2009 UPDATE

New Year, Many Changes. Like most of us we watch the news and wonder what is really going on. Here are the most important items that you should be aware about for today's market.
  • Loan Limits in Nevada for FHA has decreased to $287,500
  • FHA requires a minimum of 3.5% Down
  • Down Payment can be a gift- ( soon look for the government to pass HR600- seller assisted DPA)
  • Interest rates REALLY at an all time LOW
  • LOAN MODIFICATION- principle reductions are happening
  • INVEST, BUY- but try not to sell at this point-(competition very tough)

Need more information you contact me.

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