FHA Mortgages And Loan Limits

By Realter

FHA Limits For Pennsylvania (PA) Common Questions About an FHA-insured Loan Why choose an FHA-insured loan? There are lots of good reasons to choose an FHA-insured loan, especially if one or more of the following apply to you: * You’re a first-time homebuyer. * You don’t have a lot of...
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How to Buy a Home With a Low Down Payment

By Realter

A consumer’s guide to owning a home with less than three percent down. If you’re dreaming of buying a home, congratulations. You’re in good company! About two-thirds of the nation’s households own their own home. This brochure describes how families can get into their own homes with little cash up front. It explains mortgage insurance and...
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Fair Housing: It Is The Law

By Realter

FAIR HOUSING ACT Sec. 800. Short Title This title may be cited as the “Fair Housing Act”. Sec. 801. Declaration of Policy It is the policy of the United States to provide, within constitutional limitations, for fair housing throughout the United States. ...
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Title Insurance

By Realter

* Why do you need title insurance? Title insurance plays a major role in making certain that your home ownership is free and clear of any rights or claims of prior owners. It is possible for other prior owners to hold a legitimate claim against your home. Problems with the title can limit your use...
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Re-finance A VA Loan

By Realter

IRRRL Facts for Veterans IRRRL stands for Interest Rate Reduction Refinancing Loan. You may see it referred to as a “Streamline” or a “VA to VA.” Except when refinancing an existing VA guaranteed adjustable rate mortgage (ARM) to a fixed rate, it must result in a lower interest rate. When refinancing from...
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VA Mortgage: Pre-Loan Frequently Asked Questions

By Realter

General questions about VA loans that may arise BEFORE you get one Q: What is a VA Guaranteed Home Loan? A: VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home which must be for their own personal occupancy. The...
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Am I Eligible For A VA Loan?

By Realter

Veterans Mortgage General Rules for Eligibility Military Service Requirements for VA Loan Eligibility: Note: Applications involving other than honorable discharges will usually require further development by VA. This is necessary to determine if the service was under other than dishonorable conditions. Wartime – Service During: * WWII: 9/16/1940 to 7/25/1947 ...
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Closing: About Going To Settlement

By Realter

SETTLEMENT / CLOSING Based On HUD’s Settlement Booklet Finally, you’ve gone through the whole process, and you’re ready to go to “settlement” or “closing.” We know you’ll be excited, but be sure to read everything you sign! It’s often a good idea to read the settlement papers in advance of your settlement date. It is...
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How To Buy A House

By Realter

Knowing your mortgage qualification is the first step. You can get pre-qualified for a mortgage, and get a pretty good idea of what you can borrow. However, i f you get pre-approved for a mortgage, you will remove any uncertainty. A pre-approval is also important as you negotiate the purchase of your property. Buying a...
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Homebuyer's Wishlist

By Realter

HUD’s Homebuying Wishlist The Basics 1. What part of town (or country) do you want to live in? 2. What price range would you consider? No less than _________ but, no more than __________. 3. Are schools a factor and, if so, what do you need to take into consideration (e. g., want specific school system, want kids to be...
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Notice For Pennsylvania Real Estate Buyers

By Realter

CONSUMER NOTICE THIS IS NOT A CONTRACT In an effort to enable consumers of real estate services to make informed decisions about the business relationships they may have with real estate brokers and salespersons (licensees), the Real Estate Licensing and Registration Act (RELRA) requires that consumers be provided with this Notice at the initial interview. • Licensees...
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RSS Greater Philadelphia Region

  • 2012 Komen Philadelphia Race for the Cure
    First, I encourage you to please view this video message from Founder and CEO of Susan G. Komen for the Cure, Ambassador Nancy G. Brinker, regarding the recent changes to Komen granting strategy. I also remind you that, like you, the Philadelphia Affiliate is concerned about these changes and are in discussion with Komen National [...] […]
  • Abraham Lincoln Union Open House
    Philadelphia, Pennsylvania: The Union League of Philadelphia, founded in 1862 as a patriotic society to support the Union and the policies of Abraham Lincoln, will host its annual Open House on Saturday February 4, 2012 from 11 a.m. to 2 p.m. The public is invited to stay after the open house for a special [...] […]