expert: President Obama’s Home Affordable Refinance Program - HARP - 10/26/11 10:10 AM
President Obama’s Home Affordable Refinance Program - HARP
The Federal Housing Finance Agency announced big changes to its Home Affordable Refinance Program on October 24th, 2011.
If you’re under water on your mortgage, you may be eligible to refinance your current mortgage with a new low interest mortgage without paying down your principal and without having to pay mortgage insurance.
The complete program guidelines will not be fully released until November 15, 2011 and lenders will start working with this new program around December 1st, 2011.  Here are the details of the new Home Affordable Refinance Program (HARP).
HARP was started … (0 comments)

expert: Cash for Doing a Short Sale - It's a Win/Win/Win - 09/22/11 07:00 AM
My company has been touting the success of the HAFA program quite a bit lately; the homeowner gets out of the upside down toxic asset mortgage, gets a full release of deficiency and even gets cash at closing.  What could be better?
Even better news came across my desk today though: apparently several lenders are getting on board the cash incentive train also, according to this article in today's New York Times.  This news comes at a great time, because there are still so many people out there who want to sell their home but think that they can't, or think that … (0 comments)

 
Michael Kara, Central Florida Short Sale Expert (RE/MAX Exclusive Collection)

Michael Kara

Central Florida Short Sale Expert

Orlando, FL

More about me…

RE/MAX Exclusive Collection

Address: 3107 Edgewater Drive #1, Orlando, FL, 32804

Office: (407) 447-2829

RE/MAX Exclusive Collection is a boutique real estate office located in College Park in Orlando Florida. Michael Kara, broker, has over 15 years of experience and closes more pro-consumer short sales than any other Realtor in Orlando.


Links

Archives

RSS 2.0 Feed for this blog