Category Archives: down payment

Cash is King

Posted on March 10, 2011 by gatearty

A slew of new rules, regulations and policies have changed the mortgage landscape, thus making buying a new home a bit more difficult & more “expensive.” A few short years ago, first-time buyers accounted for 40% of home sales. Today, that … Continue reading →

Posted in bank, down payment, FHA, investing, mortgage, real estate investing, real estate sales | Leave a comment

Say Goodbye To Fannie Mae & Freddie Mac?

Posted on February 14, 2011 by gatearty

According to a Whitehouse aid, the Obama administration will issue a White Paper later this week recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac.  It will include three different options for reducing the role government … Continue reading →

Posted in down payment, fannie mae, FHA, finance, freddie mac, mortgage | Leave a comment

What is a “FLIP” You Ask?

Posted on January 21, 2011 by gatearty

Some of you may have heard the term “flip” used before in real estate discussions. What is a flip? A classic real-estate flip involves the quick resale of a property at a significantly higher price than the purchaser paid. Typically … Continue reading →

Posted in down payment, FHA, finance, foreclosure, investing, mortgage, real estate investing | 2 Comments

Down Payment Assistance is Fashionable Again?

Posted on January 14, 2011 by gatearty

There are an increasing number of state and local governments nationwide that are now offering down payment assistance programs, grants, or low-interest & no-interest loans to first-time buyers or those who haven’t owned a house in a few years. There … Continue reading →

Posted in down payment, finance, HUD, mortgage | 4 Comments