2/3/2010 8:16:00 AM
More Detail on FHA Loan Changes
Here is a Clarification of the FHA changes posted from Assistant Secretary of Housing - FHA Commissioner I wanted to take a moment to make sure you are familiar with events surrounding a sweeping set of policy changes for FHA announced earlier this week. The ...
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2/2/2010 2:03:00 PM
FHA Soon to Make Buyers Pay for Waiting
Delaying home purchase this year could cost home-buyers dearly. If you are considering buying a home this year, time is running out before FHA mortgage rules change for worse. Federal Housing Authority (FHA) guaranteed loans are mortgages that offer a low ...
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1/25/2010 11:02:00 PM
Using Your IRA for Real Estate Investments
It would most likely surprise many that it is perfectly legitimate and possible to use retirement accounts such as IRA (including not only the traditional IRA, but also accounts such as Roth IRA, SIMPLE IRA, Keogh, 401Ks, and SEPs) in your Real Estate investments. ...
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1/12/2010 8:58:00 PM
HUD To Provide Over $700,000 for Affordable Housing and Community Development in North Bergen
On Oct. 16 2008 U.S. Housing and Urban Development Secretary Shaun Donovan announced the Township of North Bergen will receive $738,535 to support community development and produce more affordable housing. The funding is sponsored by HUD's Community Development ...
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1/12/2010 8:26:00 PM
Teachers, Fire Fighters, Police Officers, You May be Able to Purchase your Home for Half of the Posted Price!
I'll bet you did not know that. Quite often, word of this type of incentive does not reach the population at large, in spite of the efforts of agencies and not-for-profits. Programs offering great assistance to home-buyers are not always publicized successfuly! ...
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12/16/2009 1:43:00 PM
Making Sense out of New Housing Production Rise Figures
Today the US Commerce Dept. announced that production of new housing has risen 8.9% in November. This news were immediately heralded as great signs of a recovery in the housing market, but is it really?! This could be seen as a positive sign, but for what? ...
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12/12/2009 1:04:00 PM
Hudson County Real Estate Stats Nov. 2009
In November 2009 a total of 285 properties were sold, at 94.65% of list price overall. this marks a decline from October 2009, where a total of 363 sales were made, at a 142.4% of list price. Compared to November of 2008, however, this makes a rise. In the ...
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11/23/2009 12:40:00 PM
Home Improvements Credit Available
If you are looking to make improvements to your princiloe residence that results in energy efficiency improvement, you may be eligible for credit from the government. This incentive program has already been in place in 2008, however now it has been revamped ...
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11/19/2009 4:46:00 PM
NJ Real Estate Still Mixed Bag
According to the Commerce Department the number of new home development in North East NJ accelerated its decline in October. According to recotrds the annual rate fell from 69,000 to 59,000 since September, marking a drop of a wapping 18.8% in a signle month. ...
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11/18/2009 10:22:00 PM
Tax Credit for Home-Buyers Extended and Expanded (Hoboken, NJ Real Estate)
Many have wondered whether the tax credits that were given to first-time home-buyers in 2008 would be offered again in tax year 2009. It seemed to make sense, since the housing market was still struggling to turn a corner, though there was really no guarantee ...
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