Budget 2013-14: The pragmatic realty sector is moving beyond rhetoric
The industry body says the deduction from rental income under Section 24(a) of the Income Tax Act should be increased from 30 per cent to 50 per cent. This will promote rental housing. And, view health for women and senior citizens , medicine prostate the deduction could be 100 per …
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Ruhl & Ruhl posts record year in home sales
Residential sales volume in the Quad-Cities Multiple Listing Service, or MLS, was up 22 percent, including an 18 percent increase in the Illinois Quad-Cities and a 24 percent increase in the Iowa Quad-Cities. Ruhl & Ruhl, whose other markets span …
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Question by Zeela: Programs for First-Time Homeowners with Bad Credit…?
I have a less than perfect credit history (I’m working to fix that), what is ed but I have a steady full-time job that I’ve kept for almost four years. I would like to buy a home, order and I’ve never bought a home before.
Are there any programs or resources to help first-time home buyers with less than perfect credit? Please lead me in the right direction. Thanx!
Best answer:
Answer by Homer
yes, at least 20% down
What do you think? Answer below!
Look for FHA loans. Find an FHA loan company in your city by asking a real estate agent.
Visit these websites for more info. Keep working on that credit!
By the way, now thru April 30, FICO is giving a 25% discount on their products. You can get all three fico scores normally 45.00 for about 34.00. FICO is the only scoring system that matters when you’re seeking a mortgage! Go find out your score, so you know what you need to work on to get approved.
Also, visit the first site listed for a handy score simulator. This will also help you figure out what you need to do to improve your score. I play around with it all the time.
Good luck to you!
http://www.bankrate.com/brm/fico/calc.asp
http://www.fha.com/
http://www.hud.gov/buying/loans.cfm
http://www.myfico.com