buying a home: $8000 First time homebuyer's credit CAN be used towards closing costs!! - 06/24/09 05:02 PM
Hello blogosphere!
I previously reported (in haste I admit) that the $8000 credit could be used as downpayment- however, that went out the window almost as soon as it was announced.
It has been officially announced, however, and this time it stuck, that the credit can be used towards closing costs.
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buying a home: Buyer-Broker Agreements - 05/27/08 01:32 PM
So you're going to buy a house in Virginia. You'll save money by working with the Seller's agent right? After all, she doesn't have to split her commission with a buyer agent, so she'll be willing to cut her commission, and you'll get the house for less.
Many buyers take this … (0 comments)

buying a home: Buying a Short Sale - 05/11/08 02:21 PM
Short sales. Before I entered the real estate industry, selling short meant selling a security that you didn't own and repurchasing it later at a lower price. But the phrase as it is most commonly used now refers to what happens when the lender discounts the payoff it is owed on … (0 comments)

 
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Cathy Baumbusch

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