Aug 26
Robert Enriquez asked:

From the beginning in 1934, FHA has helped almost 35 million homeowners, making it the biggest insurer of mortgages in the world. The 109th Congress introduced the Expanding American Homeownership Act in June 2006 which would enable FHA mortgage loans to be a safe option for more underserved low-and moderate-income, and minority families so they can achieve the American Dream of homeownership. President Bush also urged Congress to quickly pass the Administration’s FHA modernization proposal to help more families in need. The Current FHA mortgage rate has dropped to 5.500% – APR 5.830%. This is great news for those seeking a mortgage from FHA.

The FHA home loans have been helping many borrowers seeking a low down payment mortgage program, and also for those that need a bad credit mortgage. FHA mortgages can help a 1st time home buyer or 2nd time home buyer. You’re able to use the FHA loan as many times as you move to a new home.

FHA home refinancing has also been helping those borrowers in 2/28 ARMs, and someone who is just looking for a low FHA mortgage rate. FHA cash out refinances may go up to 95% of the loan to value, and FHA rate/term refinances may go up to 97.75% of the loan to value.

The (HUD) Department of Housing & Urban Development is the federal agency responsible for national policy, and mortgage programs that address the housing needs of United States. The (FHA) Federal Housing Authority which is under HUD plays a major role in helping homeownership by evaluation homeownership for lower-and moderate-income homeowners. FHA helps first-time home buyers, and others who might not be able to meet down payment guidelines for conventional/conforming mortgage loans by providing mortgage insurance (MIP) to private mortgage lenders.

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Aug 24
balvir.nh2009 asked:

This article is designed to provide you with the details on how government seized auctions work and how they can get you the best deal on used car. Specifics may vary from auction to auction; however, the following information includes helpful and important guidelines from which everyone can benefit.

Government seized auctions are a great place to pick up high end luxury car at a fraction of its original retail price. For more details go to: Have you ever pulled up next to a fully loaded Mercedes at a stop light, glanced over and noticed that the driver is barely out of high school? How could they possibly afford the car payment on that kind of ride? Well, they probably purchased the vehicle at a government seized car auction and paid next to nothing for it.

If you have ever dreamed about owning a high-end luxury car or a customized vehicle loaded with aftermarket parts and accessories, you’ve probably done just that – dreamed about it. Paying retail price for a car like that can put a huge dent in your wallet or your savings account. However, you can get a car like that for much less.

Government car auctions get their supply from criminals. When someone is convicted of a crime, like drug trafficking, the government can seize their assets, including their vehicle. Bad for the criminals but good for you! Government seized automobiles are usually luxury vehicles – BMW, Cadillac, Mercedes, Infiniti, Lexus – and sometimes you may even come across and exotic import like an Aston Martin, Maserati, Ferrari or even a Lamborghini! Not many people can afford a car like this, but it’s possible if you attend a government seized auto auction.

It costs a lot of money to store cars. That’s why government agencies are quick to liquidate their surplus auto inventory as quickly as possible so that they can save money. Government car auctions may also feature their own surplus vehicles, or those no longer needed. For help visit: these can be passenger vehicles, decoy cars, heavy equipment or even motorcycles, bicycles and ATVs. Other cars features at government auctions are retired police cars or fleet vehicles. These kinds of automobiles are replaced regularly by their respective agencies and are usually domestic cars with high mileage that have been meticulously maintained. You are much more likely to receive vehicle history with a government-owned and operated vehicle than you are a seized vehicle. Keep this in mind if vehicle history is important to you.

There are literally thousands of vehicles available at government seized car auctions. There could be an awesome bargain right around the corner from where you live and you may never know it if you’re not looking. If you’re in the market for a car, especially a high end luxury car, and you don’t want to pay full retail price, government car auctions are the way to go! You will find some of the best values in the car auction market without sacrificing all of your money.

Aug 21
search rankpros asked:

February is sometimes referred to as the dead of winter. It’s a short month but usually cold and snowy, and often cabin fever sets in. Many schools close down for a ‘winter break’ and parents scramble to find something to do as a family. The economy has most families squeaking by and looking for low cost or free activities. If you’ve been putting off finding a used car, why not take advantage of a free auto auction through Capital Auto Auction? Attending a car auction through Capital Auto Auction is free and can be an exciting and fun way to pick out a family car together.

Instead of spending hours and days weeks dragging from one used car lot to the other, you and your family can spend a few hours together in one location looking at hundreds of used cars. Capital Auto Auction holds auctions every week that are open to the general public. There are thousands of cars and vans to choose from and there is a vehicle to match every budget. If you are shopping for a van for the family and have a limited amount of money to spend, you are sure to find something that meets your needs. Auctions take place regularly in Pennsylvania, Maryland, New Hampshire and Washington D.C. so your family can make a day trip out of finding a used vehicle.

In order to get the most from your auction experience, you can visit before planning your trip to see a sampling of featured vehicles. The site is complete with pictures, vehicle information, vehicle options and a condition report for each car, truck or van. This description of the vehicle will let you even know how the vehicle was attained by Capital Auto Auction.

Once you have found a location that is convenient for you to attend, be sure to have a valid driver’s license with you on the day of the auction you intend to attend. If you have already have a car in mind that you would like to buy at the auction, be sure to have a payment for a deposit in the accepted forms of cash, U.S. Certified check, Visa or MasterCard. Bids start as low as $100 but can go as high as $500 depending on the cost of the car.

If last minute changes in your plans finds you and your family unable to travel to one of our auction sites, you can still shop from the warmth and comfort of your home by visiting the live internet auto auction. The live internet auto auction makes it possible for you to still attend an auction and find a great used family vehicle. You can simply click on a featured car and see if the vehicle is listed in the live auction webcast. You can also find out the live start time of the auction, the status of the car and the most current bid.

Registering for the live auto internet auction is free and can be done at the site in a matter of minutes.

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