A coalition of real estate professionals, including home builders, lenders and Realtors, said it would pressure state lawmakers to find a way to advance a new $8,000 tax credit to new home buyers so they can use it to make down payments. The $8,000 federal tax credit was part of a recently enacted stimulus law and is good for homes purchased between Jan. 1 and Nov. 30 of this year for buyers who …
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Cody is a good market for first-time home buyers who can find low interest, low down payments and available, affordable local houses to purchase, real estate agents say.
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Once shunned by many as too risky, reverse mortgages have made a comeback as some cash-strapped seniors tap their home equity to replace savings battered by Wall Street’s meltdown.
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Despite a tattered economy and grim real estate market, every month more than 5,000 people buy a house in the Bay Area. Are they fools to invest in homes that could plunge in value, or are they fortunate folks taking advantage of bargains? “You hear all this…
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Residential real estate appraisers already struggling to find competitive sales to determine fair market values will soon be required to attest to market conditions and abide by a new code of conduct meant to weed out any hint of collusion between lenders and appraisers.
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The Canada Mortgage and Housing Corporation has launched a campaign to help recession-hit Canadians find ways to avoid foreclosure and keep their home when money is tight.
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Question: We live in a big house with a big lot. I’m 66 years old and my husband is 70. We want to move out to the country, where homes are cheaper. We are wondering about discrimination. Will we be hassled because of our age? We want to pay cash for the house.
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HAGERSTOWN The sale of Nancy Shulley’s Hagerstown home has been stalled by a variety of issues.
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Several local banks reported losses or a steep falloff in profits, particularly during the fourth quarter of 2008, and saw financial analysts slash their ratings. An examination of local banks and how they’ve fared in the wobbly economy appears in today’s Business section.
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Home buyers in Utah have never had it so good — record low interest rates; $14,000 in federal and state incentives if they qualify; and some builders, facing competition from rising foreclosures and short sales, have even offered to match the federal incentive to clear their inventory.
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