Posts By Jason Klaskin
Location
Pennsylvania
Phone: 215-513-1332
Posts
If you are in the market to buy a home using the government’s FHA program it is important to note that April 2011 brings another increase in the cost for the annual mortgage insurance premium.
You can’t turn on the news these days without hearing about the Federal Reserve Board’s attempt at keeping interest rates low to spur more lending (for mortgages, business lending and other consumer loans) via a plan known as Quantitative Easing part 2 (QE2).
As most of you know, all buyers must have a fully executed agreement of sale on a property by April 30, 2010 and close by June 30,2010 to be eligible for either of the tax credits. These dates are extremely important but there are a few other pending changes that are creating an even greater sense of urgency for people looking to buy homes right now.
It is not often that we have one of those life changing ‘Aha!” moments. However, the past week has been one long, string of AHA! moments for me. I wanted to share this experience with the readers of this blog because it matters. It matters to me and it SHOULD matter to you. First let [...]
Recently, the U.S. Treasury announced some new measures to assist homeowners that are having trouble making their mortgage payments. They specifically address two areas of concern with programs aimed at alleviating some of the roadblocks that these borrowers are facing. One of the focuses is on loan modifications. This is a scenario where the lender modifies [...]
For those looking to take advantage of the newly extended Home Buyer Tax Credit there are a few things that you should consider. 1. FHA is one of the best options available for qualified buyers without a lot of money to put down. 2. Even if you don’t plan to start your househunting until after [...]
Complacency Can Cost Residents of Harleysville & Montgomery County Pennsylvania
Most people know that the first time home buyer tax credit will expire November 30, 2009. What many people don’t know is what that means to them if they are in the market to buy a home. Now more than ever you need to have an understanding of the timeframes involved in purchasing a home to make sure you don’t miss this opportunity.
If you are a first time home buyer in Montgomery County Pennsylvania you should know that your credit score will have a significant impact on your ability to qualify for a loan – especially for FHA mortgages. Although most buyers are aware of this fact, many are unaware that some of the actions they take when trying to improve [...]
Did I hear correctly? The real estate market in Montgomery County, PA is actually picking up?!?! Thanks to the FHA mortgage this is true! For those of you who have been following my articles on a regular basis, you know that the past year has been pretty rough on the real estate market in our area. [...]
About Mortgage Daily TV
NOT The Government
*This is not an offer to lend. We are not the FHA, VA, USDA, HUD or any other government organization.
