Betty Garcia blog

3/2 Duplex for rent in Miami $1450

2008-11-05T09:52:24Z

Duplex for rent in Miami,Front unit with parking and patio.
We have more properties avalable for rent.
Visit us at http://www.17threalty.com/1rent-miami.html
Properties for rent in Miami, Miami Beach, Kendall, South Miami, Pinecrest, Doral and many other cities in South Florida

Betty Garcia
786 229 3636
17thRealty.Com, Inc
1022 SW 11 ST Miami Fl, 33129

Bedrooms: 3
Rent: $1,450

Miami Dade elecciones del Tazador de la propiedad

2008-11-01T21:00:07Z

Hola amigos. Es muy importante salir a votar.Todos tenemos diferentes ideas politicas y sociales pero asi es la democracia y debemos cuidarla ejerciendo nuestro voto Aqui debajo les tengo el link con una muestra de como es la voleta electoral en el Condado de Miami Dade http://www.miamidade.gov/elections/s_ballots/110408-gen.pdf No se olviden que el tazador del condado o sea quien decide los impuestos de nuestras propiedades sera un puesto electo por primera vez.

TASADOR DE INMUEBLES

Pedro J. Garcia 91

Eddie Lewis 92

Gwen Margolis 93

Jim Shedd 94

www.17threalty.com

Como calcular los pagos mensuales de tu propiedad

2008-09-29T00:18:36Z

Siempre que vas a trabajar con un agente de bienes raices asegurate que tiene experiencia y paciencia para contestar a todas tus dudas o preguntas.

Vamos a comenzar con los impuestos a la propiedad. Tu realtor puede darte un estimado o asesorarte como averiguarlo en la ciudad o el condado, despues que tengas esta cantidad la vas a dividir por 12 que son los pagos mensuales a realizar en el ano.

Si tiene asociacion o mantenimiento generalmente los pagos del seguro van a estar incluido en ese pago, si es una casa un agente de seguro te puede dar un estimado sobre el seguro de la vivienda este varia dependiendo en la covertura y la cantidad de dinero deducible. El seguro de inundacion varia segun el lugar.Las areas costeras y de inundacion generalmente pagan un poco mas.Tambien algunas areas requieren el seguro de vientos de tormenta .Despues que averiguas estos datos los sumas y los divides entre doce.

Ahora vamos a el pago de el prestamo o hipoteca para esto podemos usar esta calculadora pones los datos que son .El valor de la cantida que te van a prestar el interes y los anos a pagar pulsas en calcula y ya tienes tu pago mensual. Recuerda que cuando compras con menos de un 20% de entrada la mayoria de las veces vas a pagar un seguro de hipoteca, tu prestamista o banco debera decirte cual es esta cantidad.

Pues ahora sumas Impuestos + seguros + *mantenimiento + pago de la hipoteca = pago mensual

*Mantenimiento se paga en las associaciones donde hay areas comunes y lugares que mantener y limpiar, las asociaciones por lo general incluyen el pago de el seguro ya que es una extructura comun y no individual.En algunos lugares mayormente de casas individuales el dueno paga ademas de sus impuestos un mantenimiento para areas comunes, piscina parque, club etc

Betty Garcia

Propiedades en Miami, Doral, Miami Beach, Kendall, Coral Gables y todo el Sur de la Florida

786 229 3636 http://www.17threalty.com

More visitors to your side .Link exchange

2008-09-25T12:34:33Z

We stop doing link exchange.

Most page on our website have a Google Page Rank 2. If you add a link to our website, we will reciprocate with a link from our page.

By doing so, both websites will increase the number of visitors. A link exchange program increases the number of links to your website. This is an important factor for search engine rankings, especially Google. Search engines call this "link popularity", in other words, the more links there are to your website, the higher rank your website receives on Google and other search engines.

http://www.17threalty.com

http://www.17realty.com

Como comprar como extrajaeros en los Estados Unidos

2008-09-23T10:50:28Z

Aunque parezca muy dificil realmente no lo es.Todos los anos muchas personas compra su propiedad como extranjeros en los Estados Unidos .

En el Sur de la Florida la inversion extranjera proveniente de Europa y Sur America continua siendo fuerte. Hay varios factores que contribuyen a esto.

1. Un clima envidiables, buenas playas, una gran comunidad diversa mayormente latina

2. Facil adaptacion para los hispanos ya que el idioma no es un problema

3. La baja de precios de las propiedades en los ultimos anos

4. Una inversion bien segura y la confianza en una recuperacion del sisitema inmoviliario a largo plazo.

Como comenzar?

Lo primero es decidir el lugar. Lugar cerca del trabajo, buenas escuelas, que te guste el vecindario, etc

Utilizar la ayuda de un Realtor (agente de bienes raices) es lo mas conveniente.

Asegurate de que el agente que vas a utilizar tiene buen conocimiento del area o ciudad que elijas. Los Realtors pertenecen a asociaciones locales que les permite mostrar las propiedades de su inmobiliaria y de otras inmobiliarias lo cual hace mas facil para el comprador ya que no tienen que llamar a varios agentes. Elije un agente con experiencia y que ademas te sientas comodo(a) con el. Te mostrara las propiedades ademas tambien tendra informacion sobre cual es el precio de las ultimas ventas en el area.Esto te ayudara a determinar la oferta que vas a realizar.

El prestamo (Esto es en caso de que busques financiamiento)

Generalmente el inicial o la entrada es entre un 15% a un 30%. Tambien nesecitaras 4 o 5% para tus gastos de cierre. Costo de generar el prestamo. Pagos de taxes y seguros. Valoracion de la propiedad Inspecciones a la propiedad Seguro de titulo Registrar el titulo Gastos de otros servicios El tiempo desde la oferta inicial hasta completar la transaccion es de aproximadamente de 30 a 60 dias , dependiendo de las circunstancias y lo que se acuerde en el contrato.

http://www.17threalty.com/2extranjeros.html Betty Garcia . Su agente inmobiliario en Miami y todo el Sur de la Florida

Venta de short sales y foreclosures en Miami, Doral, Coral Gables, Kendall

2008-09-20T12:08:02Z

La mas amplia selecion de propiedades a la venta en Miami y todo el Sur de la Florida

Foreclosures Renta residencial

Short sales Renta comercial

pre foreclosures

Betty Garcia es su agente en el Sur de la Florida.

