Archive for Buying
What is a “Bank Approved” Short Sale?
In Port St Lucie, we’re all mostly familiar with what a short sale entails and some buyers decide that they’d rather stay away. However, when you’re in a crunch to buy a property and there doesn’t seem to be enough foreclosures or regular sales to look through, it may benefit you to consider a bank [...]
Credit Do’s and Dont’s During the Loan Process
In a previous article I had written about new rules from Fannie Mae on credit reporting during the mortgage application process. Understanding credit reporting and scoring can feel like learning a new science. On top of that, it feels like you’re walking on a tight rope when you do apply for a mortgage because there [...]
Credit Report Double-Checks Could Delay Closings
You’ve been searching for homes for a while now and you’ve finally found your dream home, made an offer, and the seller accepted! You’re smart and you’ve already got your mortgage pre-approval so now it’s time to kick it in to high gear and work towards closing.
After a week or so of ordering inspections, surveys, [...]
Homebuyer Tax Credit Program Extended
WASHINGTON – Nov. 6, 2009 – President Obama signed H.R. 3548 this morning, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signing a contract and a later deadline for closing; changes income requirements; [...]
What Would You Do For $8000?
I’ve been hearing it more and more – we want to buy now because we think the deals are going to run out!
If you’re thinking of buying a home, don’t hesitate! The prices are at the bottom, rates are low, and there’s FREE money available to first time home buyers which is going to expire [...]
