Pennsylvania Real Estate Update

WOW! We are back in the low 5% range for mortgages!  What a country!  And if you are a first time buyer you will be able to suck up the $7500 Federal tax incentive and you only have to pay back $500 a year! Our one lender just told us that they are now abel to look at lower than 600 FICO scores for FHA financing for people who may have ...

To learn how you can buy a home in the current market or get in position to buy for the Spring.  You recently visited one of our websites and inquired about buying real estate.  We would like you to invite you to a FREE no obligation, private discussion to determine the best plan of action for you in the current market. You’ll ...

NAR recommends Congress pass new housing stimulus legislation that includes the following priorities: 1. Remove the requirement in the current law that first-time home buyers repay the $7,500 tax credit, and expand the tax credit to apply not only to first-time buyers but also to all buyers of a primary residence. 2. Revise the FHA, Fannie Mae ...

NAR recommends Congress pass new housing stimulus legislation that includes the following priorities: 1. Remove the requirement in the current law that first-time home buyers repay the $7,500 tax credit, and expand the tax credit to apply not only to first-time buyers but also to all buyers of a primary residence. 2. Revise the FHA, Fannie Mae ...

WOW! Everyone seems to have problems on their credit report...mistakes, and other items that are just penalizing them and stopping them from buying a home! We now have a solid way that works to get your credit report cleaned up and you on your way to getting the home or property you have always wanted. Watch this short video to get more ...

FHA financing  changes go into effect the last day of September!  The downpayment requirement will go from 3% to 3.5%. AND the charity programs such as Nehemiah that let buyers get in with "100%" financing will be done also. SO if you are looking to buy, do it now and make SURE you will be able to settle BEFORE the end of ...

Many of us anymore have credit that is not quite good enough now to get a mortgage, or at least not good enough to get the very best rate.  Divorce, illnees, job loss, kids moving back in, bad luck and other life events may have marked up your credit and that can cost you literally thousands if not a million dollars in higher payments for ...

Well, I heard on the news that 8 million people will get their rebates on Monday, Tuesday, Wednesday, None on Thursday and the rest on Friday! Please think about how you will spend yours carefully. You may be able to buy a house with that money!  We have a lender that has a special program for several counties in Pennsylvania where you only ...

Good question, prospective home buyer! And the answer depends on so many things, but really focuses on:Credit ScoreDown PaymentCredit Scores, your "mid" score needs to be 620 or better. What is a "mid" score? Well there are three main Credit Information Repositories--Trans Union, Equifax, and Experian. So that means that 2 out ...

Of course you are!  Who isn't looking for a bargain on a house or invesment property! Right now the rates are low, the banks have tightened who they will lend this low rate money to...YOU may be surpriesed it could be you! That's right, your credit situation may not be as bleak as what you have thought!  Scores are rising, ...