Para ver las propiedades disponibles visite nuestra pagina http://www.17threalty.com

Tambien encontrara consejos utiles sobre todo lo relacionado con compra venta o alquiler de propiedades en todo el Sur de la Florida

Tambien le ayudamos a vender o alquilar su propiedad

Btyy Garcia 786 229 3636 http://www.17threalty.com

Si conservar su vivienda no es una opción

2008-09-09T09:26:13Z

Si conservar su vivienda no es una opción

	Venta: Si no puede hacer frente a los gastos de su vivienda, su entidad crediticia generalmente acordará concederle un período de tiempo específico para que encuentre un comprador y salde el monto total adeudado. Se espera que usted solicite los servicios de una profesional de bienes raíces que pueda comercializar con dinamismo su propiedad.
	Venta previa a la ejecución hipotecaria o pago a corto plazo: Si el valor de venta de la propiedad no es suficiente para completar el pago del préstamo, su entidad crediticia puede estar dispuesta a aceptar menos del monto total adeudado (short sale)Esta opción puede también incluir un período de tiempo para permitirle a su agente de bienes raíces comercializar la propiedad y encontrar un comprador calificado. También puede disponerse de ayuda monetaria para pagar a otros portadores de gravámenes y/o ayudar al pago de algunos costos de traslado.
	Asunción: Puede permitirse que un comprador calificado se haga cargo de su hipoteca, aún si los documentos del préstamo original establecen que el préstamo no es asumible.
	Traspaso en lugar de ejecución hipotecaria: Su entidad crediticia puede acordar permitirle "devolver" en forma voluntaria su propiedad y perdonar la deuda. A pesar de que esta opción parece ser el camino más fácil, generalmente, usted debe intentar vender la vivienda a su valor de mercado durante al menos 90 días antes de que la entidad crediticia considere esta opción. Además, esta opción puede no estar disponible si usted tiene otros gravámenes, tales como juicios de otros acreedores, segundas hipotecas y gravámenes impositivos estatales o del IRS.

Betty Garcia es su agente de Bienes Raices especialista en ventas short sales en Miami y el Sur de la Florida http://www.17threalty.com

Vender un short sale.Que es un short sale

2008-09-08T23:29:36Z

El short sale ocurre cuando el banco hipotecario acepta recibir menos cantidad de dinero por la propiedad que la deuda existente en la misma.

Por ejemplo debes por tu casa $350,000 y se hace una venta por $300,000.

Generalmente el banco considera este tipo de venta cuando estas atrasado(a) en tus pagos y no tienes forma de continuar pagando.

Claro esta que lo ideal seria que nadie perdiera su casa, pero el short sale es una alternativa para el vendedor que le permite salir de la deuda de la propiedad sin un foreclosure.

Para el banco hipotecario es la oportunidad de perder algo de dinero pero a la vez le evita el largo y costoso proceso del foreclosure Para el nuevo comprador es la oportunidad de comprar a buen precio. Aunque el proceso de short sale es generalmente un poco mas largo es una alternativa que debes considerar. En Miami y el Sur de la Florida su agente Betty Garcia puede ayudarle a realizar su venta short sale , tambien tenemos varias propiedades en venta. http://www.17threalty.com

Ques es un prestamo FHA.Que ventajas tiene

2008-09-05T09:33:38Z

Existen muchos motivos para solicitar a su prestamista un préstamo FHA en vez de elegir un préstamo convencional o un préstamo hipotecario "sub-prime" (con tasas de interés menor a la básica), que puede resultarle costoso y arriesgado. Por qué no aprovechar las diversas ventajas y protecciones que sólo la Administración de Vivienda Federal (FHA, por sus siglas en inglés) puede brindar:

Más fácil de calificar - Debido a que la FHA asegura su hipoteca, las agencias crediticias están más dispuestas a ofrecer préstamos con requisitos de calificación mucho más bajos, de modo que es más fácil para usted calificar.

Crédito no tan perfecto - Aunque haya tenido problemas de crédito, como por ejemplo una bancarrota, es más fácil calificar para un préstamo FHA que un préstamo convencional.

Pago al contado bajo - Tenemos un requisito de pago al contado bajo de solamente el 3% y aquel dinero puede proceder de algún familiar, patrono o institución benéfica. Otros préstamos no permiten esto.

Menos gastos - Muchas veces, los préstamos FHA tienen tasas de interés competitivas porque los préstamos son asegurados por el Gobierno Federal. Siempre compare un préstamo de FHA con otros tipos de préstamo

Betty Garcia 786 229 3636

Properties for sale in Miami and South Florida

http://www.17threalty.com

Numeros de telefono que ayudan a salvar viviendas

2008-09-05T08:33:24Z

Entidades crediticias que ayudan a salvar viviendas

El gobierno federal y la industria hipotecaria se han asociado para ayudar a los propietarios que han sido afectados en forma adversa por los recientes cambios económicos, o que están preocupados por el futuro. Las entidades crediticias hipotecarias detalladas a continuación participan en forma voluntaria en este esfuerzo especial. Si su entidad crediticia aparece en esta lista, ¡puede ayudar a proteger su vivienda comunicándose con ellos de inmediato!

Entidad crediticia	Teléfono Nº1	Teléfono Nº2
1st Nationwide Mortgage	(800) 888-4333
Bank of America	(800) 846-2222	(716) 635-2264
Cendant Mortgage Corporation	(800) 257-0460
Chase Manhattan Mortgage Corporation (OH)	(800) 446-8939
Chase Manhattan Mortgage Corporation (FL)	(800) 526-0072 x533	(800) 527-3040
Citimortgage	(800) 682-2286
Countrywide	(800) 262-4230	(800) 669-4576
Fairbanks Capital	(888) 818-6032
HSBC Mortgage Corporation	(888) 648-3124	(800) 338-6441
Irwin Mortgage Corporation	(888) 444-6446
James B. Nutter & Company	(800) 315-7334
Midland Mortgage	(800) 552-3000	(800) 654-4566
National City Mortgage	(800) 523-8654
North American Mortgage Company	(800) 871-2590
Principal Residential Mortgage, Inc.	(800) 367-6448	(800) 962-4450
Wells Fargo Mortgage	(800) 766-0987
Wendover Financial Services Corporation	(888) 934-1081	(800) 436-1022
Washington Mutual Home Loans, Inc.	(800) 478-0036	(800) 254-3677

Betty Garcia 786 229 3636

http://www.17threalty.com Vendiendo casas en Miami y todo el Sur de la Florida

Manten limpio tu historial de credito

2008-09-04T12:30:07Z

Manten limpio tu historial de credito

Es importante comprender qué tipo de información evalúan la mayoría de los otorgantes de crédito. Algunas de las cosas que evalúan son:

Tu solicitud de crédito o préstamo

El crédito es mucho más que una tarjeta plástica que usas para comprar cosas. Se trata de tu confiabilidad y solvencia financiera. Tener un buen crédito significa que tus antecedentes de pago, empleo y salario te hacen un buen candidato para recibir un préstamo, y que los acreedores - aquellos que prestan servicios o dinero - estarán dispuestos a trabajar contigo. Tener buenos antecedentes de crédito generalmente se traduce en cuotas de pago más bajas y mayor facilidad para tomar dinero prestado. Pero un historial de crédito malo puede ser un gran problema. Generalmente, un perfil de crédito desfavorable es el resultado de los atrasos en los pagos o de tomar prestado demasiado dinero y significa que quizás tendrás problemas para obtener un préstamo para comprar un auto, conseguir una tarjeta de crédito, un lugar para vivir y, a veces, hasta un empleo.

