Tagged : federal tax credit

Finding, buying and profiting from foreclosures and short sales: They are out there - these so-called "distressed" properties, so what's the best way to take advantage of the potential opportunity? There has been some research done that clearly shows that foreclosed, or bank-owned properties sell at a discount to the market, over and above the physical damage often seen in these homes. We wrote an article on how home sellers can effectively compete with these distressed properties (review usi... Read Full Post

Thirty year fixed rates dipped last week below 5% with 0 points for just a few hours, but toward the end of the week they started to climb again in the wake of released unemployment reports showing the unemployment rate stabilizing. For the moment a well qualified purchaser can still obtain a 30 year fixed money loan at 5% for 0 points. FHA and VA loans are still about the same as their Fannie Mae and Freddie Mac counterparts, but it will be important to watch the 10 year treasury index (TNX)... Read Full Post