There's been some discussion about Agents rebating commissions back to the buyer... we see ads everyday for a Agent that will refund part of their Commissions back to the Buyer at Closing. What I …
The Pros and Cons of First Time Home Buyer Programs
First Time Home Buyer Programs are designed to help buyers to get into a home more easily. However, just because you’re a first time homebuyer doesn’t mean you should use a first time home buyer loan. …
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The FHA Maximum Loan Limit Roller Coaster 11/11
In January of 2009 the Temporary Loan Limit increases that allowed those in High Cost Areas to borrow up to $725,000 went down. I live in Wake County, NC - not a "high cost" area... but it did affect …
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FHA Short Seller + FHA Buyer = Restrictions
FHA has specific rules when it comes to purchasing a home that is in Pre-Foreclosure with a FHA mortgage on it. FHA doesn't make mortgage loans, they Insure them - and so as the Insuring Agency …
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FHA Guidelines About Using Rental Income in NC
If you are moving to North Carolina, and you are going to rent your current home, there are a couple of things you should know about qualifying for an FHA Mortgage Loan for your new house. If you …
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Profile of 2009 – 2010 First Time Home Buyer
The National Association of Realtors released information about First Time Home Buyers last week that showed some interesting trends! 93 percent of those surveyed in 2009 - 2010 reported that they …
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