In a move to bolster the struggling real estate market, Congress passed legislation in the last week of 2009 to increase federal support to Fannie Mae and Freddie Mac, the two largest players in the American mortgage industry. While widely considered a positive step by many in the housing industr
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01/28/2010
States hardest hit by foreclosure, as reported by the AP: 1. Nevada 2. Florida 3. California 4. Arizona 5. Idaho 6. Michigan 7. Illinois 8. Utah 9. Maryland 10. New Jersey
01/28/2010
USHUD.com and its parent compay, Heavy Hammer, Inc., recently completed an internal study that revealed some numbers should really interest potential homebuyers and those assisting homebuyers. Comparing the average asking price of thousands of foreclosure homes to tax assessment values and the
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01/28/2010
The advantages of being a first time homebuyer are plentiful and can be utilized if you know and understand your options and the ways in which you can save money. Lower Interest Rates For First Time Homebuyers As a first time homebuyer, you are offered far lower interest rates than an investor. I
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01/28/2010
Fannie Mae Offers New Closing Cost Assistance and Appliance Incentive for Homebuyers Fannie Mae is offering a 3.5% incentive for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties listed on HomePath.com that are closed wi
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01/28/2010
Putting your house on the market? One of the most important decisions you will make is choosing the professionals who will help you sell. Not all Realtors and Home Stagers are created equal. Just because they are professional, it doesn't mean they are proficient. In order to choose the right p
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01/28/2010
Investing in foreclosure homes for resale is not that different from investing in foreclosure homes for rental income. Many of the same rules apply and many guidelines remain constant. As with any type of investing, the point at which you enter will determine how profitably you exit. The single l
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01/28/2010
FHA Loan Requirements- How changes will effect the real estate market. It was recently announced that FHA is going to change the current guidelines for FHA qualifications. One of the big changes is the reduction of seller assistance. The current seller contribution for a seller assist by FHA is 6
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01/28/2010
In a decision applauded by the Maryland Association of Realtors and other real estate professionals across the state, Maryland's Anne Arundel County announced it is backing away from increasing taxes on certain types of real estate transactions. The new taxes, collected on debt forgiven by lender
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01/28/2010
First time homebuyers, and buyers who haven't owned real estate in the past three years, may be eligible for the Prince George's County Down Payment on Your Dream Program. But hurry. With funds quickly running out, PG County has set a Feb. 19 application deadline. The Down Payment on Your Dream P
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01/27/2010
