For those buyers that lost out on the $8,000 tax credit earlier this year, it doesn’t have to mean that there are no other ways to capitalize on the current market conditions. Many sellers are willing to offer their own incentives to make their property more enticing. This article gives details of what one family … More Homebuyers get creative to close deals
Many clients are unclear on many of the issues that surround foreclosures in the present downturn in real estate. Here are the most common myths that need to be busted: Myth #1: Foreclosure happens fast. The time frame to complete a foreclosure has increased significantly over the past few years. What used to take the … More Foreclosure myths… busted.
The new lending guidelines which take effect December 13, 2010, will allow buyers to use gifts and grants from nonprofit groups to come up with their minimum 5% downpayment. This should help many young couples who are able to get part of the required downpayment from their family. While this change is good news for … More New Lending Guidelines From Fannie Mae Coming Soon