Just saw an article on Realty times that says the seller assist on FHA loans will now only be 3% instead of the current 6% allowed...BUT good news is that the required 3.5% down remains the same...How will this effect of your business for 2010?
Well for me, buyers who are cash strapped must now turn to other sources of cash which obviously will hurt their ability to purchase! Hope this is not too drastic, but I think it will be OK.
OK All, here I go...what do I talk about first? How about thanks to all for making this site a great resource for all of those involved in Real Estate. I've always wanted to get more involved with all the great tools at our disposal and this seems like a great place to start....any suggestions to be a "great blogger?"
Brian Hicks
Prudential Fox and Roach REALTORS
Doylestown PA
www.CentralBucksCounty.com
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