Fran Park


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New FHA Loan Requirements

Since we seem to be in a first-time buyer market, with time remaining to take advantage of the $8,000 tax credit, this seems like a good idea to make sure you understand the Federal Housing Administration’s new requirements for securing FHA loans. In effect since January of this year, they are still essentially “new.” 

First, let’s [...]

$8000 Tax Credit - Update

For those of you planning on buying your first home and qualifying for the $8000 tax credit from the IRS, here’s some information you need to have. You should already know that to qualify for the tax credit, you must be under contract by April 30 of this year, and closed by June 30. Remember [...]

Plenty To Be Thankful For

It’s been a tough year. High unemployment, slumping retail sales, several businesses failing. A person could get down and disheartened after a year like that. But there is  ”plenty to be thankful for.” 

We still live in a country where it is possible, if no longer a cinch, to own your own piece of land and [...]