There will be a Free Delaware First Time Home Buyer Seminar on Saturday July 10, 2010 at 10:00 AM at the Dover Sheraton Hotel in Dover, Delaware.
Continue reading...Sunday, May 23, 2010
What is the Maryland CDA mortgage? Actually, the Community Development Administration, CDA, part of the State of Maryland Department of Housing & Community Development manages the Maryland Mortgage Program. This is absolutely a terrific loan program for the 1st Time Homebuyer. The program offers very competitive rates and down payment and closing cost assistance through
Continue reading...Wednesday, May 19, 2010
The FHA 203k Rehab loan in Texas is a wonderful program for buyers who don't have the 20% down payment required for a conventional construction loan
Continue reading...Thursday, May 6, 2010
The FHA 203k loan allows you to purchase one of these properties and roll the cost of the repairs into the loan. The loan allows you to use the "after improved value" so the construction money can be rolled in the loan then draws are made for the improvements with the end being one loan with a great low FHA rate!
Continue reading...Friday, March 12, 2010
As the first time home buyer and move up buyer credit gets closer to expiration it is quite apparent that there will be more activity of shoppers in a frenzy to make offers on the existing inventory. Another catalyst to create the “perfect storm” for some home buyers is the speculation that interest rates will
Continue reading...Saturday, February 27, 2010
An excellent path to a super deal on a home in Portland is the FHA Good Neighbor Next Door (GNND) purchase program for law enforcement, teachers and emergency personnel. The GNND program allows these buyers to get a home at half price if they live in it for at least three years as their principal residence. Right now there are four such properties on the website in Portland, including this one:
Continue reading...Friday, November 20, 2009
The Energy Efficient Mortgage can be added to an Oregon FHA203b but more likely an FHA203k. This Energy Efficient Mortgage gives the borrower/buyer the ability to add an additional $8,000 to their mortgage for energy related upgrades.
Continue reading...Friday, November 6, 2009
The U.S. Senate & House have passed legislation to extend the Maryland $8,000 home buyer tax credit to May 1, 2010, for first-time buyers AND add a $6,500 tax credit for the existing homeowner if they’ve lived in their home for five of the past eight years. Maryland First-time homebuyers will continue at $8,000 – same definition as current law
Continue reading...Wednesday, October 28, 2009
If you live in Maryland and you still want to take advantage of the $8000 First Time Homebuyer Tax credit you should hurry up.  The 1st Time Homebuyer credit is due to expire on November 30th. Many of the big banks are turning customers away b/c they can’t process a loan in 30 days. Academy Mortgage is still accepting loan application for November closings. Academy Mortgage can originate, process, underwrite and close your loan w/in 10 days. So if you want the Free $8000 and your bank is turning you away, call me at 410-963-2308. Or visit www.yourbaltimorelender.com Copyright
Continue reading...Wednesday, September 9, 2009
Craig Tomlinson of Bell Real Estate in Eugene recently posted this  this blog post  about possible changes in FHA Mortgage Loans . He asked some of the same questions many people have now about what is going to happen with FHA loans in the future. He didn’t have the answers and neither do I about what FHA will be doing, but I know what they are doing.
Continue reading...
Tuesday, June 22, 2010
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