Posted September 8th, 2008 by Sheila
What does the Fannie Mae and Freddie Mac bailout meant to home buyers and sellers? The bailout could mean lower interest rates, which will hopefully encourage buyers. The expectation for a 30-year fixed conventional loan rate to fall over the next few weeks as much as a half percent. Unfortunately, the declining housing market will [...]
Tags: buyers, Fannie Mae, foreclosure, Freddie Mac, government bailout, homeowners, mortgage, sellers
Posted September 4th, 2008 by Sheila
Okay, I am a Realtor so of course I am going to tell you YES!!! I am going to tell why…………You are essentially making the biggest Sale or Purchase of your life and you want to go at it alone? Don’t you normally seek the advice of a professional when you a question about the [...]
Tags: buyers, finding the right realtor, homes, Realtor, sellers, Tampa Real Estate, Tampa Realtor
Posted August 24th, 2008 by Sheila
If you are facing foreclosure, I want you to know you have options. If you can prove a hardship such as loss of a job or illness you may qualify for a short sale. A foreclosure is more damaging than one may think. We all know it has profound effects on your credit (250 to [...]
Tags: Fannie Mae, foreclosure, Hillsborough, Pasco, pre foreclosure, short sale, Tampa Real Estate
Posted August 19th, 2008 by Sheila
The clock is ticking on all seller-funded downpayments. Effective with all FHA loans underwritten on or before October 1, 2008 seller-funded downpayments are prohibited. All loans containing a seller-funded DPA must close by October 31, 2008 and/or be purchased by Taylor, Bean & Whitaker Mortgage Corp. by November 15, 2008. This all came about because [...]
Tags: buyers, FHA, home loans, Tampa Real Estate
Posted August 10th, 2008 by Sheila
Congress has just approved a tax incentive in order to spike up the volume of first-time homebuyers. They have approved a $7500 tax credit for first-time home buyers that will either result in a tax reduction or may help you get a refund. First-time homebuyers beware! This credit goes away July 1, 2009 so don’t [...]
Tags: first time home buyer, real estate, Tampa Real Estate, tax credit
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