Real Estate News

Struggling to make your mortgage payment? Here’s help….

Good news for those struggling homeowners who have continued to make their monthly mortgage payment. HUD director Shaun Donovan announced an expansion of the Home Affordability Finance Program (HARP). This program is aimed at helping homeowners take advantage of lower interest rates – or a fixed interest rate – even though they are “upside down” in their current loan. The expansion allows homeowners to refinance their current loan into a new loan of up to 125% of the home’s current value – up… Continue Reading Struggling to make your mortgage payment? Here’s help….

“Will Idaho Lead The Recovery?”

That’s the headline from The Idaho Statesman’s front page yesterday. The article went on to say that the Moody’s website, Economy.com, considers Idaho to be one of five states that could lead the country out of the recession. The reasons: 1) population growth, 2) a reviving high tech industry plus a labor force trained in high-tech, and 3) a business-friendly climate in Idaho.

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First Time Home Buyer Assistance in Idaho

Are you a “First Time Home Buyer*?” If you are, the Federal Government would like to give you a tax credit for purchasing a home.
Congress recently passed and the President signed the American Recovery and Reinvestment Act which includes a provision for a tax credit for first time home buyers. The provision is similar to the one enacted last summer in an effort to entice first time home buyers to purchase some of the inventory of homes available in most markets. However, this new provision h… Continue Reading First Time Home Buyer Assistance in Idaho

Hope for Homeowners Act

The Hope for Homeowners Act goes into effect today. This Act, passed by Congress and signed by the President in July, provides an opportunity for distressed homeowners to refinance their existing loan into an FHA-backed fixed rate loan…. Continue Reading Hope for Homeowners Act

First Time Home Buyer Incentive

The U.S. Senate passed, on Saturday, a bill that is designed to help the sagging housing industry, and the President is expected to sign the bill. Part of the bill includes a program to help homeowners with mortgages they can’t repay, refinance to avoid foreclosure. However, part of the bill includes a federal tax credit for first time home buyers…. Continue Reading First Time Home Buyer Incentive

Idaho #4 in CNBC’s America’s Top States For Business

Capitol BlvdCongratulations, Idaho. Idaho continues to receive accolades about the great place it is to live and work. Now CNBC has rated Idaho #4 in its study of America’s Top States for Business.

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