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Real Estate Agent with Berkshire Hathaway HomeServices Abbott Realtors


 There is a lot of information about the much needed STIMULUS that we all have to read and absorb. The first, from President Obama's speech in Phoenix, Az, yesterday directly affects what we do --- each day. It is best to read for yourself in order to digest --- how you can help your buyers and sellers.

According to his plan there four key elements of the Homeowner Affordability and Stability Plan:

  1. refinancing help for four to five million homeowners who receive their mortgages through Fannie Mae or Freddie Mac
  2. new incentives for lenders to modify the terms of sub-prime loans at risk of default and foreclosure
  3. steps to keep mortgage rates low for millions of middle class families looking to secure new mortgages
  4. additional reforms designed to help families stay in their homes

The best place to see the exact detail of this portion of the plan is the newly updated website www.WhiteHouse.gov . This site will provide an over view, fact sheets and updated information --- which --- we never had before.

This web site will help you stay informed and help you --- inform your clients --- with the facts. ( Let's face it --- we can argue our points of view each day --- but --- this is what we have so read, learn and get out there and help people sell real estate. )

Remember --- Real Estate is LOCAL.

Let's get out there and be ready for the Spring Real Estate Market....

Comments (2)

Sheldon Neal
Bergen County, NJ - RE/MAX Real Estate Limited - Maywood, NJ
That British Agent Bergen County NJ

Hi Pamela :o)

I was thinking the same thing last night - we need to process all the information and find out exactly what is most helpful for our clients in our local markets.

I am already finding buyers asking me questions about these new incentives, so yes, I better be ready to give them the actual facts of the programs.

Great reminder, and good link to the white house info - I actually know of that website and find it very helpful.

Cheers neighbor !!!


Feb 19, 2009 12:35 AM
Berkshire Hathaway HomeServices Abbott Realtors - Mahwah, NJ
I would love to help you buy or sell your home!

Hey Sheldon! Very nice to meet you on Active Rain and thank you for reading. I always enjoy your blog! Things are just changing so rapidly that...while I agree that we are all free to disagree --- the best service we can do for our buyers and sellers --- is read and learn! Thanks again.

Feb 19, 2009 04:32 AM