My World- Real Estate News

Excellent Property In Newer neighborhood. 4 Br 3 Ba. lorge Lot with RV Parking.

FHA cambiara sus Reglas una vez mas. lo que hasta ahora sabemos es lo siguiente: 1-. la contribucion maxima permitida por parte de los vendedores sera reducida del 6% a 3% 2-. enganche se mantentra en 3.5% si su puntuage de credito es de 580 o mas y aumentara a 10% si su puntuage es menor a los ...

Here are the Numbers for Bakersfield area December 2008 to December  2009  Area 51 Price from $100,000 to $125,000  

Today I will be announcing a series of changes to FHA that will affect some of you. As you read about them, please note a few key points. FHA fell below is legislated requirement to have 2% in excess capital for reserves above and beyond forcasted losses. Being below this 2% requires me, by law, ...

 As each new year rolls around, we are inclined to make a "new year's resolution," and decide that this is the year that we will actually stick with it. Resolutions normally consist of weight loss goals,exercising, eating healthier, or quitting bad habits such as smoking or drinking. While these ...

A partir del 1ro de Febrero del 2010 si usted compra una propiedad y la quiere vender inmediatamente y que sea financiada FHA ya no tendra que esperar los 90 dias que eran requeridos, usted podra entrar en contrato el proximo dia de cerrar su escrow si asi lo desea. esto le ayudara a ahorrar dine...

Now is your time to make extra money and help get rid of Eye sores in our communities as of January 15, 2010 FHA has come out with a new ruling that applies to the seasoning of title and flipping of properties. Before if an investor purchased a home, rehabbed it and wanted to resell it, an FHA bu...

it was about time, this will help a lot.  Effective for all sales contracts dated on or after February 1, 2010, certain property may be resold and financed using FHA insured financing without waiting 90 days. FHA has temporarily waived the 90 day wait period, on certain transactions.  These recen...

HUD has just published some new guidelines that will nix some sales effective immediately if there is any suspicion that the buyer is participating in a Short Sale deal and is simultaneously renting out their previous house.  If they sold their old house at Short Sale simply to take advantage of ...