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fha: 8000 Reasons for Buyers to Get Off the Fence! - 06/07/09 05:50 PM
Recently the goverment produced a plan that would allow buyers who purchase a home in 2009 to take a deduction of up to $8,000 off of their taxes. Many buyers inquired about the plan, but some were disappointed to find out that it wouldn't help them with actually buying the home. Well, things have changed, and it seems the government has decided to allow people to use their credit towards their closing costs, which, of course, is HUGE!
If you're a first time homebuyer, I can't think of any better time that there might have been to buy a home. Inventory … (0 comments)
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fha: Why Now Is The Time To Act - 12/18/08 12:42 AM
While the mortgage market continues to generate a lot of chatter in both the media and in Washington, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why now is the time to act. Lately there has been talk about the 4.5% 30-year fixed rate mortgage. Will it become a reality though? Right now, no one really knows. Homeowners who could benefit from a lower interest rate need to know that even if 4.5% becomes a reality from Washington's actions, rates that low … (0 comments)
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fha: Alternatives for Avoiding Foreclosure - 11/19/08 04:37 AM
In the current real estate market, I believe it is a moral imperative that individuals armed with real estate/mortgage knowledge use it to help homeowners facing hardship to save their homes. There are several options that may be available to these homeowners, including loan modifications (changing the terms of the loan without refinancing), loan novations (a form of loan modification for those with arrearages), FHA Insured Hope for Homeowners loans (which allow homeowners to refinance and get a principal reduction, in exchange for allowing the government to share your profits upon the property's eventual sale), and "short refinances" (principal reductions for those who have no or minimal late … (0 comments)
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Kimberly Malone
Baldwin,
NY
More about me…
Signature Property Consultants
Address: 575 Hempstead Turnpike, Suite 200, West Hempstead, NY, 11530
Office Phone: (516) 747-3948 x 1007
Cell Phone: (917) 554-0925
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