ARCHIVED BLOG POSTS
2008
4
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SHORT SALESWHAT TO SEND TO THE LENDER?1. Letter of authorization - (notarize) As an Agent, make sure your Seller submits this to the lender. The letter should include; property address, loan Reference number, your client name, the date and Realtor name & contact information2. Estimated cost sheet...
03/24/2008
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The Nehemiah Program ® can help you sell your home faster, with less inconvenience, and at a potentially greater bottom line.What is The Nehemiah Program and how does it work?The Nehemiah Program provides gift funds for downpayment and closing costs to qualified homebuyers who use an eligible l...
03/24/2008
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IN for 2008: IN: Lender owned homes IN: Pre-foreclosures IN: Properties that need repairs due to deferred maintenance IN: RELO homes that are vacant and owned by relocation companies IN: Mortgage financing that includes repair costs IN: FHA financing for first time buyers that need non-oc...
03/24/2008
What are the current rules on FHA non-occupant co-borrowers? Non-Occupying Borrowers. When there are two or more borrowers, but one or more will not occupy the property as a principal residence, the maximum mortgage is limited to a 75 percent LTV. However, maximum financing, as described in...
03/24/2008
February, 2008 Residential Market Report for Montgomery County, Maryland The Residential Market Report for Montgomery County, Maryland, is now available. This report, provided by the Greater Capital Area Association of Realtors, compares the recent multiple listing service inventory of availabl...
03/22/2008
Important Disclosure Notice Montgomery County, MD - Disclosure - Property Tax Effective April 1, 2008 This new law requires sellers of homes to provide a potential home buyer with an estimate of what the actual property tax will be in the first full year after purchase of the home. Real Pro...
03/22/2008
