With grants and tax credits enticing people to look into buying a house, real estate experts are starting to see fresh faces scrutinizing the foundations, walls, floors and roofs of vacant homes in Brazoria County.
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With grants and tax credits enticing people to look into buying a house, real estate experts are starting to see fresh faces scrutinizing the foundations, walls, floors and roofs of vacant homes in Brazoria County.
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Crawling out from under the staircase of a North Midland apartment complex last week, two kittens scampered into the nearby bushes, peeking their heads out only after the sound of footsteps had come to a halt.
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Home builders who three years ago were selling new homes at record prices must now overhaul their entire operations to survive.
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With April’s unemployment rate hitting 8.9 nationally and 10.2 percent in Ohio, a growing number of people who have lost jobs or income are edging closer to losing their homes and creating another wave in the nation’s foreclosure crisis. Related: Cuyahoga County median home sales price is 28% lower than 2008 as foreclosures keep down prices
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Christmas is over, and Santa Claus was sent home.
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There are opportunities for first-time buyers and with the jump in foreclosures, they can be choosy.
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Looking for a mortgage that exceeds $729,750? Not long ago, you would have been charged about 8 percent interest on a loan that large — if you could find a lender willing to grant you one. Now, rates on these “jumbo” loans are much more affordable, having settled in the low 6 percent range, on a…
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Are there any new laws going into effect that would allow someone with a second home to refinance or adjust the mortgage?
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“Availability is still an issue, and the bar is higher in terms of down-payment requirements and credit scores,” said Greg McBride, a senior financial analyst at Bankrate.com, a personal finance Web site.
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First-time home buyers can now use the federal $8,000 tax credit for down payments or closing costs on a Federal Housing Administration mortgage — if they can find an approved organization to give them the money as a loan.
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