ARCHIVED BLOG POSTS
2009
A little known FHA loan program has gotten dusted off as the best tool for 1st time home buyers in the rush to purchase foreclosed properties. The number of re habilitation loans processed through the FHA's 203(k) loan program has more than doubled since last year to 11,493 at the end of July. 1...
08/18/2009
IRS is using advanced computer screening tools to catch"illicit first time" home buyers. - My advice is don't be one! The penalty can be up to three years in prison. So, free room and board? Hardly, this comes with a stiff price tag, of up to a $250,000 fine. The $8,000 credit looks like easy mon...
08/13/2009