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The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit will remain $417,000 for 2009 for most areas in the U.S. but specified higher limits in certain cities and counties.
I have been selling a lot of second home condos this year and this is another thought that you can use. If you do not want to have your condo empty, you can pick up some extra cash to pay your condo fees and taxes.
An experienced agent will tell you, its not what the seller’s are asking. But more what the condo is worth. The seller may not be asking the correct price! So its not how much off that you can get of the asking price.
Besides the federal tax credit there are two very important aspects of buying that you may forget about.
1. Interest deduction is big. You get to deduct your interest on your taxes for every year till its paid off. The deduction is...
The Cotton Mills Condos located at 920 Poeyfarre Street is one of the most popular and largest of the Warehouse District Condos. Its about a block from the new addition to the World War II Museum. It has the most amenities for the...
This is a photo slide show from picnik. Its very easy to do for real estate or any other photos you want to showcase. The photos are downsized so they are not real sharp, Big photo files are not good on the Internet. These are all...
All lenders are becoming much more selective in who they will give a loan and what type of properties they are lending on. Getting a local lender is the best way to start the process. Out of town lenders are short on people and...
This is a slow time of year for condo sales in general. There are a lack of buyers, but at the same time there are less premium listings coming on the market in the various categories. Just a couple of ideas as to why this may be?
1. ...
I've followed Eric's blogs for awhile now and always find them interesting and informative. Eric also has a great eye with a camera and takes excellent pictures. This blog really gives you a good feel for the New Orleans condo market.