Apparently Hope for Homeowners is for real and many lenders have voluntarily registered for this program, to help families in difficult financial times.
FHA and many other institutions have posted great information on their web sites about requisites and guidelines to qualify for this program, however I have not yet met the first Homeowner that has successfully refinanced his mortgage with this great program.
Hence, I'm offering a $50 Starbucks card to be drawn among those homeowners (*) whom genuinely can prove they have benefited from this program and can share with us their whole experience. It's easy: Just leave a comment telling us your story ( we will contact you to verify facts ) and your best advice. I'll choose a winner at random (US only, please) on Sunday, November 30 at 5:00 PM. EST.
Good luck, and for everybody's sake please forward this sweepstake invitation to as many friends, relatives and clients as you can. By having all of us understanding that this program is for real and empowering ourselves to execute our rights for the same, then not only will all of us have a third alternative to foreclosures or short sales, but also our property values will at least keep a higher value in the long term .
(*) We need at least 10 Homeowners as of Nov 30th. to be a valid offer.
To register please join the group Hope for Homeowners in Facebook.