Tuesday, December 31, 2013
Monday, December 30, 2013
Casa Grande Home of the Week
2497 E Hancock Trail, Mission Royale, Casa Grande, AZ
Bring Your Suitcase because that is all you need to move into this fully furnished 2 Bedroom Golf Course Home, right next to the Mission Royale Clubhouse. Come enjoy the adventures in this lovely 55+ Golf Course Community to include heated pools, spa, exercise facilities, restaurant & bar, library, tennis & pickle ball courts, with endless community activities. This beautifully decorated home features tile countertop in master bath, ceiling fans throughout, all appliances including washer & dryer, water softener, reverse osmosis, and so much more.
THIS IS A MUST SEE!!
Neal Buckner, Broker/Owner
(520) 705-1798
Email: info@eliterealestatepros.com
Tuesday, December 24, 2013
Monday, December 23, 2013
Casa Grande Home of the Week
944 W CROOKED STICK DRIVE, Casa Grande, AZ 85122
Casa Grande Links
Custom Built 3 Bedroom Home with RV Garage sitting on the second hole at Dave White Golf Course! Home features open floor plan with bow window facing the golf course, all appliances included, natural gas dryer, gas stove, upgraded staggered cabinetry with pullouts, beautiful tile backsplash, recessed lighting throughout, large master suite with dressing area, his & her vanities, & snail shower, wood floors in living area and bathrooms, upgraded carpet in bedrooms, fully landscaped low maintenance yard, beautiful tiled back patio with ceiling fans, gas stub for outside BBQ, RV garage with epoxy coating, sani station and water connection, the list goes on. Don’t miss this opportunity to live on the golf course and keep your RV in the garage.
Elite Real Estate Pros
(520) 705-1798
Email: info@eliterealestatepros.com
Monday, December 16, 2013
Casa Grande Home of the Week
1584 E Melrose Drive, Casa Grande, AZ
Neal Buckner, Broker/Owner
(520) 705-1798
Email: info@eliterealestatepros.com
Friday, December 13, 2013
Open House 1404 N Desert Willow Street, Casa Grande, Az
OPEN HOUSE
1404 N DESERT WILLOW STREET, CASA GRANDE, AZ
SATURDAY, DECEMBER 14, 2013
1:00 pm - 4:00 pm
(Click here to view the visual show)
Premium Lot, Price Reduced, Great Buy!
Your home awaits - This 2 Bedroom plus a Den sits on a premium lot in
Ironwood Village 55+ Gated Community
Neal Buckner, Broker/Owner
Elite Real Estate Pros
(520) 705-1798
502 E. Cottonwood Ln., Ste. 11, Casa Grande
Email: info@eliterealestatepros.com
Monday, December 9, 2013
Casa Grande Home of the Week
1574 E Brenda Drive, Casa Grande, AZ
Ironwood Village
Beautifully kept Marigold Model in the lovely Ironwood Village 55+ Gated Community. Home features tile and carpet, granite kitchen countertops, vaulted ceilings, split floor plan, large master with bay window, double sinks, walk-in closet, large guest bedroom with access directly to front bathroom, extended back patio, all this and the HOA takes care of the exterior of home including the landscaping. Come see this home and the community today!
Neal Buckner, Broker/Owner
(520) 705-1798
Email: info@eliterealestatepros.com
HUD ANNOUNCES NEW FHA LOAN LIMITS
HUDNo.13-184
“As the housing market continues its recovery, it is important for
FHA to evaluate the role we need to play,” said FHA Commissioner Carol
Galante. “Implementing lower loan limits is an important and appropriate
step as private capital returns to portions of the market and enables
FHA to concentrate on those borrowers that are still underserved.”
The current standard loan limit for areas where housing costs are relatively low will remain unchanged at $271,050. The new national-ceiling loan limit for the very highest cost areas will be reduced from $729,750 to $625,500. Areas are eligible for FHA loan limits above the national standard limit, and up to the national ceiling level, based on median area home prices. Additional information and loan limit adjustments for two-, three-, and four-unit properties, and in Special Exception Areas, are noted in FHA’s mortgagee letter. An attachment to the Mortgagee Letter provides information on which counties are eligible for loan limits above the national standard. Borrowers with existing FHA insured mortgages may continue to utilize FHA’s Streamline refinance program regardless of their loan balance. The changes announced today are effective for case number assignments between January 1, 2014, and December 31, 2014.
