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Archive of posts filed under the News category.

Government Announces Short Sales Guidelines

Government Announces Short Sales Guidelines
The U.S. Treasury Department announced new guidelines this week designed to make short sales go more smoothly.
To qualify under these new guidelines:
* The property must be the home owner’s principal residence.
* The home owner must be delinquent on the mortgage or close to [...]

More Home Foreclosures on the way

I’ve heard from many Realtors that the market is recovering and stabilized. I disagree, and feel that 2010 will have record numbers of foreclosures. In order to survive and thrive you must position yourself to take advantage of the current market conditions by educating yourself. Enjoy.
WASHINGTON – Nov. 19, 2009 [...]

Details On The New Home Buyer Tax Credit Program

WASHINGTON – Nov. 6, 2009 – President Obama signed H.R. 3548 this morning, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signing a contract and a later deadline for closing; changes income requirements; [...]