www.sdpropertypricecontrol.com
Here is some great information I can across, directly from the California Association of Realtors.
"... C.A.R. Homeowner Affordability and Stability plan resource guide
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has created a resource guide to help REALTORS® better understand the Obama Administration's new housing programs -- "Making Home Affordable Refinance" and "Home Affordable Modification."
This new resource guide provides a summary of the programs and links to a variety of sources for more detailed information.
The new C.A.R. resource guide can be found at www.car.org/governmentalaffairs/federal/hrlmp/...'
and the following piece:
"... Details of $75-billion housing plan unveiled.
President Obama unveiled details of his plan to stabilize the housing market, which could help up to 9 million homeowners refinance or modify their mortgages.
The plan has two main components, one for helping homeowners whose homes have lost value and have little or no equity to refinance, the second to help struggling borrowers by providing government incentives to lenders to lower mortgage payments to 31 percent of a borrower's monthly gross income.
To read the full story, please click here..."
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