Tu informe de crédito

Tu historial de crédito se encuentra en el informe o reporte de crédito. Estos informes o reportes son administrados y vendidos por las agencias de informes de los consumidores (CRA en inglés). Un tipo de CRA es comúnmente conocido como una agencia de informe de crédito (credit bureau). Si has solicitado una cuenta de crédito o cargo, un préstamo personal, un seguro, o un empleo, seguramente ya tienes un registro en una agencia de crédito. Tu informe de crédito contiene datos sobre tus ingresos, deudas, y tus antecedentes en el pago de facturas. También indica si has sido demandado, arrestado o si te has declarado en bancarrota.

Tus antecedentes en el pago de facturas
La cantidad y tipo de cuentas que posees
Si pagas o no tus cuotas a tiempo
Por cúanto tiempo has tenido las cuentas y los préstamos
Las porciones no utilizadas de las líneas de crédito
Acciones de cobranza
Deuda pendiente

http://www.17threalty.com

Short sale.GORGEOUS CORNER TOWNHOUSE

2008-09-04T09:30:17Z

!***GORGEOUS CORNER TOWNHOUSE!*** TILE THROUGHOUT THE 1ST FLOOR, CARPET ON 2ND FLOOR. LARGE MASTER TILED. FENCED PATIO WITH AWNINGS, GREAT GARDEN VIEW. LOW MAINTENANCE FEE INCLUDES CABLE. ***NEW HURRICANE SHUTTERS!*** subjet to bank approval For more properties for sale in South Florida visit us at http://www.17threalty.com Betty Garcia 786 229 3636 17th Realty.com, Inc

14348 SW 97 TE, 33186

Reverse Mortgages for Seniors - FHA's Home Equity Conversion Mortgage (HECM)

2008-08-09T13:04:04Z

Looking for housing options for yourself, an aging parent, relative, or friend? A reverse mortgage may be right for your situation.

The loan, commonly known as Home Equity Conversion Mortgage or HECM, is with a lending institution such as a mortgage lender, bank, credit union or savings and loan association. Senior homeowners age 62 and older can use FHA-insured reverse mortgages to convert the equity in their homes into monthly streams of income and/or a line of credit to be repaid when they no longer occupy the homes. Homeowners are required to receive consumer education and counseling by a HUD-Approved counselor so they can be sure this program meets their needs.

HECM counselors will discuss program eligibility, financial implications and alternatives to obtaining a HECM plus provisions for the mortgage becoming due and payable. Upon the completion of HECM counseling, you should be able to make an independent, informed decision of whether this product will meet your needs.

Homeowners who meet the eligibility criteria can complete a reverse mortgage application. If you need assistance locating a FHA-approved lender, you can request a listing of FHA-approved lenders .

Borrower Requirements:

Must be age 62 years or older.
Must own your property.
Live in your property as primary residence.
Participate in a consumer information session with a HUD-approved housing counseling agency.

Mortgage Amount Based On:

Age of the youngest borrower.
Current interest rate.
Lesser of the appraised value or the FHA mortgage limit.

Financial Requirements:

No income or credit qualifications are required of the borrower.
No repayment as long as the property is the primary residence.
Closing costs may be financed into the mortgage.

Property Requirements:

Single family home or 2-to 4-unit home with one unit occupied by the borrower (which can also be FHA-approved condominiums or manufactured homes and leased land).
Meet FHA property standards and flood requirements.

How FHA's Reverse Mortgage Program Works

Homeowners 62 and older who have paid off their mortgages or have only small mortgage balances remaining, and are currently living in the home, are eligible to participate in FHA's reverse mortgage program. The program allows homeowners to borrow against the equity in their homes. Homeowners can select from five payment plans:

Tenure - equal monthly payments as long as at least one borrower lives and continues to occupy the property as a principal residence.
Term - equal monthly payments for a fixed period of months selected.
Line of Credit - unscheduled payments or in installments, at times and amounts of borrower's choosing until the line of credit is exhausted.
Modified Tenure - combination of line of credit with monthly payments for as long as the borrower remains in the home.
Modified Term - combination of line of credit with monthly payments for a fixed period of months selected by the borrower.

Homeowners whose circumstances change may be able to restructure their payment options for a nominal fee of $20. Please consult your lender for more information.

Unlike ordinary home equity loans, an FHA-insured reverse mortgage does not require repayment as long as the home is the borrower's principal residence. Lenders recover principal, plus interest, when the home is sold. If any home equity remains after sale, the remaining value of the home goes to the homeowner, estate or heirs. You can never owe more than your home's value when sold.

If the sales proceeds are insufficient to pay the amount owed, HUD will pay the lender the amount of the shortfall. HUD's Federal Housing Administration (FHA) collects an insurance premium from all borrowers to provide this coverage.

The amount a homeowner can borrow depends on their age, the current interest rate, other loan fees and the appraised value of the home or the FHA's mortgage limits for the area, whichever is less. Generally, the more valuable your home is, the older you are, and the lower the interest, the more you can borrow.

For example, based on a loan with interest rates of approximately 9%, and a home qualifying for $100,000, a 65-year-old could borrow up to 34% of the home's value; a 75-year-old could borrow up to 47% of the home's value; and, an 85-year-old could borrow up to 64% of the home's value. The percentages do not include closing costs because these charges vary.

There are no asset or income limitations on borrowers receiving FHA-insured reverse mortgages.

There are also no limits on the value of homes qualifying for an FHA-insured reverse mortgage. The value of the home will be determined by an appraisal. However, the amount that may be borrowed is derived from the lower of the appraisal amount or FHA mortgage limit for the area, which varies from $200,160 to $362,790.

For Alaska, Guam, Hawaii and the Virgin Islands, the FHA mortgage limits may be adjusted up to 150% of the ceiling depending on the area. The FHA limits usually increase each year. As a result, owners of higher-priced homes can't borrow any more than owners of homes valued at the FHA limit.

FHA's reverse mortgage program collects funds from insurance premiums charged to the homeowners. Homeowners are charged an upfront insurance premium which is 2% of the maximum claim amount that may be borrowed plus a .5% annual premium which is paid on a monthly basis for the life of the loan.

Common Questions About FHA-insured Reverse Mortgages

What is a reverse mortgage?

A reverse mortgage is a special type of home loan that allows homeowners to convert a portion of the equity in their homes, built up over years of mortgage payments, into cash. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower no longer uses the home as the principal residence. FHA's reverse mortgage provides these benefits, and it is federally-insured.

Can I qualify for an FHA-insured reverse mortgage?

