One Billion dollars available for refinancing.
Clint McKie of Carlsbad, New Mexico blogged about HUD Money available homeowners facing foreclosure. This is great news, except that most banks are not onboard. The government programs over the past three years have been a failure. I hope that moving forward it will b more useful.
One billion dollars available for refinancing homes.
According to this information the United States Housing and Urban Development has made one billion dollars available for refinancing of homes in risk of foreclosure.
Follow the link and read all about it.
Hud and Neighborworks America announces
This "EMERGENCY HOMEOWNERS HELP PROGRAM" Or referred to as (EHLP) will help struggling homeowners at risk of foreclosure.
I have seen posts where there are some areas that over 50% of home for sale are in "short sale" or starting the "Foreclosure process".
These funds can and will help homeowners fight foreclosure. Although all states have not signed on to this help. Twenty seven states have. Check and see if your state is one of the many that have these funds available.
Clint McKie
Owner of Desert Sun Inspections Carlsbad, New mexico
1-575-796-5586
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