Philly and Bucks Blog
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Time ticking away on $8000 First-time Homebuyer Tax Credit
Today is July 23. If you want to buy a home and still qualify for the $8000 First-time Buyer Tax Credit start looking today. Not next week, not next month. Today. Why? One reason is lenders need an additional 15 to 30 days to close loans since lending rules have changed. Here’s the gist:It may take you [...]
Mortgage Rates going up (just like gas prices) << PhillyandBucksBlog.com
Just wanted to get out a quick note to everyone. With rates going up and up you may want to ask your clients to check back in with me to re-run their prequal. If the clients were on the border line with their prequal it may knock them out now with the rates the way they [...]
Use $8000 Tax Credit for Settlement in PA
Exciting $8000 First-time buyer tax credit news! With only 6 months left to qualify for the $8000 First-time Homebuyers Tax Credit in the American Recovery and Reinvestment Act, the Pennsylvania Housing Finance Agency (PFHA) is making that money available for settlement now. Participating lenders can give first-time buyers who qualify up to $8000 in a “bridge loan” called TAC (Tax Credit Advance Loan) [...]
Free Movies for Kids starting June 2009 in Langhorne
Regal Theaters provides this service and best of all it?s FREE! 10AM each Tuesday and Wednesday Tickets are exclusively available on the day of the show. First-come, first-served seating is limited to theatre capacity. Oxford Valley Stadium 14 403 Middletown Blvd Langhorne ,PA 19047 215-750-3381 Search homes for sale in Langhorne
Philadelphia Housing Market excluded from Forbes? Best Bargains << PhillyandBucksBlog.com
Here’s a list Philadelphia is happy to be left off of: Cities Where Home Prices Could Fall More To figure out which housing markets still haven?t hit bottom, Forbes calculated the spending power, unemployment, credit availability and housing stock over the last 27 years in the country?s 50 largest metropolitan statistical areas. The projections determined how much each [...]
Realtors: Feds say worst is over << PhillyandBucksBlog.com
Fed Officials: The Worst is Over The worst of the economic crisis is over, according to U.S. officials speaking at a financial conference Friday at Vanderbilt University. Frank Nothaft, the chief economist for Freddie Mac, said housing sales have just about hit bottom and a third of home sales are now foreclosed properties. Dennis Lockhart, president of the [...]
Credit Scores Have Never Been More Important for Mortgages << PhillyandBucksBlog.com
Just a friendly reminder that starting Monday 4/6/09 min score for FHA now is 600. Also if someone does not have a credit scores there are no longer programs for them. I can help you raise your credit score. If you call me I will run your credit and tell you exactly what you need to [...]
Buy a Duplex. Experts Say Rental Properties Lead Recovery << PhillyandBucksBlog.com
Housing experts predict that multi-family rental properties and apartments will recover fastest from the current downturn, followed by housing in cities that didn?t overbuild. The market is likely to hit bottom in the next few months, says Bernard Markstein, senior economist and director of forecasting for the National Association of Home Builders. “Next year will see slow [...]
Smart Girls Own Real Estate Workshop April 9th << SmartGirlsOwn.net
Attendees will learn the ins and outs of home financing and first-time homebuyer grants, plus the advantages and pitfalls of owning their own home. In addition, you will receive a FREE CREDIT REPORT and will have the opportunity to learn how to boost your credit score. Guest speakers will include Sherri Pace from the Bucks County Housing Group, [...]
Mortgage Rates Dropped to 38-year Low last week - What?s next?
Mortgage Rates Dropped to 38-year Low The average interest on a 30-year mortgage fell to a 38-year low of 4.85 percent during the week ending March 27 from 4.98 percent the prior week, Freddie Mac reported. The decrease came on the heels of the Federal Reserve’s announcement that it plans to purchase another $750 billion in [...]
