September 10, 2009
As of September 1, Wells Fargo is offering condo loan programs with as little as 5% down. Since the Sept ’08 meltdown, condominium financing has been difficult, and for a time, the only low down payment programs were FHA loans. FHA financing was not available in all buildings, however, so many buyers, while willing [...]
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March 28, 2009
This video from Pat Callan, President of the Illinois Association of Realtors, discusses key housing provisions in the American Recovery and Reinvestment Act. In it, he talks about how Illinois residents can benefit from the $8,000 first-time homebuyer tax credit, increased Illinois FHA loan limits and energy-efficient housing tax credits. Links: Tax Credits for Energy [...]
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