Freddie Mac released bulleting Number: 2009-5 on March 4, 2009 in support of the federal Making Home Affordable Program. The bulletin included eligibility requirements for the Freddie Mac Relief Refinance Mortgage. The following are key aspects of that Bulleting:
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
In February 2008, the Short Sales Work Group (established by NAR) met to put together a report which addressed Realtor’s concerns about Short Sales. The work group submitted its report in May 2008.
The following recommendations were included in the report:
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
Everyday more and more Americans are at risk of becoming default on their mortgage, and simply do not know what they can do. You’ve tried contacting your lender via the (800) numbers on your bill to explain that you are not going to be able to make your payments for much longer, and want to know if there is any help. Instead of getting help, you found yourself in an endless loop on their automated system. Eventually (if you’re lucky) you were able to reach a live person who then transferred you to another, who transferred you to another, and so on, while remaining on hold for twenty plus minutes between each person. Finally, the last person you speak with tells you there is nothing they can do, and that you should try back once you’re behind.
If you haven’t already had the experience described above, here are some things you should know before going down that road.
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
Many people make the mistake in thinking that because their lender foreclosed on their home, that they no longer owe on their debt. This is dangerous misconception. In the state of Nevada (check your state laws) after your lender forecloses, they may file a deficiency judgment against you.
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
The U.S. Department of Housing and Urban Development issued Mortgagee Letter 2009-15 on May 11, 2009. A portion of this letter outlined the use of the First-Time Homebuyer Tax Credits for use as a Down payment on an FHA mortgage.
The garage is said to be the largest yet most underutilized place in our homes. To often is it a place where things are thrown into it like a storage shed, and we rarely even park our cars there anymore. But, it doesn't have to stay that way. Here are some things you can do to turn that wasted space, into usable space.
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
The Section 203(k) FHA Program can be used to not only purchase a home, but also improve/repair it. Its FHAs primary program for the rehabilitation and repair of single family properties. It has been a great tool for community and neighborhood revitalization. Many lenders have successfully used the program to help borrowers purchase and rehabilitate properties.
Should you have any questions or need further information, please don't hesitate to contact me, (775) 220-1630 Or visit my blog at www.SellingNorthernNV.com
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