MD HOUSING INVENTORY SNAPSHOT - 05/30/09 06:47 PM
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The Advantages of FHA Loans - 05/22/09 07:25 AM
The Advantages of FHA Loans


In many regions of the US, FHA loans have not been utilized for years, so a lot of real estate agents and mortgage originators aren't familiar with this great resource. The following are a just a few of the recent changes that have made FHA loans a more attractive option again for some consumers looking to buy a new home or refinance an existing one:
1) Congress passed the Stimulus Act of 2008.
During the recent housing boom, home values surpassed FHA loan limits in many regions of the US.

The recent enactment … (0 comments)

The new $8000 credit can be used towards the down payment at Settlement - 05/20/09 01:01 AM
[Updated May 14 2009] The IRS has now issued an updated Form 5405 which rules on a number of questions raised around the 2009 ($8000) and 2008 ($7500) home buyer tax credits. Here are some of the key IRS Rulings and other answers applicable to the the 200+ questions I received on this credit:
- The Credit can be claimed in this year's tax return by filing an amendment using Form 5405. Qualifying taxpayers who buy a home this year before Dec. 1 can get up to $8,000, or $4,000 for married filing separately.- The new $8000 credit can be used … (1 comments)

Making Your Move Less Stressful - 05/06/09 01:52 PM
Making Your Move Less Stressful

Here are some tips selected from different sources to make your move easier.
Have you set the date of your move? If so, start preparing one step at a time.

Start planning a few weeks in advance to prevent a last minute rush.
SAMPLE CHECKLIST

􀂉 Remember to send your new address to:
􀂃 Family and friends
􀂃 Post office
􀂃 Department of Motor Vehicles
􀂃 IRS
􀂃 Library
􀂃 Utilities - Allow an overlap when switching utilities in case of a delay. Here is a list of utilities you won't want to … (0 comments)

HOUSING INVENTORY SNAPSHOT - 05/01/09 05:49 AM
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