winchester home finance: Loan Modifications in Winchester, CA 92596 - Are they happening? - 04/02/10 10:09 AM

Owners of Winchester Real Estate in Winchester, CA 92596 who want to Stop Foreclosuremay eligible for a loan modification under the Making Home Affordable - Home Affordable Loan Modification Program (or HAMP).
HAMP modification steps are:
First, reduce the interest rate to as low as 2%, Next, if necessary, extend the loan term to 40 years, Finally, if necessary, forbear (defer) a portion of the principal until the loan is paid off and waive interest on the deferred amount. Note: Servicers may elect to forgive principal under HAMP on a stand alone basis or before any modification step in order to … (0 comments)

winchester home finance: Winchester Real Estate buyers may get up to $10,000 in CA Tax Credit - 03/27/10 04:41 PM
First time home buyers of Winchester Real Estate will be happy to learn of a new tax credit they may be able to claim in conjunction with the purchase of their new home.
If buyer's were shopping last year they may remember that there was a California tax credit in 2009 as well. One of the major differences between this new program and the one from 2009 is that this program is for the purchase of ANY home and is NOT LIMITED to the purchase of new construction. Even though it was limited to new construction, the program in 2009 was so … (0 comments)

 
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