News flash! Most buyers do not have unlimited money when shopping for a home! Whatever money they have must be carefully allocated to the down payment, the closing costs, and ideally to a fund to cover the cost of moving expenses, appliances or carpeting they will want to replace immediately, a
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01/28/2010
There appears to be a lot of speculation in regards to FHA financing and the changes that are potentially coming. For those who are unfamiliar with FHA financing, one of the current advantages is the reduced down payment (as low as 3.5%) required. Also, FHA currently has very low rates and low c
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01/20/2010
Are Distressed Homes Worth It? That would depend on more than one "it" factor. Before you fall in love with that low, low price, a savvy buyer of a "distressed home" should follow the same guidelines as a conventional buyer. Location, location, location is still a tried and true mantra when inv
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01/16/2010
I was hoping that the title would be enough to get people to check out my blog, but here is my honest question...How many current home buyers are only motivated by the tax credit? There is no doubt that the tax credit is an excellent incentive (and has helped several of my clients take the plung
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01/15/2010