New FHA Mortgage Rules Coming This June

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New FHA mortgage rules are coming that will completely change the way mortgages are processed. If you own a home in Bergenfield, Dumont, New Milford, the west side of Englewood, most of Teaneck, Bogota, Ridgefield Park, Hackensack, Lodi or a host of other areas in Bergen County and are thinking of selling your home, get on the market now. Do you want to buy a Bergen County home this year under $500,000? …

Bergen County Homes Sales Data from the New Jersey MLS

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You need Bergen County homes sales data from the New Jersey MLS so you’re on top of the market. The New Jersey MLS is the primary multiple listing service for all of Bergen County. They do a simply outstanding job in so many ways. There is comprehensive information on homes for sale as well as statistics on all aspects of the market. The sales data shows an improving market for…

A FHA Tax Credit for Home Buyers

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A FHA tax credit for home buyers has just been announced.  This is truly great news for the real estate market. U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced yesterday, May 29th, that the Federal Housing Administration (FHA) will allow home buyers to apply the Obama Administration’s new $8,000 first-time home buyer tax credit on FHA mortgage loans. Previously the tax credit only applied to conventional mortgages. The…