Buyers

As buyers who have been sitting on the fence or were not able to get an offer accepted in this hot REO market here in the Lancaster / Palmdale area are watching the clock run down on the Federal First-Time Home Buyer tax credit, the State of California has stepped in to fill the gap.

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FANNIEMAE TO CHANGE DEBT-TO-INCOME REQUIREMENTS

October 30, 2009 Buyers
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Just when you thought it couldn’t get any harder to qualify for a home loan …

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DO REO BUYERS NOW HAVE MORE CONTROL?

October 16, 2009 Buyers
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The process of buying a bank-owned (REO) property can be stressful on buyers here in the Palmdale / Lancaster area. During a time in which most foreclosure buyers think that they should have all the control – Hey, it’s a Buyer’s Market, right?! – when they actually get into the process of negotiating an offer on the home they’ve decided on they realize that they don’t have as much power as they thought …

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