It’s Been a Good Month for Me
I have had a great month compared to what the news says I should be having. If I believed them, I should just shoot myself and get it over with. The news seems to be real good at scaring the hebejeebies out of people and I’m just glad that there are people out there that [...]
It’s a Good Time for a Holiday
Every year when you need it, Thanksgiving comes along. It reminds us all of what is really important; husbands and wives; children; mothers and fathers; friends and other important people in our lives. It’s never too early and it’s never too late to remember all that is good and all those that have been so [...]
Nashville Receives $4M to Rehab Neighborhoods via THDA
Last July, Congress passed the Housing and Economic Recovery Act’s Neighborhood Stabilization Program allocated $72.5 million dollars to Tennessee. THDA (Tennessee Housing Development Agency) is administering $49.3 million of that money to rehab and sell abandoned and foreclosed homes in order to rebuild these hard hit neighborhoods.
Though there are several areas that are [...]
Will the Housing Market Get Better
The short answer to this question is yes. The defining question after that is; when? And that’s the one thing no one knows. I tune in and listen to the financial news almost daily and read several blogs and articles each week to try and stay on top of what is going on for [...]
Where’s the Bottom?
Yesterday I listened to all the pundits on Sunday morning TV. Almost all of them predicted a gloom and doom economic picture all the way through 2009 in the overall economy as well as housing and mortgages. Now I am not an economist and won’t pretend to know any different information than they [...]
THDA Rates Change
Tennessee Housing Development Agency has announced new rates for its first time homeowner programs as well as its new refinance program for those who are in danger of foreclosure due to sub-prime mortgages. Here are the new rates.
Great Rate Program 6.10%
Great Save Program 6.10
Great Advantage 6.60
Great Start Program 7.10
These and many other programs are available [...]
For Every Negative There is a Positive
What most of us have heard of and the news has certainly reported over and over again is the fact that there are, and have been recently, a historical amount of foreclosures happening in this country. That is not in question. However, what we have not heard about is the great opportunity for buyers [...]
After the Election is Over
It depends on who you listen to as to what is happening to the economy. I always like to listen and see what people say about the markets as they ebb and flow. If you follow the markets like I do, you realize that there were several key elements of information that was released [...]
Go Vote!
No matter whom you are for or how long it takes, I want to encourage you to make your voice heard and vote. If nothing else has been accomplished during this election season, people seem to be more engaged and ready to get involved and vote. I hope you are one of those people.
More FHA Changes Coming
The government continues to make changes to the FHA program and the people I have talked to don’t think the changes are over with as of yet. Though these changes are supposed to help people continue to get into homes and to protect them, I’m not sure there are any changes that can protect [...]