Buffalo Real Estate News

Buyer Articles

• Buffalo Home For Sale – 678 Minnesota Avenue Buffalo NY 14215 $59,000
• Is it time to lock your Buffalo Mortgage Rate?
• Buffalo Real Estate News for Home Buyers
• Easy steps to save for the down payment for your new home!

Seller Articles

Fall Home Staging Tips for your WNY Home!

How Buffalonians can invest like Warren Buffet!

Before you consider being your own Real Estate Agent, consider these questions!Community Articles

• Good Morning Niagara Falls! Photos from this morning’s Live Broadcast of Good Morning America!
• On 9/11 Remember your local heros – our Police and Fire Departments

General Real Estate Articles

• How the *&%#$! did the mortgage crisis begin?
• Fannie Feddie Take Over information for Western New Yorkers!
• What the Fannie Mae and Freddie Mac take over means to Western New Yorkers

Market Reports

• West Seneca Market Report September 2008
• Orchard Park Market Report September 2008
• Hamburg Real Estate News September 3, 2008
• Amherst NY Real Estate News for September 2008

Real Estate Articles of Interest

Here are some recent Real Estate Articles that may interest you….

• Your Buffalo Home – Selecting the Right Real Estate Agent to Represent YOU!
• You Need to Get Serious to Get Your Home SOLD!
• The American Saftey Standard gets a Facelift!
• Looking at the Erie County Real Estate Trends
• Buffalo Real Estate News September 26, 2008
• Real Estate News for Western New Yorkers September 16,2008
• Buffalo Real Estate News for Home Buyers
• Why pricing is so important in the sale of your Buffalo home!
• Is your Buffalo Realtor® telling you what you need to hear or what you want to hear?
• My Buffalo home is about to expire!

What is FHA Financing?

Who is the FHA

FHA – Federal Housing Administration is an agency of the U.S. Department of Housing and Urban Development (HUD). Its main activity is the insuring of residential mortgage loans made by private lenders. The FHA sets standards for construction and underwriting but does not lend money or plan or construct housing.

You hear about them most often in connection with FHA Loans.

Read Also:  Foreclosure
Resources for Troubled Homeowners

There are lots of good reasons to choose an FHA loan, especially if one or more of the following apply to you:
You’re a first-time home buyer
You don’t have a lot of money to put on a downpayment on a house. 
You want to keep your monthly payments as low as possible
You’re worried about your monthly payments going up
You’re worried about qualifying for a loan
You don’t have perfect credit.  They have some wonderful information for both Buyers and Sellers on the FHA website.