June 10 (Bloomberg) — Lawmakers are pushing to revive legislation in the Senate that would almost double an $8,000 tax credit for first-time homebuyers and expand the program to all borrowers.
Senator Johnny Isakson, a Georgia Republican, in...
WASHINGTON – The number of U.S. homebuyers who agreed to purchase a previously occupied home in April posted the largest monthly jump in more than seven years, a sign that sales are finally coming to life after a long and painful slump.
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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...
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...
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 ...
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...
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...
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...
Changes to the home appraisal process haven been long awaited and are finally here. As of May 1, 2009 the following points have been implemented to protect homebuyers, mortgage investors, and the housing market.
1) The code prohibits lende...
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 ...
