be sold under their appraised value, giving you an immediate equity position. But, like many great deals – there can be… Continue

Posted on August 25, 2008 at 10:54am — 1 Comment

Jim Cunningham

FHA Down Payment Assistance has not been extended

Contrary to a previous post - it appears that the Down Payment Assistance available to FHA loans (Ameridream & Nehemiah) will actually be discontinued as of October 1st, 2008. It was highly rumored that enough resistance was met to keep these programs alive, but HUD has still not rescinded this upcoming suspension.

Many wholesalers and large banks are not accepting any locks after August 15th, with 45 days as the longest acceptable lock period. Investors are telling us that all FHA/DPA loan… Continue

Posted on August 14, 2008 at 10:43am —

Comment Wall (10 comments)

You need to be a member of Teacher A Plus to add comments!

Join this Ning Network

At 10:21am on September 24, 2008, Hector E. Salvador said…
Jim, i am sending my Fha 203 k loans to New Mexico wells fargo bank, i looked for lenders in town that will know all about 203 k loans but no one could give me any a straight answer, would you please call me or send me an e-mail with the information. Thanks

(480) 892-6203
i have spoken to
At 4:25pm on August 26, 2008, Cynthia Anderson said…
HI Jim;
where are you from originally I went to school with a Jim Cunningham in MI
At 11:52am on August 26, 2008, Carlene Harper Sumner said…
You'd better or you're going to have a tough time on your hands :) We can all help each other through this craziness, right? Have a great day. Delete Comment
At 11:47am on August 26, 2008, Joanne McGuire said…
Thanks for inviting me.
At 11:24am on August 26, 2008, Eddie Ange said…
Thank you for the invitation. FHA is killing me right now. Speed is not their business. It will be great to have another avenue.
At 10:25am on August 26, 2008, Carlene Harper Sumner said…
Hi Jim. It's nice to have an FHA expert on board. Thanks for reaching out.
At 8:38am on August 8, 2008, Samone Bollerud-Beitler said…
Jim, I appreciate you adding me and look forward to future business together. Make it a great day! Samone
At 7:41pm on August 5, 2008, Jeannine said…
Thank you Jim for adding me to your network. I appreciate the opportunity to assist teachers and help them purchase their first home, move up or enhance their investment portfolio. Jeannine
At 12:59pm on August 5, 2008, Debbie Perkins said…
Hi Jim - thanks for the friend add.
I look forward to hearing more from your blogs...
Debbie
At 6:47pm on August 4, 2008, Jill Segrove said…
Hi Jim,

Thanks for inviting me into your friends group. I hope we will have the opportunity to work together real soon. Jill
 
 

About

 

© 2009   Created by Troy Schuricht on Ning.   Create a Ning Network!

Badges  |  Report an Issue  |  Privacy  |  Terms of Service

Sign in to chat!