6 must-do’s for homebuyers (Bankrate.com)

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1/26/2011 The days when you couldn’t go wrong in real estate are long gone, but that doesn’t mean homeownership is a mistake. Here’s how to get it right. You might be ready to buy a home, but are you armed with the knowledge you need? Do you know about credit score requirements? Are you familiar… Read More

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Buying a house..not a huge out of pocket expense with FHA

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Looking back on recent lending history we are reminded of irresponsible lending and buyers getting in over there head. Now many banks are requiring high credit scores and more money down. Have no fear, a program that has been around for years can still put homebuyers in houses for next to nothing. Mortgages insured by… Read More

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FHA concessions of 6% to disapear soon. (Seattle Times)

Days numbered on 6% FHA concessions By Kenneth R. Harney Syndicated columnist WASHINGTON One of the key attractions of FHA home-mortgage financing is going, going, but not quite gone. Sellers and buyers who move fast can still make the most of it. Sometime this summer, the Federal Housing Administration plans to slash maximum “seller concessions”… Read More

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Condo construction rules could challenge buyers (Seattle Times)

Condo construction rules could shut out buyers, hit builders The Federal Housing Administration has started limiting the number of buyers in condo buildings that can get loans insured by the agency. The rules also put restrictions on buildings with poor finances, too many delinquent owners and a high number of rentals. By ALAN ZIBEL and… Read More

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