Larry "Fly" Young Brentwood Real Estate

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  • HopeOptions4You Launched to Provide Hope & Help for Distressed Homeowners

    In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties and short sale, I have partnered with two other experienced agents and a ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on June 11, 2009
  • HopeOptions4You Launched to Provide Hope & Help for Distressed Homeowners

    In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties and short sale, I have partnered with two other experienced agents and a ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on June 11, 2009
  • Correction - $7500 Tax Credit Is Really a Loan.....

    The recently passed housing law contains a $7500 tax credit for first time buyers but it must be paid back over 15 years. In an  earlier post, prior to passage, I stated (wrongly) that the new law would allow buyer of properties a tax credit of $7500 ($500/year). First time home buyers can get a $7500 tax credit but must pay it back ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on August 7, 2008
  • TAX CREDIT FOR NEW HOME BUYERS - Housing & Economy Recovery Act

      ********* CORRECTION*********  Read article at http://www.fairmark.com/news/08073001-homebuyer-credit.htm for more information on this credit....,.  Congress has passed the Housing and Economy Recovery Act of 2008 (HR3221) and President Bush has stated that he will sign.  One element of this bill is a ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on July 28, 2008
  • HUD Attempting To Stop Down-Payment Assistance Programs - A Time For Action

    The Department of Housing and Urban Development (HUD) has re-issued a proposed rule which would threaten the opportunity for low to moderate income families to access downpayment assistance by eliminating all private downpayment assistance programs. The public comment period ends August 15, 2008. "Preserve private downpayment assistance ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on July 15, 2008
  • FHA to Switch to Risk Based Mortgage Insurance Premiums

    Beginning July 14, 2008 the premium paid for mortgage insurance (MIP) on FHA backed loans. The monthly MIP will increase from .50 percent to .55 percent on all loans without a case number assigned before July 14, 2008. In addition, the Up-Front Mortgage Premiums will be based on risk (FICO scores) and Loan-to-Value ratios ranging from 1.5% to ...
    Posted to Larry "Fly" Young (Weblog) by 535549 on June 21, 2008
  • Bankruptcy Judge Denies Lenders Right to Collect on Stated Income Debt

    A Northern California bankruptcy judge recently ruled that a lender could not collect on a stated income mortgage loan even though the borrowers lied in their application.  Please click on the following link for additional information: http://www.bankrate.com/brm/story_content.asp?story_uid=25550&prodtype=mtg 
    Posted to Larry "Fly" Young (Weblog) by 535549 on June 4, 2008
  • Brentwood Bulletin Board & Forum

    Check out www.BrentwoodConnect.com! It's a great place for current residents as well as those considering relocating to Brentwood to get information and answers to questions about Brentwood, its government, schools, social events and community organizations. You can post your questions and/or read postings and responses from others.
    Posted to Larry "Fly" Young (Weblog) by 535549 on May 23, 2008