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 [...]
Fannie Mae HomePath Mortgage Contributes 3.5% Closing Cost Incentive on Homes in Dallas
May 2, 2011 by Kenneth Cox · Leave a Comment
Homepath Incentive on Dallas Fannie Mae Bank Foreclosures Fannie Mae HomePath Bank Home Foreclosure Incentives In an effort to move Fannie Mae bank foreclosure inventory and increase home sales, Fannie Mae is currently offering home buyers up to 3.5% in closing cost assistance through June 30, 2011. HomePath is a Fannie Mae mortgage home buyer program that allows [...]
Texas Buyer Programs Available on Homes For Sale in Dallas
June 24, 2010 by Kenneth Cox · Leave a Comment
Texas Buyer Programs on Homes For Sale in Dallas If you are thinking of buying a home for sale in Dallas, be sure and check out the Texas Home Programs website and see if you qualify for any special home buyer programs. Many home buyers are unaware of special incentives and programs that are available [...]
Dallas Real Estate Home Sales Increase Due to Buyer Programs & Tax Credits
April 23, 2010 by Kenneth Cox · Leave a Comment
Dallas Real Estate Home Sales Increase Due to Buyer Programs & Tax Credits Are we finally seeing a comeback in Dallas real estate home sales? Statistics are pointing toward a recovery in the Many attribute the increase in homes sales to the first time and repeat home buyer tax credit that is due to expire on June, 30 2010. [...]
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 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 [...]
McKinney Real Estate Housing Rehabilitation Programs
November 19, 2009 by Kenneth Cox · Leave a Comment
Since the Economic Recovery Act, many towns and cities have been awarded funds by the Community Development Block Grant Program (CDBG) to preserve existing affordable housing and to assist low-moderate income homeowners in bringing their single family home dwellings up to stardard. The CDBG program was initiated to revitalize neighborhoods and improve community development. McKinney [...]
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 [...]
