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RECENT BLOG POSTS
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The FHA's nose dive Another housing agency takes taxpayers for a dangerous ride.THE COST of the housing bailout continues to rise. The government-run mortgage giant Fannie Mae requested another $15 billion from the Treasury this month, to help cover a loss of $19.8 billion in the third quarter. T...
11/18/2009
5 myths about home sweet homeownershipBy Joseph Gyourko Even as we wade through the wreckage of the housing collapse, Americans remain a staunchly house-proud people. And our government is apparently determined to encourage us: This month, President Obama signed into law an extension and expansio...
11/16/2009
First-time homebuyers leading market backBy Les Christie Propelled by the first-time homebuyers tax credit, nearly half of home sales are now being made by first-time purchasers, according to an industry report released Friday.In fact, 47% of all Americans who purchased homes this year had not ow...
11/15/2009
You're Retired. Should You Ditch Your Life Insurance Policy? by Amy Bell After toiling away in the workplace for decades, you've finally reached those much-awaited, glorious retirement years. That means you can ditch those uncomfortable business suits, bid farewell to boring staff meetings and sa...
11/13/2009
Selling your home in a crowded marketBy Margarette Burnette In today's economy, it's tough enough to sell just one home in a neighborhood. But when there are multiple "for sale" signs on the same street, sellers often fear they're in for an especially long, trying experience.A crowded market crea...
11/11/2009
Right now, the minimum down payment requirement for FHA is 3.5% to purchase a home, but some experts feel that that's not enough ‘skin in the game' for buyers. Many believe that FHA will raise the requirement to at least 5% and maybe 10%. What do you think?Are Bigger FHA Downpayments Coming?by Pe...
11/10/2009
Top 10 Tax Tips for Small and Growing Businesses Taxes are one of the most important issues facing small and growing businesses. And like a company's profits, its annual tax bill will in part reflect the owner's skills and knowledge. Business owners need to be sure that they are meeting all of th...
11/09/2009
Fannie Mae: "Deed For Lease" Program Will Let Thousands Rent Out Homes To Avoid Foreclosure ALAN ZIBEL WASHINGTON — Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the op...
11/06/2009
Filing for Bankruptcy - A Fresh Start!By Stefano Grossi There is nothing to be ashamed of when you consider filing for bankruptcy. Bankruptcy should be viewed as a fresh start, a way to revive your financial situation and start over again. When money is tight and your household is experiencing a ...
11/05/2009
Agents Find Benefits in Teaming UpBy ELSA BRENNER SPECIALTIES The Alix Prince Team in Rye, part of Julia B. Fee Sotheby's, is one of a growing number seeking to sell clients on the advantages of a group approach. Team members (from left) areWendy Alper, Gayle Bronstein, Alix Prince and Micheline ...
11/03/2009
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