Welcome Back Readers! I put up a post the yesterday about how FHA has recently changed their policies to allow loan modifications for qualifying borrowers before they miss a payment . This is a great policy and I sincerely hope it will help more people stay in their homes. The problem though is that in many cases it won’t. Loan modifications nationwide are failing to help avoid foreclosures. Why is that? What does it have to do with Tribbles again? Read on after the jump to find out!
Welcome Back Readers! This is the first in our new Remodeling Lancaster Columns by Guest Columnist Mike Blank with MBC Building and Remodeling, LLC !
If you live in Central PA and you have ever wondered who you could trust to provide quality remodeling and handyman repair services, look no farther than Mike Blank. From Decks to Kitchens, Additions to Painting, repairs needed to sell a home, if it needs done at your house Mike can either make it happen or find you someone who can. Call Mike at 717-371-5136 for the best service for your contracting needs.
This week Mike brings you tips on how you can claim Tax Credits for making repairs and improvements to your home. Read on after the jump to find out more!
Welcome Back Readers! It was a busy week last week in the real estate world, the Lancaster County PA Real Estate Market is moving quickly. I apologize for the shortage of posts recently due to this but you can expect a little more consistency in the coming weeks. I wanted to start of this week with a nice change announced by HUD last Friday.
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, and there 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 down programs 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 see excerpts from a release by NAR:
Welcome Back Again! I’m glad you’re here for the last in our Chimney and Fireplace series from Matt Steger with WIN Home Inspection! Before we begin, let me wish you a Happy New Year!
Don’t worry, just like last week I am not actually writing your latest tips from Matt on the holiday, the miracles of technology allow me to keep you informed and still enjoy the New Year Celebrations here in Lancaster County PA! Read on after the jump for the final tips on fireplace and chimney inspections/maintenance!
Welcome Back Readers! It’s Friday again, not just any Friday but Christmas Day! Don’t worry, I’m not actually writing this today, through the magic of technology I wrote your Lancaster Inspector’s Corner tip on Monday and set it to post today, so even though we are celebrating Christmas you still have a chance for Matt Steger with WIN Home Inspection to teach you something that will help you keep your home warm and safe through the holiday season! Keep reading after the jump to find out more and have a Merry Christmas!
Waiting. Sometimes a wise strategy, sometimes a foolish one. When it comes to home buying, waiting will surely cost you. There are a number of reasons why, but before I go into that, let’s get one thing clear…. if you aren’t in a positions to buy, if you truly can’t afford it, don’t do it. But if you are unsure, if you are “thinking about it”, if you are planning to “start looking” in a few months, you need to hop off the fence and start now. Waiting is a mistake. Here’s why:
… and he plans to use it to take out the US Housing Market!
I know, very dramatic. Maybe even a little uncalled for. On the other hand, there is really no other way to describe how potentially dangerous the policy changes that HUD Secretary Donovan is proposing this week. What are those changes?
I know, I know, not the most inspiring title but seriously, when we look at market statistics in today’s ecnomy not that bad is pretty darn good! Read on to find out more!
