Real estate blog entries tagged with foreclosure alternative by Cathy Sarmento (Granite Real Estate "Cool Team")

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Home : Blogs : Cathy Sarmento : CA Real Estate Trends : Tag "foreclosure alternative"

foreclosure alternative: Auburn to Cool California Foothills May Find Foreclosure Relief - 10/01/11 05:07 PM

Efforts to help California homeowners avoid foreclosure and keep their homes received a big boost recently when Bank of America agreed to participate in a principal-reduction program.
It became the first major mortgage service company to join the program, which can offer cash-strapped mortgage holders up to $100,000 in relief on their loans. Bank of America services more than 2.2 million home loans in the state.
The program aids home-owners at risk of default because of economic hardship and a severe decline in their home values.
Those who qualify are eligible for up to $50,000 in assistance from the Keep Your … (0 comments)

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Cathy Sarmento

Auburn, CA

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Granite Real Estate "Cool Team"

Address: 1011 Lincoln Way, Auburn, CA, 95603

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