If you are interested in purchasing a distressed home, or one that's been foreclosed upon, it probably has some "deferred maintenance items" that need to be done. Getting the FHA Seller Repairs done …
Underwriting Guidelines Too Tight?
Ben Bernanke, is they guy a lot of people on Wall Street like to hate these days. They blame much of the problems with "future" debt amassing on his shoulders. Weather you like him, or you …
FHA Says Okay to Buy a Flip
Our son recently purchased his first home - and it was a home someone purchased, fixed and decided to Flip. Being in his 20's, he had no time or knowledge to fix the issues with the house by himself, …
FHA Says: Pay Off Disputes Over $999
FHA Announced a BIG Change that will take place this summer. According to the FHA Mortgagee Letter 2012-3, beginning July 1, borrowers with ongoing credit disputes totaling more than $1,000 will have …
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Qualifying For A FHA Streamline Refinance
FHA changed it’s guidelines so that VERY little is required to qualify for a FHA Streamline Refinance, however, in North Carolina, we have our own State mandated standards, so again – many of the NC …
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