Contrary to some reports, the Housing bill being considered in Congress this week does NOT eliminate all downpayment assistance programs from eligibility for FHA insurance. The legislation would only prohibit seller-funded downpayment assistance, or assistance from someone who financially benefits from the transaction.
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REALTOR® Day at the Parade of Homes hosted by Solterra will be held Friday, July 25th from noon to 4pm. All licensed REALTORS® are invited for lunch and refreshments, followed by a self-tour of the Parade of Homes. PLEASE NOTE: For entrance, REALTORS® must present a business card and photo identification at the door.
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If you're a homeowner who's falling behind on your mortgage payments, please -- take action now to improve your chances of working out your situation by calling the Colorado Foreclosure Hotline.
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Premature, unnessary, and irresponsible are some of the words that Colorado Lawmakers used when describing President Bush's and the Interior Department's proposed rules yesterday. More notably Governor Ritter and Senator Ken Salazar are adamantly against the proposal.
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The National Association of REALTORS® (NAR) is supporting a letter written by American Land Title Association urging lawmakers to sign a letter to Housing Secretary Steve Preston to scrap proposed changes to the Real Estate Settlement Procedures Act and work with the Federal Reserve on simplified loan disclosure forms instead.
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