ShareThisArchive for Buyers
FHA Is Back!
From 2003 thru early 2007 it was very difficult to get sellers in Maryland to accept a contract in which a buyer was using FHA financing. FHA stands for the Federal Housing Administration. Traditionally this type of financing was great for first time home buyers but once we got deep into a sellers market FHA became a dirty […]
What Is A Short Sale?
For the past week I have been forwarding properties to my clients with the following remarks in the listing, “property subject to third party approval- short sale.” Some of my clients have called me wanting to know “what is a short sale?” This is what I explained to them. For homeowners who can no longer afford […]
Saturdays Home Buyer Seminar Highlights
Guess What? The majority of Saturdays attendees were already homeowners. They came for information on obtaining second homes and investment properties. The most popular question was “is it a good time to buy?” I explained to them the 4 reasons why now is a good time to buy. 1. Low interest rates. 2. Stable prices. […]
