Bob's Real Estate Blog

HUD NEWS U.S. Department of Housing and Urban Development - Shaun Donovan, Secretary Office of Public Affairs, Washington , DC 20410 HUD No. 10-016 FOR RELEASE Melanie Roussell Wednesday http://www.hud.gov/news/index.cfm   FHA Announces Policy Changes to Address Risk and Strengthen Finances New M...

http://idx.imprev.net/03782F07/58/64158/1009581/index.ipv Here is the virtual tour to one of several homes that you can park your plane at in your own hangar. There are several airpark commuties in Northern Illinois, where a small plane pilot can fly out of their own backyard. Prices can generall...

NEW FANNIE MAE GUIDELINES WITH STRICTER RATIOS-BUYING YOUR NEXT HOME MAY BE HARDER. https://www.efanniemae.com/sf/guides/duguides/pdf/current/rndodu80.pdfHere are the new rules that lenders will be following on Fannie Mae loans.It is usually a great idea to get pre-qualified before you venture ou...

https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf  This link will take you to some helpful information and your foreclosure alternatives, from a directive just released and being passed out by the Board of Realtors to Realtors in Schaumburg, Streamwood, Hoffman Estates, Roselle, Bartl...

The housing market, which has been in decline for three years, has also shown some signs of bottoming. Sales of existing homes have been fairly stable since late last year, and sales of new homes have firmed a bit recently, though both remain at depressed levels. Although some of the boost to sal...

A bit of good news for low-down payment financing.  FHA requires 3.5% down, and that can be a gift.        The revised 2009 limits for the Chicago MSA are as follows:         One-Unit:   $410,000       Two-Unit:   $524,850       Three-Unit: $634,450       Four-Unit:  $788,450     Evan Geiselhart ...

Our Re/Max office consistently comes in as the winner in the Schaumburg/Hoffman Estates market, due to the many hard working top agents with years of experience.The report is readily available to all the members of the MLS and looks something like the individual agent report below which shows who...

American Recovery and Reinvestment Act of 2009   H.R. 1, the "American Recovery and Reinvestment Act of 2009," passed the House on February 13, 2009, by a vote of 246 - 184. Later that day, the Senate also passed the bill by a vote of 60 - 38. The President signed the bill on February 17, 2009. T...

    Here's our take on the Stimulis Bill and Treasury announcements made this week. We look at the Stimulis package AND the Treasury's package holistically, in compliment with each other - mostly because that's how the Obama team is looking at it. Your representatives, the NAR Board of Directors...

This is probably the best Homebuyer's Market we have ever seen! First-time homebuyers can get a $7,500 tax credit    Who is eligible? •·                     All US Citizens who file taxes and are first-time homebuyers   Income Limits: •·                     Homebuyers who file as single or head-o...