Ross Therrien's (rosstherrien) Blog

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Real Estate Agent - Prudential Verani Realty, Londonderry,New Hampshire

ARCHIVED BLOG POSTS

2011 

  Effective 4/18/11, FHA is again increasing their annual mortgage insurance premiums(PMI).  Most borrowers, who are using the FHA loan for maximum financing (currently only 3.5% down) are paying 90 basis points on a monthly basis.  As of 4/18/11, this will increase to 115 basis points.    Here ...
02/22/2011
Builder is eager to finish Model homes to your style and wants. Welcome the Pillsbury Ridge of Londonderry. Centrally located in Londonderry off Pillsbury Road between Mammoth and High Range this new community consists of 7 private home sites. Two models are open for your convenience every Sunday...
02/18/2011
WHAT IS A HUD HOME? A HUD home is a 1 to 4 unit residential property that has been acquired by HUD as a result of a foreclosure on an FHA- insured mortgage. HUD is the primary owner and offers it for sale to recover the loss on the foreclosure claim.   HUD Homes are initially offered to owner-occ...
02/15/2011
HUD, THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT,  offers free or low-cost counseling services for buying, renting, defaults, foreclosures, credit issues and reverse mortgages.  A HUD home is a 1 to 4 unit residential property that has been acquired by HUD as a result of a foreclosure on an F...
02/11/2011
We all know who the elephant in the room is when we think property types...The Condex. For those who are not familiar with the term Condex, its half a duplex in simple terms. A condo with no condo fees, in most cases.  There has been an increase in bank owned and short sale Condexes in southern N...
02/10/2011
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Ross Therrien

Realtor, Broker Associate
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