Monday, October 26, 2009
Based on a recent study, now is the best time to buy bank foreclosures instead of renting. The study was done in 20 metropolitan areas nationwide. In cities like Detroit, Michigan and Pittsburgh, Pennsylvania, renters can actually reduce their monthly costs by buying homes instead of renting.
Other cities where buying is expensive than renting include Memphis, Tennessee; Rochester, New York; Cleveland, Ohio; Tampa, Florida; Dallas, Texas; Columbia, South Carolina; Providence, Rhode Island; and Las Vegas, Nevada.
According to Industry experts, foreclosure crisis has pulled down home prices and values from Riverside, California to Tampa. But in last few months, there has been increase in activity in housing markets, where in first time buyers are offered tax credit facility of nearly $8000 by government. Now is the best time to buy bank foreclosed property.
Other cities where buying is expensive than renting include Memphis, Tennessee; Rochester, New York; Cleveland, Ohio; Tampa, Florida; Dallas, Texas; Columbia, South Carolina; Providence, Rhode Island; and Las Vegas, Nevada.
According to Industry experts, foreclosure crisis has pulled down home prices and values from Riverside, California to Tampa. But in last few months, there has been increase in activity in housing markets, where in first time buyers are offered tax credit facility of nearly $8000 by government. Now is the best time to buy bank foreclosed property.
posted by Avoid foreclosure, We buy houses, Stop foreclosure
@ 5:26 AM
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Friday, October 23, 2009
First time buyers in Charleston, West Virginia will receive federal funds from U.S. Department of Housing and Urban Development (HUD) to buy houses. Nearly $142,401 funding will be provided by HUD housing counseling grants. The grant will also help homeowners who are going to lose their properties to foreclosures. According to industry experts, HUD certified counseling agencies provide homeownership counseling as well as financial management education and training to homeless families and individuals.
The West Virginia funding is part of the HUD's $60 million housing counseling grants across the country. The nationwide grant program supports the delivery of housing counseling assistance and services by 5 state organizations, 24 regional and national organization and 463 housing counseling agencies in various states and municip
The West Virginia funding is part of the HUD's $60 million housing counseling grants across the country. The nationwide grant program supports the delivery of housing counseling assistance and services by 5 state organizations, 24 regional and national organization and 463 housing counseling agencies in various states and municip
Labels: Funds provided to first time buyers in Charleston and West Virginia
posted by Avoid foreclosure, We buy houses, Stop foreclosure
@ 4:20 AM
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