Many times you will find a condo that’s been listed in the MLS system that indicates that it qualifies for FHA financing. However, not all condos that have this designation in the MLS have actually gone through the approval process, so it’s worth the extra step to verify through the U.S. Department of Housing and [...]
From the category archives:
Mortgage & Finance
The First Time Home Buyer Tax Credit has been around for a couple of months, but I’ve not really written about it: Paul Wakefield, with Security Mortgage, emailed me his weekly update this morning, with the details and an example, so I decided it was time to share: A reminder about the HR 3221 First [...]
I’ve been in California for the Thanksgiving holidays, spending some special time with family and relaxing quite a bit. Today, we are heading back home and with a deadline or two, I’m up early getting caught up on the news. Did you know that there was a home interest rate drop of 1% on Friday? [...]
Image by respres via Flickr Everyone can take a breath. Locally, Aimee Ghimire just reported this news which will hopefully take some of the pressure off home owners, in specific situations, who are behind on their mortgage payments. Take a look at the full article, Foreclosures suspends all foreclosures, for more details on who may benefit from this reprieve. A [...]
Shailesh Ghimire over at CTX Mortgage posted yesterday that new home buying assistance funds are available for home buyers in Phoenix, Scottsdale, and …. basically the whole of Maricopa County. This program has some great features and down payment assistance. Income limits will work for purchasing in many Scottsdale neighborhoods, too! Since Scottsdale is a [...]
