Category: Home Buying

The Trouble With FHA Loans

A friend sent me the following email, and I had to post it.  According to Snopes.com it’s a recycled bit of fun, but nevertheless I thought it appropriate given the subject … and because I can see it happening.  Ah, bureaucracy … and lawyers. Part of rebuilding New Orleans caused residents often to be challenged with the task of tracing home titles back potentially hundreds of years. With a community rich with history stretching back over two centuries, houses have been passed along through generations of family, sometimes making it quite difficult to establish ownership and to even get loans …

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