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Obama backs extension of tax credit

Bipartisan support builds for first-time homebuyer program By Inman News, Monday, October 5, 2009. Inman News White House spokesman Robert Gibbs today confirmed that President Obama supports an extension of the first-time homebuyer tax credit, along with

Do you know what APR is?

New tool simplifies mortgage shopping So why is it absent from lending reforms? By Jack Guttentag , Monday, September 14, 2009. Inman News The annual percentage rate (APR) that the law requires mortgage lenders to disclose alongside the interest rate

This Is The Bottom #2

Now I am talking home prices. If you go back to my blog post dated January 22, 2008 ( See it here .), you will see I called the lows for mortgage rates. Focus here is on home prices which are now at the bottom. That's right, only up from here. Of

Purchase a home and get money for improvements!!

FHA Streamline 203 (K) Program Owner occupied only, 1-4 family Up to $35,000 in non-structural repairs FHA loan limits apply Borrower can be their own general contractor. Can perform their own repairs based on trade and qualifications. Ratios 31/43 (may

Your Credit Demystified

Charge-offs, late payments drag credit through mud Negative information can affect score for years By Ilyce Glink , Wednesday, June 18, 2008. Inman News I've heard from more than a dozen readers who were confused by a recent column on how to clean

Lender-Owned Homes May Be Bargains, But They're Hard To Buy

Here is a great article regarding dealing with bank owned properties. Kathleen Doler Thu Apr 10, 5:50 PM ET Patience is a virtue, and a necessity, when buying a foreclosed home straight from a lender. if(window.yzq_d==null)window.yzq_d=new Object(); window.yzq_d['NEtCY0LEYpU-']='&U=127746ro9%2fN%3dNEtCY0LEYpU-%2fC%3d-1%2fD%3dRMP%2fB%3d-1';

Don't buy home if you'll need to sell in a recession

How far home prices will fall is anybody's guess By Dian Hymer , Monday, April 14, 2008. Inman News Some people -- including financial wizard Warren Buffett -- think the United States is already in a recession. Technically, economists define a recession

Foreclosure---Not Necessarily

Here is a good article I found on fighting back against foreclosure. Activists Bare Teeth Over Foreclosures Saturday March 1, 12:43 pm ET By Adam Geller, AP National Writer In Fight Against Foreclosures, Ornery Activists Tackle Countrywide, Nation's

This is the BOTTOM!!!

If you are a buyer and you have been waiting to get the best possible rates, you have maybe three to four months to close on your deal or you will miss the proverbial boat. Most lenders I'm talking with are quoting between 5% and 5.5% on a 30 year

WOW!! To this interest rate!!

Obviously rates are coming down. No secret here. But don't think for a second they are staying this way. As a matter of fact, if you are a buyer who has been thinking about it, you better quit thinking and start acting. You have the next 4-5 months

Foreclosure Fraud

First things first, if you are in threat of foreclosure, you have missed your house payments, or you think you may be about to start missing your payments, don't sit idly by. Call me and I can help. I'm not going to wave a magic wand and get you

Foreclosure Fraud Video

First things first, if you are in threat of foreclosure, you have missed your house payments, or you think you may be about to start missing your payments, don't sit idly by. Call me and I can help. I'm not going to wave a magic wand and get you

Important Buyer Information

By Ilyce R. Glink Inman News Sometimes home buyers think they'll be able to get away with making a large purchase just after they've been approved for a mortgage. But charging up a ton of debt on your credit card before you've closed on your

AmeriDream Granted Extension

Join T he Growing List of DPA Supporters: Congressional Leaders US Conference of Mayors The National Association of Counties The National Home Builders Association The Mortgage Bankers Association The National Urban League Association for Homeowners Across

Ameridream files for temporary restraining order against HUD

Press Release AmeriDream Files For Temporary Restraining Order Against HUD Rule Gaithersburg , MD -- AmeriDream, Inc., a leading non-profit in affordable housing, announced today that it filed a second action, against HUD, in its fight to save homeownership
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