To be eligible for a FHA-insured reverse mortgage, FHA requires that you (the borrower) be a homeowner, 62 years of age or older; own your home outright, or have a low mortgage balance that can be paid off at the closing with proceeds from the reverse loan; and live in the home. You also must receive consumer information from a HUD-approved counseling agency before obtaining the loan.

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if your earlier mortgage was not insured by FHA. Your new reverse mortgage will be an FHA-insured mortgage loan.

What types of homes are eligible?

Your home must be:

· A single family dwelling or a 2- to 4-unit property that you own and occupy.

· Townhouses.

· Detached homes.

· Units in FHA-approved condominium projects.

Manufactured homes built on or after June 15, 1976 that have permanent foundations.

Call 1-800-CALL-FHA and ask if your condominium qualifies. If it does not, there is still an alternative. Ask your lender about the Spot Loan program. Do not sign any papers until you are certain that your project qualifies.

What's the difference between a reverse mortgage and a bank home equity loan?

With a traditional second mortgage, or a home equity line of credit, you must have sufficient income in relation to debt to qualify for the loan, and you are required to make monthly mortgage payments. The reverse mortgage is different because it pays you, and is available regardless of your current income. You don't make payments, because the loan is not due as long as the house is your principal residence. Like all homeowners, you still are required to pay your real estate taxes, hazard insurance and other property charges. Unlike a traditional second mortgage, with HECM, you cannot be foreclosed or forced to vacate your house because you don't make your principal and interest payments.

Can the lender take my home away if I outlive the loan?

No! You do not need to repay the loan as long as you or one of the borrowers continues to occupy the property as the primary residence, keep the taxes and insurance current and perform the other obligations of the mortgage.

Will I still have an estate that I can leave to my heirs?

When you sell your home or no longer use it for your primary residence, you or your estate will repay the cash you received from the reverse mortgage, plus interest and other fees, to the lender. The remaining equity in your home, if any, belongs to you or to your heirs. None of your other assets will be affected by the FHA-insured reverse mortgage loan. This debt will never be passed along to the estate or heirs.

How much money can I get from my home?

The amount you can borrow depends on your age, the current interest rate, and the appraised value of your home or FHA's mortgage limits for your area, whichever is less. Generally, the more valuable your home is, the older you are, and the lower the interest, the more you can borrow.

Should I use the services of a firm that will give me the name of a lender for a "small percentage" of the loan?

FHA does not recommend using an estate planning service, or any service that charges a fee simply for referring a borrower to a lender. FHA provides this information without cost. HUD-approved housing counseling agencies are available (for free or at minimal cost) to provide consumer education information, counseling, and a listing of HUD-approved lenders for free. Call toll-free (800) 569-4287 for the name and location of a HUD-approved housing counseling agency near you.

How do I receive my payments?

You have five options:

Tenure - equal monthly payments as long as at least one borrower lives and continues to occupy the property as a principal residence.
Term - equal monthly payments for a fixed number of months selected.
Line of Credit - unscheduled payments or in installments, at times and amounts of your choosing until the line of credit is exhausted.
Modified Tenure - combination of line of credit and monthly payments for as long as the borrower remains in the home.
Modified Term - combination of line of credit and monthly payments for a fixed period of months which you choose.

Reverse mortgages are becoming extremely popular for America's seniors. FHA's reverse mortgage is a federally-insured private loan, and it's a safe plan that can give older Americans greater financial security. Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements, and more.

Betty Garcia 786 229 3636

Properties for sale and for rent in South Florida http;//www.17threalty.com

If keeping your home is not an option

2008-08-09T12:51:43Z

If keeping your home is not an option - call your lender to discuss these possibilities

Sale: If you can no longer afford your home, your lender will usually give you a specific amount of time to find a purchaser and pay off the total amount owed. You will be expected to use the services of a real estate professional who can aggressively market the property.
Pre-foreclosure sale or short payoff: If you can't sell the property for the full amount of the loan, your lender may accept less than the amount owed. Financial help may also be available to pay other lien holders and/or help towards some moving costs. You may qualify if:
- The loan is at least 2 months delinquent
- You (or your real estate professional) can sell the house within 3 to 5 months
- A new appraisal (obtained by your lender) shows that the value of your home meets HUD program guidelines
Assumption: A qualified buyer may be allowed to take over your mortgage, even if your original loan documents state that it is non-assumable.
Deed-in-lieu of foreclosure: As a last resort, you "give back" your property and the debt is forgiven. This will not save your house, but it is less damaging to your credit rating. This option might sound like the easiest way out, but it has limitations:
- You usually have to try to sell the home for its fair market value for at least 90 days before the lender will consider this option
- This option may not be available if you have other liens, such as other creditor judgments, second mortgages, and IRS or state tax liens

Resources for finding a real estate agent and selling your home

If you need to sell your home, you'll have to answer many questions. You'll need to find how much your house is actually worth, and you'll have to find a real estate agent you are comfortable with. The following resources may help:

If you have an FHA-insured loan and your lender is not responsive

Your lender has to follow FHA servicing guidelines and regulations for FHA-insured loans. If your lender is not cooperative, contact FHA's National Servicing Center at toll free (888) 297-8685 or via email hsg-lossmit@hud.gov. HUD does not oversee VA or conventional loans.

Betty Garcia http://www.17threalty.com

FHASecure Fact Sheet - Refinance Options

2008-08-09T12:40:26Z

YOU WORKED HARD FOR HOMEOWNERSHIP

The Federal Housing Administration has helped millions of Americans secure their dream of homeownership since 1934. Now we want to keep those dreams alive.

If you have an adjustable rate mortgage coming due or your interest rate is already too high, you owe it to yourself to look at the safe and affordable financing options provided by government-insured mortgages through the Federal Housing Administration (FHA). We provide mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single family, multifamily, manufactured homes and healthcare facilities. It is the largest government backed mortgage insurer.

WHAT IS FHASecure

FHASecure is a refinancing option that gives homeowners with non-FHA adjustable rate mortgages (ARMs), current or delinquent and regardless of reset status, the ability to refinance into a FHA-insured mortgage. With FHASecure, the lender will not automatically disqualify you because you are delinquent on your loan, and the lender may offer you a second mortgage to make up the difference between the value of your property and what you owe.

WHO IS ELIGIBLE

Starting on July 14, 2008, FHASecure will begin to provide additional assistance to subprime borrowers with adjustable rate mortgages, and help to restore liquidity and stability to the markets. It will assist families who have missed up to three monthly mortgage payments over the previous 12 months or have experienced temporary economic hardship, such as loss of overtime or medical needs, as well as those who were affected by payment shock. The expansion will also encourage lenders to voluntarily write down outstanding subprime mortgage principal.

So long as you are current on your mortgage and have sufficient income to make the mortgage payment, you are eligible for an FHASecure refinance. If you are delinquent, the default must have been due to the payment shock of an interest rate reset or, in the case of an Option ARM, the "recasting" of the mortgage to fully amortizing.

