June 26, 2008
MORTGAGES
No downpayment mortgages have largely disappeared as a financing option from private lenders. But they are still available – and growing more popular – using existing Federal Housing Administration programs in conjunction with nonprofit groups’ downpayment assistance programs – Nehemiah Corporation and AmeriDream.
FLORIDA CONSUMER CONFIDENCE
Higher gas and food prices, continued declines in housing prices and [...]
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June 24, 2008
DOCUMENTARY STAMPS
Effective June 1, the state stopped requiring real estate buyers and sellers to reveal their sales price in sworn government documents, leading local officials to worry about an increase in tax cheats and a decrease in income from documentary stamp taxes. “It’s typical state government: penny-wise and pound-foolish,” says Broward County Property Appraiser Lori [...]
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