New FHA Underwriting Guidelines

If you are thinking about purchasing a Naples home or condo after April 1st using FHA financing need to be aware of new underwriting guidelines.

Starting April 1, 2012, the Federal Housing Administration (FHA) will change how it considers ongoing credit disputes – such as bad debt collection agency claims on a buyer’s credit report – when approving FHA mortgage applications. The change does not impact any debt the home buyer still owes – only debts in dispute. [Read more...]

A Friend in Need – Helping Other People

Yesterday, I was informed of a very close and dear friend, Charles Richey, had been hospitalized with Guillain-Barre Syndrome. This particular disease afflicts the nervous system and the inflicted individual looses the use of all their limbs and ability to swallow.

Charles has helped me with my website on many occasions and has always been there to just to talk or give me encouragement when things were rough for me. There are many real estate agents through the United States that have benefited from his assistance. In addition, Charles, is very active in the Las Vegas area with animal rescue organizations. Many times when we talk he will tell me about a new dog that he has staying with him until a home can be found.

Charles does not have any health insurance at this time and with the overall real estate market not as strong as it has been, he will be incurring substantial hospital, physician, and after inpatient care – if you have been hospitalized you may have some idea of what Charles will be facing in the future.

On the Internet, we meet many people and may not meet them in person. So when a call goes out to help another- the internet is a power vehicle to get the word out. I have been lucky to meet Charles and his wife Jacqui in person and have had dinner with them.

You may not know Charles Richey from Las Vegas, but perhaps you know someone that has been striken with this disease and can offer comforting words of advice for this family or if you are so inclined to assist Charles you can visit this site or click on the graphic below.

Donate to the Charles Richey Fund

Thank you for reading this post and any assistance you can offer Charles Richey from Las Vegas.

Blog Makes Top 100 Real Estate Blogs

Today, I was very surprised to find this blog to ranked in the Top 100 Real Estate Blogs as per Top 100 Real Estate Blogs.

The ranking is determined by Google Page Rank, Technorati Rank, and Alexa rankings.

The blog is entitled Naples Real Estate News and Market Updates and does cover the communities of Bonita Springs and Estero as well.

Thank you – Top 100 Real Estate Blogs. 

Naples Real Estate News – 09/19/07

Good news today comes out of the federal government – fed rate reduced by 50 basis points and Congress proposes an increase in FHA’s insurable levels.  The bad news – foreclosures are up significantly. [Read more...]

WARNING: Credit Repair Scams

Are you credit scores low? What can your credit score impact? Many people are not aware that their credit scores could affect their employment or employability. Now the a once quiet cottage industry (several have popped up in the Naples area) – credit repair companies are starting to appear on the horizon. Is this a solution for you? Are the results guaranteed?

[Read more...]