By refinancing into a FHA-insured mortgage, you can expect to pay lower monthly mortgage payments. FHASecure can improve the quality of life for many communities by helping to reduce the number of mortgage defaults and bringing greater stability to local housing markets.

FHASecure Expanded

08-13 Attachment - FHA Refinance Programs Comparison Matrix

FHASecure Frequently Asked Questions for Homeowners

FHASecure Frequently Asked Questions for Housing Industry

FHA Secure Lender Approval Webcast
Monday, July 7, 2008,
11:00 AM - 12:00 PM
(8:00 AM - 9:00 AM, PT)

Properties for sale and for rent in Miami and South Florida

786 229 3636 http://www.17threalty.com

You Can Avoid Foreclosure and Keep Your Home

2008-08-09T12:33:06Z

You Can Avoid Foreclosure and Keep Your Home

Losing a home can be financially and personally devastating. Relief may be available. Here's key information to help you keep your home.

People facing money problems:

If you are facing unemployment or have money problems, you may be able to keep your home if you know the right steps to take. Read on for important information and links to local organizations that can help you get through difficult times. Government organizations and the mortgage industry worked together to provide this information to help you keep your home.
Disaster area victims:

If you live or work in an area declared a disaster by the President and the hurricane, tornado, flood, wildfire, or other natural or man-made event damaged your home or reduced your income, your lender will provide disaster relief:
- For 90 days on an FHA-insured loan. Go to the Disaster Help location from the button on the left of this page.
- In most cases for other loans.
Military personnel and spouses:

If you or your spouse are on active military duty, you may qualify for a reduction in your interest rate resulting in lower payments. Read how the Servicemembers Civil Relief Act of 2003 (formerly the Soldiers' and Sailors' Civil Relief Act of 1940) affects military homeowners.

Facing Money Problems:

Financial problems are most often associated with major life changes like:

Job loss.
Cuts in work hours or overtime.
Retirement.
Illness, injury, or death of a family member.
Divorce or separation.

If your family is facing any of these issues and you can't pay your bills, look closely at what you owe and what you earn. Eliminate unnecessary spending and reach out for help. Taking action right away can help you protect your family from the loss of your home.

Steps to take when you can't pay your mortgage:

1. Contact your lender as soon as you have a problem

Many people avoid calling lenders about money troubles because we:

- Feel embarrassed discussing money problems with others.
- Believe that if lenders know we are in trouble, they will automatically rush to a collection agency or foreclosure (seize property for failure to pay a mortgage debt).

Lenders want to help borrowers keep their homes because:

- Foreclosure is expensive for lenders, mortgage insurers and investors.
- HUD and private mortgage insurance companies, plus investors like Freddie Mac and Fannie Mae, require lenders to work aggressively to help borrowers facing money problems.

Lenders have workout options (choices) to help you and:

- These options work best when your loan is only one or two payments behind.
- The farther behind you are on your payments, the fewer your options.

Don't assume that your problems will quickly correct themselves:

- Don't lose valuable time being overly optimistic.
- Contact your mortgage lender to discuss your circumstances as soon as you realize that you're unable to make your payments.
- Expect your lender to explore many possible solutions for you, without guaranteeing any one particular solution.

Finding your lender:

Check the following sources to contact your lender:

- Your monthly mortgage billing statement.
- Your payment coupon book.

Information lenders need you to have ready when you call:

- Your loan account number.
- A brief explanation of your circumstances.
- Your recent income documents:
  - Pay stubs.
  - Benefit statements from Social Security, disability, unemployment, retirement, or public assistance.
  - Tax returns or a year-to-date profit and loss statement, if self-employed.
  - A list of household expenses.

Expect to have more than one phone conversation with your lender. Typically, your lender will mail you a "loan workout" package. This package contains information, forms and instructions. If you want to be considered for assistance you must complete the forms fully and truthfully, then return them to your lender quickly. Your lender will review the complete package before talking with you about a solution.

Don't ignore mail from your lender

If you don't get in touch with your lender, your lender will try to contact you by mail and phone soon after you stop making payments. If your lender doesn't hear from you, they will have to start legal action leading to foreclosure. This will greatly increase the cost to bring your loan current.

Information for families with FHA-insured loans

The FHA provides many alternatives and ways for borrowers to get help. These may include mortgage modifications (changes), special forbearances (allowances), and other actions you can take to avoid foreclosure.

FHA works closely with customers who have FHA-insured loans. Do you feel your lender is not responding to your questions? The FHA is ready to help! Contact us at (800) CALL-FHA.

2. Talk to a housing counselor

If you don't feel comfortable talking with your lender, you should immediately contact a HUD-approved housing counseling agency and make an appointment with a counselor. Most approved counselor sessions are free or cost very little and your counselor can help you:

- Review your financial situation, determine what options are available to you, and negotiate with your lender.
- Learn which of the various workout arrangements the lender believes makes the most sense for you and your family, based on your circumstances.
- Contact the lender to discuss a workout plan.
- Avoid future credit problems before you get too far behind on mortgage payments.
- Find information on services and programs in your area that provide financial, legal, medical or other assistance.

A good counselor will help you create a monthly budget plan to ensure you meet all your monthly expenses, including your mortgage payment. Your personal financial plan will help you and your lender determine whether a reduced or delayed payment schedule could help you.

To find out more about HUD-approved housing counseling agencies and receive an automated referral to your three closest housing counseling agencies, please call toll free (800) 569-4287 on weekdays between 9:00 a.m. and 5:00 p.m. Eastern Standard Time (6:00 a.m. to 2:00 p.m. Pacific Time).

Many local housing counseling agencies are connected with national and regional housing counseling intermediaries (mediators). The website for HUD-approved National and Regional Housing Counseling Intermediaries describes the full range of assistance offered and provides maps showing their member's locations.

3. Prioritize your debts (rank them by importance)

You will need a new, tightened budget if you lose a job. Prioritize your bills and pay those most necessary for your family: food, utilities and shelter.

Failing to pay any of your debts can seriously affect your credit rating, but if you stop making your mortgage payments you could lose your house. Try these suggestions to keep your home:

- Whenever possible, use any income available after paying for food and utilities to pay your monthly mortgage payments.
- If your income has dropped, consider getting rid of or cutting back on other expenses (such as dining out, entertainment, cable, or telephone services).
- If you still do not have enough income, consider cashing out other resources like stocks, savings accounts, or personal property like a boat or a second car.
- Take any responsible action that will save cash.

Besides speaking with your lender, you may want to contact a nonprofit consumer credit counseling agency that specializes in helping restructure debt by negotiating lower payments or long-term payment plans with your creditors. Trustworthy credit counseling agencies provide their services free of charge or for a small monthly fee tied to a repayment plan. Beware of credit counseling agencies that offer counseling for a large upfront fee or donation.

