real estate: It's a Great Time To Buy Real Estate; Hurray for FHA!
- 03/06/08 12:56 PM
Attention Californian's! Yes, the stimulus package was approved and became law! Fannie Mae and Freddie Mac can know gaurantee loans up to 125 percent of each area's median, with a minimum o $417,000 and a maximum of $729,950 for most bay area counties except Sonoma and Solano which have lower limits - Sonoma ($662,500) and Solano ($557,500). The old limit was $417,000 Under these new guidelines, FHA program loans will once again be the impetus to which first time buyers will use to acquire their first home. What I like about it is that the guidelines for FHA loans make it easier … (1 comments)
Attention Californian's! Yes, the stimulus package was approved and became law! Fannie Mae and Freddie Mac can know gaurantee loans up to 125 percent of each area's median, with a minimum o $417,000 and a maximum of $729,950 for most bay area counties except Sonoma and Solano which have lower limits - Sonoma ($662,500) and Solano ($557,500). The old limit was $417,000;)
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