greenwich homes: Realtors Were Saying Nows The Time To Buy? They were Right!
- 10/15/11 07:26 AM
Super conforming loan amounts in Fairfield County just took a huge hit. Prior to Oct 1st you could borrow up to $708,750 and put as little as 3.5% down. As of Oct 1st you can only borrow $575,000with 3.5% down. What a huge difference for FHA borrowers.Now what about the people not interested in FHA loans you might ask? If you need a loan for more then $575,000 your loan will once again be classified as a Jumbo loan. The bad thing about Jumbo loans are the higher interest rates that come with them in addition to the higher down payments and more … (0 comments)
greenwich homes: Which Company Really Sells The Most Properties In Greenwich CT?
- 10/02/11 11:49 AM
Every Real Estate Company claims to be #1 at something? Most sellers just want to know which company is the best at representing a seller to list their property. As most buyers just want to know who is the best at representing a buyer to purchase a property. If you look at the data it provides simple math to determine who is really #1 when it comes to transactions closed whether on the list or buy side. The data provided is for 2011 and is year to date. 1/1/2011-9/29/2011. The data includes sales for single family, condos, and multifamily properties in … (4 comments)
Super conforming loan amounts in Fairfield County just took a huge hit. Prior to Oct 1st you could borrow up to $708,750 and put as little as 3.5% down. As of Oct 1st you can only borrow $575,000with 3.5% down. What a huge difference for FHA borrowers.Now what about the people not interested in FHA loans you might ask? If you need a loan for more then $575,000 your loan will once again be classified as a Jumbo loan. The bad thing about Jumbo loans are the higher interest rates that come with them in addition to the higher down payments and more … (0 comments)
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