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	<title>First Time Homebuyers - No Downpayment - Fern Poyser - Virtue Realty</title>
	<link>http://wallerhomesandland.com</link>
	<description>Real Estate Info, Tips and Trends</description>
	<lastBuildDate>Thu, 29 Dec 2011 00:27:46 +0000</lastBuildDate>
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		<title>Brand New Homes! No Downpayment! Qualifying is Easier Than You Think!</title>
		<description><![CDATA[If you thought that needing a large downpayment was an obstacle on your road to homeownership, we’ve got great news. This homebuilder&#8217;s No Money Down purchase option has allowed hundreds of buyers just like you to move into a brand new home, oftentimes for less than it was costing them to rent! For those that [...]]]></description>
		<link>http://wallerhomesandland.com/2011/05/no-down-payment-homes/</link>
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		<title>Foreclosure Activity Drops to 3-Year Lows</title>
		<description><![CDATA[New data released from RealtyTrac on Thursday show the foreclosure crisis is easing: Foreclosure notices filed during the first three months of 2011 dropped 27 percent compared with the first quarter of 2010. More than 681,000 homes received a foreclosure filing during the first quarter of 2011. And while 215,046 borrowers lost their homes, that [...]]]></description>
		<link>http://wallerhomesandland.com/2011/04/foreclosure-activity-drops-to-3-year-lows/</link>
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		<title>Bill Would Allow REO Purchases with Retirement Funds</title>
		<description><![CDATA[A bill introduced in the U.S. House of Representatives would waive withdrawal penalties on certain retirement plans if the funds were used to buy a house that has been in foreclosure for a year or more, HousingWire reports. The bill, introduced recently by congressman and real estate professional Bill Posey, R-Fla, is expected to apply [...]]]></description>
		<link>http://wallerhomesandland.com/2011/04/bill-would-allow-reo-purchases-with-retirement-funds/</link>
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		<title>Many Borrowers Lack Mortgage Knowledge</title>
		<description><![CDATA[A recent survey by Zillow Mortgage Marketplace found that borrowers who received a home loan in the past five years spent, on average, five hours researching their options. That’s about half the amount of time borrowers spent researching a car purchase (10 hours). What’s more, nearly one-third spent two hours or less, according to Zillow. [...]]]></description>
		<link>http://wallerhomesandland.com/2011/04/many-borrowers-lack-mortgage-knowledge/</link>
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		<title>Has Housing Reached a &#8216;Recovery Path&#8217;?</title>
		<description><![CDATA[Sales of existing homes rose slightly in March, marking the sixth consecutive monthly rise for existing home sales in the last eight months, the National Association of REALTORS reported Wednesday. &#8220;We&#8217;re clearly on a recovery path,&#8221; says Lawrence Yun, NAR chief economist. Existing home sales rose 3.7 percent in March from February, as distressed sales, [...]]]></description>
		<link>http://wallerhomesandland.com/2011/04/has-housing-reached-a-recovery-path/</link>
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		<title>5 Reasons to Buy a Home in 2011</title>
		<description><![CDATA[Michele Lerner, author of Homebuying: Tough Times, First Time, Any Time, offers reasons why real estate is likely to improve in 2011. Here are five reasons she thinks consumers should consider a home purchase next year: Mortgage rates will stay low. Even with rates climbing — maybe to as high as 6 percent by 2012 [...]]]></description>
		<link>http://wallerhomesandland.com/2011/01/5-reasons-to-buy-a-home-in-2011/</link>
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		<title>Lenders &#8216;Foreclose&#8217; Homes They Don&#8217;t Own</title>
		<description><![CDATA[In dozens of incidents nationwide, confused banks have ransacked properties that were either not mortgaged at all or were mortgaged by a different lender or were a customer of the bank in question but were current on their payments. For instance, Bank of America broke into Alan Schroit’s second home in Galveston, Texas, and turned [...]]]></description>
		<link>http://wallerhomesandland.com/2011/01/lenders-foreclose-homes-they-dont-own/</link>
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		<title>Habitat for Humanity Builds 400,000th Home</title>
		<description><![CDATA[Habitat for Humanity says it has built its 400,000th home. The organization was founded in 1976, and has served more than 2 million people worldwide. &#8220;In 2005 we celebrated our 200,000th house. Now, five years later, we have more than doubled that number thanks to the generous support of our volunteers and sponsors,” says CEO [...]]]></description>
		<link>http://wallerhomesandland.com/2011/01/habitat-for-humanity-builds-400000th-home/</link>
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		<title>10 States Losing the Most Residents</title>
		<description><![CDATA[Using data from Moody’s Economy.com, Forbes identified the top-10 states where more residents are leaving than arriving. The factors that encourage outbound migration from these states are mostly economic — high employment and high cost of living — although both Louisiana and Mississippi have been affected by natural disasters. The 10 states that have said [...]]]></description>
		<link>http://wallerhomesandland.com/2011/01/10-states-losing-the-most-residents/</link>
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		<title>5 Predictions for 2011</title>
		<description><![CDATA[Freddie Mac analysts point to five features that they believe will likely characterize the 2011 housing and mortgage markets: 1. Low mortgage rates. With Fed observers expecting the central bank to keep the federal funds rate at its current target range of 0 percent to 0.25 percent for most (or all) of 2011, relatively low [...]]]></description>
		<link>http://wallerhomesandland.com/2011/01/5-predictions-for-2011/</link>
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