Just with any other home purchase or refinance transaction in Texas, the VA will require an appraisal on the subject property. A VA appraisal involves a thorough inspection of the home and property to determine the current market value
Continue reading...Monday, May 9, 2011
So you found the home of your dreams in Texas but you will need a jumbo loan to complete the purchase. Not to worry, the VA does have jumbo loan options. In most veteran loan scenarios, the VA guarantees up to 25% of the total amount of the loan up to the VA loan limit in your county – which, in much of the US, is $417,000.
Continue reading...Monday, March 28, 2011
In May of 2003 The Department of Housing and Urban Development (HUD) enacted a rule which made homes which were “flipped”, or resold within 90 days of purchase, ineligible for FHA financing. Flipping is sometimes done by legitimate and hardworking investors who buy a distressed property, often at auction after the home has gone through
Continue reading...Friday, September 24, 2010
Few members of the Military’s Armed Forces, Foreign Service, and Intelligence community in San Diego or Riverside County’s Inland Empire communities which consist of Temecula, Murrieta, Menifee, Corona, Chino, Norco, Riverside, or Lake Elsinore realize they were granted an extension for the home buyer tax credit. The extension is good through April 30, 2011 to
Continue reading...Tuesday, March 23, 2010
As part of his job creation intitiative, Govenor Schwarzenegger has signed into law an extension of the home buyer tax credit (up to $10,000) for residents of California. This tax credit will benefit first time home buyers of the Inland Empire, Riverside, San Bernardino, Orange, San Diego, and Los Angeles counties who
Continue reading...Tuesday, March 2, 2010
First-time home buyers looking to purchase a home in Rhode Island, are eligible for up to 10% of the home’s purchase price, up to the maximum $8,000 tax credit just for buying a home. The latest stimulus package signed by President Obama makes these credits available to first-time home buyers on homes purchased between January 1,
Continue reading...Monday, June 1, 2009
... basis points. Heavy selling by mortgage players in response to a recent spike in home loan rates intensified the bond sell-off
Continue reading...Saturday, May 30, 2009
... our corner in the parliament
Continue reading...Saturday, May 30, 2009
... home owners is also expected to increase sharply. Last weeks housing review from Absa Home Loans showed that, in the first quarter of this year, house prices declined in nominal ...
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Monday, May 9, 2011
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