Home financing may be getting easier for homebuyers. One of the mortgage companies here in the Tampa Bay area that I’ve been working with is Caliber Home Loans. They are a portfolio lender that adheres to all standard loan program guidelines but also has portfolio...
What is hard money and how do you find a lender? Hard money is an equity based real estate loan that should only be used short term or when you or the property cannot qualify for Conventional, Jumbo, VA or FHA financing. For instance, if the homeowner has filed...
Friday the St. Petersburg Times stated that Governor Christ signed a bill to allow for the First Time Homebuyer Credit to be used as down payment and I am getting numerous emails regarding the details so I wanted to take a moment and update everyone. FHA announced...
GOP Plan Aims to Expand Home Buyer Tax Credits By Renae Merle Washington Post Staff Writer Wednesday, March 25, 2009; House Republican leaders plan to unveil a housing package today that would increase the tax credits available for home buyers and would direct law...
Should you buy now? Discounts look favorable in Tampa Housing Market-2009 Here’s a column from today’s St. Petersburg Times: It’s actually the most cut and dry, easy to understand article that I’ve seen. It explains all the ways you can use...
GREAT NEWS!!!! We are now able to use last year’s maximum loan limits on FHA which in Hillsborough, Pasco & Pinellas is $292,500 (much better than the &$271,050 we were rolled back to). Don’t forget about the 8,000 tax credit for home buyers. This is...
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