Study Finds 38% of Homes Purchased in 2011 Bought with Cash

Written by on January 3, 2012 · Leave a Comment
bigfoot

According to a recent article on DSNews.com 38% of homes purchased in 2011 were purchased with NO LOAN but with CASH.   Heres is a repost of the brief article: Despite record low mortgage rates, 2011 has seen a surprisingly high level of cash home purchases, according to the real estate research firm Hanley Wood more » Read more »

Is a Condo or Townhouse Right for You? What You Need to Know

Written by on December 6, 2011 · Leave a Comment

Is a Condo or Townhouse Right for You? What You Need to Know Townhouses and condominiums are great options for those buying their first home, looking to live closer to downtown or large urban areas or just looking to reduce expenses. However, townhouses and condos differ in many respects from the traditional single-family home and more » Read more »

Fannie Mae Offers a 3.5% Buyer Incentive Until December 31, 2010

Written by on September 27, 2010 · 1 Comment

“Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus.”  Homepath.com What is the 3.5% Homebuyer’s Incentive? To encourage the purchase of HomePath properties, Fannie Mae is now offering a 3.5% Buyer Incentive from September 23 to December 31, 2010. What does this mean for more » Read more »

Are You Aware of the New FHA Repair Requirements?

Written by on April 22, 2010 · 103 Comments

Thinking of buying a home with an FHA loan? To help you out, we’ve put together a list of repairs and improvements the FHA does and does not require in regards to the condition of a property being purchased with an FHA loan. Recently, the FHA has changed its property requirements and we’ve heard many more » Read more »

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