The Chenoa fund is administered by the CBC mortgage agency. It is designed to facilitate home-ownership by providing down payment assistance to qualified buyers. The assistance can be used for FHA and conventional loans as well. FHA Loans Chenoa Fund DPA Edge: Soft Second product: The borrowers need to have a score of 620 at… Continue Reading
While looking to purchase the perfect house, we are confronted with different type of architectural styles. In fact, it can become besetting to properly differentiate and understand each type. Below, you will be provided with a brief description of various architectural styles. Cape Cod This style of architecture started in the Mid 20th century. a… Continue Reading
A short sale is a transaction in which the Seller is selling a property at a price lower than the amount he/she owes the bank. The bank is the ultimate decision maker. In fact, given that the bank will be faced with a lost, it will decide if the price is adequate or not. Prior… Continue Reading
Rates have been improving lately. lower rates can help lower monthly payments or Help qualify for a higher price point.
1240 18th st NE # 4 washington DC 2 bedrooms, 1 bath. Price: #315,000 Located in a cul de sac, this nicely fully renovated condo is within walking distance of Trader joes, Safeway, whole-foods, union market and more. Enjoy the vibrant H st life and come home to enjoy some peace and quiet. the neighborhood… Continue Reading
1031 exchange allows Investors as well as individual to defer paying taxes on property sold. In order to use the 1031 exchange, one must sell and buy a similar property. There is a 45 days period to locate another similar property after the sale, and a period of 180 days to acquire ( take… Continue Reading