FHA LAUNCHES SHORT REFI OPPORTUNITY FOR UNDERWATER HOMEOWNERS
Effort designed to encourage principal write-downs for responsible borrowers
WASHINGTON – In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development today provided details on the adjustment to its refinance program [...]
Check out Podcasts of our latest & archived radio shows! 
Video Series with Mike Kelly & Toni Esposti  |
FOR IMMEDIATE RELEASE Press Contact: Josephine Nicholas 734.385.6170 or josephine@icheadlines.com FHA Deals Housing Market a Blow Ann Arbor, MI, August 3, 2010 – “The Federal Housing Administration (FHA) is planning two major changes that will impact homebuyers and the housing market,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that trains and certifies mortgage bankers and [...] Friends, If you are out previewing property, either by searching an internet site or from a list provided by your Realtor/Agent, do me a BIG favor—Don’t TRESPASS!! We have a lovely little home on a 1/2 acre in Graton with Mobile Home of vintage years and approved Granny Unit, and Realtors/Agents are just sending their [...] Had a listener send me a scathing email regarding one of Zillows “Zestimates” and how it was obliterating his equity! He stated that the “Zestimate” was a horrible “appraisal practice”. Well no APPRAISER is EVER going to use Zillow for an appraisal. Ain’t gonna happen in this life! I further explained when I go on [...] ReStore has moved into their new diggs off of Piner at Industrial. If you liked their tiny home off of Cleveland, you’ll be thrilled at all the space they now have. If you’ve never been, you really should stop in and peruse their goodies before heading off to the home improvent stores. Wondering what to do with all those [...] In Sonoma County the first timer Federal Tax Credit doesn’t appear to have been a complelling reason to puchase a home. Unless one ads in the number of “Short-Sales” now in “Continue to Show” status! Sales are up a paltry 5% over last year at this time for the June Sales Data. That ain’t no [...] From the National Association of Realtors, Friday, July 1, 2010; “I am happy to report that Congress has passed a bill extending the Homebuyer Tax Credit closing deadline to September 30, 2010. The extension applies only to transactions that had ratified contracts in place as of April 30, 2010, and have not yet closed. There [...] Today, June 30th 2010, marked the end of the $8,000 Federal First Time Homebuyer’s Tax Credit, as well as the $6500 Move-up Credit. Congratulations to all who were able to take advantage. If you recently closed escrow, or are currently in escrow, you may also be able to take advantage of the California tax credit for [...] Linda Green, a local bankruptcy attorney, joins us this Sunday to discuss the benefits and downside of seeking Chapter’s 7 or 13 bankruptcy. Facing imminent forclosure? BK could be your savior. Is it the Nuclear Option? Her practice is in the North bay representing folks from Marin, Sonoma, Napa, Lake and Mendocino Counties. She regularly counsels [...] Allison answers one of our NoDumbQuestion@gmail.com Listener Question answered. Question; ”I’m thinking about buying a condo. I am looking for a condo complex with a pool and a gym on site . Are there any condo complexes in Cotati, Rohnert Park, Santa Rosa or Windsor that have these amenities? How do I find them? Nothing I have [...] |
|
|
Copyright © 2010 The Real Estate Hour's Official Blog - All Rights Reserved |
||
Blog Comments