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The Daily 091712 Hot Sheet of Palm Beach Real Estate & FL Realtor News

By
Real Estate Agent with Coldwell Banker Access Realty 433494

 

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News

                                                      Monday, September 17, 2012


TODAY'S TOP STORIES

New guidelines to help condos get FHA loans

Condo buyers can't get FHA loans unless a building is certified. Less-risky rules should push more associations to apply. Read more.


In Jan., short sales may carry hidden cost

A law keeps IRS from taxing money a lender forgives on a short sale, but it expires Dec. 31 if not extended by Congress. Read more.


New lender GFE rules: what to expect

Once "loan estimates" from multiple lenders have the same format, websites will start creating side-by-side comparisons. Read more.


20% downpayment not a QM requirement

The qualified mortgage (QM) rule won't force buyers to put so much down; however, Fed's related QRM code not yet clear. Read more.


NAR: Bring back sensible lending standards

Survey analysis finds banks too stringent given current default rates, with too much emphasis on credit scores over 740. Read more.

 

NOW YOU KNOW

4 errors home shoppers should avoid

Agents say homebuyers tend to repeat the same mistakes, such as unrealistic timetables and hard-nosed negotiating. Read more.


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AROUND FLORIDA

St. Petersburg: Creating a foreclosure registry?


Melbourne: Projects reveal value of foresight


© 2012 Florida Realtors

Posted by

P. Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA

We service all of Palm Beach County and S. Florida

 

 513 N. Country Club Drive, Suite 200, Atlantis, FL 33462

Office: (561) 247-7376 - Fax: (561) 537-7223 - Cell: (561) 629-2660

Email: PWH@WinstonRealty.co - Web: WinstonRealty

 

Search: Atlantis, Boca Raton, Lake Worth, Palm Beach Gardens,

South Palm Beach, West Palm Beach           

 

                      

              

P Winston Heverly - Real Estate Agent

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