Standard Pacific Townhomes Buyer Incentives

Waterlynn features Standard Pacifi’s popular Village Collection of townhomes with 2-3 bedroom plans ranging from 1,096 – 1,460 square feet with a limited number of First Floor Master Bedroom end units and detached garage units available. The townhome buildings encircle a landscaped open space bordered with sidewalks and homeowner’s in Waterlynn will be able to enjoy the community pool with water park! (more…)

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100% USDA Loans Are Available Again!

Funding for USDA 100% financing ran out a few months ago. But, it’s back!

It is official as of today….the rural housing mort­gage program from the United States Department of Agriculture (USDA) is back.  Yes, the same people that certify our beef at the grocery store offer a mortgage program. (more…)

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Home Ownership Still The Core of The American Dream

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A recent Fannie Mae study reveals that the majority of Americans still aspire to own a home – and for good reason. Owning a home is critical to financial stability and wealth building. A home serves as a forced savings account and provides a solid asset, as well as a place to live. Despite the recent market upheaval, the vast majority of Americans still consider home ownership to be important to the economy and preferable to renting. Since the end of World War II, promoting home ownership has been high on the list of the federal government’s priorities, and will continue to be so. (more…)
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Ownership Costs Are Dropping Below Rental Costs!

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The recent downturn in the housing market resulted in a drop in rental rates, but rents are back on the rise while the cost of home ownership has dropped.

As the chart below indicates, as average apartment rental rates have slightly decreased, the decline has been moderate in comparison to home values, which have declined nationwide by 30 to 40 percent since the peak of the housing boom. (more…)

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Lenders Are Back In The Game

The subprime mortgage crisis brought underwriting standards back into the mortgage origination process. And while the final quarter of 2009’s financial meltdown led to a sense that financing had dried up, mortgage funds are now available.

“If you have a job and can afford the payment, chances are you’ll qualify for a mortgage,” says David Reed, a mortgage banker and author of Mortgage Confidential: What You Need to Know That Your Lender Won’t Tell You. (more…)

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