Maria Rogers's (mariarogers) Blog

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Real Estate Agent - Aero City Realty

ARCHIVED BLOG POSTS

2009 

Today I was showing a HUD foreclosure to a buyer and he asked what the difference was between a HUD owned home and any other bank foreclosure. HUD stands for Housing and Urban Development. When a borrower with an FHA loan is foreclosed upon, the repoed home becomes a HUD owned home, because FHA h...
04/30/2009
With all the homes on the market, especially foreclosed homes, you would think there would be five great deals for every buyer today. Although the market is full of homes for sale, with just a quick scan of the inventory available it's obvious that not everything is a steal! Of every ten or fifte...
04/29/2009
I just got an email that HMS is offering home warranties to land contract and lease option buyers. This is interesting because I have never seen home warranties advertised that way- the ones my brokerage sells are all for traditional buyers as far as I know. Anyway, if it helps anyone who has a s...
04/27/2009
This is information I received from our company's loan officer, Shawn  Bowling, which I think has some great information in it. Shawn's website is www.shawnbowling.com and he has an online application there if you are an interested buyer! WHY BUY A HOUSE NOW? First-time homebuyers can take advan...
04/27/2009
 Late last year was the first time I have ever run into a buyer being approved by a lender for a conventional loan then having the deal killed because PMI insurance wouldn't back the loan. I live in an area where bad credit is common so I have had buyers get approved for a loan before the credit ...
04/21/2009
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