Looking to invest? Rentals could be a good move
Wednesday, 15 June 2011
As home prices fall and rents rise, some investors are plunking their money into real estate, chasing the cash flow that comes along with becoming a landlord. “For the first time in a long time, you can buy that home and can get a cash-on-cash return immediately,” said William King, director of valuation services for
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Potential Changes to FHA Single-Family Loan Limits beginning October 1, 2011 from Implementation of the Housing and Economic Recovery Act of 2008
Tuesday, 14 June 2011
Barring Congressional action, Federal Housing Administration (FHA) loan limits will revert back to loan limits determined under the Housing and Economic Recovery Act (HERA) for loans insured by FHA on or after October 1, 2011. As a result, FHA loan limits would likely decline in 669 of the 3,334 counties or county equivalents that are
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Home prices decline and consumer confidence stays low
Thursday, 09 June 2011
In March 2011, home prices in 20 U.S. cities dropped to the lowest level since 2003; indicating the housing market remains stalled in a slump almost two years into the economic recovery. There is a backlog of foreclosures, and when they reach the market it may mean home prices stay depressed, and prevent builders from
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Is the housing down-slide nearing the end?
Thursday, 02 June 2011
How low can the market go? For real estate, some economists say, an end to the seemingly endless decline in housing values might be in sight. When? Not immediately. At the moment, prices are still dropping. In 20 large cities, prices fell 0.8 percent in March from the previous month, according to the Standard &
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Why The Housing Market Isn’t Recovering
Thursday, 26 May 2011
For nearly two years, the majority of key indicators that the economy is recovering has been moving in the right direction, however, home sales have remained in the dumps. Unfortunately there are many day-to-day realities that are holding back the housing market: Job growth is slow • Job growth is back, but corporations have found
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Minimum Down Payment, Maximum Sellers Assist Series 3 of 5: FHA Loans
Monday, 09 May 2011
FHA LOANS (FEDERAL HOUSING ADMINSTRATION) FHA loans are loans that are underwritten by direct endorsed FHA lenders and underwriters to meet FHA credit, borrower, and minimum property requirements (1 to 4 unit owner occupied properties). In exchange, FHA/HUD provides explicit government guarantee on the loan in the form of Mortgage Insurance (MIP). FHA loans have
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Valley Forge Educational Services presents a Special Concert for Special Children
Thursday, 21 April 2011
Valley Forge Educational Services (VFES) is a recognized and respected provider of educational, professional, and personal solutions for families, practitioners, and organizations that need services or guidance in addressing the needs of children with learning challenges. Services include school-year and summer educational programs, strategic consulting, clinical and child development services, conference planning, grants research, and
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Who can be on the title-refresher?
Tuesday, 12 April 2011
The following is a guide for borrower/title relationships allowed for conventional, FHA and VA loans. CONVENTIONAL Loans: • There does not need to be any relationship between occupant borrowers on a loan. • A person may be in title without being a borrower on the loan. • There should be a documentable relationship between borrower
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10 Documents Buyers and Sellers Need to Have
Wednesday, 30 March 2011
Here is a list of 10 documents you will need to buy or sell a home. Have these documents organized now before you are looking to buy or sell your home to help alleviate some of the home buying and selling stress. 1. ID (e.g., driver’s license, state-issued ID, passport). Who must produce it? Buyers
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