I created a house when I bought my new construction in 2009 because it didn't yet exist. Now there is a record of it, but separate from the one I created. Can I get them merged, or have the one without county data deleted?
if this isn't near the bottom of the real estate market what would a bottom look like?Interest rates would be in the double digits. The government wouldn't be bribing people to buy houses. The FHA wouldn't account for 95% of loans.
No, I've noticed just the opposite. It is entirely too easy for people with bad credit and no assets to get loans backed by taxpayers.
I also got this tax credit and I think it's terrible that we have to pay it back while '09 and '10 don't.I think it's terrible that any of them existed at all (and I got the one you don't pay back.) Enjoy your interest-free loan.
I think we should just hire the unemployed to punch members of the Mortgage Bankers Association.
Luckily, in the Seattle area, I have already located two lending institutions that still offer 100% financingAre they publicly traded? I'd like to short them.
"The number of contracts to buy previously owned US homes unexpectedly fell in January, showing the extension of a tax credit is sparking little interest."Much in the same way that the Detroit Lions unexpectedly did not play the Oakland Raiders in the Super Bowl.
If you're collecting rent, it'll be taxed as income (minus all expenses.)
I have absolutely zero faith in Congress to not continue this horribly counterproductive policy.
Depends what the contract says. It could either be something that says you have to secure financing with someone before they'll build it, or it could be something to get you to go with their lender specifically.If it's the latter, weigh any incentives they're offering you for doing so against the difference vs. market rates. And don't think you'll be able to refi later. The Fed can lose their grip on interest rates at any time now.