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Written By: admin on September 14, 2009 One Comment

I have a question regarding the 00 tax credit for home buyers. I was in a land contract since 2002 – 6 years. And recently I just refinanced my home, FHA Stream Line Home Loan in June/08. I bought the home in 2002 on a land Contract, me only.
I got married in 2006 and [...]

Written By: admin on September 10, 2009 No Comment

Shouldnt this plot include everybody? This plot will cause a burden on society because those with poor credit histories will become homeless and society will have to foot the welfare bill to take care of those excluded from the plot.
http://news.yahoo.com/s/ap/20070831/ap_on_go_pr_wh/bush_housing_slump
"bush said the Federal Housing Administration, a government agency that provides mortgage insurance to borrowers [...]

Written By: admin on July 13, 2009 One Comment

"WASHINGTON – The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental go designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation’s mortgage debt, a person briefed on the matter said Friday [...]

Written By: admin on June 28, 2009 One Comment

I keep getting mail from different mortgage companies who want to refinance my house for supposedly no down payment, no closing costs, no appraisals and are offering a much lower interest rate. It seems too excellent to be right. I questioned the rep. if there was a catch, of course they said that there [...]

Written By: admin on June 27, 2009 One Comment

We're buying a home on Contract for Deed. He'll carry C4D for two years, then we have to have it refinanced. Can we apply for an FHA loan? Someone was saying they weren't sure if we could apply for FHA with a "refinance". Anyone know for sure? Oh and we live in Minnesota if [...]

Written By: admin on June 26, 2009 One Comment

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