This week, Matt tells us what SEER means and more importantly, how paying attention to the SEER numbers can save you lots of money on your utility bills, as well as what types are available to you.Read on after the jump for more details, see you on the other side!
This week, I wanted to talk to you about snow and ice. Not just any snow, but huge amounts of snow and icewe had that according to NAR is bringing the national housing market to a halt. Or is it?
Watch the video after the jumpto see what I am talking about and why the thought that snow is stopping home sales anywhere in the nation is just WRONG! Oh, and that italian ice there in the picture? You’ll see why that’s there in the video too.
I wanted to let you know about a program announced today by Fannie Mae. Fannie Mae has a little problem, namely 50,000 homes they now own through the foreclosure process and they are looking to move them. You can see a list of what’s there at www.homepath.com (there are 19 Fannie Mae Foreclosuresin Lancaster County Pa as of today).
That’s not the announcement though, the announcement is that Fannie Mae is now offering 3.5 % of the home’s purchase price as an incentive to buyers! Read on after the jump to find out more!
Until HUD made this change to the rules for FHA loans, in order to qualify for a loan modification, struggling homeowners had to actually MISS payments. So, if you knew you were going to be in torouble, you had to let it happen before you were eligible for loss mitigation. Check out the release from HUD on the details of the program.
The complete press release from HUD is after the jump
Welcome Back Readers!
I apologize in advance for the negative tone of this post, but it is information that people who plan on buying this year need to have. Let me start with this: There are many solutions available to FHA’s problems, andthere are other programs that allow cash poor buyers to still purchase homes. It is not the end of the world, FHA is still a fine program, but I have an issue with their changes not offering a solution to their problem.
Call me if you want to find out how low money downprograms can still benefit you, in the meantime please be aware of the following info.
FHA has announced policy changes today that will potentially have a negative impact on the housing market. Read on after the jump to seeexcerpts from areleaseby NAR:
Don’t forget that Matt is THEexpert I recommend to all of my clients for their inspection needs, call him at 717-361-9467 so he can help you with yours!