foreclosure: New FHA Guidlines
- 07/08/08 09:50 AM
FHA has become the "new" product of choice for the majority of home buyers today. With little or no down payment and higher loan limits FHA has stepped up to the plate in an attempt to help bail out the current slump the housing market is experiencing. As Realtors, we should do all we can to assist and educate our clients on the benefits of FHA to get them qualified and into a home that they may not have been able to previously afford. … (1 comments)
foreclosure: Market Update
- 05/02/08 04:37 AM
In case you haven't read a newspaper or turned on the evening news lately the BIG story in real estate is the foreclosure market. According to the experts foreclosures are at an all time high. The reality of the situation is that only about 2 percent of the total homeowners in our country are in foreclosure. So why all the high drama and exaggeration. It's the oldest story since the beginning of time, if it bleeds, it reads. The newspapers and the extremely high paid media superstars have got to SELL their stories. We as professional Realtors know the true story. … (14 comments)
FHA has become the "new" product of choice for the majority of home buyers today. With little or no down payment and higher loan limits FHA has stepped up to the plate in an attempt to help bail out the current slump the housing market is experiencing. As Realtors, we should do all we can to assist and educate our clients on the benefits of FHA to get them qualified and into a home that they may not have been able to previously afford.
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