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Virginia Ranked #19 in Bank Rate Closing Cost Survey

Virginia is ranked #19 as far as the cost of closing costs by state for purchasers. To read the full article go to http://rismedia.com/2010-08-16/what-state-has-highest-closing-costs-bankrate-com-releases-2010-closing-costs-survey/ . Researchers requested

Using The Tax Credit Towards Your Downpayment on an FHA Loan

Virginia is one of the 11 states where first time home buyers may use the credit towards their down payment. I am attaching an informative flyer that you may download which has been provided by the National Association of Realtors. This can be used in

HUD: Tax Credit Can Be Used on Closing Costs

FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development