The Obama administration announced earlier this month that it had achieved its goal of helping 500,000 troubled homeowners with trial loan modifications under its Making Home Affordable Program, part of a nationwide effort to stem foreclosures.The report came as a number of senior House representatives announced that they were backing the $8,000 tax credit for first-time home buyers, strengthening claims that federal support is still essential to...more
Buying a home is huge step and a crucial decision to make for a couple. However, everything will be all right if you are on the right track. Listed below are some of the few simple tips to follow to save on your first home.A five percent savings on your deposit account will help a lot with your first application and will reduce your interest amount as long you get your deposit in tack.Knowing if one is eligible for the First Home Owner Grant or...more
If you are considering the option of investing in a property, buying a foreclosed homes and especially through Las Vegas foreclosures would be a very wise decision. With their low asking prices which are at least 10-30% of their real market worth, foreclosed homes have become an increasingly preferred choice for home buyers on the lookout for good quality budget priced homes.Home buyers can avail several benefits by investing in foreclosed homes in Las Vegas, some of which have been discussed in the following section:1.Affordable and comfortable housing options One of the best attractions of investing in a foreclosed home in this vibrant city is the availability of a wide range of housing options including single family units, condos, penthouses and big residential areas in some of the best localities at highly affordable prices. 2.Incentives for commercial activities The city has been actively promoting various business developments by offering reimbursement for up gradation of commercial properties and various tax incentives which makes buying a commercial foreclosure in the city a very viable option.3.Housing assistance programs for senior citizens Rated as one of the safest...more
The recent influx of a large number of foreclosed homes in the real estate market has presented home buyers and investors with the unique opportunity of purchasing a house at highly reduced rates and now with Miami foreclosures offering a wide range of properties in some of the most sought after residential areas in the country there has never been...more
While looking for suitable properties, home buyers can find some value deals through Houston foreclosures which offer a wide range of housing options at highly affordable prices that are much lower than their real worth. So if you are interested in investing in a real estate property, looking up Houston foreclosures can be a very wise option for...more
If you are considering investing in a budget priced home, you can find a suitable deal in a prime location through a wide range of housing options available under Charlotte foreclosures. Purchasing a home through Charlotte foreclosures has several unique benefits some of which have been discussed below:Bargain housing deals The best part of investing in a foreclosed home available in Charlotte is that these properties are available at prices much lower than their real worth and are located in some of the best residential areas in the city having a steady appreciating value. Down payment assistance for home buyers The government has launched down payment assistance schemes for buyers interested in purchasing a property through Charlotte foreclosures which makes the venture very attractive and cost effective.Healthy residential choice The city has been rated as having some of the healthiest populations in the country due to the low pollution, high tree cover and wide range of outdoor recreational facilities making the place an ideal residential choice.Having a loan approval in place before finalizing a property through Charlotte foreclosures can be very helpful in getting a...more
Investing in condo foreclosures can be a very cost effective way of owning a comfortable house. Condominiums are composed of a group of residential buildings in which the facilities are commonly shared such as pools, play ground and park while the...more
Foreclosure process is a procedure which starts when a home owner is unable to pay the loan amount unpaid to the lender or is unable to pay taxes outstanding to the government departments. In both cases the Lender or Government issues a Lis pendens...more
Just recently the U.S. House of Representatives decided to pass a new bill that will grant an extension and expansion of the Federal Tax Credit for First-time Home Buyers. This extended tax credit will be good through April 30th, 2010 that now also...more
Do you want to avoid the daily hassle of managing your office environment? If you answered affirmative then you need to have a serviced office. Serviced Offices, also known as ready-to-use offices provide total business solutions and offer maximum...more
While you may want to pick a simple company name that says what you want to do, like 'MLM Home Buyers', this name may not work well in all environments. For example, banks are not always fans of real estate investors or investing companies. At first...more
Well, maybe not quite that easy. Because your loan officer is going to look at you just as hard the second time around as he/she did the first. There are no free passes when it comes to getting credit, so you better be prepared to look good. Heres...more