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Fannie Extends Distressed Property Deal

Thursday, 29 April 2010 16:21 |

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Fannie Mae is extending through June 30 an incentive program that gives buyers of distressed properties in its inventory a 3.5 percent rebate of the final sales price. The money can be used toward closing costs or for selected appliances. The program began in January and was set to expire April 30.

Fannie has more than 62,000 homes listed on Homepath.com. It wouldn’t comment on the volume of sales driven by its deal, but the company reported owning 86,000 properties at the end of 2009.

Source: Reuters News, Lynn Adler (04/27/2010)

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Last Updated (Thursday, 29 April 2010 16:24)

Real estate tax credit extended for armed service members

Wednesday, 28 April 2010 16:20 |

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service All individuals in our armed services, now have until April 30, 2011 to take advantage of the Homebuyer Tax Credit.

Source: AgentGenius

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Last Updated (Wednesday, 28 April 2010 16:24)

It's not too late to get the homebuyer tax credit

Monday, 26 April 2010 06:51 |

Buyers - Buyer Information

There is still time to benefit from the homebuyer tax credit which allows you to get back up to $8,000 from either your 2009 or 2010 tax return. The next major deadline is April 30, 2010. By this date, you have to have a contract signed on a house. With the great selection of deals in the Memphis area, it is very plausible that you can find your dream home with the next few days. So stop what you're doing and contact your favorite real estate agent TODAY! Click here for details on the tax credit.

Looking for a top-notch Memphis real estate agent that will ensure that you find your dream home at the best price possible, call Za at 901-791-4383 or email her at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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Last Updated (Monday, 26 April 2010 07:01)

5 Signs a Home Has Potential

Monday, 26 April 2010 06:45 |

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The best deals on homes these days are often on properties that aren’t perfect.

Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:

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Fed: Low Rates Likely Through 2010

Tuesday, 13 April 2010 11:21 |

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Interest rates are likely to remain low into 2011, Federal Reserve policymakers hinted this week in at least two presentations. These indications came one week after the Fed shut down its program to buy mortgage-backed securities, which had kept rates at or near record lows in recent months.