RECENT BLOG POSTS
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The Federal Housing Administration (FHA), an agency of the federal government, insures private loans that are issued for new and existing housing, and loans that are approved for home repairs. Created by congress in 1934, the FHA became part of the Department of Housing and Urban Development's Of...
03/08/2009
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Clients often ask me if it's really necessary to hire a real estate professional to represent them on their home purchase. And the answer is ABSOLUTELY! You see, there's not a single disadvantage for doing so. First and foremost, it will cost you nothing. The seller is always responsible for payi...
02/28/2009
Sacramento, CA -I'm sure you have read and seen from the newspapers and mass media about the current state of the real estate market. Buying a home is both complex AND confusing. In an effort to replace confusion with clarity, real estate professionals have teamed up to sponsor a FREE Home Buyer ...
02/22/2009
Two major economic plans were released that will impact a lot of home owners. Even though most of those plans are still being worked out, let's see how it could impact you. Let's start with the Economic Stimulus Plan for 2009 - It's a $787 billion stimulus bill made up of tax cuts and spending pr...
02/22/2009
If you've been following the news, you know that, in an effort to help the current real estate market come out of the whole, the Fed has started their program of purchasing Mortgage Backed Securities and has mentioned it will continue as needed. We also know that the media will (actually...alrea...
02/22/2009
We’ve all been excited about the possibility of the government increasing the current $7,500 tax credit for first time home buyers to $15,000. Well, things have changed a little... Congress has just passed the American Recovery and Reinvestment Act of 2009, known as the new Stimulus Bill, with so...
02/15/2009
Great news to home buyers...Fannie Mae is now offering a special loan program that allows buyers to purchase Real Estate Owned (REO) properties straight from Fannie Mae. It's called Home Path and is already in place. Why is it a good idea? Because in the midst of a credit crunch and lack of loan ...
02/15/2009
By this time, most of you know how hard it's been to refinance a home loan due to property values. Short sales and foreclosures have driven home prices to their lowest and even though interest rates are still amazingly attractive, the grand majority of home owners can't take advantage of it. But...
01/29/2009
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Congratulations! You took the big step of qualifying for a mortgage and are now on your way to finding the perfect home. It's smooth sailing from here, right? Probably. However, more than one buyer has had the wind knocked out of his sails at some point in a real estate transaction by doing some...
01/29/2009
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About Your Credit Score Credit scores are vital to your financial health. It's a number that helps lenders predict how likely you are to make your credit payment on time. It will affect whether you can get credit and what you pay for credit cards, auto loans, mortgages and other types of credit. ...
01/27/2009