RECENT BLOG POSTS
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Here is the latest that we are hearing, HR 5017 Rural Housing Preservation and Stabilization Act of 2010 has passed the House! The majority of the House (85%), voted in favor of HR 5017. Once the bill passes the Senate and is signed into law by the president, we will have an additional 30 bil...
04/28/2010
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Active-veterans who serve on an official, extended duty service outside of the united states for at least 90 days during the period of December 1st 2008 through May 1st 2010 will be granted a 1-year extension on the home buyer tax credit. In other words, any active veterans who served overseas f...
03/20/2010
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USDA is anticipating running out of funds for this fiscal year by the end of April 2010. Unless they receive additional appropriations from Congress, USDA will not be issuing any conditional commitments once they are out of funds. If you have a USDA loan going now, or are taking an application ...
03/18/2010
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FHA Relaxes Anti-Flipping Rule Beginning Feb. 1, the Federal Housing Administration will provide mortgage insurance for some purchases in which the seller bought the property and held it for fewer than 90 days.The agency is changing what is known as the "anti-flipping rule" to speed up sales of r...
02/01/2010
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New buyers can no longer file electronically. They have to mail in paper forms, including the new 5405, whether they are amending their 2008 taxes or claiming it on the 2009 taxes that are being filed this spring. That is going to dramatically slow refunds, but taxpayers can't blame the IRS. Inst...
01/30/2010