Real Estate Monday | Big news for April

by | Apr 2, 2010 | How to Guides, Media Center, Uncategorized

John Ross Auction on Saturday April 11th, 2010 @ 1pm

The John Ross will be auctioning off 50 of the remaining 80 units down in the South Waterfront. Click here for everything you need to know and more. We can help you if you’re thinking of buying one of these units.

FHA is getting more expensive after April 5th

Important changes are coming to the FHA mortgage program this week, here are the two big ones:

1. Upfront Mortgage insurance premium goes to 2.25% from 1.75%
2. Seller paid credits lowered from 6% to 3% of purchase price

Click here for a good article on the details of these changes.

Tax credit deadline approaching!

In order to qualify for the first time buyer and move up tax credit buyers must be in contract by April 30th, 2010. We’re already starting to see an increase in buyer activity and we expect this to be a busy month. If you’ve been thinking of buying don’t hesitate to call me at 503.901.8100.

You can click here for all the tax credit details.

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