For consumer debt advice.

When you call a credit counseling agency, they will ask you to provide current information about your income and expenses. Make sure you ask if the agency has a charge before you sign any documents!

Betty Garcia 786 229 3636

Properties for sale and for rent in Miami, Coral Gables, Doral, KEndall, Pinecrest

Housing and Economic Recovery Act of 2008 FAQ

2008-08-09T12:29:50Z

Q: How will the law help struggling homeowners keep their homes?
A: Through the Federal Housing Administration (FHA), an estimated 400,000 borrowers in danger of losing their homes will be able to refinance into more affordable government-insured mortgages. The program offers government insurance to lenders who voluntarily reduce mortgages for at-risk homeowners to at least 90% of the property's current value.

Q: When will the program begin?
A: The program will begin on October 1, 2008 and sunset on September 30, 2011. Homeowners in danger of losing their homes before October 1, however, should not wait to contact their loan servicers and should begin applying for federally insured mortgages now.

Q: Who is eligible?
A: To be eligible to participate in this program, a borrower must:

Have a loan on an owner-occupied principal residence. Investors, speculators, or borrowers who own second homes cannot participate in this program.
Have a monthly mortgage payment greater than at least 31 percent of the borrower's total monthly income, as of March 1, 2008.
Certify that he or she has not intentionally defaulted on an existing mortgage, and did not obtain the existing loan fraudulently.
Not have been convicted of fraud.

Q: How can a homeowner access this new program?
A: Homeowners or a servicer of an existing eligible loan need to contact an FHA-approved lender. The FHA-approved lender will determine the size of a loan that a borrower can reasonably repay and that meets the requirements of the program. If the current lender or mortgage holder agrees to write-down the amount of the existing mortgage and make the new loan affordable, the FHA lender will pay off the discounted existing mortgage. Loans provided under this program must be 30-year fixed rate loans.

Q: Are lenders required to participate in this program?
A: No. The program is completely voluntary for lenders, investors, loan servicers, and borrowers.

Q: How does this law help neighborhoods that have been hit by the foreclosure crisis?
A: The impact of the current crisis has not been isolated to individual borrowers or investors, but has been felt broadly by neighbors, communities, and governments across the nation. The law strengthens neighborhoods hit hardest by the foreclosure crisis by providing $3.9 billion in Community Development Block Grants to states and localities to buy foreclosed homes standing empty, rehabilitate foreclosed properties, and stabilize the housing market.

Q: Will this law be a bailout for speculators, homeowners, investors, and lenders?
A: No. It is narrowly tailored to keep families in their homes. For example:

Only primary residences are eligible: NO speculators, investment properties, second or third homes will be refinanced.
Investors and lenders must take big losses first in order even to participate. The owner of the old mortgage can get a maximum of 90% of the current value of the home (which presumably will be considerably less than the value of the original loan). In many cases the loss will be significantly greater, but 10% is the minimum.
In addition, lenders must waive any penalties or fees, and help pay for the origination and closing costs of the new loans.
Most homeowners will have seen the equity in their homes disappear before being able to refinance under this program. In addition, the FHA will get a portion of any future profits on the house, to make sure the government recoups its investment over the long run.

Q: Will this law reward families who bought homes they could not afford?
A: Many homeowners facing foreclosure were misled, were deceived, or were in other ways the victims of unfair lending practices.
To prevent future abuses by lenders, this law will establish a nationwide loan originator licensing and registration system to set minimum standards for all residential mortgage brokers and lenders. It also strengthens mortgage disclosure requirements to help ensure that borrowers understand their mortgage loan terms.

Q: How will this law make it more affordable to own a home?
A: There are a number of provisions that will make homeownership more affordable:

Creates a refundable tax credit for first-time homebuyers that works like an interest-free loan of up to $7,500 (to be paid back over 15 years).
Grants states $11 billion of additional tax-exempt bond authority in 2008 that they can use to refinance subprime loans, make loans to first-time homebuyers and to finance the building of affordable rental housing.
Raises conforming loan limits for the FHA, Fannie Mae and Freddie Mac to $625,500. Because of the high cost of housing in California, a majority of the state's residents were previously shut out from these programs. Raising these loan limits will lead to lower interest rates on some loans, greater refinancing opportunities, and enable more borrowers in high cost areas to avoid the type of nontraditional and frequently abusive loans that led to the current crisis.
Provides couples using the standard deduction with up to an additional $1,000 deduction for property taxes ($500 for individuals).

Q: Does the law provide help to those who still cannot afford to own a home?
A: Yes. The bill includes a number of provisions to increase the supply of affordable housing, which has been a major problem in California pre-dating the current foreclosure crisis. For example:

The bill creates a new permanent affordable housing trust fund - financed by Fannie Mae and Freddie Mac and not by taxpayers - to fund the construction, maintenance and preservation of affordable rental housing for low and very low-income individuals and families nationwide in both rural and urban areas.
In addition, the legislation provides a temporary increase in the Low-Income Housing Tax Credit and simplification of the credit to help put builders to work to create new options for families seeking affordable housing alternatives.

Betty Garcia

Properties for sale in Mimi, Coral Gables, Pinecrest, Doral

http;//www.17threalty.com 786 229 3636

¿QUÉ ES PMI?

2008-08-06T09:12:16Z

¿QUÉ ES PMI?

PMI es la sigla en inglés de Seguro o Asegurador Hipotecario Privado (Private Mortgage Insurance or Insurer). Se trata de compañías privadas que ofrecen seguros hipotecarios. Ofrecen a los prestatarios programas estándar y especiales accesibles. Estas compañías proporcionan pautas a las entidades crediticias que detallan los tipos de préstamos que asegurarán. Las entidades crediticias utilizan estas pautas para determinar la aptitud del prestatario. Las PMI generalmente tienen tasas de calificación más estrictas y exigen pagos iniciales mayores que la FHA, pero sus primas suelen ser más bajas y aseguran préstamos que exceden el límite de la FHA.

Betty Garcia 786 229 3636

Propiedades en todo el Sur de la Florida

http://www.17threalty.com

¿QUÉ ES UN PRÉSTAMO 203(k) y 203(b)??

2008-08-06T09:08:47Z

¿QUÉ ES UN PRÉSTAMO 203(k)?

Este préstamo permite al comprador de la vivienda financiar la compra y la rehabilitación de la vivienda mediante una única hipoteca. Una parte del préstamo se utiliza para pagar la hipoteca existente del vendedor y el resto se coloca en una cuenta de depósito en garantía y se libera a medida que se va completando la rehabilitación. Las pautas básicas para los préstamos 203(k) son las siguientes:

QUÉ ES UN PRÉSTAMO 203(b)?

Este es el programa de la FHA que se utiliza con mayor frecuencia. Ofrece un pago inicial bajo, pautas de calificación flexibles, costos crediticios limitados y un monto máximo de préstamo.

