The recent credit crunch has greatly impacted the conditions around mortgage lending. Banks and mortgage companies alike have swung from their aggressive lending practices to a highly conservative low risk position. Regrettably, this has impacted non-conforming or jumbo loans, which are loan amounts above the Fannie Mae limit. The Fannie Mae limit in most markets is capped at $417,000.       For jumbo loans, [...]
One of the advantages of buying a new home is simply that, it’s new. A new home not only comes with a warranty but it also capitalizes on improved energy efficiencies and design trends, including floor plans.  Floor plans like many things get better with time, and new plans offer the latest trends in design. One of the recent trends in floor [...]
In: News Room
18 Jun 2009Great story from 11Alive.com.  In review, new home construction in Atlanta is picking up, indicating that there are fewer homes currently for sale. There has never been a better time to purchase your new home! linkscolor = “333333″; highlightscolor = “555555″; backgroundcolor = “FFFFFF”; channel = “none”; /*@cc_on @*/ /*@if (@_win32) document.write(“”); var script = document.getElementById(‘__ie_onload’); script.onreadystatechange = [...]
Once known primarily as the first-time home buyer solution, Federal Housing Administration (FHA) loans are fast becoming the program of choice for a variety of home buyers. The FHA program has grown in popularity over the past year for a multitude of reasons. First, the restrictions imposed by conventional loans have left qualifying gaps for many [...]
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