http://stacylbowers.com Just another WordPress weblog Fri, 09 Jul 2010 23:21:18 +0000 http://backend.userland.com/rss092 en 10 Best Towns for Families: 2010 Meridian, Idaho Population: 45,295 Median Income: $66,888 Median Home Price: $177,000 Households with Children: 47% Student/Teacher Ratio: 20:1 Great Schools Rating: 7 The population has quadrupled in the last decade, but for Debbie and Mark Bennett that just means there's more Meridian to love. "It's still a place where people ... http://stacylbowers.com/2010/07/10/10-best-towns-for-families-meridian-id/ After a close brush with the deadline, Congress has passed the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create a seamless extension ... http://stacylbowers.com/2010/07/02/tax-credit-passed/ The House voted 409 to 5 in favor of extending the tax homebuyers credit for closing mortgages. The Senate can approve the measure in the next 24 hours, and with Presidential ratification, it's possible that no contracts fall through the cracks with the current deadline of June 30 looming. As it stands, ... http://stacylbowers.com/2010/07/01/house-oks-extension-of-tax-credit-deadline/ FNMA has announced that effective with application dates on or after July1, 2010 the following guidelines will apply to borrowers with a pre foreclosure sale/short sale or deed in lieu: Waiting Period After a Pre foreclosure Sale, Short Sale, or Deed-in-Lieu of Foreclosure Pre foreclosure Event Current Waiting Period Requirements New Waiting ... http://stacylbowers.com/2010/06/29/fnma-waiting-period-for-ssforeclosure/ Homebuyer Tax Credit Extension- The Waiting Game The Senate has adopted Senator Harry Reid's (D-NV) amendment to the pending jobs and extenders legislation (HR 4213) that would extend the closing date for the homebuyer tax credit from June 30, 2010 to September 30, 2010. The amendment would apply only to purchasers ... http://stacylbowers.com/2010/06/27/homebuyer-tax-credit-extension/ The Idaho Housing and Finance Association (IHFA) have launched a new program to make home ownership a reality through its IdaMortgage program. The new Affordable Advantage Loan offers a down payment as low as $1,000, and has no mortgage insurance requirement, saving qualified borrowers money on ... http://stacylbowers.com/2010/06/11/idaho-housing-and-finance-association-launches-new-program/