Los Angeles, CA., ETH Inc.  The U.S. Housing crisis has  created a huge inventory of bank-owned properties and homes entering the foreclosure process. As a home buyer this presents opportunity find a dream home for pennies on the dollar.

However, buying foreclosures are tricky if you are not familiar with the process and often […]

NEW YORK (CNNMoney.com) — It’s going to be harder to get a government-backed mortgage from now on.
The agency, which insured nearly a third of new mortgages in 2009, will increase the premium it charges for its mortgage insurance and require those with weaker credit scores to come up with larger downpayments.
The FHA will also […]

NEW YORK (CNNMoney.com) — Good news homebuyers: You can file for your $8,000 first-time buyer tax credit again.
Bad news: You still can’t e-file your taxes if you want the cash. And there are long delays.
On Thursday, CNNMoney revealed that buyers who purchased their properties after Nov. 6 were unable to claim […]