Government restores funding for zero-down home loan program
Zero-down financing for some home buyers will return after funding was restored to a federal loan guarantee that has been broke since April.
The U.S. Department of Agriculture’s Rural Development program provides guarantees to 30-year, fixed-rate mortgages at market rates offered to moderate income buyers.
The loans require no down [...]
Entries Tagged as 'home'
Zero Down Home Financing
August 27th, 2010 No Comments
Tags: down · financing · home · mortgage · payment · zero down · zero down mortgage
New House
August 21st, 2010 No Comments
New home buyers don’t want a used house when only new will do. They don’t want to inherit somebody else’s worn carpeting, personal taste in kitchen appliances or look at some kid’s initials scrawled into once-wet cement that they didn’t put there. The home must be brand spankin’ new, fresh and clean without so much [...]
Tags: buy new house · design · home · housing · real estate · realestate
Owner Finance
August 21st, 2010 No Comments
In Texas, can I owner finance a house if I still owe money on the house?
If yes, how and how long does it take to close?
No, in any state, the primary (and secondary, if there is one) lienholder must be paid in full before the property can be transferred, and a new Deed of Trust [...]
Tags: business · finance · home · housing · realestate
How to Buy a House
August 16th, 2010 No Comments
Many people dream of home ownership but it mandates homework, legwork and considerable effort on your part to ensure that the process goes as smoothly as possible, and you don’t bite off more than you can chew. Here’s how to make your dream become a reality. This article assumes you will be using a lender.
Here [...]
Tags: buy home · buy house · home · how to buy home · howto · purchase home
Alternative Home Financing
August 15th, 2010 No Comments
In order to obtain a home mortgage through conventional lending institutions, borrowers must have a fico score of 750 or higher. Additionally, borrowers must exhibit a strong history of paying loans on time and a solid work history. Fortunately, financing alternatives are available for individuals with less-than-perfect credit.
One home mortgage option is known as seller [...]
Tags: alternative financing · finance · home · home financing · mortgage
Sell House by Owner
August 10th, 2010 No Comments
Neighbors recently sold a house by owner?
A couple with 2 kids just recently sold their house by owner and did not go through a real estate broker. They keep coming back to that house every now and then. What’s going on? Why they keep coming back. I thought they shouldn’t be back if the house [...]
Tags: for sale by owner · fsbo · home · house · realestate · sell house
Fixer Upper Homes for Sale
August 9th, 2010 No Comments
Making money with “fixer-uppers” isn’t about repairing drywall or planting flowers. It’s about using the right approach from the start.
Many people buy and sell a fixer-upper like this: They buy a house, fix it up, then add some amount (say $10,000) that’s in their head onto their costs. Then they put the house up for [...]
Tags: estate · fix up home · fixer upper home loans · home · investment
Home Buyer
August 6th, 2010 No Comments
vacation home count as first time home buyer?
I am planning to buy a vacation home in out state. Now will I be consider as first time home buyer if I never own a house in my state?
Will I qualify for first time home buyer credit even though I am buying out state home?
No.
In order [...]
Tags: home · house · housing · realestate · shopping
Home Builders
August 3rd, 2010 No Comments
Every new homeowner’s nightmare is to encounter problems that could have been avoided if they had taken the time to investigate the home builder. Imagine the horror of moving your couch to vacuum and finding toxic mold growing on the walls of your 6-month-old house, or finding out that your 10-year home warranty is worthless. [...]
Tags: architecture · build a home · design · diy · home · home builders · house
Homes for Sale by Owner
August 1st, 2010 No Comments
Yigdigs provides personal FSBO service including flat fee MLS and agent assistance for contracts. Yigdigs is a nationwide For Sale By Owner (FSBO) online service that makes selling a home even easier for home owners providing with the with limited assistance from a real estate agent, saving you thousands of dollars. Tap into the community [...]
Tags: fsbo · home · homes for sale by owner · house · realestate
