ShareThisArchive for News
Make Sure Your Lender Reviews Your Tax Returns!
The first step in the home buying process is to get pre-approved by your lender. Please make sure that your lender reviews the last two years of your tax returns before issuing you a pre-approval letter. The reason this is so important is because I’ve had at least 10 clients that have been referred to […]
Cost and Price of Homeownership!
When purchasing a home you should look at the COST not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact they have on a $100,000 mortgage payment. […]
FHA Eases Restrictions On Condo Lending!
Great News! FHA is temporarily easing its lending requirements for condominiums, in a bid to help the real estate market. In Maryland their are many condo communities that can not get FHA approval because of the amount of delinquent condo dues. I’ve had many buyers who wanted to buy condos in communities that could not […]
High Rentals Pushing People to Buy Homes!
With Apartment and rental properties rents climbing across the U. S., but the cost to buy a home still low, housing analysts expect to see more apartment dwellers opting to become homeowners. Over the past 90 days I had several clients looking to rent realize that it was cheaper to purchase a home instead of […]
World Population is Projected to hit 7 Billions by Monday Oct. 31st!
Sometime on Monday October 31, 2011 the world population is projected to hit 7 billion. By 2050 the world population is projected to be 10.5 billion. Very interesting! World population by the billions 1 billion – 1804 2 billion – 1927 3 billion – 1959 4 billion – 1974 5 billion – 1987 6 billion […]
