Archive for March, 2009
Why should I consider an FHA mortgage?
Q: I am buying a house, why should I consider applying for an FHA insured mortgage? You should consider an FHA mortgage for several good reasons. Terms and conditions offered when applying for an FHA mortgages may help you qualify for the loan. Credit does not have to be perfect to be approved for [...]
My landlord wants me to keep renting but should I be buying?
Q: My landlord wants me to keep renting but should I be buying? Buying versus renting is a decision you will need to make based on your specific situation. You will not only need to consider your ability to finance and pay for a home, you will also need to consider the stability of [...]
Do you have the credit and income needed for buying a home?
Do you have the credit and income needed for buying a home? Before you start the home buying process you should make sure that your credit and income are sufficient enough to allow you to finance a home and make the monthly payments. You can speak with a professional lender and have them review [...]
Lying on a mortgage application continues
Unbelievable as it may sound given all we are going through right now in this country but mortgage fraud increased in 2008 over 2007 according to a press release from Mortgage Asset Research Institute (MARI®). The mortgage application process led the way in fraud incidents.
City of Phoenix is loaning $15,000 for buying a foreclosure
The City of Phoenix is loaning $15,000 for buying a foreclosure that you will use as your personal residence. Visit the City of Phoenix website for more information
First time home buyer tax credit information video
The following first time home buyer tax credit information video was produced by the National Association of Home Builders.
Freddie Mac offers homes for sale
Homesteps is a unit of Freddie Mac and provides buyers throughout the country and opportunity to search for and find a home for sale Homes can be found in Phoenix, AZ; Los Angeles, Long Beach, Riverside, Sacramento and San Diego, CA; Denver, CO; Washington, D.C.; Atlanta, GA; Chicago, IL; Ann Arbor, Detroit, Flint and [...]
U.S. Department of the Treasury Affordable Home Program Description
The Obama Administration’s Making Home Affordable program will offer assistance to as many as 7 to 9 million homeowners… Read the full Updated Detailed Program Description
Does the IRS sell real estate?
Q: Does the IRS sell the real estate it takes for unpaid taxes? Yes, the IRS sells personal and real property seized or acquired for nonpayment of internal revenue taxes. You can view IRS real estate and other items for sale by visiting here.
Find a Real Estate Broker
There are many different ways to find a real estate broker to help you with your local real estate needs. Regardless of how you select a real estate agent, make sure you discuss your concerns and goals with the agent prior to agreeing to work exclusively with the agent. You want to feel 100% comfortable [...]