Wednesday, June 9, 2010

Real estate news update: 6-09

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

About credits toward closing costs
After a home inspection, its not unusual for a buyer to ask a seller to correct some defect in the home that wasnt obvious when the buyer and seller agreed on the price.
Realtors want Congress to tweak the tax credit timeline
Wall Street Journal: The NAR and its members are asking Congress for flexibility with the June 30 deadline, but it is unclear when�or even if�something would happen.
Borrowers: Beware the second credit report
Smart Money: Your lender might be checking up on you up until the day you close and that letter of approval may not be the last word on your loan.
Tiger Woods opens DC learning centers
Washington Business Journal: The foundation is evaluating a partnership with the D.C. Public School System for more learning centers in the District.
Americas best places to raise a family
Forbes: The top 10 cities for families arent flashy. Most dont draw throngs of tourists or boast enviable night life. But then thats not what most families are looking for.
Area prices climb in May
Washington Examiner
: Mortgage rates holding near record lows, combined with the expiration of the expanded tax credit in April, have helped propel the market in recent months.

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Headlines compiled by Strategic Research.

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