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February 2012 - Posts

How to Claim Your 2011 Energy Tax Credits

Click on the link below to find out how to claim your tax credits. http://www.houselogic.com/home-advice/tax-credits/how-to-collect-2011-tax-energy-credits/#ixzz1nG0qiDgM
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National Association of Realtors Sets It Straight

Incorrect Rumors About 3.8% Transfer Tax Persist For the third time in the past six months, NAR is being inundated with questions about a real estate transfer tax enacted as part of the Health Care reforms in 2010. THERE IS NO SUCH TAX. A viral Internet

Getting approved for a Loan

Taking out a loan can be the most stressful part of the home-buying process. Transactions typically take at least a month to complete. Having your financial situation scrutinized can be an uncomfortable process. Worrying about whether you will be approved
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FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales

By: Carrie Bay The Federal Housing Administration ( FHA ) is extending the temporary waiver of its property anti-flipping rule through the end of 2012. FHA rules typically prohibit insuring a mortgage on a home owned by the seller for less than 90 days.
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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher
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2011-2012 Cost vs. Value: Which Remodeling Projects Pay Off the Most?

By Melissa Dittmann Tracey, REALTOR® Magazine When tackling home remodeling projects, you’ll find some projects pay off more than others at times of resale. Remodeling Magazine , in conjunction with REALTOR® Magazine, recently released findings
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