by kramoltz@hotmail.com | Sep 23, 2015 | Home Buying, Mortgages + Lending
The Consumer Financial Protection Bureau has changed the lending process starting October 3. The Good Faith Estimate and the HUD-1 settlement statement are being replaced with a Loan Estimate and Closing Disclosure forms. New procedures have been created around those...
by kramoltz@hotmail.com | Jun 5, 2015 | Home Buying, Mortgages + Lending
Fannie Mae announced the HomePath Ready Buyer Program, that allows first-time home buyers of its properties to receive up to 3% of the purchase price in closing cost assistance. On a $150,000 priced home, buyers could receive up to $4,500 in closing cost savings....
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales, Home Buying
The government wants you to buy real estate. As a result, two programs are available to significantly reduce your acquisition costs. So in addition to the low prices, there 2 additional reasons to buy in the Phoenix area right now! But these opportunities expire soon,...