Here is some good news for people who own distressed properties. This article from USA Today talks about this new program at Bank of America starting in May. In the article "The bank said to avoid foreclosures, it will start forgiving principal for homeowners who owe more than 120% of their home's value and meet other qualifications." To read the full article click here.
RE/MAX Real Estate Limited - Paramus, NJ
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AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
You know these guys made this problem so it is about time they paid the price too. Good news and it is about time. Thanks for the info I was unaware of this
Mar 28, 2010 03:58 AM
Lake & Land Realty - Rocky Mount, VA
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Keller Williams Realty, LA Harbor - San Pedro, CA
Getting you to your next with a zero failure rate!
This is a going to be great news for many people under water. Thanks for posting!
Mar 28, 2010 04:05 AM
Rainer
128,509
128,509
Pam Gordon
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