Central Ohio Real Estate - Sandra Thomas Blogs

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• Single Family Housing Guaranteed Loan Program

  Notice of Funding This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. Once funding is exhausted, the Agency will not issue Conditional Commitments Read More... Posted Thursday, March 11, 2010 3:09 PM by Sandra Thomas | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• Does Savings Lead To Less Stress??

  RISMEDIA, April 11, 2009-American families who are putting money into savings every month are significantly less likely to feel stressed by the current economic situation than those who do not, according to the First Command Financial Behaviors Index. Read More... Posted Wednesday, April 15, 2009 2:14 PM by Sandra Thomas | 0 Comments Filed under: Finances, Community Information

• FHA Down Payment Changing

  Did you know that the FHA down payment is changing in January 2009? Currently borrowers are required to have 3% into the purchase of a home. If borrower is paying their own closing costs, then the down payment is 2.25%, as they would have contributed Read More... Posted Tuesday, November 11, 2008 3:34 PM by Sandra Thomas | 0 Comments Filed under: Real Estate, Finances, Buyer Information

• Housing Stimulus Bill Passed by U.S. Senate

  The U.S. Senate passed a bipartisan mortgage rescue bill that allows the Federal Housing Administration to refinance troubled mortgages--even those that are under water--as long as banks agree to take a loss. The program would allow the FHA to help as Read More... Posted Monday, July 28, 2008 11:25 AM by Sandra Thomas | 0 Comments Filed under: Market Conditions, Industry, Finances