Get Your Condos on the FHA List
Another condo crisis brewing You need to make sure your condo association is on the FHA approved list, even if you aren’t selling anytime soon. Want to buy a condo? Can’t pay cash? Well then you need to buy an FHA approved condo. If a condo association...Homebuyer Tax Credit – Closing Deadline Extended by Congress
For any of you out there who were trying to close on a property before July 1st and didn’t, I have some GOOD NEWS! Home Buyer Deadline Extension Congress has voted to extend the deadline for closings from 6/30 out to 9/30/2010. The president still needs to sign...Tips on Buying a Home – First Thing To Do
So you want to buy a home and you know little or nothing about it… First Thing to Do The very first thing you want to do, is get with your banker or a local lender. I say local lender because you will have so many questions that it is better to be able to talk...Short Sales "Get a Boost"
On April 5, lenders and mortgage investors will have even more incentives to offer troubled borrowers short sales instead of foreclosing. Under the new changes to Home Affordable Foreclosure Alternatives program, borrowers will earn a $3,000 “relocation incentive” and loan servicers will get $1,500 for handling a short sale.