One in four Reno houses purchased for cash
Today’s Wall Street Journal had an interesting piece on cash buyers and how they’re breathing life into some of the nation’s most battered housing markets.
February 8, 2011
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THE RENO REALTY BLOG
FHA condo financing requirements
Just received the following info emailed to me from a mortgage loan officer from Bank of America. The information pertains to the guidelines that condominium
March 31, 2010
4 Comments
FHA lending changes
I received the handout below from a lender friend of mine. I realize I have recently posted changes to FHA’s lending policies, but this handout
February 12, 2010
2 Comments
FHA allows a new purchase 3 years after a short sale
I’ve just received the following email from one of my local lender contacts. This is an interesting development regarding FHA underwriting guidelines. Check it out…
February 3, 2010
12 Comments
FHA reverses 90-day anti-flipping rules
Starting today the Federal Housing Administration is revising its long-standing 90-day anti-flipping rules. For much of the past decade the FHA’s 90-day anti-flipping rule went
February 1, 2010
12 Comments
FHA announces lending policy changes
The Federal Housing Administration (FHA) has announced a set of policy changes to strengthen its capital reserves and manage its risk. The FHA’s proposals includes:
January 21, 2010
7 Comments
Interest rates set another low, but can you afford them?
If you haven’t heard yet, mortgage rates dipped to another new low. Yesterday Freddie Mac stated that the average rate on a 30-year loan was
December 4, 2009
2 Comments
FHA loans: get ’em while you can
Lots of recent news regarding FHA financing. In a word it’s going to be tougher to obtain. Due to rising FHA loan defaults, FHA cash
September 21, 2009
3 Comments
