FYI - these tips in this first time homebuyers series are not just for newbies/first time homebuyers) Mortgage programs can sometimes be the death of us. In recent years, this has already happened. This can be confusing, because so many people have opinions. Opinions from loan officers, realtor
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01/12/2009
(this is not about all realtors, just a few, and it's those that will hurt both the buyer and seller) You would think with a tough real estate market, that realtors would want to be on top of their game, both for sellers and buyers. I think some realtors still live in the dark ages and this c
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01/11/2009
I will be speaking today at 3:00 pm EST on Blog Talk Radio. You can follow or listen by clicking this link. Basic discussion of FHA loans / FHA mortgages - (sorry for the last minute notice - I will include the link to the show after it's completion) The topics of discussion : How FHA loa
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01/09/2009
What are probably the two most important things in regards to a mortagage settlement? Having that loan close and close on time?? Sure, a good deal would be the no brainer. And no, not the best deal. Here is my definition of a very good deal. It's not based solely on interest rates and fees.
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01/07/2009
For several of you that read my blogs, I try and do a FHA vs Conventional purchase comparison once every 3 months. I actually wrote this blog yesterday, FHA loans - cash-out - A comparison with conventional loans. I wanted to tell everyone of a new update on FHA cash-out loans and to give m
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01/04/2009
FHA loans usually offer the best cash-out options depending on how much you want to borrow from your home. Besides, with the ever changing guidelines to conventional loans, in many cases, it's a no brainer. FHA loans update for cash-out mortgages - As of December 15th, in mortgagee letter 200
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01/03/2009
The government is handing out money as a long term loan. Take advantage of this!!! The Housing and Economic Recovery Act of 2008 produced the 7500 tax credit for First Time Homebuyers. In this case, to be eligible for the tax credit, a first time homebuyer is defined as : someone who had n
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01/01/2009