How Does the Obama Stimulus Plan Help Me

How Does the Obama Stimulus Plan Help Me
Posted by on Feb 17, 2009 in Featured Articles, Financial Awareness, One Step Ahead, Random/Old BlOgS | 0 comments
Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to...
Read More

Fannie Mae Rolls-Back Investor 4 Property Limit

Fannie Mae Rolls-Back Investor 4 Property Limit
Posted by on Feb 12, 2009 in Financial Awareness, Investors, One Step Ahead | 3 comments
Fannie Mae rolled-back one of its least popular mortgage guidelines updates of the last 12 months. Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The restriction reversal does come with new minimum requirements, however. Homeowners buying a 5th,...
Read More

Mortgage Rate & Loan Process Updates

Posted by on Feb 9, 2009 in Mortgage Rates | 0 comments
Lending is in an evolutionary phase as I type this; the way in which loans are done is evolving into a process of approval first, rate lock last, which is the opposite of how it used to be. In the past, we locked rates, even if we were not sure the loan could even be done, and then just tried to make the...
Read More

Mortgage Rate Shoppers Question #6 YOU GET WHAT YOU PAY FOR

Posted by on Feb 3, 2009 in Financial Awareness, One Step Ahead | 0 comments
YOU GET WHAT YOU PAY FOR If you are looking for the cheapest deal out there, understand that you are placing a hugely important process into the hands of the lowest bidder.  Best case, expect very little advice, experience and personal service.  Worst case, expect that you may not close at all.  All too...
Read More

8 Things You Should Know About Buying Foreclosure Homes

Posted by on Jan 26, 2009 in Financial Awareness, FTHB, Investors | 0 comments
Image by respres via Flickr If you are planning on buying an foreclosure home it is imperative that you work with an Realtor that is well versed with foreclosure transactions. Each bank has their own set of guidelines and many to not acknowledge the Arizona Real Estate Purchase Contract so the more...
Read More

« Older Entries Next Entries »

Array