• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

FHA Change Adds 2.5 Million Potential Boomerang Buyers Two Years Ahead of Schedule

Source: Daren Blomquist, Contributor – Source Post Up to 2.5 million formerly foreclosed homeowners — or those who sold while in the foreclosure process — could be re-entering the housing market as buyers much faster than anticipated thanks to a recent change in Federal Housing Administration (FHA) guidelines.   Close to 2.5 million additional boomerang buyers who lost their home to foreclosure or short sale in the past two years now could be

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HUD postpones ban on dual agency in FHA short sales

By: Andrea V. Brambila HUD postpones ban on dual agency in FHA short sales In what appears to be a coup for the National Association of Realtors, a policy originally slated to take effect on Oct. 1 banning real estate agents and brokers from representing both a buyer and a seller in an FHA short-sale transaction has been postponed. The U.S. Department of Housing and Urban Development (HUD) issued a letter to mortgage servicers

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West Palm Beach Recovery’s New Obstacle: Not Enough Homes for Sale

  So the market’s recovering, interest rates are low, and you think you’re finally ready to buy a home? Not so fast. Buyers across the country are running into a new roadblock: there don’t seem to be enough homes for sale. Anyone who has looked at entry- to mid-level homes for sale in our neighborhoods probably knows what I mean. Mortgage rates remain near historic lows, and as the prices of homes

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West Palm Beach Home Sales Prospects: Anything But “Calm”!

      Last week, West Palm Beach home sellers saw more than the usual number of reasons to look forward to this spring’s West Palm Beach home sales selling season. It looked like the opposite of the lengthy real estate “Perfect Storm” that caused freefall across the national landscape. Signs pointed to the possibility that we may be headed into the opposite market conditions. Webster’s Dictionary says the opposite of ‘storm’ is ‘calm’

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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