Propieades en venta en todo el Sur de la florida

Betty Garcia (786) 229 3636

http://www.17threalty.com

Cómo comprar una vivienda .............

2008-08-04T13:21:56Z

Si recibe este Folleto antes de firmar un acuerdo de venta, aquí encontrará algunos puntos importantes para tener en cuenta. El agente de bienes raíces probablemente le entregará un formulario de acuerdo de venta impreso por adelantado. Puede realizar modificaciones o agregados a este formulario, pero el vendedor debe estar de acuerdo con todos los cambios que usted efectúe. También debe acordar con el vendedor la fecha en la que ocupará la vivienda y qué artefactos y elementos de propiedad personal se venderán junto con la vivienda.

Precio de venta. Para la mayor parte de los compradores de vivienda, el precio de venta es el término más importante del acuerdo. Tenga en cuenta que existen otros términos no económicos en el acuerdo que también tienen importancia.

Título. "Título" se refiere a la propiedad legal de su nueva vivienda. El vendedor debe suministrar el título libre de todo reclamo de otras partes contra su nueva vivienda. Los reclamos realizados por terceros contra su vivienda se conocen como "gravámenes". Puede negociar quién será el encargado de pagar la investigación de título que le dirá si el título está "limpio".

Cláusula de hipoteca. El acuerdo de venta debe estipular el reembolso de su depósito en caso de que la venta deba ser cancelada por no haber podido obtener un crédito hipotecario. Por ejemplo, su acuerdo de venta puede permitir la cancelación de la venta si usted no puede obtener una financiación hipotecaria a una tasa de interés igual o menor que un índice especificado en el acuerdo.

Plagas. Su entidad crediticia exigirá un certificado de un inspector calificado que determine que la vivienda está libre de termitas y otras plagas y peligros por plagas. Usted puede querer reservarse el derecho de cancelar el acuerdo o solicitar al vendedor un tratamiento inmediato y reparación si se detecta un peligro por plagas.

Inspección de la vivienda. Es una buena idea hacer inspeccionar la vivienda. Una inspección determina el estado de los sistemas eléctricos, de cañerías, calefacción y enfriamiento. También debe examinarse la estructura para asegurar su solidez y determinar el estado del techo, revestimiento, ventanas y puertas. El lote debe estar dispuesto de manera tal que el agua no drene hacia la vivienda e ingrese al sótano.

La mayor parte de los compradores prefiere hacerse cargo del costo de estas inspecciones, de manera que el inspector trabaje para ellos y no para el vendedor. Puede querer incluir en su acuerdo de venta el derecho de cancelar la venta si no está satisfecho con los resultados de la inspección. En ese caso, es posible que quiera renegociar a un menor precio de venta o exigir al vendedor realizar reparaciones.

Peligros por pintura con base de plomo en viviendas construidas antes de 1978. Si compra una vivienda construida antes de 1978, tiene ciertos derechos relacionados con los peligros por pintura con base de plomo e intoxicación por plomo. El vendedor o el agente de venta debe entregarle el folleto de la Agencia de Protección Ambiental (EPA por sus siglas en inglés), "Proteja a su familia de la presencia de plomo en su vivienda", u otra información sobre peligros por plomo aprobada por la EPA. El vendedor o el agente de venta debe informarle lo que conoce acerca de la pintura con base de plomo o los peligros de la pintura con base de plomo en la vivienda, y suministrarle todo informe o registro relevante.

Tiene como mínimo diez (10) días para realizar una inspección o evaluación de riesgo sobre pintura con base de plomo o peligros por plomo. Sin embargo, para poder tener el derecho de cancelar la venta basado en los resultados de una inspección o evaluación de riesgo, necesitará negociar esta condición con el vendedor.

Finalmente, el vendedor debe adjuntar al acuerdo de venta un formulario de divulgación que incluirá una Declaración de Advertencia de Plomo (Lead Warning Statement). Usted, el vendedor y el agente de venta firmarán una confirmación de que se han cumplido los requisitos de esta notificación.

Otros riesgos ambientales. Su ciudad o estado puede tener leyes que soliciten a los compradores o vendedores verificar posibles riesgos ambientales, tales como pérdida de tanques de petróleo subterráneos, presencia de radón o asbesto, caños de agua de plomo y otros peligros similares, y tomar las medidas necesarias para eliminar estos riesgos. Puede negociar quién correrá con los gastos en caso de que se requiriera una verificación y/o limpieza.

División de gastos. Es necesario acordar con el vendedor cómo se dividirán en la fecha de cierre los gastos relacionados con la propiedad, como impuestos, costos por agua potable y servicios cloacales, gastos de condominio y facturas de servicios. A menos que se acuerde de otro modo, usted sólo debería ser responsable de la parte de estos gastos que se adeude después de la fecha de venta.

Agente encargado de la operación de cierre/del depósito en garantía. De acuerdo con las prácticas locales, puede tener la opción de elegir el agente o compañía que se encargará de la operación de cierre o del depósito en garantía. Para los estados donde el encargado del depósito en garantía es un agente o compañía, el comprador, el vendedor y la entidad crediticia suministrarán las instrucciones.

Costos de cierre. Puede negociar qué parte de los costos de cierre correrán por su cuenta y cuáles pagará el vendedor.

Para comprar, vender o alquilar en Miami y todo el Sur de la Florida llame a Betty garcia 786 229 3636

o visitenos en http://www.17threalty.com

Voting is one of our fundamental rights .How to Register?

2008-08-04T12:29:31Z

How to Register

Registering to vote is a right. It is available to all persons who meet the requirements. In Miami-Dade County, there are many official agencies where you can register in person or get voter registration forms:

Florida Driver License Bureau
Miami-Dade County Public Libraries
Team Metro Offices
Government on the Go Buses
Any State public assistance agency
Any agencies that provide assistance to disabled persons
Armed Forces Recruiting Offices

If you need more information regarding the closest agency, or to obtain a form by mail, please contact our office any weekday between 8 a.m. and 5 p.m., at 305-499-8363.

When you register to vote, an actual residence address is required by law. If you provide a mailing service address, P.O. Box, or business address, the application will not be accepted, and can cause your registration to be declined and/or not processed in time for an election. P.O. Box and other business addresses can be accepted as a mailing addresses only, and not as a residential address.

You may register online using the Voter Registration Application Form provided by the State of Florida Division of Elections. You can print out the form and fill in your information, sign it, and then send the original signed form to:

Supervisor of Elections
P.O. Box 521550
Miami, Florida 33152

PROPERTIES FOR SALE AND FOR RENT IN SOUTH FLORIDA

BETTY GARCIA 786 229 3636

HTTP://WWW.17THREALTY.COM

Bush signs housing bill to provide mortgage relief

2008-07-30T10:47:44Z

AP
Bush signs housing bill to provide mortgage relief
Wednesday July 30
By Jennifer Loven, Associated Press Writer Bush signs massive housing bill intended to provide mortgage relief, stabilize markets

WASHINGTON (AP) -- President Bush on Wednesday signed a massive housing bill intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets.

