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First time home buyer tax credit; things you need to know

The legislation that recently enacted that gives first time home buyers up to a $7,500 tax credit may be a good idea for some, but for many home buyers, it may be a catastrophe waiting to happen. In a nutshell, a first time home buyer can receive up to
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Mortgage interest rates are moving

The last couple of weeks have seen mortgage interest rates rise 1/2 to 3/4 of a point. There are several reasons for this and you can stay up to date with the latest news by checking this page of my web site. This page is updated daily to reflect market

The Housing Crisis is Over

There, I said it. I don't think CNN, CNBC or any of the other news networks will be repeating it though...it doesn't have the drama that the real estate doom and gloom that they spew almost daily has. I read a lot of blogs, especially other Realtors

Short sale schemes and scams

With all of the media reports today, both in print and television, about the real estate bubble burst and the number of foreclosures, the amount of mortgage fraud that is being uncovered and the sheer number of homeowners who just can't make their

Real Estate Market Conditions and Mortgage Interest Rates

I just posted a couple of articles on my other blog about the current condition of the real estate market. The news is not all doom and gloom like a lot of print and broadcast media are tying to get us to believe. All real estate is local. What is happening

Financing Update

In an earlier post, I advised everybody that two of the down payment assistance non-profit organizations were going away. I learned yesterday that one, Ameri Dream, has acquired a favorable court decision to allow them to continue to provide this much-needed
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