Sellers
Patti Francisco with Wells Fargo sent along information on this anticipated announcement from HUD today relaying changes to FHA lending terms in it’s continued effort to shore up the program against increasing financial losses and the threat of needing a government bailout. The changes being announced are expected to be: Increase […]
As we get started in 2010 many Knoxville Home Buyers are wondering who can take advantage of the extension of the tax credit. It isn’t just limited to first time Knoxville Home Buyers buying their first home. Originally created in 2008, the home-buyer tax credit has evolved from a $7,500 […]
Knox County Schools are considering a new elementary school for West Knoxville. There are four different sites that the school board is considering… Site 1 is the Northshore Town Center it is a 14 acre parcel just off Pellissippi Pkwy. Very convenient location. Site 2 is Choto 1 which is […]
A Simple Explanation Of The Federal Reserve Statement (December 16, 2009 Edition)
The Federal Reserve's Relationship To Mortgage Rates
Foreclosure Activity Falls For The 4th Straight Month
The extension of the home buyer tax credit will be a good thing for the Knoxville home market. There have been a few changes to the extension of the tax credit. If you are looking for details on the changes for the home tax credit this is a video from […]
The Obama Administration is putting the pressure on the mortgage industry to help out more homeowners who may be facing foreclosure. Treasury Department officials said Monday they will step up pressure on the 71 companies participating in the government’s $75 billion effort to stem the foreclosure crisis. They will be […]