Ar_home_b_search
 



fha: Options for First Time Homebuyers - 04/02/10 03:33 PM


Has finding a first home been struggle? Getting beat out by All Cash buyers? Multiple Offers on everything you are interested in?
Here are a couple of ideas to think about:
1. Check out the homes listed by HUD. For CA, HI and GA, these homes are listed on the PEMCO website. Homes listed on the site are available to Owner-occupied buyers only for the 1st 10 days of the listing. This means you are not competing with investors until after 10 days on market - makes your chances much better. Also, Owner-occupied buyers using an FHA insured loan … (0 comments)

fha: 90 Day FHA Rule Temporarily Going Away! - 01/19/10 10:52 AM
Great news from HUD! The rule requiring a property to age at 90 days before it's last sale before using FHA-insured financing is going to be waived, with a few conditions, starting February 1st, 2010. The waiver will be in effect for 1 year.
This is just what the doctor ordered for our FHA buyers. It opens up a whole group of properties that had to be skipped over in the past...
Make sure to read the press release from HUD for all the details.
Happy Shopping!
… (3 comments)

fha: FHA Hope for Homeowners - List of Participating lenders announced - 10/23/08 12:01 AM
FHA has come out with the current list of lenders who have expressed an interest in participating in the progrgam. The list will be refreshed on most Fridays.
This program became effective as of October 1st, 2008 and runs through September 30, 2011. Congress anticipates that as many as 400,000 homeowners may be able to avoid foreclosure by going through this program.
The program is voluntary for lenders to participate and has several components.
First, the borrower's loan would be refinanced and set to 90% of the current appraised value with the lender taking a loss between the current loan and the new amount, or the lender could … (4 comments)

 
1069_for_cards-cropped

Bonita Malone, GRI, SFR, CDPE

Elk Grove, CA

More about me…

Better Homes and Gardens Mason-McDuffie Real Estate

Address: 7801 Laguna Blvd, Ste 100, Elk Grove, CA, 95758

Office Phone: (916) 478-7184

Cell Phone: (916) 502-1049

Email Me

Meez 3D avatar avatars games



Links

Archives

RSS 2.0 Feed for this blog