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Archive for September, 2009

The increase in foreclosures has increased the number of houses listed for sale in Delaware that are owned by banks.  The banks have taken the homes by foreclosing.  The banks list the properties for sale in “as is” condition.  This makes it tough for qualified buyers to purchase some of these [...]

There will be a Free Delaware First Time Home Buyer Seminar on Saturday October 3, 2009 at 10:00 AM and again at 1:00 PM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of [...]

Fannie Mae has rolled out new lending guidelines on Tuesday, September 1, 2009.   Being approved for a Delaware Conventional home loan could be much more difficult.  The new rules mark the first major underwriting update since April of this year.  The changes are mostly geared at fraud prevention.  Among the updates:

Stock options are no longer eligible for “reserves”
Relocating [...]

The Delaware State University Football Schedule for 2009 is as follows;
September 5 – Florida A&M – Away Game
September 19 – Delaware – Away Game
September 26 – Hampton – Away Game
October 10 – Bethune-Cookman at Home
October 17 – Michigan – Away Game
October 24 – Morgan State at Home
October 31 – South Carolina State – Away Game
November [...]

The 2009 Univeristy of Delaware Football Schedule is as follows;
September 4 – West Chester at Home
September 12 – Richmond at Home
September 19 – Delaware State at Home
September 26 – William & Mary – Away Game
October 3 – Maine – Away Game
October 10 – Massachusetts at Home (Parents & Family Weekend)
October – 17 – Towson – [...]

There will be a Free Delaware First Time Home Buyer Seminar on Saturday September 26, 2009 at 10:00 AM and again at 1:00 PM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of [...]

On February 17th, 2009, President Obama signed into law a new economic stimulus plan.  Included in the new plan is a generous tax credit program for first time home buyers.  Some important details of the program are as follows:

Home owners who have not owned a home in the past three years are also eligible.
The Home [...]

There will be a Free Delaware First Time Home Buyer Seminar on Saturday September 12, 2009 at 10:00 AM and again at 1:00 PM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of [...]


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