Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The fannie_mae_logo1restriction reversal does come with new minimum requirements, however. Homeowners buying a 5th, 6th, 7th, 8th, 9th or 10th home must meet the following standards, as set forth by Fannie Mae:
Wednesday, January 14, 2009
With a New Year brings New Guidelines. guidelines Many in response to HR 3221. This is not the all encompassing list of New Guidelines; just the ones I feel have a major impact on purchase and refinance transactions. (Read all of HR 3221)
Tuesday, January 6, 2009
Buying a home vs. renting is a big decision that takes careful consideration. For many years, purchasing real estate was considered an extremely profitable investment. Over the past view years many have held off, due to the Housing bubble burst and the declining market values due to the historic credit crisis.
Tuesday, December 16, 2008
While the mortgage market continues to generate a lot of chatter in both the media and in Washington, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why now is the time to act. Lately there has been [...]
 |  |
Monday, February 16, 2009
0 Comments