New FHA Rules Could Improve Financing on Dallas Condos

New FHA Rules Could Improve Financing on Dallas Condos

June 18, 2011 by Kenneth Cox · Leave a Comment 

FHA Financing on Condos in Dallas President of the National Association of Realtors, Ron Phipps, is fighting for equal support on FHA condo financing.  Many home buyers around the U.S. are experiencing a great degree of difficulty obtaining FHA financing on condos, townhomes, and lofts.  Most will agree it is much easier to get financing [...]

Dallas Fort Worth Home Bank Foreclosure Auction 2011

Dallas Fort Worth Home Bank Foreclosure Auction 2011

January 4, 2011 by Kenneth Cox · Leave a Comment 

Dallas Fort Worth Home Bank Foreclosure Auction 2011 The first 2011 Dallas, Texas home bank foreclosure auction is right around the corner.  If you are looking to buy a foreclosed home in Dallas, make sure you attend the January 24th auction.  The bank foreclosure auction in Dallas will include homes, townhomes, condos and high rise [...]

Dallas Real Estate Market Receives $2.25 Million in HUD Awards

Dallas Real Estate Market Receives $2.25 Million in HUD Awards

December 30, 2010 by Kenneth Cox · Leave a Comment 

Dallas Real Estate Market | Dallas HUD Home Foreclosures The City of Dallas recenlty received $2,250,000 out of $68,000,000 to create sustainable and livable communties that connect housing, employment, and economic development with transportation and other infrastructure developments.  The $2.25 million grant will be used to fund urban real estate projects in Dallas.  The City of Dallas [...]

New Closing Cost Assistance & Appliance Incentives on Fannie Mae Foreclosure Homes in Dallas

New Closing Cost Assistance & Appliance Incentives on Fannie Mae Foreclosure Homes in Dallas

March 31, 2010 by Kenneth Cox · Leave a Comment 

Homepath Fannie Mae Financing Fannie Mae Homepath Home Bank Foreclosure Incentives & Assistance in Dallas Take advantage of the new closing cost assistance and appliance incentive program for home buyers in Dallas offered by Homepath financing on select Fannie Mae owned homes.  Homepath is offering a 3.5% incentive for buyers that close on a Fannie Mae home between January [...]

HUD Takes Steps to Speed Up Housing Market Recovery

HUD Takes Steps to Speed Up Housing Market Recovery

January 20, 2010 by Kenneth Cox · Leave a Comment 

HUD FHA H0me Loans | HUD Recovery Act Grants The Housing of Urban Development recently annouced plans to extend access to FHA mortgage insurance  and grant $2 billion in Reovery Act funding to assist in stabilizing and rebuilding neighborhoods and local economies.  HUD is hoping these actions will bring our Nation’s economy one step closer to recovery and sustainability.  HUD passed $50 billion [...]

Dallas Real Estate Home Foreclosures Allowing Buyers to Cash In

Dallas Real Estate Home Foreclosures Allowing Buyers to Cash In

December 18, 2009 by Kenneth Cox · Leave a Comment 

Dallas Real Estate Home Foreclosures | FHA, VA, REO, Short Sale Foreclosures Although the Dallas home foreclosure rate is lower than the National foreclosure rate, which was around 3.2% in October, Dallas is still reporting a high number of home foreclosures especially in the high end market on million dollar plus homes.  This year million [...]

Dallas FHA Condo Guideline Changes Creating Controversy

Dallas FHA Condo Guideline Changes Creating Controversy

November 19, 2009 by Kenneth Cox · Leave a Comment 

FHA condo approvals might deter housing recovery and present additional roadblocks for first time and repeat buyers looking to purchase.  FHA recently proposed new guidelines that will elimate spot approvals and completely change the FHA condo approval system for lenders in Dallas.  Many feel these new requirements will deter potential buyers from purchasing and contribute [...]

Dallas Condo Market – Conventional, FHA, VA Loan Approvals

Dallas Condo Market – Conventional, FHA, VA Loan Approvals

October 30, 2009 by Kenneth Cox · Leave a Comment 

Dallas Condo Market The Dallas condo market like many other urban areas is experiencing problems with high inventory and lending issues.  Now is a great time to buy a condo in Dallas if you can find the right property, at the right price, with the right mortgage.  With historically low interest rates and an abudance of [...]

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