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August 2008 - Posts
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Coldwell Banker Home Loans Content August 2008 Homebuyers May Save Money by Protecting Their Rate Now Homebuyers may find big savings by locking in their mortgage interest rates now, according to a recent article in CNNMoney.com. 1 The mortgage market Read More...
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Just a few short weeks ago President Bush signed into law legislation that contained a provision to eliminate charitable down payment assistance, effective October 1, 2008. BUT IT”S NOT TOO LATE... ...The very next day Congress introduced bipartisan Read More...
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According to NAR's Profile of Buyer's Home Feature Preferences the top 10 features that buyers' look for in a home are: Central Air Conditioning Garage (2 or more spaces) Walk-in closet in master bedroom Backyard/play area Cable/Satellite Read More...
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First-Time Home Buyer Tax Credit at a Glance The tax credit is available for first-time home buyers only. The maximum credit amount is $7,500. The credit is available for homes purchased on or after April 9, 2008 and before July 1, 2009. Single taxpayers Read More...
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IT IS FINAL!! - Seller funded gift swap programs (Ameridream, Nehemiah, Genisis etc.) for new FHA loans will not be accepted after this Friday - August 22nd. All buyers must be registered by Friday 8/22 and close no later than 9/30/08, according to HUD Read More...
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Low interest rates and high inventory added up to more homes going into contract in July. More homes in fact than any other month since August 2007 as new listings fell, according to the Columbus Board of REALTORS®. Homes in contract continued to Read More...
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With today's record gas prices burning holes in the pockets of drivers across the country, we all wish our cars got better fuel efficiency. But as we complain about the pitifully few miles to the gallon our vehicles achieve, experienced hypermilers Read More...
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Title insurance protects homebuyers and lenders, not from future hazards, but from problems of the past. With owner’s title insurance, a buyer is free from worry about: An old forged deed that turns up. A long-lost heir that lays claim to the property. Read More...
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Good News for Buyers and Sellers! (July 24, 2008) The central Ohio housing market continued to stabilize in June as the area saw it's lowest "month's supply" level since last summer, according to the Columbus Board of REALTORS®. Read More...
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The Federal Reserve Board on Monday approved a final rule for home mortgage loans to better protect consumers and facilitate responsible lending. The rule prohibits unfair, abusive or deceptive home mortgage lending practices and restricts certain other Read More...
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“The National Association of Realtors ® and its 1.2 million members thank Reps. Nydia Velazquez, D-N.Y., and Joe Pitts, R-Penn., for their commitment to helping small business owners and independent contractors by introducing legislation to Read More...
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For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime. But like so many of the good things in life, Read More...
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Q. Parts of our concrete driveway are in the shade all winter and a dark mold develops on the surface. We want to clean it up but would like to avoid pressure washing; we have tried that several times and because of it the driveway is pitted. Is there Read More...
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