Archive for the ‘$8000 tax credit’ Category

HUD FHA FAQs for FTHB Part 2

This is the second in a six part series covering FAQs, Frequently Asked Questions, hopefully to help the FTHB, First Time Home Buyer, make an informed decision about buying a home and why it may be time to buy a home in the Eugene Springfield Oregon area? Read More

HUD FHA FAQs for FTHB Part 1

The government has always be the major source of acronyms in use in the country so I thought I would take advantage of several of them all at once. HUD is Housing and Urban Development, the parent agency of FHA (Federal Housing Administration). FAQs are Frequently Asked Questions and FTHB is First Time Home Buyer. Now that you know the terms, would you like to know why you, as a FTHB, should buy a home in the Eugene Springfield Oregon area? This is the first part of a six part series. Read More

How Long to Close an Oregon FHA Purchase Mortgage?

How long does it take from start to finish in the Eugene/Springfield Oregon area? This is an important question with the time running out on the First Time Home Buyer Tax Credit. The FTHB Tax Credit is available on purchases entered into by April 30 and closed by June 30. Read More

Two Eugene HUD Homes List Price Reductions

Two listings of Eugene homes for sale by the Department of Housing and Urban Development (HUD) are reporting a price reduction today, possibly making them an even bigger deal. These homes, called HUD Homes on are listed the HUD website. These two properties are first offered to people in the Eugene/Springfield, Lane County Oregon area that are going to use them for their primary residence. If there is not enough interest, then they will be offered to anyone. Read More

HUD Homes Excellent Way to Become Oregon Homeowner

As I stated yesterday, HUD Homes are available for the $100 down payment program. However, beside that, you can purchase a HUD Home with $100 down in conjunction with an FHA 203k Streamline purchase of your new home in the Eugene or Creswell Oregon area. Right now, the only HUD Homes listed in Lane County are in Eugene or Creswell. The list changes often however, and you probably should be checking often to see what is available. Read More