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Spring is here. Open Houses abound as well as better temperatures and eager buyers looking to cash in on the tax credits before they expire. You must have a signed contract by the end of April to claim the credit and close prior to the end of June. For first timers the credit is up to $8000. For ...
If you are thinking pf purchasing a home in the next six months the most important thing you can do to save money is to get a pre-approval. Generally you will need 2 years of complete Federal Taxes, 2 pay stubs if not self-employed and 2 months of bank statements. You should be able to be pre-ap...
Have you heard of OPM? That is the key to wealth. Other People's Money. Why use yours when you can use others? When you buy a home with an FHA loan you are using OPM. You put down 3.5% and the lender puts down 96.5%. If the value of the property goes up you are making a giant return. For exa...