ARCHIVED BLOG POSTS
2009
Here's a great blog written by George Suoto about a transaction that took longer than the gestation period of most mammals to close. Unfortunately late closings have become the norm in this market, especially on foreclosures and short sales where the seller is a corporation with multiple peopl...
06/29/2009
Home owners looking to refinance their mortgage may run into some stumbling blocks if they have more than one mortgage on their property. That's because many lenders are now refusing to "resubordinate" second mortgages unless the home owner obtains the new mortgage through them directly. What ...
06/05/2009
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Comments
As part of the DOES THE $8,000 EVER HAVE TO BE PAID BACK? ONLY IF the home is sold in the first three years. In that case, the total amount of the tax credit must be repaid.
06/05/2009