Does It May Sense for Bronx Residents to Pay Full Commission in This Market? - 03/07/12 01:31 PM
Does It May Sense for Bronx Residents to Pay Full Commission in This Market?  
Should Westchester Home Owners Pay Full Commission In Today's Market?
Does it makes sense to pay a full commission to your real estate agent in today’s market? Sellers, buyers and even agents are debating what should be charged to assist a consumer in completing a real estate transaction. Forget what the actual amount of the commission is. The bigger question is whether you should pay a ‘full fee’ when hiring a real estate expert to guide you through the complexities of today’s rapidly changing housing environment.
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HUD Is Increasing Cost Effective April 2012 - 03/01/12 10:39 AM
HUD Is Increasing Cost Effective April 2012
This is a BIG DEAL for The NY Real Estate Market
In a move to increase their financial standing (and to get the FHA back into required capital requirements), on Monday, HUD announced their anticipated increases in the premiums they charge borrowers. Simply stated, the cost of borrowing is going up.
FHA loans, by design, are more liberal in their underwriting guidelines than most conventional loan products (in terms of credit, income ratios, required investment from the borrower, and maximum loan amount). HUD is not a lender. Rather, it is a federally-insured insurance … (0 comments)

 

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