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This is an eye opening explanation of why our financial systems are as messed up as they are. The government is in bed with the big banks (as if we didn't already know). This should outrage any self respecting tax paying citizen. Pass it on. http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1386907
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Federal Housing Administration (FHA) commissioner David Stevens on Wednesday unveiled a sweeping set of policy changes designed to address risk and strengthen the financial standing of FHA's insurance program, which guarantees FHA lenders against
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For people who want to own a home, the premium to buy—the spread between what they’d spend to rent and what they’d pay for a mortgage—is much lower than the 15-year average in many cities. To determine what cities are smart buys,
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1) The credit is phased out for individuals with income above $125,000 and for joint filers with income above $225,000. 2) An $8,000 credit is available to all first-time homebuyers. The tax credit will be extended upon enactment until April 30, 2010.
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Homebuyer Credit Gets New Life Key lawmakers in the Senate have tentatively agreed to extend the existing $8,000 tax credit for first-time home buyers and also offer a new $6,500 credit for existing homeowners who have lived in their current residence
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Here’s a warning for potential borrowers: Nervous lenders have tough new rules and are paperwork crazy. "Borrowers are going to have to prove they are the borrower they say they are," says Keith Gumbinger, vice president of HSH Associates,
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Final score: $8,000 for homebuyers First-time purchasers get a tax credit windfall if they buy before December. By Les Christie, CNNMoney.com staff writer February 16, 2009: 5:38 PM ET NEW YORK (CNNMoney.com) -- There's a nice windfall for some homebuyers
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Money Magazine offers this advice for today's Buyer: Resist trying to time the market, this is the best buyers have had it in two decades, inventories are up and mortgage rates are low. Find the right place and drive a hard bargain. With this said,
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For more information please view this link <a href=" http://www.charlottebetweenthelines.com " target="_blank"><img src=" http://www.charlottebetweenthelines.com/hbacCBTLbanner.gif " alt="Charlotte Between the
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FHA Loan limits have been increased to $303,750 in Mecklenburg and some surrounding counties. Down payment requirements remain 3%.
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As of January 4, 2007 FHA has increased their loan limits to $230,470.00 in the following counties: Mecklenburg, Union, Cabarrus, Anson, Gaston, Pender, Brunswick, New Hanover, Durham, North Carolina and York, South Carolina At this time the downpayment
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