Posts Tagged ‘credit’

Does it sound like it is too good to be true?

| Jeffrey Tung

Beware!! There are predators out there and they will take advantage of people in time of need. It is unfortunate, but be aware. When looking for help, just be careful when you make a commitment.  There are scams out there.
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Advance-Fee Loan Scams  brighthub.com)
15 Scams and Ripoffs Executed Through TV Ads  rawjustice.com)
Scammers Are Out There ...       [Read More]

Beware!! There are predators out there and they will take advantage of people in time of need. It is unfortunate, but be aware. When looking for help, just be careful when you make a commitment.  There are scams out there.
Related articles by Zemanta

Advance-Fee Loan Scams  brighthub.com)
15 Scams and Ripoffs Executed Through TV Ads  rawjustice.com)
Scammers Are Out There and They Want Your Money  consumereducation.suite101.com)
If it sounds too good to be true, it probably is  realself.com)

Did you know FHA loans are assumable?

| Jeffrey Tung

FHA loans have been around for a long time, however, it is more popular these days then ever before. Borrowers can qualify for a loan with as little as 3.5% of the sales price.  Here are some things to know about these types of  loans. With the way the economy is today, these programs can help ...       [Read More]

FHA loans have been around for a long time, however, it is more popular these days then ever before. Borrowers can qualify for a loan with as little as 3.5% of the sales price.  Here are some things to know about these types of  loans. With the way the economy is today, these programs can help you.
Related articles by Zemanta

The Seven Things All Borrowers Should Know About FHA Loans prweb.com)
Partners Eligible for FHA Financing pinkbananaworld.com)
Mortgages: Changes in Mobile-Home Lending nytimes.com)
Requirements Mortgage Loan themortgagepot.com)
FHA Streamline Refinance Guidelines 2010 fhaloanadvice.com)
Average Homeowner In Obama Foreclosure Program Deeply Underwater, Drawing Calls From GOP To Cut Off Help huffingtonpost.com)

Tax credit has been extended

| Jeffrey Tung

Great news!! Congress has finally approved a extension for those of you who have been in escrow since April 30th.       [Read More]

Great news!! Congress has finally approved a extension for those of you who have been in escrow since April 30th.

Things to consider when buying a home

| Jeffrey Tung

You’re renting now and your lease is about to expire, do you want to stay for another year or do you think you might want to take advantage of the best buying opportunity since 1968? Well before you make a decision to purchase, there are a few things to consider before you start shopping. Once ...       [Read More]

You’re renting now and your lease is about to expire, do you want to stay for another year or do you think you might want to take advantage of the best buying opportunity since 1968? Well before you make a decision to purchase, there are a few things to consider before you start shopping. Once you understand what’s involved, you will feel better about making a decision to pursue the “Great American Dream of Home-ownership”.
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Why Homes Are Now The Cheapest Since 1968 businessinsider.com)
Top 10 Cities to Buy vs Rent  mint.com)
Should I Rent or Buy?  rentersinsurance.org)

10 reasons to buy now

| Jeffrey Tung

Even though the federal  tax credit may not make a come back, there are lots of reasons why it is still a great time to purchase a property. 
One of the most important factor that affects most buyers is interest rates.  As the rate gets higher, the amount of money a person can qualify for would be less. ...       [Read More]

Even though the federal  tax credit may not make a come back, there are lots of reasons why it is still a great time to purchase a property. 
One of the most important factor that affects most buyers is interest rates.  As the rate gets higher, the amount of money a person can qualify for would be less. Interest rates have been really low historically speaking and with the problems we are facing today, the rates will go back up.  I don’t think interest rates will ever be lower then what they are today.  30 years ago, I thought I would never see rates as low as they are today.  We could see rates as high as 18%, just like it was in 1981, or even more.
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10 things to know if you’re buying a home now  boston.com)
What Happens After the Tax Credit is gone?  movephilly.blogspot.com)
Friday Rant: Tax Credit Stimulus for House Buying — And the Point Was?  spendmatters.com)
Does the Housing Market Need a Pep Rally?  blogs.wsj.com)
Interest rates fall on surprise drop in home sales  seattletimes.nwsource.com)
Summary Box: Drop in homes sales boosts Treasurys  sfgate.com)
Summary Box: Treasurys gain as Fed holds rates low  sfgate.com)
Interest Rates Fall on Surprise Drop in Home Sales  abcnews.go.com)