homebuying: Would it be difficult for me to qualify FHA 203K since I’m already approve for FHA loan? The home I want to purchase needs major work inside - 05/03/11 01:40 AM
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It used to be that you bought a home and then applied for a home equity loan to fix it up, resulting in two loans. But many lenders won't make rehab loans. Some won't fund equity loans at closing, especially if there is no equity. A Streamlined 203K loan is figured into the original loan balance, resulting in one loan. It can be an adjustable-rate or fixed-rate mortgage. The mortgage balance can exceed the purchase price of the property. Borrowers are not required to hire professional consultants, licensed engineers or architects. The appraiser or home inspector can put together a … (1 comments)

homebuying: TGIF...Miami Joe's Crab Cakes - 10/07/10 11:24 PM
www.OnePlaceOpenHouse.com1/4 cup of minced celery 1/4 cup of minced onion 1/4 cup of mayonnaise 1 large egg 1 tablespoon of dry mustard 1/4 teaspoon of salt a generous pinch of cayenne pepper 1 pound of fresh crabmeat 2 3/4 cups of fresh breadcrumbs2 tablespoons of butter 2 tablespoons of olive oil lemon wedges Mix the first 7 ingredients in a medium bowl. Mix in the crab. Mix in enough breadcrumbs (about 2 cups) to form a mixture that barely holds together. Spread the remaining breadcrumbs on a baking sheet. Shape the crab mixture into eight 3/4 inch thick patties. Coat the crab cakes with the remaining breadcrumbs, pressing to adhere. Cover with … (1 comments)

homebuying: A Housing History Lesson - 07/29/09 02:06 AM
There's been a lot of talk recently about the condition of the housing market. With our economy struggling and the mortgage industry adjusting, it's only normal that home sales and purchases may have slowed.
With home values down about 25 percent from their 2006 peaks, home sellers may be discouraged, but experts agree that there is light at the end of the tunnel. Homebuying incentives, mortgage reform and tax credits are making it an ideal time to purchase a home.
At its height, the good health of the housing market promoted overinvesting, quick flipping, overbuilding and credit overextension.
These indulgences led … (0 comments)

homebuying: Five Important Tips To Consider When Buying Real Estate - 07/01/09 02:34 PM
In the present-day real estate market, becoming knowledgeable buyer you can get more bang for your buck, not just in price but gaining an asset that will appreciate overtime. Following are five important things that you should know and perform prior to buying your first or second home: Understand How the Purchase Would Impact On Your Family Budget and Taxes There are various tax benefits for homeowners, for instance deduction of loan points and mortgage interest on certain occasions. Confirm with your accountant or tax consultant to ensure that you know them. You must understand the outcomes on your budget and … (1 comments)

homebuying: Prefab green homes get affordable - 04/20/09 12:15 AM
It looks like a house you'd order from Ikea. It sounds like a house designed by Apple. The I-House just might be the future - well, one future, anyway - of the housing market.
Clayton Homes, based in Maryville, Tenn., is one of America's largest manufacturers of mobile homes and prefabricated housing. So when President Kevin Clayton wanted to go green, he gave his architects a free hand, instructing them to incorporate as many green products as possible and to produce a home that was super energy-efficient - the only constraint was that it had to be something that could be … (0 comments)

homebuying: TGIF...Halibut Piccata - 04/10/09 12:53 AM
Ingredients1/4 cup all-purpose flour 1/2 teaspoon salt 1/2 teaspoon black pepper 1 tablespoon olive oil 2 (6-1/2- to 7-ounce) halibut fillets, about 1 inch thick3 tablespoons dry white wine (such as chardonnay or pinot gris)juice of 2 lemons (about 1/3 to 1/2 cup)3 cloves garlic, thinly sliced1 tablespoon drained capers 5 tablespoons unsalted butter Salt and pepper, to tasteChopped fresh parsley, for garnishInstructionsPreheat oven to 350 degrees. In a wide, shallow bowl, whisk together the flour, salt and pepper.Preheat a nonstick saute pan over medium high heat until hot, and add the olive oil. Lightly coat the halibut fillets in the … (1 comments)

homebuying: TGIF...Coq au Vin (Chicken and Wine) - 02/13/09 12:38 AM
Ingredients24 to 30 pearl onions 4 chicken thighs and legs, or 1 (5 to 7-pound) stewing chicken, cut into serving pieces Kosher salt and freshly ground black pepper 1/4 to 1/2 cup all-purpose flour 2 tablespoons water 6 ounces salt pork, slab bacon, or lardon, cubed 8 ounces button mushrooms, quartered 1 tablespoon unsalted butter 2 (750-ml) bottles red wine, preferably pinot noir 2 tablespoons tomato paste 1 medium onion, quartered 2 stalks celery, quartered 2 medium carrots, quartered 3 cloves garlic, crushed 6 to 8 sprigs fresh thyme 1 bay leaf 2 cups chicken stock or broth DirectionsCut off the … (0 comments)

homebuying: Star-struck Destinations - 11/18/08 02:12 AM
One of the perks of being a celebrity is that when you want to get away, you can simply jet to your second (or third) home to unwind. So where do your favorite stars call home when they are not on the set? If you want to rub elbows with celebrities, visit these famous vacation home destinations:
(SoBe) Miami, FLCelebrity cats, pet lions, rappers at breakfast, Estefan for dinner: South Beach is that kind of place. It's the "new" American Riviera. It's like Cannes run by hipsters and everyone's invited, no jacket required. It's a place where yellow Porsches make complete … (0 comments)