Real Estate News

April 30, 2015

Fannie Mae has a new program

Fannie Mae has a 3% Closing Cost Aid Program

Fannie Mae's "Homepath Ready Buyer Program" is something new to aid first time home buyers. This program is aimed at potential homebuyers that haven't owned a home within the last three years.

For potential homebuyers, this program may qualify ...

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Posted in Real Estate News
March 26, 2015

Bidding Wars are Back

Home Bidding Wars Are Back

News recently has shown that the number of home sales that included a bidding war is moving upward. According to The National Association of Realtors, thirty three percent of all sales were at list price or above list price. This could, and probably does indicate ...

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Posted in Real Estate News
March 22, 2015

Buying a Home with a Sibling

Buying a Home with a Sibling - written pact helpful

Written pacts are very important when purchasing property with a family member, even a brother or sister. To start with how title is decided will determine what will happen to ownership of the property in case one of the parties dies ...

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Posted in Real Estate News
Jan. 29, 2015

Shrinking Home Inventory

Home Inventory Shrinking?

Home Prices may re-accelerate upwards

According to Lawrence Yun - NAR's (National Association of Realtors) chief economists - the total inventory of US homes for sale in December 2014 had dropped for the first time in 16 months. While the drop was not much at less than 1 ...

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Posted in Real Estate News
Jan. 21, 2015

Single Family Duplex?

Single Family Home built for two Families

Mark Steinberg from New York created a single family home built for two families with the help of Ray Masciana - general partner with M&S the developer of the property. The home does not look like a duplex - it looks like a regular one ...

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Posted in Real Estate News
Dec. 11, 2014

Fort Myers Real Estate News

The FHA announced that a temporary waiver that's been in place since the recent recession is about to expire. The rule prohibiting flipping properties purchased with FHA financing for 90 days was on a temporary hold because of the recession. This rule is to expire at the end of ...

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Posted in Real Estate News