ARCHIVED BLOG POSTS
2009
yes, it is acceptable. Funds/money can be borrowed for the total required investment as long as there is satisfactory evidence is provided that the funds are fully secured by investment accounts or real property. Such assets may include stocks, bonds, automobiles, collections, real estate. In c...
02/20/2009
can FHA financing be used to purchase a second home or investment property? Well, FHA fianancing may only be used to purchase a primary residence and is currently not used for second homes or for an investment property. Does that make sense to you? if not let me explain a little. FHA is mainly...
02/20/2009
in order to be eligible for an FHA loan, you must have a valid ss number and have lawful residency in the U.S. and be of legal age to sin on a mortgage in your state. Lenders will verify your income, assets, liabilities, and credit history for all parties who will be involoved in the loan. The ...
02/20/2009
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FHA insured mortgages offer many benefits that only come through FHA: Easier to qualify: FHA insure your mortgage so perhaps lenders may be more flexible to give you better loan terms. Less that perfect credit: You don't have to have perfect credit. Low down payment: FHA loans have competitive ...
02/20/2009
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Tha AMerican Recovery and Reinvestment Act of 2009 FHA loan limits increases will result in more affordable financing for new home buyers How will these new increased FHA loan limits effect new home buyers? the new higher loan limits will allow FHA loans which require a low 3.5% down payment t...
02/20/2009
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Let's just hope that President Obama's plan for the housing recovery ends up helping everyone.. I know from my personal experience with this housing mess of foreclosures and short sales that is taking a toll on everyone even if you're not directly the homeowner in the situation... It started for ...
02/19/2009
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If you look at the amount of housing demand that took place, we were constructing more homes than net population growth required, and wer artificially inflated end-user demand, so today that has us holding the bag with thousands of vacant homes. The banks are going to release something like 18,o...
02/19/2009
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what exciting news for all of us living in Las Vegas, the emptiest city how horrible does that sound? A new report from Forbes.com found that for sheer volume of abandoned apartments and homes. Las Vegas beats all national comers. Detroit ranked second. That las Vegas would surpass Detroit is e...
02/19/2009
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what exciting news for all of us living in Las Vegas, the emptiest city how horrible does that sound? A new report from Forbes.com found that for sheer volume of abandoned apartments and homes. Las Vegas beats all national comers. Detroit ranked second. That las Vegas would surpass Detroit is e...
02/19/2009
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February 6-8 Elton John Caesars Palace February 6-8 Brandon Bennett Elvis My Way Suncoast Hotel February 7 LeAnn Rimes Buffalo Bill's Casino February 7 Motley Crue Hard Rock Hotel February 7 Heart Las Vegas Hilton February 7 Michael Bolton House of Blues February ...
02/06/2009
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