Home For Sale in Murfreesboro, TN. This lovely 3bed/2bath is for sale in the Baird Corners Sub-Division in Murfreesboro, TN. The home over 1200 square feet. It is less than two years old and has been meticulously cared for.
This home is priced to sell at $127,900. It is eligible for USDA/RD, FHA and VA financing! For more about the home you can contact Reliant Realty Agent Sukeeta Duncan.
Click the link for a virtual tour of 513 Upper Glade Court, Murfreesboro, TN 37130
A survey performed by Zillow.com showed that home buyers are unaware and uniformed of even the most basic information when it comes to buying a home. Prospective buyers were asked true/false questions about interest rates, payments, FHA programs, and the pre-qualifying process.
The results showed that a high percentage of potential buyers believed that FHA loans were strictly for 1st Time home buyers. Others believed that discount points were standard and should be used in all mortgage transactions. I previously addressed this point in "Mortgage Rates. When Should You Pay Discount … (0 comments)
fha: The Nine Most Dangerous Words...
- 04/20/11 04:33 AM
I believe it was Reagan that said the 9 most dangerous words in the English language are “I’m from the Government and I’m here to help”. Well, they’re at it again. Earlier this month there was an increase to FHA mortgage insurance premiums. Then followed by the new Fed laws on bank compensation which had the very foreseeable effect of higher interest rates. Now…QRM, or Qualified Residential Mortgage.
For those of you unaware of what QRM is, the proposed rule would require that the lender hold a percentage stake in any loan that is not considered a QRM. To … (3 comments)
fha: Friday Is The Last Day For Current FHA Mortgage Insurance Premiums!
- 04/12/11 08:50 AM
Just like everything else, the price of an FHA loan is going up. I'm sure a good percentage of you are aware, but for those who are not, as of Monday, April 18th, FHA will be increasing their mortgage insurance premiums by 25%. For those of you considering a home refinance or new purchase loan, you need to have received your FHA case number by Friday to keep from paying the higher cost.
Lending guidelines have gotten tighter over the last few years and debt to income ratios are a sticky point with many banks and lenders. The increased cost … (0 comments)
Home For Sale! Baird Corners in Murfreesboro, TN!
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