Rebuilding Our Communities (ROC) – The $25,000 forgivable loan for downpayment, closing costs and first mortgage balance reductions. This loan provides downpayment and closing cost assistance of $25,000 to assist homebuyers with purchasing a vacant or foreclosed home in specific qualified census tracts. ROC provides a forgivable grant to be used for downpayment and …
Confidence among U.S. homebuilders climbed in August to the highest level in more than five years, affirming the improvement in residential construction. The National Association of Home Builders/Wells Fargo builder confidence index rose to 37, higher than projected and the best showing since February 2007, according to figures from the Washington-based group released today. The …
Exceptional Dutch Colonial conveniently located in the lovely Linden Heath. This Stone front home is one of the larger models in the community & is great for entertaining. Distinguished Oak Hardwoods run throughout most of the 1st & 2nd floor. The newer eat-in kitchen offers a view of the private & serene rear yard w/ …
Located between Baltimore and Philadelphia, the Wilmington metro had the highest share of total sales made to first-time buyers with FHA loans in the U.S. last year, 31 percent, more than double the 15.3 percent rate at the national level. FHA loans overall accounted for nearly 40 percent of sales in the Wilmington area, compared …
The U.S. finally has moved beyond attention-grabbing predictions from housing “experts” that housing is bottoming. The numbers are now convincing. Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. “We finally saw some rising home prices,” S&P’s David Blitzer said a few weeks ago as he reported the …
When selling your home, it’s important to know which repairs and home improvement projects will increase the value of your home and help you get the most interest from home buyers. Use this checklist to get your house ready for the market. We know that this is a large list and it would be …
The Delaware State Housing Authority has now made its bond program available (offering $10,000 towards a buyer’s closing costs and below market interest rates) to all qualifying buyers. The program was previously only available to first time buyers, but is now welcoming everyone. The $10,000 is a grant that must be repaid, but there are …
Home equity in the first quarter rose to $6.7 trillion, the highest level since 2008, as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay down principal. The 7.3 percent gain was the biggest jump in more than 60 years, according to an analysis by Bloomberg …
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