A new and costly rule called Qualified Residential Mortgage is being considered by federal regulators. If the proposal passes it would require home buyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses and turned it into an unintended penalty on home Buyers AND home Sellers.
Finally Banks Turn to Short Sales Versus Foreclosures As a Certified Distressed Property Expert who is vested in helping homeowners in Atlanta find an alternative to foreclosures, it is refreshing to hear banks are getting on the same page. Could it be that the Government has finally caught on to how badly the banks were handling short sales and they are no longer shelling out money to bail the banks out or is it that...
According to a recent article by Clark Howard, now is a fantastic time to buy a home, especially for first time home buyers and those who are renting, but would like to own. Economists are saying that affordable housing is at the best level it's been in over 40 years! Interest rates are at 4.5% today, and there are numerous down payment assistance programs available, no matter where you live. What does that mean...
Since the deadline to file taxes is just around the corner, I thought I would share with you some deductions you may not have known about to help you save even more money. I
Want the BIGGEST bang for your buck? Shop and research before signing on the dotted line. A lot of first time buyers, most of them in fact, don
The current U.S. housing market and financial crisis have caused tremendous stress and heartache for families across America. If you or someone you know is among the millions today affected by the prospect of foreclosure, understand that you are not alone. Unfortunately, too many homeowners facing foreclosure proceed without the assistance or advice of real estate professionals. Now more than ever, you need to find an advocate for you and your family's interests, one who...
With every New Year brings us closer to something we all must do.....get our taxes prepared...yuck! I came across some really helpful information recently and thought you could use it as a guide for putting together the necessary paperwork for you and/or your tax-preparer. It may even help you find a deduction or credit you were not aware of. Taxes are complicated enough; we need all the help we can get. At least I know...
