Short Sale
90 day FHA seasoning flip rule waived for Rhode Island buyers, sellers and investors.
Great news for Rhode Islanders looking to purchase a home through FHA, the “90 day seasoning flip rule ” has been temporarily lifted by FHA. This change will allow buyers in Rhode Island to use a FHA Mortgage when purchasing investor and bank owned properties that have been owned for less than 90 days by the seller.
On [...]
Can you get FHA financing after a short sale in Los Angeles, San Fernando Valley?
New FHA guidelines have been announced to prevent short-seller sellers from buying replacement properties with an FHA mortgage.
These new FHA loan requirements apply in cases where “a previously owned property was sold for less than what was owed (short sale)” or “there is principal write down of indebtedness that cannot be refinanced into a [...]
Had a Short Sale – Do I now qualify for an FHA Loan in San Jose?
A short sale is a transaction where a seller sells the property for less that what was owed. Short sale is increasingly becoming a common option to sell a house in San Jose and rest of the Bay area. If you went through a short sale you could have this question – Do I now [...]
Fannie Mae’s HomePath REO Program Great for Boise, Idaho Investors As Little As 10% Down on Investment Properties
Fannie Mae’s HomePath REO Program is Great for Boise, Idaho Investors with As Little As 10% Down on Investment Properties.
That is right only 10% down on investment properties when you purchase a home path eligible property and go with Home Path financing. This is not only a great program for investors but for homeowners and [...]
Leverage Your Purchase with an FHA 203k Streamline
Buying a new home with an FHA 203k Streamline may be the way to leverage the home you want with a very limited down payment. The real estate market in the Eugene/Springfield/Lane County area has a lot of great deals for those willing to look past the surface of a home. I work with several very exceptional Realtors® and know some of the deals that are happening here. Many of them are being made by investors that know the time is right to buy. I also subscribe to several blogs and other services that keep me up on what is happening in our local market and just received one from Trulia which I found most interesting. Home values can vary widely for a number of reasons, including condition, location and urgency.
Idaho NSP Homeownership Down Payment Assistance Program Up To 20% Down Payment Assistance. Deferred Payment Loan, and only due on sale of the property. Foreclosures only !
Idaho NSP Homeownership Assistance 20% down payment assistance program is a deferred Payment Loan and is due on the sale of the property. This zero interest loan is for foreclosures only (no short sales) !
The main details for this loan are below:
- Homeownership assistance provides funds for closing costs, interest write downs, and principal write [...]
Short Sale Madness – Expect Delays
Are you thinking that you are going to get the next great deal on a home by buying a “Short Sale” and financing it through an FHA Insured Mortgage? Not a bad idea, however, be prepared for delays! Don’t expect to close within a two to three week window! “Short Sales” can be a real PITB (pain in the butt)! They can also be a great way to make an important investment in your family.
Idaho FHA 203k Streamline Vs. Regular 203k Rehabilitation Loans. Great for Bank-Owned Properties, Foreclosures and Fixer uppers !!!
The Idaho FHA 203k Streamline Vs. Regular 203k Rehabilitation Loans. Great for Bank-Owned properties, Foreclosures, Short Sales and Fixer Uppers!! There is a big difference between the 203k streamline and the regular 203k rehabilitation loans. Below I have a Frequently asked Questions and answers section that should answer many of the questions you may be [...]
Don’t wait until it’s to0 late! Take advantage of the free $8000 1st. time Baltimore Maryland Homebuyer program
FHA Mortgage, Interest Rates, Short Sale, USDA Rural Guaranteed Loan, VA Guaranteed Home Loan
Losing Time On Eugene, OR First Time Home Buyer Tax Credit Going Away
The sand is running out on the $8000 first time home buyer tax credit. There are now just over 100 days remaining to take advantage of the government program designed to assist the housing market recovery while helping first time home buyers. A sense of urgency is not out of place if you have been considering purchasing your first home. It doesn’t make sense to give away $8,000 by waiting too long.
