Pizza Neopolitan Style

Yesterday, I heard a piece on NPR about best new pizza places in the Washington Area. One place that got a good rating was Pacci's Pizza on Georgia Avenue in downtown Silver Spring. (close to where Gifford's use to be) So last night after watching the excellent movie "Circo" at Silverdocs we walked the four blocks to Pacci's and gave it a try. We were not disappointed. The Pizza was just out of this world and I only regret I could not try two or three other types. We also shared a first rate salad that could, with a piece of bread, serve as a nice lunch meal on it's own. With my love for the AFI, I know that we will be eating a Pacci's a lot more in the future. This is great Neapolitan pizza cooked in a wood burning oven. Just the way I like it.

New limits to FHA allowable closing costs.

One of the major benefits to seeking an FHA (Federal Housing Authority) insured loan over a conventional loan is that the allowable closing costs contribution by the seller could be as high as six percent of the value of the home. With a conventional loan the maximun allowable amount is usually three per cent.

Well under new guidelines proposed by FHA this allowable closing help is going to be reduce to not more than three per cent. This will have an impact on home sales as many first time purchasers are short on cash and need the maximum closing assistance to buy a home. I don't think the impact will be serious but it is not going to help in this slow market that we are currently mired in. The date is not set in stone but look for this change to come about in the next month or so.