mshda: Completely renovated home - 1925 Buchanan SW - 06/29/08 01:27 AM
Join the Garfield MOVE-ment
The best of both worlds! Older home with charm and updated EVERYTHING! Join the Garfield MOVE-ment. This home has been made energy efficient to save you money on your monthly utility bills. Near the new Salvation Army Community Center, due for completion in Spring of 2009. This neighborhood is on the MOVE, and you should be too - not too many homes in this area of this quality at this price.
3 bedrooms, 1.5 bath, formal dining room and NEW refigerator, stove, microwave, dishwaher all included!
City down payment asstitance available for qualified applicants............may be a good … (0 comments)

mshda: A re-fi option for home owners in trouble - 04/17/08 11:45 PM
But do not wait too long!  MSHDA has started their campaign for the "Save the Dream" product.  This is a loan designed to help people who fit the guide lines (income) to re-fi their home. If home owners have a loan ready to balloon out or already has or you just have a high interest rate and struggling to make payments, this loan may be for you. 
I was talking to Stacey Hovanec, a processor for Providence Home Mortgage (I.C.C.F) about this product yesterday.  She informed me they are getting lots of calls but many have waited to late to call.  … (8 comments)

mshda: Time to re-group, no more 100 percent loans! - 04/01/08 10:59 AM
Well as a Realtor, with one of my specailties  assisting low to moderate income home buyers, you can guess what my frustration level is with this new information. 
I understand this is also effecting the MSHDA loans as well.............I have many buyers who have used MSHDA products and not only the 100 percent has gone away, but to get a reasonable price for PMI the credit score qualification has gone up!
I know FHA is still good with with using AmeriDream down payment assistance.  and you can use this with MSHDA, but this is not always the best loan option if you … (9 comments)

mshda: The power of today’s buyer - 03/01/08 12:31 AM
I was talking with a new client yesterday.  He is a 1st time home buyer, so I was explaining all the benefits that are available to low to moderate income level 1st time home buyers.  When I left this appointment I thought back, (way back) to when my husband I had bought our 1st home. 
We bought a VA REO (real estate owned) for about $26,000.  It was in very bad shape.  The realtor who had it listed had forgotten about it, and the previous owners had stripped just about everything out of the home.  However we were young, energetic, willing … (11 comments)