Hi everyone. I know that things have been a little quite here at HIB recently. I’m sorry about that.
I’ve been a little busy of late, but I also lost a bit of my enthusiasm for the housing game. I’m sure that a lot of you out there have experience some similar type of “house hunting fatigue”.
However, I’ve notice a bit of movement in pricing of late. I think we may actually be seeing the ice start to break. Time will tell, but I’m feeling mildly optimistic.
Anyway, I’ve got three open houses to write up that I was over the past weeks. I hope to have that up by tomorrow or Tuesday the latest. I also have a guest post penned by HIB’s resident bubble head. So I should have some good stuff for you this week, then I’ll be back on the treadmill.
In the mean time, check out this great post by my friend and Mortgage consigliere, Trevor Curran. It’s a quick overview of the FHA 203k Rehabilitation Loan, a program wherein the Lender provides you with the money to purchase the home (acquisition) combined with the money to improve the home (construction) in one closing and with a single 30year fixed mortgage payment. There are at least a few houses around the Village that would be perfect for this sort of loan.