ARCHIVED BLOG POSTS
2009
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FHA 203K LOANS - Great for Fixer-Uppers! Buying a "fixer upper" or simply a house that needs repair can be a catch-22. Often times a bank won't lend money to buy the house until the repairs are finished, but the repairs can't be completed until the house has been purchased. However, there are ce...
06/17/2009
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GETTING STARTED Tips for Homebuyers HOW DO I KNOW IF I'M READY TO BUY A HOME? You can find out by asking yourself some questions: § Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income reliable? § Do I have...
06/16/2009
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U.S. tax credit may help you buy house Eileen Ambrose -- Personal Finance June 9, 2009 You might be able to use the $8,000 first-time homebuyer credit to buy your house, instead of having to purchase the house first and then claim the credit on your tax return.The U.S. Department of Housing and U...
06/09/2009
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House-Price Drops Leave More Underwater The downturn in home prices has left about 20% of U.S. homeowners owing more on a mortgage than their homes are worth, according to one new study, signaling additional challenges to the Obama administration's efforts to stabilize the housing market. The inc...
06/04/2009
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Valerie McNeal, RE/MAX First Choice, 443-405-3587, 301-704-8129 cell www.TheMACTeam1.com, Valerie@TheMACTeam1.com Tips for First Time Homebuyers As a first time buyer, your biggest challenge is to balance livability and profitability in a way that makes sense for you and your family. Remember, y...
06/02/2009
Rainmaker
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Valerie McNeal, CRS, GRI, CDPE
Integrity, Knowledge, Results