How To Get Home

With all of the recent problems in the subprime market, there will be more attention paid to one of the best home loan programs out there - FHA. In my opinion, the FHA home loan program is ideal for first time home buyers or borrowers with a less than perfect credit.
The Federal Housing Administration […]

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There is no shortage of discussion about the future of the housing and mortgage markets these days. Now that home owners, lenders, and Wall Street are focused on the risk in the system, there is a good chance that positive changes are coming. There will be a ton of lawsuits coming down the pipe and […]

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If I had to guess, I would say over half of the potential home buyers that call in for their initial consultation ask the same question- How much can I be approved for? A large percentage of these same buyers will go out and find a home at that maximum price or slightly higher.
Most mortgage […]

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Witht the recent slowdown in the housing market, several nationwide homebuilders having been feeling the hurt. Make no mistake about it, residential home construction is no easy business. In 2006, sales fell 17% and builders are still struggling with current inventory levels.
Some business leaders find it difficult to call it like it is. D.R. Horton’s […]

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Our new Fed Chief and our old Fed Chief were both making headlines today. I use the term “old” in reference to his status as the former Fed Chairman and not based on the fact that Mr. Greenspan turned 81 today - congratulations. Before his birthday party, the former central banker told Bloomberg news […]

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Two of the hot topics lately are affordabilty and sustainability. In short, can the borrower afford to get in a home (qualify) and can they stay in the home (avoid having to sell). As home prices have increased, many buyers have used non-traditional mortgages to help them bridge the gap between the cost of the […]

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It was a cold and rainy day here in Savannah, which made for ample parking downtown. You can’t pass that up. I had the chance to speak with Darrel Daise, Director of Community Housing Services Agency (CHSA). We sat down to talk about the city’s effort to increase home ownership.
The City of Savannah’s Department of […]

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