This will be the first full implementation of loan-limit calculations under HERA. Approximately 650 counties will have lower limits as a result of this change in the governing law. The higher limits that have been in place for six years were established by the Economic Stimulus Act of 2008 as emergency measures to assure that mortgage credit was widely available during a time when private lending options were severely constrained. The lower loan limits under HERA were originally scheduled to take effect in January of 2009, however, due to continuing strains in credit markets, Congress delayed implementation several times.
The mortgage loan limits for FHA-insured reverse mortgages will remain unchanged. The FHA reverse-mortgage product, known as the Home Equity Conversion Mortgage (HECM), will continue to have a maximum claim amount of $625,500, with actual loan limits based on property value, borrower age, and current interest rates. Reverse mortgages allow homeowners age 62 and older to age in place by borrowing against the value of their homes without any requirements for monthly payments; no repayment is required as long as a homeowner lives in the home. The reverse mortgage is repaid, with interest, when the homeowner leaves the home.
View the mortgagee letter and county limits here.
Lemar Wooley
(202) 708-0685 |
FOR RELEASE Friday December 6, 2013 |
HUD ANNOUNCES NEW FHA LOAN LIMITS TO TAKE EFFECT JANUARY 1ST
Loan limits for highest cost areas of the country to be reduced
Loan limits for highest cost areas of the country to be reduced
WASHINGTON – Today the Department of Housing and Urban Development (HUD)
announced that it will implement new FHA single-family loan limits on
January 1, 2014, as specified by the Housing and Economic Recovery Act
of 2008 (HERA). Read FHA’s mortgagee letter detailing the agency’s new loan limits.
The current standard loan limit for areas where housing costs are relatively low will remain unchanged at $271,050. The new national-ceiling loan limit for the very highest cost areas will be reduced from $729,750 to $625,500. Areas are eligible for FHA loan limits above the national standard limit, and up to the national ceiling level, based on median area home prices. Additional information and loan limit adjustments for two-, three-, and four-unit properties, and in Special Exception Areas, are noted in FHA’s mortgagee letter. An attachment to the Mortgagee Letter provides information on which counties are eligible for loan limits above the national standard. Borrowers with existing FHA insured mortgages may continue to utilize FHA’s Streamline refinance program regardless of their loan balance. The changes announced today are effective for case number assignments between January 1, 2014, and December 31, 2014.
This will be the first full implementation of loan-limit calculations under HERA. Approximately 650 counties will have lower limits as a result of this change in the governing law. The higher limits that have been in place for six years were established by the Economic Stimulus Act of 2008 as emergency measures to assure that mortgage credit was widely available during a time when private lending options were severely constrained. The lower loan limits under HERA were originally scheduled to take effect in January of 2009, however, due to continuing strains in credit markets, Congress delayed implementation several times.
The mortgage loan limits for FHA-insured reverse mortgages will remain unchanged. The FHA reverse-mortgage product, known as the Home Equity Conversion Mortgage (HECM), will continue to have a maximum claim amount of $625,500, with actual loan limits based on property value, borrower age, and current interest rates. Reverse mortgages allow homeowners age 62 and older to age in place by borrowing against the value of their homes without any requirements for monthly payments; no repayment is required as long as a homeowner lives in the home. The reverse mortgage is repaid, with interest, when the homeowner leaves the home.
View the mortgagee letter and county limits here.
###
HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes
for all.
HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at www.hud.gov and
http://espanol.hud.gov. You can also follow HUD on twitter @HUDGov, on facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's Email List.
HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at www.hud.gov and
http://espanol.hud.gov. You can also follow HUD on twitter @HUDGov, on facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's Email List.
Monday, December 2, 2013
Casa Grande Home of the Week
1574 E Brenda Drive, Casa Grande, AZ
Beautifully kept Marigold Model in the lovely Ironwood Village 55+ Gated Community. Home features tile and carpet, granite kitchen countertops, vaulted ceilings, split floor plan, large master with bay window, double sinks, walk-in closet, large guest bedroom with access directly to front bathroom, extended back patio, all this and the HOA takes care of the exterior of home including the landscaping. Come see this home and the community today!
Neal Buckner, Broker/Owner
(520) 705-1798
Email: info@eliterealestatepros.com
Subscribe to:
Posts (Atom)
Add to your Favorites
