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search northern colorado homes: 100% financing back? FHA to allow $8,000.00 Tax Credit to be used to Downpayment? - 05/13/09 09:26 AM
Secretary Donovan said that important changes, which the National Association of Realtors® has been calling for, will help consumers purchase a home. "We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a downpayment," Donovan said. According to Donovan, the FHA's approved lenders will be permitted to "monetize" the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.
No word yet on what rate this Bridgeloan might be available … (0 comments)

search northern colorado homes: More Good indicators For Real Estate? - 05/12/09 10:53 AM
Real Estate Outlook: Key Indicators Point Up, an article from Realty Times, reports that economic signs pointing to a recovery underway in the real estate market keep getting stronger week after week.  Last month, pending home sales jumped 3.2% - two months in a row of positive growth.  According to Lawrence Yun, chief economist for the NAR, we're now at "the leading edge of first-time buyers responding to very favorable affordability conditions, and an $8,000 tax credit."  Mortgage applications for home purchases were up 5% nationwide last month.  Mortgage rates are starting to rise in response to the growing demand for … (1 comments)

search northern colorado homes: Do or Do not there is no try -yoda - 05/07/09 09:09 AM

In the wise words of Yoda.  "Do or Do not there is no try."
In this business clearly this could not be more true.  "i am  going to show houses." (why do we say that?)  I know in this market the one doing are getting and the ones trying and not.  My only exception to this rule would be "I am trying to get through this short sale."  That is fine to say. So may your day be a day where you Sell Homes, and go out and do. 
 




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Marcus Valdez

Fort Collins, CO

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Keller Williams Realty of Northern Colorado

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