Jan. 30, 2011

FHA extends the suspension of the “anti-flipping” rule for another year.

FHA just extending the suspension of the “anti-flipping” rule for another year. This means that FHA (Federal Housing Administration) is now interested in helping low down payment borrowers, including investors who want to “fix up” foreclosures and bank owned homes, and in turn help out local communities burdened by these ...

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Dec. 14, 2010

HAFA - Help for Troubled Homeowners - Pre-Approved Short Sales

In an attempt to help people who owe more on their homes than they can sell for the U.S. government is making an effort to help homeowners who find themselves in a financial situation where they can no longer afford to pay their mortgages. The Government has initiated a ...

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Nov. 27, 2010

The Purchase Process: Financing-Step 1

Purchasing a home can seem daunting whether you are a first time home buyer or have purchased a home before.  It is something we all dream about and desire, but don't always know where to begin .  The purchase process includes many stages and phases from the actual viewing of ...

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Nov. 25, 2010

USDA Rural Development Offers No Money Down Home Loans

Do you think you qualify to buy a home, that is you have good credit and a good job, but no money for a down payment. Well you may qualify for Zero Down Home Loan offered through the USDA Rural Development Zero Down Home Loan Program.

Yes that means you ...

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Oct. 26, 2010

Bellingham WA Home Loans: First Time Home Buyer Basics

"Bellingham home loans"
You've considered it, looked into all of the details and buying property just seems like the next step to take.  It's now time to consider how you're going to pay for the home. Unless you plan on paying for the property up front in full, you're ...
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Oct. 25, 2010

What Are Closing Costs : Whatcom County First Time Home Buyer

One of the things that often gets overlooked when first considering purchasing property are the closing costs associated with it.  You'd think it would be fairly simple; I give you the money, you give me the house.  End of transaction, right?

Well unfortunately, in the process of purchasing property in ...

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Sept. 22, 2010

Whatcom County Real Estate Market Report for August, 2010

The following is a quick analysis of the Whatcom County Residential real estate market.

  • Currently Active Listings: 1772
  • Price range of active listings: $19,000 - $4,999,999
  • New Listings August: 349
  • Average List Price August: $390,397        Days on the Market: 138
  • Median List Price: $310,000 ...
Posted in Mortgages
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July 7, 2010

There is still a Tax Credit available for First Time Homebuyers

tax-credit Yes it's true the $8000 tax credit for first-time home buyers has gone away.

But there is a little-known federal income tax credit for home buyers that can help you buy a home. It's called the Mortgage Credit Certification program MCC for short.

Mortgage Credit Certificate, is a ...

Posted in General, Mortgages, Stimulus
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June 8, 2010

Why Now Is the Perfect Time to Buy

Have you considered buying or refinancing a home right now?  Well if not, you might want to consider it because the optimal time guessed it....NOW! Check out these numbers below

How is this possible you ask?

Well in fact, many economists were expecting interest rates to shoot up when ...

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June 4, 2010

There are benefits of using a local lender

When using a bank or Mortgage Company to help you buy your new home, it makes things go easier to use a local lender.

I know those internet companies sometimes offer good rates, but are they for real.  If a buyer uses an out of state lender, everyone in the ...

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