ARCHIVED BLOG POSTS
2009
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FREDERICK COUNTY MARYLAND HUD HOMES This is the current list of HUD homes that are available for purchase in Frederick County Maryland. Contact us for details on any of the properties that may meet your needs. Note that these homes are available to investors as well as owner occupant purchasers....
06/02/2009
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FORECLOSURES IMPACT RETAILERS The Wall Street Journal reporter Mary Ellen Lloyd reports that Lowe's and Home Depot have both been adversely impacted by the high volume of foreclosures. They lose sales in areas with large numbers of foreclosures and short sales because those home owners do not hav...
06/01/2009
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FED MORTGAGE EFFORTS PROVE COSTLY Liz Rappaport reports in The Wall Street Journal that "The U.S. Federal Reserve's program to keep mortgage rates low by buying securities an Treasury bonds so far has been costly and seems to be having a fleeting impact." Analysts indicate that the Fed would have...
06/01/2009
MONTGOMERY COUNTY ASSISTANCE FOR FIRST TIME HOME BUYERS The Montgomery County Maryland Housing Opportunities Commission www.hocmd.org is offering some great mortgage loan assistance for first time home buyers. First mortgage funds are available at a 5% interest rate with no points. HOC is also of...
06/01/2009
HUD ADDS DOWN PAYMENT OPTIONS TO HOUSING CREDIT Dina ElBoghady of the Washington Post reports that first time home buyers can now use the currently available $8,000 tax credit to help cover the cash required for the down payment and closing costs when using FHA mortgage financing for their home p...
06/01/2009
MONTGOMERY COUNTY LANDLORDS TO MEET WITH HOC DIRECTOR John Peterson of Profitable Properties has scheduled an open forum for landlords to meet with the Director of the Montgomery County Maryland Housing Opportunities Commission. The meeting is scheduled for Tuesday, June 2, 2009 from 6 p.m. to 8 ...
06/01/2009
