November 14, 2009
Last Friday, President Obama signed a bill to extend the $8,000 tax credit for first-time home buyers from November 30th to March 31st, 2010 and added a provision that will extend the credit to more potential buyers.
Originally slated as a credit only for first-time homeowners, the government has now extended the credit to home buyers who have owned a home for under 5 years and are looking to purchase another home before March 31st.
It sounds like good news to a lot of buyers who were rushing to buy homes before the November deadline.
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October 7, 2009
Here’s a short video I put together with my brother, Adam Shandrow.
In it, he explains why purchasing a Fannie Mae home is different than purchasing any other seller or Bank Owned property.
* The homes are move-in ready.
* You get a 97% Loan Devalue Ratio.
* You don’t have to pay for mortgage insurance.
* There is no appraisal required, which expedites the closing of escrow.
* The properties are already in lendable condition.
* Though your interest payments might be higher, your PMI is waived.
* You can save hundreds of dollars a month in fees and mortgage payments.
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Shandrow Group Featured in German Documentary on California Foreclosure Market
June 10, 2009Shandrow Group Goes International!
We’re proud to announce that Shandrow Group will soon be making its European television debut in a German “60 Minutes”-style documentary on the booming California foreclosure market.
We were honored to have Munich-based FOCUS TV Produktions GmbH along for the ride for an entire day last week as editor Kirsten Moser and her [...]