The real estate market was hot for so long (1998 to 2007) that many agents who entered the real estate industry during this time period did not have a clue of what a buyer’s market was. Until the recent real estate and mortgage crash, the market definitely favored sellers. Homes sold quickly and in many cases homes sold for prices above what they were listed for. As a result, buyers learned they had to move quite quickly. In fact, it became simple routine for buyers to waive inspections and other basics in a bid to move forward as quickly as possible. These buyers were well aware that it was common during this time for sellers to receive multiple offers, which In some cases escalated into a bidding war. Read more at First Home Purchases – Real Estate
A message to Prime Mortgages readers:
Thank you for your support. We will continue working to provide the most relevant and useful information about current FHA-insured programs and related topics. Please provide any comments, opinions or preferences which you would like us to be aware of. Thanks and God Bless!
For more about 203k, please visit the HUD website
A Digital Web – Fueling Internet Growth!
What would life on the internet be without the World Wide Web (WWW)? Although it has only been a short eleven (11) years since the creation of WWW it seems as though HTML, HTTP & URLs were a part of internet life for as long as the existence of the internet itself. That’s based in part on the fact that WWW was a driving force in making the internet what it is today. Similarly, digital products have helped to make the Web what IT is today and continue to propel Web use to new heights on a daily basis. Learn how you can be a part of the digital products revolution and make your mark (personal fortune?) with an INDIGITAL WORKS membership.
Click the TOM-SL button to subscribe to 3-in-1mortgage information services. This is a free service!
If the government can’t run business, how come businesses always run to the government for a bailout when it runs into trouble?FHA-insured mortgages, government run for 75 years. Lest we forget?