foreclosure: $100 Down Payment Initiative for HUD REO's - 08/14/08 11:00 PM
Did you know that buyer's can buy a HUD REO with as little as $100 Earnest Money. This may be good news for some. The Atlanta Homeownership Center approved the use of this initiative for Illinois and Indiana for purchaser's using FHA financing. This is specifically geared towards Owner Occupants, effective … (3 comments)
foreclosure: Is Your Mortgage Professional Really a Professional? - 02/13/08 01:16 AM
In today's ever changing market it is extremely important that buyer's and realtors work with a MORTGAGE PROFESSIONAL! I can't begin to tell you how many times I get a disgruntled client on the phone who has been through numerous originators who call themselves professionals. This post is not to … (8 comments)
foreclosure: Foreclosure.....HELP! - 02/01/08 03:25 PM
"5 Ways to Save You or Someone You Know from Foreclosure, w/o getting scammed!" Problem: In 2007, homes in foreclosure were up 79% an alarming rate. Reality: This is such a personal tragedy, that many people don't reach out for help until it's too late, and then they don't know where to … (3 comments)
foreclosure: Hope maybe in sight for clients with ARM's due to reset! - 11/30/07 04:28 PM
An article I read today, stated that lenders are currently discussing a new program that would allow current borrower's to freeze their ARM's due to high rates of foreclosure. The Initiative is called HOPE NOW. Some of the participating banks include Bank of America, Citigroup, Inc, Countrywide Financial Corp., Fannie … (1 comments)
foreclosure: New FHA Secure Program! - 11/17/07 05:47 PM
FHA is currently doing a significant business in refinancing non-FHA mortgages. The program is designed to help homeowners, who previously demonstrated the ability to make timely monthly mortgage payments prior to their reset of an Adjustable Rate Mortgage (ARM) an opportunity to refinance into a prime-rate FHA-insured mortgage. In many cases homeowners … (4 comments)
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Did you know that buyer's can buy a HUD REO with as little as $100 Earnest Money. This may be good news for some. The Atlanta Homeownership Center approved the use of this initiative for Illinois and Indiana for purchaser's using FHA financing. This is specifically geared towards Owner Occupants, effective … (3 comments)
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