HUD Secretary Steve Preston allocated almost 4 billion dollars Friday to all states as part of the HUD’s new Neighborhood Stabilization Program (NSP). The NSP program will give states fund (especially harder hit ares) to purchase foreclosed properties and redevelop them. The goal of this is to prevent abandonment of these home which would then [...]
Entries Tagged as ‘Uncategorized’
August 18, 2008
Financing Solutions With David Reed: A Bad Wrap
We’ve all heard the term, “wrap around,” but what exactly does it mean? A wrap around mortgage, or simply a “wrap,” is an agreement where the buyer of a property makes monthly payments to the seller of a property, who then pays the original lender each month. This is perceived as a way of an [...]
August 7, 2008
New Web Discoveries
Always on the look out for the latest and greatest real estate related sites, in this new series I will pass my discoveries onto you….keeping you in the know.
Scrolling through my Google Reader this evening I stumbled across a post from ActiveRain.com about a new blog discovery site which launched this week called Regator . Regator gathers the webs [...]
July 23, 2008
Your First Home – pt. 4
Welcome to the fourth blog in the “Your First Home” The Proven Path to Home Ownership (Gary Keller, Dave Jenks, Jay Papasan) book discussion series.
You do not need to purchase to book to gain valuable information from this series, however it is a great resource for any first-time home buyer.
Part four covers Hiring Your Agent:
A good real [...]
