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Unfortunately no : ( I sold my house in July so I was hoping for the $6500 credit myself when I heard this passed, but alas, no deal. Straight from the legislation: (j) Effective Dates- (1) IN GENERAL- The amendments made by subsections (b), (c), (d), and (g) shall apply to residences purchased after the date of the enactment of this Act. (2) EXTENSIONS
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Thanks Lea! I will definitely look into that when the time comes. Over the past few weeks we've interviewed realtors and last week picked one. Last night, we signed the selling contract. For now they are just going to push it out to a number of websites and keep it low-key, as I insisted that I did not want a sign out front or, more importantly
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Bob - thank you for the great advice. I will look into the single premium MI - I wasn't aware there was such a thing. I suppose, if it is similar in cost to the VA loan, then it will just boil down to whether one is more attractice to buyers than the other. After a few months of stewing and unhappiness with the situation, this week we're finally
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This past Spring my wife and I sold our house. We had spent 8 years in it, our first home (a townhome in community we really enjoyed living in). We made a very nice profit on it (bought for $130k, sold it for $275k). Our house sold very quickly - 2 days on the market - and it caught us off guard. We were thrilled at the time, but it was stressful trying
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Thanks Jason, I appreciate the reply!
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My wife and I sold our townhouse and purchased a much larger home this past summer (end of July). Due to a number of reasons, my wife and I (but mainly my wife) are not happy with the house and she is insisting on selling and moving back to our old neighborhood this coming Spring. In anticipation of this, I looked through the documentation from the
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I just got an estimated HUD-1 from my realtor (who got it from the title agent). We're closing on 7/31 so she said this is still an estimate. On it there is a $300 Conveyancing Fee on line 1302. This is going to my realtor's broker's office. Is this a normal fee? The realtor is a friend of my wife's and she's giving us a 4.5 (vs
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I'm far from a mortgage professional (I'm just a consumer like you) so take my advice with a grain of salt... I 'relocked' about 2 weeks ago, after having locked in at 5.75 in mid-June after the rates shot up. I've been watching all the relevant graphs/blog posts/reports etc that can affect the mortgage interest rates for a few months
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Thanks for the update! I wound up doing the float-down/re-lock at 5.25, for a half-point fee. About 2 hours afterwards when the financial reports came out that day, the rates immediately dropped 1/8th and all of the analysts (especially the guys on this site) were predicting that rates would be plummeting soon, so I was regretting my decision... ..
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I'm in PA.