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New home loan borrowers are lapping up at an increasing rate the range of ongoing discount products on offer. Every state saw a rise in demand for this loan type during April as it reached a high of 30% of Mortgage Choice's new loan approvals nationally.

Read India's leading commercial banks, State Bank of India (SBI), is planning to launch a new home loan campaign called 'My Home' Latest News Update at PaisaWaisa.com

Federal Home Loan Mortgage Corporation foreclosures declined in Pennsylvania in February 2011. Neighbor state New Jersey also posted a decline for the month.

Home Mortgage Tutorial

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Home Mortgage Refinancing

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Home Mortgage Tutorial

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More repossession homes and foreclosed homeowners in Nevada are opting to abandon their houses. Analysts stated that a big number could have paid their loans.

Tax foreclosure properties and bank foreclosures continue to weigh down home prices in Ohio. The state is also facing underwater mortgage problems of over 20%.

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Arizona has sued Bank of America for allegedly misleading foreclosure owners seeking loan modification. The state alleges that the lender has contributed to the high number of residential and condo repossessed houses in the area.

There are more 3 BHK's apartments than 2 BHK ones so if u need to take a decision do not waste a long time. Its HIDCO approved property. Banks Issuing Home loans in Unitech Vistas include HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India, DHFL, IDBI Bank and ICICI Bank.

From August this year the State Goverment is changing the way stamp duty is calculated for the purchase of property. No longer will there be different levels of stamp duty for investors and owner-occupiers. One size fits all. So if you are a future buyer, or if you are a Real Estate Agent then how will they affect you? Listed below is the old figure alongside what you will pay post August 1st.

The NRAS is a Federal and State initiative designed to stimulate the rental market. What it has turned out to be is a real boom for investors, gosh! Where do I sign? It should be noted that the National Rental Assistance Scheme is not designed as a social welfare program but was seen as a necessity to supply a shortfall of rental accommodation evident in the market, primarily for the target market of essential services workers (Fire, Nurses, Teachers, Police etc) NRAS provides investors with TAX FREE incentives of up to $8,672 per dwelling per year for the first ten years. This can be taken as cash, or as Tax Credits. For the incentive, owners agree to rent the houses out at a discount of between 20 - 25% of the market rate. The rental is administered by QAHC on a 10 year lease which provides security, income is indexed every year AND independently assessed to market in years 1, 4 and 7. At the completion of the 10 year lease the property is fully reconditioned and handed back. Banks will still lend against NRAS properties to 85% as a rule of thumb, anything over 70% though is mortgage insured. For further information on the NRAS scheme call me on 5474 4100 any time.

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