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FHA to toughen rules for borrowers
The Federal Housing Administration (FHA) is proposing raising minimum credit scores for borrowers who receive FHA-backed mortgages, increasing down payment requirements, and limiting the amount of money sellers can provide toward closing costs. The proposed changes are part of an effort to shore up the ...
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Last week I caught the premier of the show "Hoarders" on A & E (if you missed it, you can go to their website to view the entire episode). It was amazing, and got me to thinking about how someone goes from being a pack rat (guilty!) to being a hoarder.
The show inspired me to get rid of some of the clutter around my home, and my ...
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One in four borrowers is underwater
Despite recent indicators that the housing market is improving,a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According to First American CoreLogic, nearly 10.7 million households had negative equity in ...
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[calendar:2009-11-08 2009-11-08]
Riverside County, California
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We invite everyone to visit our open house at 14957 Old Grove Road on
November 8
from 10:00 AM to 1:00 PM.
Property information
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[photo:listing:5245006]
Short Sale • 1,666 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $150,000 - Nice Price!
Central Riverside, Riverside - Beautiful, nearly new KB home in gated community. Light and bright open floor plan with many upgrades. Large kitchen with granite counter tops, upgraded cabinets, and tile floor. ...
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[calendar:2009-10-04 2009-10-04] Riverside County, California - We invite everyone to visit our open house at 14957 Old Grove Road on October 4 from 1:00 PM to 4:00 PM.
Property information
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[photo:listing:4916113] • 3,764 sq. ft., 4 bath, 5 bdrm single story - MLS® $556,000 - Standard Sale
Riverside County, California - Here is the home you have been waiting for! Beautiful semi-custom single story estate home in Regency Ranch. Highly desirable split floor features 5 spacious bedrooms, 3.5 bathrooms, and a ...
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Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing their home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure.Reasons For Pending ForeclosureApart from those who knowingly ...
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Would You Like $8,000? Buy a Home. Soon!
To stimulate the economy,
Washington juiced up the stimulus plan passed last year in February. Two
benefits for FTHBs (First Time Home Buyers) were that the amount of the tax credit was increased from up
to $7,500 to $8,000. And, more importantly, the amount of the credit does not
have to be ...
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CNN is searching for a bottom in the housing market
With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing.
So ...
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