The New Housing Bill that Congress just passed in an effort to "save" Fannie Mae and Freddie Mac (F/F) has some other features that homebuyers need to be aware of. SAVE UP! For more than 10 years …
Step 2 Homebuying in Cary
In a previous post we explored the whole "First the Loan, then the Home." Mentality of Home Shopping. The idea is that if you begin shopping for a $175k home because you used an online calculator and …
New HUD Secretary Named
President Bush announced the new Secretary of HUD yesterday as Mr. Jackson left office. Former SBA Administrator Steve Preston will be the new "general" with MUCH to be done! According to Kansas …
What is FHA PMI?? As of April 2008
THERE IS AN UPDATE TO THIS INFORMATION - Please click here for CURRENT FHA PMI information... We are leaving it here, in case someone received FHA's PMI before 1/1/2010, and wants to check on that or …
FHA Repair Requirements
Homebuyers are looking for a deal - and sometimes you might think that purchasing a "fixer-upper" might be the best way to go! The problem is that many sellers, including banks holding foreclosed …
HUD Secretary Resigns
As has been reported by many - Alphonso Jackson resigned as Secretary of HUD today. The question at hand is not what he did - and if he was a GREAT HUD Secretary (because in my humble opinion he was …
