Jen Hudson's Blog

Property Management q & a Q: A tenant of mine was the victim of a "home invasion" break-in (it was a co-worker who was mad at him for some reason that broke in). He says he is breaking his lease (he is in the first month of a 12 month lease) and moving out. Does he have the legal right to break h...

FHA announced that it will put new requirements into effect for condominium financing. As of the writing of this article, the new requirements were schedules to take effect October 1, 2009. However, there was talk of delaying enactment until November 2009 to facilitate closing of first time home ...

Question:Can a buyer  claim the first-time homebuyer tax credit if buyer purchases using seller financing? Answer:Yes. So  long as the buyer obtains the "benefits and burdens" of ownership of the property, then the buyer can claim the credit. This is true even if the seller retains legal title a...

Question:First time tax credit buyer entered a purchase agreement several weeks ago, intending to close by November 30 to take advantage of the first tax credit program. Closing will not happen by November 30, but should happen in December. Do buyer and seller need to rewrite their purchase agre...

It's official! Our voices in the real estate industry have been heard and we have reason to celebrate!... Not only was the $8,000 first time home buyer tax credit extended, we also have a NEW $6,500 tax credit for homeowner who have been in their homes for a consecutive 5 of the last 8 years.......

Changing/ Starting Out With Condominuim Property Managers Once Upon a Time... "All your condominium documents are in a box -- somewhere. Someone passes the box to another person. The box ends up somewhere else. "Everything gets taken care of. Everybody lives happily ever after." The End. ________...

Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!...Question: Property owner owned two adjoining lots. Each lot was separately mortgaged. Owner completed a boundary line adjustment through the county, effecting an equal land trade between the two lots, but never notified either mortgag...

This summer brought two monumental changes to the lending industry. First, the HVCC eliminated a mortgage broker's or lender's ability to deal directly with an appraiser. Second, the Regulation Z was modified effective July 30, 2009. So, what does this mean and why should you care? For the HVCC r...

  Thursday, September 10, 2009, 11:19am PDT First-time home buyers face deadline Puget Sound Business Journal (Seattle) - by Jeff Clabaugh Washington, D.C. Business Journal The government's first time homebuyer $8,000 tax credit has helped stimulate home sales, but buyers still hoping to take adv...

Home sales soar 7.2 percent in July First-time buyers rushed to take advantage of tax credit The Associated Press updated 7:59 a.m. PT, Fri., Aug 21, 2009 WASHINGTON - The U.S. housing market is improving quicker than expected, with home resales in July posting the largest monthly increase in at ...