Good news for Claremont, CA real estate: FHA reinstates higher loan limits

Good news for San Gabriel Valley homebuyers: Prior to the Thanksgiving holiday, President Obama reinstated higher FHA loan limits through 2013. FHA loan limits can go up to 125 percent of local area median home prices. This means you can obtain a mortgage for a purchase or refinance in Claremont, San Dimas, LaVerne or Glendora for up to $729,750! [...]

Delaware First Time Home Buyer Seminar – November 19, 2011

On November 2, 2011, in Home Buying Process, by John R. Thomas

There will be a Free First Time Home Buying Seminar on November 19, 2011 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM. The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania. [...]

First Time Home Buyer, Getting Mortgage Qualified. Just How Hard is it to get a Home Loan in St. Charles, St. Louis and Missouri

On September 26, 2011, in Home Buying Process, Mortgage Approval Process, Mortgage Programs, Tips And Advice, by Bob Rutledge

So you are a First Time Home Buyer or at least you are considering buying a new home. You have heard that you can own a new home for less than what you would be paying rent on a comparable place. You want to own because you want a place to call your own, you [...]

Delaware First Time Home Buyer Seminar – October 15, 2011

On September 23, 2011, in Home Buying Process, by John R. Thomas

There will be a Free First Time Home Buying Seminar on October 15, 2011 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM.  The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania.  [...]

Existing Home Sales Hit Five Month High

On September 22, 2011, in Home Buying Process, Mortgage Rates, by Brendan Fontaine

Sales of previously owned homes hit a five-month high in August, according to data from The National Association of Realtors. Existing-home sales spiked 7.7 percent to an annual rate of 5.03 million units, exceeding economists’ expectations. Total sales, including single-family, townhomes, condominiums, and co-ops, were 18.6 percent higher than they were in August of last [...]

The VA Loan Appraisal Process in Virginia

On September 13, 2011, in Home Buying Process, Mortgage Approval Process, Tips And Advice, VA Loans, by Cynthia Small

  VA mortgage loans are very popular when purchasing a home in Virginia, and the veteran is protected in that purchase through a VA Loan Appraisal.  In fact, before your home can be approved for VA financing in Virginia, a VA loan appraisal must be conducted and completed on the subject property. What is a VA Loan Appraisal? [...]

Delaware First Time Home Buyer Seminar – September 24, 2011

On August 27, 2011, in Home Buying Process, by John R. Thomas

There will be a Free First Time Home Buying Seminar on September 24, 2011 at the Christiana Hilton Hotel in Newark, DE from 10 AM till Noon and again from 1:00 PM till 3:00 PM.  The seminar will cover everything you need to know in order to purchase a home in Delaware, Maryland, or Pennyslvania.  The [...]

Be Alarmed! This $30 mistake can cost you $150

On July 29, 2011, in Home Buying Process, Real Estate Appraisals, Video, by Rich Iacovetta

  As of July 1 all California homeowners must now have a carbon monoxide detector installed in the house or they could be fined $200. You should also know that if you plan to buy a house, the detector should be installed before getting your appraisal done. Because when the appraiser comes out to do [...]

Maryland Loan Limits Changing September 30, 2011

On July 27, 2011, in Home Buying Process, by Bill Sohan

It is becoming quite likely that we will see changes to the maximum loan limits in Maryland, effective September 30th.  Unless congress acts before then, the maximum amounts for high balance loans will be reduced per the attached schedule for the counties in Maryland.  This is effective for both Conventional and FHA loans.  There is [...]

Choosing Your Ideal Home Loan Program In Arizona

On June 23, 2011, in Home Buying Process, Mortgage Programs, by Derek Egeberg

Contrary to popular belief, there are no good or bad loan programs, however there are correct and incorrect loan programs depending on a borrower’s personal, financial, and credit situation. Choosing the most beneficial home loan program in Yuma Arizona requires careful planning and product education. Before deciding on one of the literally thousands of loan [...]