Matt Peters's (idealnm) Blog

Have you seen the new press release from NAR? There is concern about misinformation out there saying, "Buyers need 20% down in order to buy." NAR's answer is a "media advisory" pointing out conventional loan options with 5% or 10% down, and FHA mortgages which require 3.5% down. See the whole NAR...

Various forms of Stress can create opportunities to purchase real estate at bargain prices.  A promotion or new job requiring relocation for the Seller is a rare positive event.  Most opportunity causing events, however, would be considered negative from the Seller's point of view.  Job loss, hea...

The $7500 Tax Credit included in the Housing and Economic Recovery Act of 2008 could be a great "bottom up" stimulus to the housing market. Combined with low interest rates, and excellent prices in most markets it should be a strong incentive to buy and help push the market in a positive directio...

There are a lot of reasons to buy real estate right now -- especially if you don't already own your home. Interest rates are really low, prices have come down in nearly all markets, FHA offers buyers with credit scores down to 580 a variety of products, the USDA has a great zero-down program for ...

Various forms of Stress can create opportunities to purchase real estate at bargain prices.  A promotion or new job requiring relocation for the Seller is a rare positive event.  Most opportunity causing events, however, would be considered negative from the Seller's point of view.  Job loss, hea...