Recent Posts Tagged With 'down payment assistance'

• Back to Reality--No Using the $8000 Tax Credit for Down Payment

  Posted on Monday May 18th, 2009 at 20:03 in tax advantages, down payment assistance

  This has already been addressed in many other quarters, but just for the record, I'm including it here: Apparently, the HUD letter ML 09-15 has been rescinded as of last Thursday morning because it violated a federal law effective as of October 1, 20...

• Long Beach First-Time Home Buying Assistance

  Posted on Wednesday November 5th, 2008 at 15:11 in down payment assistance, long beach local

  Good news for first time buyers in the Long Beach area: The buyer affordability index is higher than it's been in several years--in Los Angeles County it's up to 40% or higher. Condo prices in particular have softened a great deal, and house prices ...

• Are You Wanting to Buy, But Waiting?

  Posted on Thursday October 2nd, 2008 at 14:32 in for buyers, down payment assistance

  Trulia just completed a survey on homeownership:The results from our national American Dream Housing Study conducted by Harris Interactive are in. “70 Percent of Non-Homeowners Have No Plans To Purchase a Home in the Next 12 Months; Nearly Half in ...

• Buyer Affordability--Loans vs. Price Decrease

  Posted on Monday August 25th, 2008 at 17:09 in affordability, down payment assistance

  The good news is that more buyers don't need as much annual income in order to qualify, but what about loan qualification? First of all, price drops are out there, especially with condos. If a condo is for you, this is the time to start examining you...

• Money in the Wind--No More Seller-Assisted Down Payment Programs

  Posted on Thursday July 24th, 2008 at 18:28 in fha, down payment assistance

  The House of Representatives has voted, with the Senate soon to follow, giving $300 billion in assistance to FNMA and Freddie Mac. The legislation passed yesterday by the House would authorize Paulson to bail out Fannie and Freddie while placing few...

• FNMA: California No Longer a "Declining Market"

  Posted on Monday May 19th, 2008 at 10:01 in down payment assistance, conventional loans

  Since last December, California was named a "declining market" by FNMA ("FannieMae"), but in the spirit of its original mission under its 1938 creation under Franklin D. Roosevelt to "help those who house America", last Friday, May 16th, it removed t...

• Buyer Down Payment Assistance

  Posted on Tuesday May 13th, 2008 at 18:55 in closing costs, down payment assistance

  Many times the buyer needs extra cash to close, and many times the seller might be willing and able to contribute funds in order to sell his/her property.The HART (Housing Action Resource Trust) down payment assistance program is one designed to do j...