The new lending guidelines which take effect December 13, 2010, will allow buyers to use gifts and grants from nonprofit groups to come up with their minimum 5% downpayment. This should help many young couples who are able to get part of the required downpayment from their family. While this change is good news for some, other changes that will take place will negatively affect many others. The debt to income ratio will now drop from 55% to 45%. Additionally, the waiting period to borrow after foreclosure will increase from 4 years to 7 years.
"My name is Emilio. When I was buying my property, I hired Mr William J Reinhardt Jr as my Real Estate Attorney, it was one of the best decision I ever made because he did everything in his power to make sure my purchase was successful. For example, The utilities bills left over by the person who owned the property before me. I said thank you to Bill for not allow me to pay these costly bills." - 5.0 stars | Posted by Emilio Bien Aime | October 1, 2019
"Mr. William Reinhardt Jr. is my lawyer for many years. My family and I bought and sold properties with his help and were very satisfied. I recommend Mr. Reinhardt to anyone. I give him a 5-star review." - 5.0 stars | Posted by Diana | September 19, 2019
"My husband and I loved working with William. He was very professional, efficient and went above and beyond to help us. We would HIGHLY recommend." - 5.0 stars | Posted by Leeann | September 13, 2019