loans: One in five homeowners owe more on their mortgage than their home is worth
- 10/31/08 07:20 AM
One in five homeowners owe more on their mortgage than their home is worth. I'm wondering if this is something new the media figured out are these are accurate figures. Reuters is reporting this story and you can read the rest of the story >>>HERE For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax
loans: The city of Sunrise FL to offer financial aid to homeowners for home repairs and replacement
- 05/05/08 08:24 AM
The city of Sunrise FL to offer financial aid for home repairs and replacement Residents of Sunrise FL can now apply for financial aid to apply towards home improvements under the city's Housing Rehabilitation Program. Owner occupied property can apply for loans to pay for critical renovations. They must be verify the home repairs and or replacement to deteriorated systems as well as any unidentifiable health hazards. The way it works is by having the city forgive 20% of the loan for each year the borrower remains in the home. The program draws on state and federal money for the loans. To qualify....individuals must have earned less than … (8 comments)
One in five homeowners owe more on their mortgage than their home is worth.
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