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Archive for May, 2009

FHA Permits Use of $8000 Tax Credit as Down Payment!!

May 29th, 2009 by nwarren

Great news for first time home buyers released today!  The Federal Housing Administration (FHA) will allow home buyers to apply the Obama Administration’s new $8000 first-time home buyer tax credit towards the purchase costs of a FHA-insured home. Prior to this the tax credit was only accessible to buyer’s after filing their tax returns with [...]

Posted in:  8000 tax credit, FHA, Warren Residential Group   |   Tags: , , , , , , , , ,   |   No Comments

Boston Condo Lending Tightening – Effecting Even Highly Qualified Buyers

May 25th, 2009 by nwarren

Condominium lending has become tight to say the least.  When my agents are selling Boston condos they tell me the biggest reason why deals fall apart is because of financing.  Even with a pre-approval, a big down-payment and good credit, many borrowers are finding closings to be delayed or not possible because of the property [...]

Posted in:  Mortgage Market   |   Tags: , , , ,   |   No Comments

South Boston Condo Market

May 19th, 2009 by nwarren

I just realized that I don’t post much information on South Boston even though I really should.  South Boston is one of Boston’s most popular and interesting neighborhoods.  With a total Sold market volume of South Boston condos reaching $149,000,000 over the past 12 months, this neighborhood should not be ignored. Here are some quick [...]

Posted in:  South Boston, South Boston Apartments   |   Tags: , , , , ,   |   No Comments

 
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