BT1-don't tell the seller how much you like the house.
BT2-drive around the neighborhood an evening or weekend to get a feel for the community.
Continue reading "Here are 12 home buying tips I wrote on twitter" »
Beginning Feb. 1, the Federal Housing Administration will provide mortgage insurance for some purchases in which the seller bought the property and held it for fewer than 90 days.
Continue reading "FHA Changes Alert: Anti-Flipping Rule Relaxed" »
I am encountering a great deal of frustration with appraisers, especially with VA and FHA financing.
Continue reading "Appraisers -Deal Breakers? " »
FHA announced changes in the following areas:
• The upfront mortgage insurance premium (UFMIP) will increase to 2.25 percent up from 1.75 percent. Contrary to reports, FHA will continue to allow the financing of the UFMIP.
Continue reading "FHA Regulatory Changes Alert" »
The current home market seems impossible to buck. The one advantage though is that more creative options are becoming more common to navigate the apparent road blocks to owning a home.
Continue reading "Is Rent to Own an option in Fort Lauderdale?" »

Not sure if it is me or what, but are Bank Foreclosures (REO's) going out of their way to avoid FHA buyers? this year alone, I had at least 5 buyers that had lost the property of their dream to
Continue reading "Are bank foreclosures (REO'S) avoiding FHA buyers altogether?" »