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New program for underwater home buyers.

By James Loftis

Real Estate Agent with RealEstate911.com Bk3232858

October 25, 2011 03:16 AM

From an Article in the DS news, the Obama adminstration is puting forth a new program for underwater homeowners.

http://www.dsnews.com/articles/administration-announces-refinance-program-for-underwater-borrowers-2011-10-24

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Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

Let's hope it hits the ground running and just doesn't make for re-election voting food...

Oct 25, 2011 03:28 AM

Curtis Van Carter

Better Homes & Gardens Wine Country Group - Yountville, CA

Your Napa Valley Broker Extraordinaire

Just to let you know your link is broken. Thanks for the heads up.

Oct 25, 2011 03:28 AM

Carol Babington

Carol Babington Associates - Las Cruces, NM

CRB, CRS, CIPS

After reading the program highlights, I am still skeptical that any program that keeps the market from reaching bottom will just delay the pain. We'll be dealing with home ownerswhose properties are over-priced for years.

Oct 25, 2011 03:30 AM

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James Loftis

RealEstate911.com

New program for underwater home buyers.

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