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CarolSellsFenton.net
Carol Verhelle, e-Pro Realtor® for Tom Atwell Homes and Realty, Inc. Fenton, Michigan
BREAKING NEWS! Today it was announced by the Obama administrationthat the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment
Secretary Donovan said that important changes, which the National Association of Realtors® has been calling for, will help consumers purchase a home. “We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a downpayment,” Donovan said. According to Donovan, the FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.
Donovan said the Obama administration plans to further stabilize the housing market. “I do think we have some early signs that the market overall is stabilizing,” said Donovan. “Since January we’ve seen both home sales moving up and down around a relatively stable number and we are seeing the first signs that the rapid decline in home prices is starting to abate.”
This is great news for buyers and sellers and for our economy here in Michigan. I am a full service REALTOR® with access to the Multiple Listing Service; this enables me to find you a home with the exact features that you are looking for or to list your home for sale and work to get you the most for your money. Call or text me today at 810-691-0589.
My goal is to represent you with your needs in mind; advice, searching for sale properties, showing, research and negotiation, Call me today at 810-691-0589. Search for the perfect home at www.CarolSellsFenton.com, where I have some more content.
The best choice is an e-PRO® Certified Real Estate professional who provides both buyers and sellers with high quality, timely information, I am a member of the National Assn. of Realtors®, Michigan Assn. of Realtors, and the Flint Area Assn. of Realtors, licensed in the State of Michigan. Call me today at 810-691-0589 or email me and lets get started.
Call or Text me at 810-691-0589. Email to CarolSellsFenton@Charter.Net
P.S. If you're not ready to meet in person, please tour my website. I'm sure you'll find the resources here useful and helpful. Enjoy!
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