Marguerite's Blog

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Obama's administration scheduled to roll out in the next several months a plan to standardized short sales. Many troubled home owners you can't qualify for a loan modification are being forced to sell their homes as short sales. A short sales involves a lender or investor agreeing to collect less...

IRS updates tax credit for first time home buyers. Information regarding the 2008 Form 5405,First-Time Homebuyer CreditChanges have been made to the first-time homebuyer credit by Public Law111-92, the Worker, Homeownership, and Business Assistance Act of 2009,which was enacted on November 6, 200...

Millions of home buyers nationwide, will have to come up with more cash and have higher minimum credit scores to get a government backed mortgage under changes unveiled by the Federal Housing Administration. The FHA, which insures mortgages with low down payments, is scrambling to balance its inc...