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Don't forget to turn your clocks ahead this weekend. With the winter that we have had nationally, that will be a great feeling! Also, only 50 days left to qualify for the tax credits by having a signed agreement by April 30th. Let me know if I can Read More...
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There have been several recent changes in FHA loans, such as reducing the amount of seller assist that a buyer can get from 6% of the sale price to 3%. For information on other changes, please contact me. Read More...
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If you plan to take advantage of the $8000 first time buyer or $6500 current homeowner tax credits, you must have a completely executed agreement of sale by April 30th and have until June 30th to go to settlement. Please let me know if you have any questions Read More...
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There have been several recent changes in FHA loan requirements: Mortgage insurance has been increased from 1.75% to 2.25%. This will not have a huge effect since it is over the life of the loan. Downpayment required: 3.5% with a credit score above 580, Read More...
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Homeowners are not putting their house on the market unless they have to - home values are low and buyers are going to try to get them lower. But there has never been a better time to buy if you are a first time buyer. Low prices, low mortgage rates, Read More...
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Townhouse for sale in Marsh Harbour for $259,900. See my home page for pictures and more details. Located in the Downingtown School District, near the Village of Eagle and Marsh Creek Park. Great value in a desireable developement. Very close to Pennsylvania Read More...
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The tax credits for first time home buyers and current homeowners will expire on April 30th. It is important to get pre-approved for a mortgage so that you are ready to show a seller that your are qualified. It also lets you know how much home you can Read More...
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I hope you and your family have a Happy, Healthy and Prosperous New Year! Remember that the tax credits for First Time Buyers and current homeowners require that you be under contract by April 30th and settle by June 30th. There should be an increase Read More...
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The tax credits for first time buyers and current homeowners, $8,000 and $6,500 respectively, require that you be under contract by April 30th and go to settlement by June 30th. Please contact me if you plan to take advantage of either of these programs Read More...
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For first time home buyers, there has never been a better time to buy. Right now, every single factor that can be helpful in getting a "good deal" are in place. - mortgage rates are at an all time low, staying between 4.6% and 4.85% - lots of Read More...
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If you are interested in foreclosed properties, you can now search for them on ReMax.com. The search information is at the top of the first page. If you find properties of interest, please contact me and I will provide more complete information and set Read More...
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It is estimated that 1 in 4 homeowners is underwater with their mortgage - their home is worth less than the mortgage amouont. This may cause more homeowners to go into foreclosure, which would further reduce home prices. We'lll just have to wait Read More...
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Interest rates for 30 year fixed conventional mortgages dropped under 5% to 4.875%. Combined with low home prices, willing sellers and a tax credit of $8,000 for first time buyers, this is a great time to buy a home. There is even a $6,500 tax credit Read More...
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All of the ingredients are in place to make this the best time to buy a home. Home prices have hit bottom, according to most experts. Interest rates are at 5.125% - an all-time low. Sellers are desperate and willing to negotiate prices even lower. Credits Read More...
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The Senate has passed a bill extending the $8,000 tax credit for first time home buyers to next June. Buyers need to be under agreement by April 30th and go to settlement by June 30th. There is also consideration for a $6,500 tax credit for any current Read More...
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