by Lisa Broadwater | Feb 4, 2011 | For Buyers, For Sellers, Homeowner Tips, REO Info
Thanks to mortgage consultant Mitch Wilcox for the following update: The Federal Housing Administration has extended FHA’s temporary waiver of the agency’s “anti-flipping” rule.’ As a result, lenders will continue to allow the waiver for...
by Lisa Broadwater | Nov 17, 2010 | About Central Oregon, For Buyers, For Sellers, Homeowner Tips, Uncategorized
Last week I attended a class that focused on why so many Central Oregon real estate transactions are closing late. In Part One of my discussion about the class, we tackled one of the main culprits: appraisals. Today we take a closer look at another frequent cause of...
by Lisa Broadwater | Sep 28, 2010 | Financing, Uncategorized
For many home buyers, mortgage insurance is about to get more expensive. FHA has announced changes to both the upfront and annual premiums that will be applied to FHA loans assigned on or after Oct. 4. As a result of HR 5981, the FHA upfront mortgage insurance premium...