27th January 2010
In an announcement dated 1-15-2010, the Department of Housing and Urban Development (HUD) stated that it will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days. Waiving what has come to be called...
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07th September 2009
In this current real estate environment , don't be afraid of a home that is in rough condition. You can pick out new carpet, get new appliances, put in beautiful kitchen cabinets, upgrade the bathrooms and still only put 3.5% down! Buy it at a low price a...
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13th August 2009
16 WAYS TO GREEN YOUR HOME
Lower Your Utility Bills
1. Switch to Compact Fluorescent Light Bulbs
Compact fluorescent light bulbs (CFLs) can be a huge
energy saver. Replace some (or all) of your incandescent
bulbs with fl uorescents and enjoy redu...
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10th August 2009
The second half of the first decade in this new century has seen the rise of an internet phenomenon, weblogs or blogs for short. They have virtually taken over the internet with hundreds of millions in existence ranging from personal to corporate. What th...
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08th August 2009
Senate Majority Leader Harry Reid said today he expects Congress by year's end to extend the $8,000 tax credit for first-time homebuyers.
The program was launched as part of the economic recovery act, and is set to expire Dec. 1. Those eligible are fir...
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04th August 2009
The government plays favorites in the housing market Like with everything else the government is using its power to redistribute wealth. From the WSJ. The divide between the mass market and the high-end -- generally defined as homes that cost above $75...
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31st July 2009
On July 30, 2008, Congress enacted the Housing and Economic Recovery Act of 2008 (HERA). Within HERA, Congress included amendments to TILA which are known as the Mortgage Disclosure Improvement Act of 2008 (MDIA). On October 3, 2008 Congress further amend...
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31st July 2009
The Mortgage Disclosure Improvement Act goes into effect on July 30, 2009. Please understand that this is federal legislation that could affect your closing date. All mortgage professionals must comply with the requirements as noted below. A loan cannot c...
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31st July 2009
At the present is certainly the greatest period to procure real estate. Not barely are homes by shock bed prices, but with the availability of original period homewards buyer endowment programs, persons can develop unbound money to help procure their mode...
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