Extend Mortgage Cancellation Tax Relief. The National Association of REALTORS® sent out a call to action to its million-plus members this weekend, urging them to support an extension of tax relief on mortgage forgiveness. Under federal law, cancelled debt is generally considered taxable income. Since 2007, however, the Mortgage Forgiveness Debt Relief Act has …
Tag: Anthony DiDonato
Nov 06
Foreclosed Home Owners Rebound Faster With FHA Loans
Foreclosed Home Owners Rebound Faster With FHA Loans. Home owners who experienced foreclosures are finding themselves owning again sometimes only three years later—possibly even less—with FHA loans. Mortgage giants Fannie Mae and Freddie Mac usually require a seven-year wait following a foreclosure. However, FHA loans will approve loans after three years, if the borrower can show …
Nov 05
825 Valley View Road, Media PA 19063 home for sale
825 Valley View Road, Media PA 19063 home for sale. Price: $290,000 Est. payment: $1,299/mo Bedrooms: 3 Bathrooms: 1 full, 1 partial Property type: Single-Family Home Size: 1,520 sqft Lot: 6,098 sqft Price/sqft: $191/sqft Year built: 1955 MLS/ID: 6131159 Zip: 19063 Come see this Pottery Barn home for sale at 825 Valley View Road, Media …
Nov 05
Homes Are Selling Faster as Inventories Fall
Homes Are Selling Faster as Inventories Fall. The median time a home is on the market nationwide? Just 69 days. The number of days on the market nationwide has fallen nearly 30 percent from year-ago levels. Meanwhile, inventory levels are hovering at all-time lows, with the number of homes for-sale down 31.2 percent from a …
Nov 05
Home Ownership Rate to Rise Soon?
Home Ownership Rate to Rise Soon? Another sign economic recovery: The home ownership rate is no longer falling. It remained unchanged from the previous quarter, standing at 65.5 percent in the third quarter, the Commerce Department reported this week. A year ago, the home ownership rate stood at 66.3 percent. The home ownership rate is …
Nov 02
442 Lynbrooke Road, Springfield PA 19064 home for sale
442 Lynbrooke Road, Springfield PA 19064 home for sale in Delaware County. Price: $295,000 Est. payment: $1,322/mo Bedrooms: 3 Bathrooms: 2 full, 1 partial Property type: Single-Family Home Size: 1,612 sqft Lot: 9,583 sqft Price/sqft: $183/sqft Year built: 1950 MLS/ID: 6128301 Zip: 19064 Beautiful Brick Colonial home for sale at 442 Lynbrooke Road, Springfield PA …
Nov 02
Foreclosures on homes Make Less of a Dent in Market
Foreclosures on homes Make Less of a Dent in Market. Foreclosures continue to fall as the number of short sales inch up, according to CoreLogic’s National Foreclosure Report for September. “The continuing downward trend in foreclosures along with a gradual clearing of the shadow inventory are signs of stabilization and improvement in the housing market,” …
Nov 02
5 Penn Charter Drive, Media PA 19063 home for sale
5 Penn Charter Drive, Media PA 19063 home for sale in Delaware County. Price: $220,000 Est. payment: $985/mo Bedrooms: 3 Bathrooms: 1 full, 1 partial Property type: Single-Family Home Size: 1,054 sqft Lot: Ask agent Price/sqft: $209/sqft Year built: 1958 MLS/ID: 6128623 Zip: 19063 Well maintained three bedroom 1 1/2 bath Ranch home for sale …
Nov 01
Freddie Mac & Fannie Mae Offer Mortgage Aid to Sandy Victims
Freddie Mac & Fannie Mae Offer Mortgage Aid to Sandy Victims Borrowers with Freddie Mac or Fannie Mae-backed loans who suffered damage to their homes by Hurricane Sandy may qualify for temporary forbearance on their mortgages. Affected home owners with Freddie Mac-backed loans may be eligible for forbearance for up to a year on their …
Nov 01
353 Sussex Boulevard, Broomall PA 19008 home for sale
353 Sussex Boulevard, Broomall PA 19008 home for sale. Price: $320,000 Est. payment: $1,434/mo Bedrooms: 4 Bathrooms: 2 Property type: Single-Family Home Size: 2,060 sqft Lot: 7,840 sqft Price/sqft: $155/sqft Year built: Ask agent MLS/ID: 6128786 Zip: 19008 Single Family/Detached, Rancher home for sale at 353 Sussex Boulevard, Broomall PA 19008 Welcome to this well …
Nov 01
425 Garden Road, Springfield PA 19064 home for sale
425 Garden Road, Springfield PA 19064 home for sale. Price: $315,000 Est. payment: $1,411/mo Bedrooms: 4 Bathrooms: 1 full, 3 partial Property type: Single-Family Home Size: Ask agent Lot: 0.3 acres Price/sqft: Ask agent Year built: 1950 MLS/ID: 6128450 Zip: 19064 Detached, Colonial home for sale at 425 Garden Road, Springfield PA 19064 Updated classic …
Oct 31
160 Park Place, Media PA 19063 home for sale
160 Park Place, Media PA 19063 home for sale. Price: $399,900 Est. payment: $1,792/mo Bedrooms: 3 Bathrooms: 3 full, 1 partial Property type: Townhome Size: Ask agent Lot: Ask agent Price/sqft: Ask agent Year built: 1991 MLS/ID: 6129651 Zip: 19063 Row/Townhouse, Tudor home for sale at 160 Park Place, Media PA 19063 Easy Living in …