Home Buyer Tax Credit Deadline Looms - It's Already Close for Short Sales The Home Buyer Tax Credit that went into place at the end of last year will expire on April 30 in its present form. Homes and condos must be under contract by that date and … [Read more...]
Home Buyer Tax Credit Deadline Looms for Daytona Beach Home Buyers
FHA Loans for Short Sales – Does The New Policy Affect You?
HUD Tightens Rules on FHA Short Sale Loans A homeowner short sales their home because the home value is less than the mortgage owed. Then, they spot a great deal on a short sale home in the same neighborhood. Now if they can get FHA financing with … [Read more...]
Government to Provide Incentives for Short Sales
US Government To Provide Short Sales Incentives I have completed a lot of short sales of Daytona Beach homes and condos over the past two years. I expect more sellers will be taking advantage of short sales with the latest government plan to provide … [Read more...]
More Perspective on Short Sales
What You Must Know If You Are Planning to Buy A Home Now 55% of Florida home sales in September were REO (real estate owned) and short sales according to Lender Processing Services (LPS). As a home buyer, the Daytona Beach condos and homes you will … [Read more...]
Does a Short Sale Hurt My Credit?
How a Short Sale Affects Your Credit I've been asked several times by Daytona Beach homes sellers about how a short sale will affect their credit scores. Each situation is different, but there are a few common points that you need to know. Late … [Read more...]