6/3/2009 9:26:00 PM
$8,000 First Time Homebuyer Tax Credit Can Be Used For Closing Costs
On Friday HUD announced that FHA approved lenders can develop bridge loans for 1st time home buyers to use the $8,000 tax credit for closing costs, buying down the interest rate or putting down more than the required 3.5% down payment. It can not be used for ...
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4/23/2009 4:31:00 PM
Spring Maintenance
Here are some good spring maintenance ideas! Clean showerheads and faucet aerators. Clean and seal tile grout. Clean the clothes dryer exhaust duct and space under the dryer. This prevents lint from accumulating and reduces the risk of fire. Inspect washing ...
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4/20/2009 3:16:00 PM
Why it's unlikely home prices will escalate again
When talking with sellers we find that many are hopeful that prices will go back up but it’s highly unlikely. What happened in the past was the perfect storm for a housing bubble that will likely never happen again in our lifetime. Here are a number ...
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4/19/2009 8:59:00 PM
Buy a Foreclosure Property with an FHA Streamlined 203K Limited Repair Loan and Get Cash to Repair/Improve the Home
If buying a foreclosure property appeals to you because of the low price but you don't have the money to fix it up to move into it, consider the FHA Streamlined 203K loan. The loan allows you to finance improvements/upgrades up to $35,000 into the mortgage ...
Views: 57
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4/17/2009 6:25:00 PM
Have you heard of the new Mortgage Protection Program?
This program is offered by the California Association of REALTORS Housing Affordability Fund (CARHAF) to help build confidence in the purchase of a home and to reduce the fear of foreclosure due to job loss or accidental death or disability. The program is ...
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3/28/2009 10:46:00 AM
Help for Homeowners in a Distressed Situation
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3/27/2009 9:34:00 PM
What documents do you need for a loan modification or refinance under the new Making Home Affordable Plan
If a person feels they could benefit from the new Make Home Affordable Plan to modify their loan, here is a list of items they will need: * Information about your first mortgage, such as your monthly mortgage statement. * Information about any second mortgage ...
Views: 162
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3/19/2009 8:13:00 PM
FTC WARNS CONSUMERS ABOUT ECONOMIC STIMULUS SCAMS
This information is from the FTC: The FTC is warning consumers that they could get stung by an economic stimulus scam. The scams come in different forms. Right now, on the Web and in e-mail, scammers are telling consumers they can help them qualify for a payment ...
Views: 37
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3/17/2009 9:21:00 PM
Relief From Distressed Situation
We can help you or someone you know avoid foreclosure, particularly if the loan cannot be modified or refinanced because values have gone down too much. As Certified Distressed Property Experts , we can give you the expertise necessary to save your credit, ...
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3/11/2009 12:13:00 PM
$8,000 Tax Credit for First Time Homebuyers
As part of the American Recovery and Reinvestment Act of 2009, the first time homebuyer tax credit has been enhanced. The 2008 plan offered a first time homebuyer up to $7,500 tax credit which actually had to be repaid, interest free, in $500 installments ...
Views: 52
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