In Sierra Vista, a manufactured home close to Ft. Huachuca main gate. 3 bedroom/2 baths, 1600+ sq. ft., $75,000.
Click on Featured Properties for additional information and photographs.
October 31, 2009
Remodeling Tips
Do you want;
- to get your home ready to sell,
- to freshen the look of your home,
- or fix up that HUD you purchased from us?
Realtor.org has a few inexpensive ideas. There are also some that are not so inexpensive but worth a look and consideration none the less.
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Rate Leading Indicators
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October 30, 2009
Freddie, Fannie & FHA Loan Limits Extended
NAR Lauds Extension of Higher Loan Limits
The NATIONAL ASSOCIATION OF REALTORS® thanked Congress for speedy action in passing a congressional resolution yesterday that would extend the current higher Fannie Mae, Freddie Mac, and FHA loan limits through 2010. The present loan limits would expire at the end of 2009 and revert to previous lower limits.
Remodeling Costs Decrease
Remodeling costs are down an average of 5 percent to 10 percent nationwide with some areas down 20 percent, the remodeling industry reports.
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FHA 203(k) Loans on the Rise
A 203(k) loan is a great way to go when buying a HUD home. Often HUD homes are lacking appliances and as long as the property still qualifies for FHA backed financing, the 203(k) can fund your appliance purchase. The amount borrowed is combined with your loan on the property so you pay off the cost of the appliances over the term of the loan. And the 203(k) can also be used to pay for repairs.
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Housing Pain May Not Be Over
Even as home prices rose for the third-straight month, some experts remain skeptical about the strength of the current market recovery, noting that prices could drop this winter.
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October 29, 2009
HUD Home Added On Our Site
In Huachuca City, a manufactured home sitting at the top of a mesa. 3 bedroom/1.75 baths, $81,000.
Click on Featured Properties for additional information and photographs.
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Mortgage Applications Fall Again
Mortgage applications declined again last week, falling 12.3 percent on a seasonally adjusted basis compared with the previous week.
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