FHA Reduces Mortgage Insurance Premium

While the upfront mortgage insurance premium remains unchanged at 1.75, as of Jan. 26th, 2015, FHA monthly Mortgage Insurance Premium  (MIP) will drop from 1.3/1.35% down to .80/.85% (depending on loan to value ratio of purchase).



What does this mean for buyers?  As an example, for a $350,000 FHA mortgage, the monthly payment will drop about $140/month due to the lower MIP, and also creates the ability for buyer's to qualify for a little more.





Millions of Renters Could Become Homeowners in 2015 (FMCC, FNMA)



Good news for first time and returning buyers!

Short sale tax break signed into law | 2014-12-29

FYI-   for anyone who is looking to short sale, etc.







Short sale tax break signed into law | 2014-12-29 | HousingWire

Understanding Zillow's Zestimates & Tips

Mortgage Debt Forgiveness: It’s All About Fairness

I'm proud to be affiliated with the National Association of Realtor s who are promoting mortgage debt forgiveness for those who were caught up through no fault of their own in the upside-down housing mortgage and had to do a short sale with their lender- the fact that they tried to do things "right", rather than trashing their home and forcing their lender to go through foreclosure.

Mortgage Debt Forgiveness: It’s All About Fairness

I'm proud to be affiliated with the National Association of Realtor s who are promoting mortgage debt forgiveness for those who were caught up through no fault of their own in the upside-down housing mortgage and had to do a short sale with their lender- the fact that they tried to do things "right", rather than trashing their home and forcing their lender to go through foreclosure.

Overview of the 2013 new mortgage rules (+playlist)

Prior Short Sellers: Watch for Credit Errors

Learn about the different way that a short sale vs. foreclosure can effect your credit:





Prior Short Sellers: Watch for Credit Errors

Selling Your Home? Time to De-Pet

Learn the impact pets in your home can have on selling and tips so this does not become an obstacle.


De-pet your home before you sell - MSN Real Estate

REALTORS® at the White House

Happy to be a part of an organization that supports the values of the American dream of home ownership, and even recognized by the post powerful person in the world.


REALTORS® at the White House

If you have business real estate and want to switch it up, learn about doing a 1031 Exchange - it may be an ideal way for you to defer taxes on the sale of your existing property while investing in a new one. Click  here to learn more.

Springtime in Elko

Gully Washer 4-2-2013

Spring Break Fun in Elko

California Trail Center Spring Break

Nevada Poetry Out Loud Winner 2 of 2

Graciela Maya-Joseph Nevada Poetry Out Loud Winner 2 of 2


Lovely poem with local theme.  Enjoy!

Take Pride in Your Community

Spring cleaning is just around the corner- and free dump day!

Take Pride in Your Community

Check out this great MSN video - Rent or buy a home?

Check out this great MSN video - Rent or buy a home?

Bloomberg News: 5 types of buyers

5 types of buyers are coming into the housing market-   which type are you?

Ready for a home of your own?  Let me help make your home owner-ship dream a reality!

The What and Why of 1031 Exchanges

Short Course | First American Exchange Company

Tax Time: Don't Forget Your Mortgage Interest Deduction!

Take advantage of your home mortgage tax deduction-  read more about it below:

Getting the Most from Your Home Mortgage Interest Deduction | First American Exchange Company

Nevada #2 In Increasing Home Values

CoreLogic: Home Prices Post Largest Gain in 6 Years

What's the Best Season for Home Buying/Selling?

Nice little review of the busiest/slowest time for buy (which also impacts selling your home)


What's the Best Season for Home Buying? 

Are you ready to buyer or sell?  We are heading to peak season to do so- give me a call now to be ahead of the curve!

Donna
(775) 934-9604