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Feds Investigating $600 Million in Home Buyer Tax Credit Fraud
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If you bilked Uncle Sam out of a first-time home buyer tax credit, start looking over your shoulder. Just before Congress extended and expanded the home buyer tax credit, a federal audit revealed that nearly 90,000 taxpayers may have fraudulently enjoyed the credit, hoodwinking the government out of more than $600 million. FULL STORY ->

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Customer Retention Tips for Today\'s Challenging Economy
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Peter L. Mosca shares an excerpt of a radio show interview with Michael Anderson, CCIM, founder and co-owner of RealSource who is filling in for Nate Hanks who is the co-owner at RealSource; Bob Turner, Owner, Southern Properties, LLC, and Mindy Williams, President, RentandRetain.com, will explore proven practical ways to hold on to your valuable customer base, win repeat business and maximize assets. FULL STORY ->

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Condominiums Face Lack of Affordable Financing Due to Changes in FHA Rules
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Due to the high number of condominiums in the marketplace and the low interest rates, this should be a great time to buy a condominium. But this year Fannie Mae, Freddie Mac and FHA have decided to tighten up their standards and reduce their risk and exposure to the condo market. FULL STORY ->

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Lawsuit Charges National Price-inflation Scheme to Defraud Consumers
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A Texas homeowner filed a class-action lawsuit against KB Home, Countrywide Financial and LandSafe Appraisal Services, claiming the three conspired to rig housing prices in Texas and Colorado, costing home purchasers millions of dollars and pushing homeowners into dangerous loans. FULL STORY ->

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Banning HOA Rentals
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In some homeowner associations, the number of owners who rent their units is extraordinarily high, sometimes even outnumbering resident owners. With absentee owners and just a few irresponsible renters, there may be a move by the board to limit or eliminate rentals altogether. What things should be considered? FULL STORY ->

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Real Estate Outlook: Fed Chair Discusses Housing
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Federal Reserve chairman Ben Bernanke put out a forecast last week that included some important observations on housing, but it got nowhere near the attention it deserves. FULL STORY ->

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Is Canada\'s Housing Rebound Forming a Bubble?
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The rapid rebound of Canada\'s housing market has some people worrying that a housing bubble is forming. Here\'s some recent research that says underlying conditions don\'t support that concern. FULL STORY ->

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The Cost of the Home Buyer Tax Credit
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At $8,000 for each first-time homebuyer and now $6,500 for move-up buyers -- how much is that going to cost the American taxpayers? FULL STORY ->

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