According to Inman News today, HR 6694, a bill in Congress right now that would craft a compromise to allow down payment assistance programs to continue, seems to be gaining momentum. It looks like they are considering FICO score guidelines in the compromise; the bill was presented after Congress passed HR 3221 on July 30, [...]
Continue reading about Nehemiah and Ameridream Down Payment Assistance.. a reprieve?
As an aside, I went on a listing presentation this past week. The townhome that these folks want to sell is absolutely, positively, pristine. From top to bottom. As I walked through the home with them, before we even got upstairs, I told them, “I could comfortably put a lockbox on your front door, and [...]
Continue reading about A Little Bit Here, a Little Bit There
[youtube=http://www.youtube.com/watch?v=g2CLQABK-S8] Seller funded down payment assistance programs are set to be eliminated by this fall, unless Congress approves the FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 (H.R. 6694). The Department of Housing and Urban Development apparently would rather eliminate these programs entirely than regulate them. The video above is from Ameridream, and [...]
Continue reading about Ameridream and Nehemiah Programs May Be Eliminated
Loudoun County residents can now use www.CrimeReports.com to keep track of police reports in the county. The county Sheriff’s office uploads data every night now to the map based system. You can sign up for email alerts for free; and the system shows all calls to the Sheriff’s office regardless of whether they turn into [...]
Continue reading about Loudoun County Info Now on CrimeReports.com
Okay, given the high number of ‘bank involved’ listings in Loudoun County right now, I thought I should clarify what many of you are hearing about in the media, or maybe even noticing in the comments section of listings of homes for sale. There are different types of ‘bank involved’ situations with homes for sale [...]
Continue reading about Short sales, foreclosures, bank owned…what is the difference?
