May 26 2010
Effective May 21, 2010 – Housing and Urban Development (HUD) has issued a one year temporary waiver of the “flipping rule” permitting FHA financing of a resale within 0-90 days of the seller’s acquisition of the property.
Apr 07 2010
On April 12, 2010 at 10:00am on BlogTalkRadio on The Credit and Finance Show Credit Expert Victoria Finch and Finance Coach Jeff Dalverny will be joined by special guest Chuck Bricker of Bank of America.Chuck has been in the banking industry for over a decade and will provide insights into home ownership, lending changes, and information for those facing possible foreclosure. For more information click here.
Jun 10 2009
I was talking to a realtor friend today who lives in Atlanta. We were reminiscing about the days when real estate was a stable, viable commodity. You could have never told us five years ago that the housing market would be in the mess it is in today. But as always, one’s loss is another’s gain.
I just received an email today notifying me that foreclosed homes offered by the Housing and Urban Development Department (HUD) are selling for $100.00 down. This is bittersweet because it is a great deal for someone. But, on the flip side, some family has lost their home.
The wonderful thing about America is that we can always rebuild. If you have lost your home, be encouraged because there is help available. If you have managed to survive “ the credit crunch”, and can buy a home in this economy, it is important that you work with a professional that specializes in foreclosed homes.
For more information contact the author at 317- 410-4110 or vfinch@intcredit.info.
