National Assn. Of Realtors To Fight Budget Item

 Letter from NAR President:

 

 

 

Dear Fellow REALTOR®,
 
You may have seen news reports about President Obama’s budget proposal that was released today at 11:30 AM Eastern Time. A small section of the sweeping budget plan has the potential to become a major impediment to a recovery in real estate markets across the nation. NAR is 100% opposed [...]

Good News for Buyers

According to a report today from the National Associaton of Realtors, Fannie Mae has just agreed to lift the cap of 4 investment properties eligible for loans and raise it to 10.
NAR also reports that a component of the Treasury/Obama stimulus packages is a buyer tax credit that has been increased to (up to) $8,000 [...]

Scams target those facing foreclosure

By Steve Tarter
GATEHOUSE NEWS SERVICE
Posted Jan 28, 2009 @ 06:55 AM
Last update Jan 28, 2009 @ 08:13 AM

PEORIA —

Homeowners facing foreclosure have one more thing to worry about: Getting “help” from scam artists.
“This is a relatively new trend affecting homeowners struggling with their mortgages,” said Jeff Telling, central Illinois regional manager for Chicago-based Family Credit [...]