Marvin Thomas's (marvinlonc) Blog

Under the Housing and Economic Recovery Act of 2008 (H.R. 3221), seller-funded down payment assistance (DPA), both direct or through a third party, is prohibited, effective October 1. AmeriDream Inc.'s president Ann Ashburn issued a statement last week calling for supporters of DPA to press Congr...

The top markets share certain common characteristics. They all have:   Moderate home prices relative to the national average, and never participated in the wild inflationary spirals of the boom years....or the rapid deflation after 2006.   Solid local economies, producing new jobs, even in the fa...

Credit:Owning a home helps you establish financial credibility.Independence:Owning your own home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets and anything else within legal bounds.Investment:As you make more payments and own m...

Few aspects of both consumer and real estate financing have come under as much written and verbal gunfire as has the credit reporting industry. The skyrocketing volume of credit transactions has put a tremendous strain on credit reporting agencies which deal with millions of requests for informat...

There are over 425 churches, mosques, and synagogues in the Fayetteville area.  Here a list of location and services times:ADVENT CHRISTIAN Fayetteville 1301 Pamalee Dr.; 9:45 a.m. Sunday school, 11 a.m. worship; Wed., 7 p.m.Hollandale 124 N. Fifth St., Spring Lake; 9:45 a.m. Sunday school, 11 a....

An FHA loan is a mortgage loan insured by the Federal Housing Administration. FHA is part of the U.S. Department of Housing and Urban Development (HUD). FHA insures loans made by banks, savings and loans, mortgage companies, credit unions and other approved institutions. FHA does not originate lo...

Have you ever wondered what the Perfect Purchase Transaction would look like? Close your eyes and dream about it for a minute… Few inbound phone calls. Your cell phone never rings. Clients leave so ecstatic with your service that they hand you three names of people they know who are ready to sell...

While a short sale may be a last resort for many homeowners facing foreclosure, it also represents a great opportunity for potential home buyers and real estate investors. This article is designed to help answer a few basic questions about the substantial risk and reward involved in this extremel...

Do You Live in a High-Cost Region?Not everyone will benefit from these temporary loan limit increases, but experts estimate that areas in at least 17 states will be able to take advantage of it. So how do you know if your neighborhood qualifies? A high-cost region is typically determined by the m...

Do you qualify for a better rate?The Economic Stimulus Act of 2008 is a $168 billion plan intended to jumpstart the sliding U.S. economy. While a lot of media attention has been focused on the $600-$1,200 rebate checks that millions of taxpayers will begin receiving this spring, the new bill is a...