7 Steps to Buying Your First Home
The home buying process can overwhelming for the first time home buyer. By following these 7 steps to buying your first home, your home buying experience will be a bit easier and definitely less overwhelming. Hire A Realtor – If you’re new to the area or just unfamiliar with the communities, this will save you [...]
Worse tax bite: short sale or foreclosure?
REThink Real Estate By Tara-Nicholle Nelson Inman News™ March 03, 2011 Q: Is there a difference on how you are 1099′d on a short sale vs. foreclosure for California residents? Is a foreclosure more “forgiving”? –Barb A: Before we delve into a serious subject, I want to share something funny (and tangentially relevant) that happened [...]
Website Resources for Foreclosure Help
Article From HouseLogic.com Published: July 27, 2010 Here are some legitimate resources to help you fight the foreclosure crisis. You’ve been warned about foreclosure scams. But sometimes it’s really hard to tell if something is a scam or not. Some less-than-reliable outfits have even taken to including “hud” or “gov” in their URLs to fool [...]
Which Loan Is Right For You? Part Three… FHA Loans
The last option that I want to discuss is the FHA loan. This loan through the Federal Housing Administration has come a long way. This loan used to be very difficult to obtain with lots of paperwork and very strict repair standards. This is no longer the case. Now FHA loans can easily compete with [...]
Which Loan Is Right For You? Part Two… VA Loans
Part two of our series, “Which loan is right for you”, covers the VA loan set up through the Veteran’s Administration. If you’re a veteran with active duty service, who was not dishonorably discharged, you may want to consider a VA loan. Through the Veteran’s Administration you can borrow 100% of the loan amount. The [...]
Which Loan Is Right For You? Part One… USDA – Rural Housing
This is the first of a three part post on different loan options that are available. The first loan is one that very few real estate agents even know about but that is becoming increasingly more popular. Through the USDA (yeah, that’s right the guys that put the stamp on meats) there is a program [...]