5 Things To Know If You Want To Sell In A Hurry

The real estate market is rolling along and homes are selling. If you are in the market to buy a home, sell a home or are simply watching trends in your area, you are probably seeing a mixture of some homes that sell and some that don’t. I have had regular conversations with clients who [...]

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Interest Rates at record lows – Is it time to buy??

The answer to that question is a straight forward YES! Just today Freddie Mac, who’s job it is to connect Wall Street and main street with mortgage purchases and portfolio investment activities, reported that 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending April 2, 2009, down from last week [...]

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Fannie Mae to Require Counceling to Borrowers

Effective January1st, 2009, first time home buyers who have lower credit scores or are looking at a loan taylored for low or moderate income buyers, will need to receiving home ownership counciling. While Fannie Mae already requires pre-purchase counceling for borrowers purchasing a 2 or 4 unit property using a MyCommunityMortgage loan, this new requirement [...]

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Great News for First Time Home Buyers!

Wow! With the passing of The American Housing Rescue and Foreclosure Prevention Act of 2008, first time home buyers have an awsome opportunity! First-time home buyers who purchase a home after April 8, 2008, and before July 1, 2009, are eligible for a $7,500 tax credit. What that means is if you owe Uncle Sam [...]

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