Thursday, January 21, 2010

Will the new FHA guidelines effect you?

The Federal Housing Administration (FHA) has changed the guidelines for borrowers with less than stellar credit. People who are buying or refinancing are needing larger downpayments and are paying higher mortgage insurance premiums if they have a FICO score below 580. Watch this report from CNBC for more info.

Tuesday, January 19, 2010

Don't be the reason that your house won't sell.

The biggest problem that most sellers are facing is that their home is not worth what they think it is. We are in a declined market and it is a harsh reality that many people can't accept. There are currently a lot of buyers in the marketplace taking their time and seeing many homes before they make an offer. The units that sell are the units that are priced correctly. It doesn't take an experience real estate investor or appraiser to figure out if a home is priced competitively. If you are currently selling or considering listing your home in the next few months than you should read this article.

Wednesday, January 13, 2010

Improve your home's sell-ability

In todays market buyers are more educated and selective than ever before. If you are considering to sell your home in this marketplace you need to think like a buyer. Here are 7 ways to help you get the offer that you are looking for.