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March 2009 - Posts

• Watch out for martgage rates when gas prices rise.

  Don't look now but oil prices are climbing. This should worry today's home buyers and would-be refinancers because some of the same forces that helped to push crude past $50 for the first time in 4 months also cause mortgage rates to rise. March Read More... Posted Friday, March 27, 2009 10:48 AM by Phil & Sheryl Robinson | 1 Comments Filed under: Market Conditions, Finances, Buyer Information, First time home buyers

• Send a friend a bailout check from Bank of Obama! What?

  Since so many companies are getting bailed out, a group of friends from Texas built a website that allows you to send “bailout checks” to people you know. The web site is called www.bankofobama.org . Just go to the home page, fill in the recipient, Read More... Posted Tuesday, March 10, 2009 4:49 PM by Phil & Sheryl Robinson | 0 Comments Filed under: Announcements, Industry

• First Time Home Buyer Credit Form.

  As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 -- better known as the First-Time Homebuyer Credit Form. True to tax code standards, the 10-field form is accompanied by 3 pages of instructions. Read More... Posted Monday, March 09, 2009 2:49 PM by Phil & Sheryl Robinson | 0 Comments Filed under: Buyer Information, First time home buyers

• Power Ranch Spring Garage Sale

  Saturday April 18th 2009 7am to 1pm. The Power Ranch Comunity will be holding its spring garage sale. Residents can make a little extra cash and clean out that garage by taking part in the Annual Spring Garage Sale. The Power Ranch home owners association Read More... Posted Monday, March 09, 2009 1:08 PM by Phil & Sheryl Robinson | 0 Comments Filed under: Events, Community Information

• It's Called A Buyers Market For A Reason

  Turn on the TV or open a news paper and you will find lots of news about foreclosures and sellers not being able to pay their mortgages and how difficult it is to sell a home right now. Compare that to 2005 when the shoe was on the other foot and it was Read More... Posted Tuesday, March 03, 2009 12:24 PM by Phil & Sheryl Robinson | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information, First time home buyers

• Can You Guess What Percetage of Mortgaes Are Still Paid On-Time?

  Mortgage delinquencies are on the rise nationwide, but the news may not be as bad as it appears at first glance. Using anonymous data from its national credit database, TransUnion reports that 4.58 percent of American homeowners were at least 60 days Read More... Posted Tuesday, March 03, 2009 11:14 AM by Phil & Sheryl Robinson | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, First time home buyers