Bush signed the bill without any fanfare or signing ceremony, affixing his signature to the measure he once threatened to veto, in the Oval Office in the early morning hours. He was surrounded by top administration officials, including Treasury Secretary Henry Paulson and Housing Secretary Steve Preston.

"We look forward to put in place new authorities to improve confidence and stability in markets," White House spokesman Tony Fratto said. He said that the Federal Housing Administration would begin right away to implement new policies "intended to keep more deserving American families in their homes."

The measure, regarded as the most significant housing legislation in decades, lets homeowners who cannot afford their payments refinance into more affordable government-backed loans rather than losing their homes.

It offers a temporary financial lifeline to troubled mortgage companies Fannie Mae and Freddie Mac and tightens controls over the two government-sponsored businesses.

The House passed the bill a week ago; the Senate voted Saturday to send it to the president.

Bush didn't like the version emerging from Congress, and initially said he would veto it, particularly over a provision containing $3.9 billion in neighborhood grants. He contended the money would benefit lenders who helped cause the mortgage meltdown, encouraging them to foreclose rather than work with borrowers.

But he withdrew that threat early last week, saying hurting homeowners could not wait -- and even blaming the Democratic Congress' delays in action for forcing an imperfect solution.

Meanwhile, many Republicans, particularly those from areas hit hardest by housing woes, were eager to get behind a housing rescue as they looked ahead to tough re-election contests. Paulson's request for the emergency power to rescue Fannie Mae and Freddie Mac helped push through the measure. So did the creation of a regulator with stronger reins on the government-sponsored companies, as Republicans long have sought.

Democrats won cherished priorities in the bargain: the aid for homeowners, a permanent affordable housing fund financed by Fannie Mae and Freddie Mac, and the neighborhood grants.

The bill takes several approaches to curing the ailing housing market.

It aims to spare an estimated 400,000 debt-strapped homeowners, many of whom owe more their houses are worth, from foreclosure by allowing them to get more affordable mortgages backed by the Federal Housing Administration.

The FHA could insure $300 billion in such mortgages, which would be available to homeowners who showed they could afford a new loan. Banks would first have to agree to take a large loss on the existing loans in exchange for avoiding an often-costly foreclosure.

The plan also is designed to relieve a broader credit crunch that has taken hold because of rising defaults and falling home values. To free up safer and more affordable mortgage credit, the bill permanently would increase to $625,000 the size of home loans that Fannie Mae and Freddie Mac can buy and the FHA can insure. They also could buy and back mortgages 15 percent higher than the median home price in certain areas.

It goes far beyond addressing the current crisis, however.

The legislation overhauls the Depression-era FHA. It requires lenders to show how high a borrower's payment could get under the terms of his mortgage. It provides $180 million in pre-foreclosure counseling for struggling homeowners.

The Treasury Department gains unlimited power, until the end of 2009, to lend money to Fannie Mae and Freddie Mac or buy their stock should they need it. The Federal Reserve takes on a new "consultative" role overseeing the companies.

The measure includes $15 billion in tax cuts, including a significant expansion of the low-income housing tax credit and a credit of up to $7,500 for first-time home buyers for houses purchased between April 9, 2008, and July 1, 2009.

Democratic leaders, recognizing that the measure could be one of the last items to become law during what's left of their abbreviated election-year schedule, tacked on an $800 billion increase, to $10.6 trillion, in the statutory limit on the national debt.

Conservative Republicans were vehemently opposed to the bill, particularly the help for Fannie Mae and Freddie Mac. Critics charge the companies enjoy lavish profits in good times and wield their outsized political clout to resist regulation while depending on the government to bail them out should they falter.

Properties for sale in South Florida www.17thRealty.com Betty Garcia 786 229 3636

Free real estate classified ads page

2008-07-21T11:32:23Z

Today Jul 21 2008, JClister.com launched a new free classifieds ads service to 25 US Cities:

Atlanta , Boston , Charlotte , Chicago , Dallas , Denver , El Paso , Fort Lauderdale , Houston , Las Vegas,
Los Angeles , Miami , Minneapolis , New Orleans , New York , Orlando , Palm Beach , Philadelphia , Phoenix , Portland , Raleigh , Sacramento , San Diego , Tampa , Washington

The page is like Craigslist and it offers users the option to select the region they're in and choose from a list of for-sale items that they're interested in browsing, as well as the option to sell items for free. allows

JClister.com allows users to post free classified items like

Real Estate, Jobs, Personal, Buy/Sell, Adult and more.....

free real estate classifieds

free personals classifieds

adult classifieds

buy and sale classifieds

Miami Dade Opening of new library (International Mall Branch )

2008-07-21T11:11:19Z

This 7,500 square foot branch library is the second library to be built since the Main Library opened in 1985. The design of the building incorporates lots of green space and includes a canopied outdoor area that will be used for story times and special programs. Patrons can use their laptops, with free WiFi, after hours. The interior of the building provides for lots of open space and plenty of windows which create a bright and inviting atmosphere. A special area for young adults and a children's room makes the branch an inviting and welcoming environment. Unlike the stationary units that currently exist in other branches the shelving will be moveable to allow for re-configuration.

Address
10315 NW 12th Street
Miami, Florida 33172

Betty Garcia 786 229 3636 Properties for sale in Miami http://www.17threalty.com

Miami free classifieds http://www.411MiamiDade

$3,700, 2br, Luxury rental, good price

2008-06-09T20:35:21Z

$3,700, 2br, Luxury rental, good price

Posted: June 6, 2008, 01:39 AM

Reply: click here

http://www.17threalty.com
Luxury properties for rent
Betty Garcia 786 229 3636

An internationally renowned get-away destination for the jet set - shopping, fashion, cuisines from around the globe as well as one of the hottest, exciting night-life and entertainment havens
Akoya is the inspiration for Miami Beach's newest luxury oceanfront condominium.
About The Akoya Condo

Akoya Condo Address: 6365 Collins Avenue
Unit on floor 33(more units available)

Miami Beach, FL 33141
Neighborhood: North Beach/NoBe
Location: Oceanfront
Year Built: 2004
Bedrooms: 1, 2, 3 and Penthouses
Number of Units: 386
Number of Stories: 48

State-Of-The-Art- Fitness Center
Tennis
Swimming Pool
Cabanas
Racquetball
Putting Green
24-Hour Security
24-Hour Valet

Fees paid by renter: Application fee

6365 Collins Avenue, 33141
Location: Miami Beach
Bedrooms: 2
Rent: $3,700

No other company or person should contact me for solicitation for any product or service.

http://www.17threalty.com

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