Real Estate News
This week, the biggest news actually happened last week. The extension of the First Time Home Buyer Tax Credit was signed into law on Friday.
The topics highlighted this week are:
The Fannie Mae Deed for Lease Program: giving the home back to Fannie Mae and then renting it at current market value. This could be a good option for someone who's been unable to qualify for a loan modification yet is able to afford current rental rates. This also allows the owner/tenant to save the cost of moving.
