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FHA WAIVES 90 DAY SEASONING " FLIP RULE " Effective February 01,2010 - Short Sale Investors can now complete a Short sale on a home and turn right around and "flip" that home to an FHA financed buyer. No more 90 days! Need more information

Homebuyer job No. 1: Check credit report

TALLAHASSEE, Fla. – Feb. 4, 2010 – Federal law allows Americans to obtain one free credit report annually from each of the three major credit reporting agencies. Anyone who needs a mortgage to buy a home should consider ordering the reports

A Historic Time to Buy

Young people just starting to invest and buying their first homes are potentially the winners in this recession. First-time homebuyers, most between the ages of 25 and 45, accounted for about 45 percent of home sales from January through July 2009, according
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First Time Home Buyers Tax Credit is ending soon

As your Realtor I can assure you that the $8,000 first-time homebuyer tax credit has definitely been a success. Homebuyer interest and housing sales increased almost as soon as the ink was dry on the tax credit legislation. Today's lower prices and

Mortgages rates dip below 5 percent

Mortgage Rate Trend Index McLEAN, Va. – Oct. 2, 2009 – Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year’s record low, Freddie Mac said Thursday. The average rate
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Time is running out to claim your $8,000 tax credit!

In about 90 days, Uncle Sam will end the $8,000 tax credit for first-time homebuyers, eliminating a popular program that has helped thousands of buyers realize the American Dream this year. But you can still take advantage of this phenomenal program -

When and how do I qualify for homestead

You may apply for homestead exemption year round, in the Property appraisers office. March 1st is the deadline for each year's tax roll, but you may pre-file for the following year. To file fr exemption you should bring your social security number
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What is a Truth-In-Lending Disclosure and why do I receive it?

The Disclsoure is designed to give you information about the costs of your loan so that you may compare these costs with those of other loan programs or lenders.
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Only 139 Days Left for First Time Home Buyers Tax Credit

Time is running out to get Your Tax Credit up to $8000 if you are First time Home Buyer! Don't miss out on this FREE money. Give me a call 850-385-4038 for your FREE consultation how to claim your money. Need more info: http://www.yourgreathomes.com

Mortgage Rates Trop This Week

Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac. The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago. The 15-year

How much can I ask for in seller concessions?

Typically on conventional loans the most a buyer receives in seller concessions is 3% (On a $100,000 purchase, $3,000). Making a larger down payment can raise the amount of concessions allowed from 3% to 6% or even 9%. However you rarely see these high