The debate on the best way to modernize and revitalize the FHA (Federal Housing Administration) is up and running. There could be a significant increase in FHA lending if these changes do occur. Last month there was the introduction of two new bills in the House and one in the Senate designed to
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04/30/2007
There is a popular option for borrowers aged 62 and older; The (HECM) FHA insured reverse mortgage. This is an option for homeowners owners age 62 and older to convert the equity in their home into monthly streams of income and/or a line of credit to be repaid when they no longer occupy the home.
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04/27/2007
Bennett Appraisals is ready to spring into action for you! www.bennett4appraisals.comSpring is the season for growing real estate transactions. As your business grows, keep Bennett Appraisals in mind for all your appraisal needs. We are a local residential appraisal company serving Whatcom, Skag
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04/20/2007
According to published MLS listing statistics, there seems to be a slight cool down in the housing markets in Whatcom and Skagit counties. Markets still seem to be relatively healthy with pending sales relatively close to last year's numbers. With interest rates still at a historical low an
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04/19/2007
Myth Buster Some Myths and Realities about Real Estate Appraisals and Appraisers: Myth: Because consumers pay for appraisals when applying for loans to purchase or refinance real estate, they own their appraisal.Reality: The appraisal is, in fact, legally owned by the lender - unless the lender
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04/01/2007
What Exactly Is An Appraisal? An appraisal is an unbiased estimate of what a buyer might expect to pay - or a seller receives - for a parcel of real estate, where both buyer and seller are informed parties. To be an informed party, most people turn to a licensed, certified, professional appraiser
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04/01/2007