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NEWS FOR THE WEEKEND

Ok what happened on Wednesday that created the largest increase in rates since October of last year? Several things, but most related to the treasury auctions taking place. While both Tuesday and Wednesday’s auctions performed fairly wel...

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Reversal of HUD’s $8,000 Tax Credit Announcement

As you know HUD made an announcement on May 12 that they were going to allow homeowners to use the $8000 tax credit as down payment monies by empowering state agencies, non profits and HUD approved Mortgagees to lend the monies to home buye...

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Want Some Good News ???

The Gallup Organization released a report this week summarizing the results of a survey they conducted in early April (video report).One of the survey questions asked of the American public was “For people in general, do you think now is ...

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No water in the swimming pool? No loan!” says FHA

This transaction is in the final stages and the seller is Freddie Mac (bank owned single family detached house). All inspections have been completed, appraised value is in, and by all appearances, we were good to go ~ until we received a letter...

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No water in the swimming pool? No loan!” says FHA

This transaction is in the final stages and the seller is Freddie Mac (bank owned single family detached house). All inspections have been completed, appraised value is in, and by all appearances, we were good to go ~ until we received a letter...

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$8000 can be used as DOWN PAYMENT!

If you have not owned a home in the last 3 years you are considered a first time homebuyer. If you have a credit score of at least 625 you are eligible for an $8000 tax credit….and today we found out that it gets even better! The tax cre...

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We hear a lot of talk about staging…

Q. It seems very expensive, how much should we invest to get our home ready to sell? A. You’re right! We never recommend over-investing on the pre-sale repairs or improvements. New Stone flooring might really add drama to your home, but ...

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First Quarter Housing Market Report

Encouraged by record low levels in interest rates and continued decline in home prices, motivated home buyers helped the statewide sales improved for the fifth consecutive quarter since bottoming out in the fourth quarter of 2007. Sales of...

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