ARCHIVED BLOG POSTS
2008
1
Comments
I have a couple links that have some great information on them. The first talks about President signing the bill into law the 2nd is how it will help the average person. http://money.cnn.com/2008/07/26/real_estate/housing_rescue_guide/index.htm http://news.yahoo.com/s/ap/20080730/ap_on_go_pr_wh...
07/30/2008
I just read that the President should have signed or is signing this bill into law today. If you don't know, the bill will allow the following for MN deals Conforming loan and VA loan limits will stay the same at $417,000 in Minnesota, but the increase in the FHA loans will become permanent. ($...
07/28/2008
8
Comments
For the last couple years I have been using Nehemiah for Down Payment Assistance with FHA loans to offer a no money down situation for my buyers. According to Bankrate.com there are about 7,000 buyers per month using some sort of down payment assistance. The federal housing-market bailout bill ...
07/24/2008
1
Comments
I have a client that came to me a month ago and asked me this question "do you think the market has bottomed out". I explained to him that he can find some great values out there and if he is ready to buy a home, this is a GREAT time to buy. Well he came to me yesterday to get a pre-approval be...
07/22/2008
0
Comments
Here is the link to a web page for a home and the virtual tour: http://6285oxford.ePropertySites.com This home is a gorgeous 2 story on a large park-like yard in Savanna Oaks neighborhood in Shakopee. The basement is 80% finished, letting the new owner have the final touches. High vaulted cei...
07/21/2008
Rainer
30,295
30,295
Ken Graczak
Loan Consultant - Minneapolis / St. Paul