Tuesday, September 22, 2009

FHA Loans Update from Realtor.org


FEATURE PROPERTY:This 17.5 acre "piece of heaven" located on Reservoir Road near Victoria offers peace and quiet for the outdoors man or lady looking for a camping and recreation spot or the location for that country get-away or retirement home. Long creek frontage along Modest Creek and only 300 yards on a private lane to some great fishing at the undeveloped Modest Creek reservoir. Check out my United Country website for this and more.

FHA LENDING UPDATE:
With the lending industry still trying to find sure footing, FHA loans are filling the gap for those home buyers looking for alternatives to get their loan approved. More and more consumers are looking to these type loans to get their dream home. And not just the underprivileged have moved in this direction as an alternative to traditional financing.

The National Assoc. of Realtors (NAR) is working hard to keep FHA lending a priority with Congress, and also working to expand its scope of lending. Take a few minutes and check out the following video at: www.realtor.org/home/realtortv.

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