The VA Loan Compromise Sale is designed for home sellers who have negative equity in their home and need to sell. The compromise sale is a option to consider if you do not qualify for HAP. There are many reasons a person would need to sell. A few reasons are that the active duty service member has … [Read more...]
Before you buy that condo……
September 29, 2010 By Leave a Comment
First off let me say that condo living is great for some people and not so great for others. As for myself I even want to buy a condo in about 10 years. i can't wait to be sitting by the pool with Kim and my iced latte. But......before you buy that condo, you better read all of the condo … [Read more...]
Fannie Mae Incentives
September 28, 2010 By Leave a Comment
Fannie Mae is currently offering 3.5% closing cost assistance for buyers of HomePath properties through December 31st 2010. To be eligible for this offer the buyer must be: Owner occupant. Must close on or before Dec. 31, 2010. Must close within 60 days of offer acceptance. For more … [Read more...]
Flood Insurance Update Part Two
September 27, 2010 By Leave a Comment
We received an update on the National Flood Insurance program last week that Congress has unanimously approved a one year extension until September 30,2011. The National Association of Realtors will be working to get the 112th Congress to approve a 5 year extension next year. The bill will now be … [Read more...]
Title Insurance, Why You Need It.
September 22, 2010 By Leave a Comment
Title insurance protects the holder of the policy against defects in the title after the property is purchased. There are two types of policies; Lenders Title Insurance and Owners Title Insurance. The lenders policy only covers the lender if there is a defect in the title. To protect yourself, you … [Read more...]
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