first time home buyers: Survey shows first-time homebuyers growing weary of short sales
- 09/27/11 05:42 AM
Monday, September 26th, 2011, 8:34 am First-time homebuyers are growing tired of short sales, which take nearly 17 weeks to complete, according to the latest Campbell/Inside Mortgage Finance housing survey. While first-time homebuyers acquired 54.1% of all short-sales in November 2009, the segment's share of acquisition activity fell to 39.7% in August with many buyers losing interest due to several factors slowing down the process, the Campbell/Inside Mortgage Finance survey showed. The August figure represented a "three-month slide and was the lowest level for first-time homebuyers ever recorded in the survey" of 2,500real estate agents. The short-sale process is often delayed due (1 comments)
Reduced to $150,000 9162 Stonehenge Trail Tallahassee, FL 32312 3 bedrooms 2 baths 1 car garage 1292 SQF built in 1999 USDA 100% financing eligible, this well cared for house in The Glen offers exceptional value. Bright open floor plan with wood floors throughout and recently painted. Large master bedroom & bath with a spacious walk-in closet. Can't forget about the huge tiled screened patio overlooking the privacy fenced backyard. Property overlooks open green space in the front. Sold as-is. Subject to lien holders approval. Visit www.MakeYourMoveWithMike.info for additional information and pictures (0 comments)
first time home buyers: Incredible opportunities for buyers
- 07/04/09 04:56 PM
These days I wish I was a first time home buyer. With the low interest rates, 100% loans available with no mortgage insurance and the $8,000 tax credit... it is such a great time for buyers to take advantage of all of these incentives and get a great deal. For example, presently there are 18 single family homes for sale between 109k-150k in great neighborhoods in NE & NW neighborhoods. Combining the 100% financing and seller pais closings costs buyers can still buy a home with little to no money down. As a matter of fact get paid $8,000 to buy (2 comments)