Hope for USDA Rural Development - 04/29/10 10:28 PM
Earlier this week, the US House of Representatives passed the Rural Housing Preservation and Stabilization Act of 2010 (HR 5017). Through this legislation, the guarantee fee in the USDA Guaranteed Rural Housing (GRH) Program may be raised to offset any need for Congressional Appropriations (Currently we believe to 3.5%).
Additionally, HR 5017 would authorize USDA Rural Development to guarantee up to $30 billion in loans in Fiscal 2010. This would represent an $18 billion in loan making authority for the remainder of the fiscal year.
Before these changes can be implemented, similar legislative action will need to occur in the US … (0 comments)

Just in Time for Summer... - 04/28/10 10:50 AM
Just Minutes from the Beach...
Click here for more detailed information
… (2 comments)

USDA Funding May NOT Run Out After All - 04/24/10 12:11 PM
Yesterday, the Kanjorski bill (HR 5017) passed unanimously in the House Financial Services Committee and we anticipate that it will be voted on by the Full House of Representatives early next week.
HR 5017 is a bill aimed at supporting the rural housing market that has struggled to get passed. Also known as the Rural Housing Preservation and Stabilization Act of 2010, it will end the current method of using federal funding to backstop the guarantee and instead will fund the program through mandatory fees. HR 5017 ensures rural homebuyers access to affordable loans through USDA, but because these loans have … (1 comments)

4 Energy-Efficient Renovations Homeowners Should Consider - 04/18/10 09:24 PM
Homeowners should be proactive in making energy-efficient home renovations in order to receive the rebates outlined in President Obama's new "Home Star Retrofit Rebate" program, recently introduced in Congress. If passed, the proposed $6 billion program could reduce energy costs for middle-class families by hundreds of dollars a year.
Here is an easy check-up list every homeowner can do to optimize the energy efficiency of their home:
Windows and DoorsHoles in windows and doors allow conditioned air to leak from your home and allow outdoor air to infiltrate, which can tax your heating and cooling systems and raise your energy bills. Caulk around … (1 comments)

 

Find ME real estate agents and Windham real estate on ActiveRain.