In today's market, the FHA loan has been the loan of choice, especially for first-time homebuyers. The low down payment, and the ability for a seller to contribute up to six percent in closing costs are some of the loan's appeal. However, there are some recent changes as well as proposed changes
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03/22/2010
Many buyers prefer new construction to existing resale properties because there is a perception that a newer home will require less work and because it's new, they think they can save the expense of a home inspection. Yes, a newly built home won't have wear and tear and the operating systems like
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03/19/2010
It happened yesterday and today I'm still mad! Why...because a listing agent I know feels it's incumbent of him to tell his sellers that the sales assoicate who will be helping him out with an open house is a "big black man". My question is why? Because the man is big? Of course not. I told the a
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03/16/2010
Here in Tampa, it seems that approximately 6-7 out of 10 homes are short sales. This is especially true for the entry level homes priced between $75,000 to $225,000. Short sales are homes in which the seller owes more on the home than he can sell it for, hence with lender approval, he must sell
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03/12/2010