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Hope for Homeowners (H4H)implemented on Oct. 1, Guidelines are stiff! | Your Future Homes
https://realestateandyou.wordpress.com/2008/11/11/hope-for-homeowners-h4h
Hope for Homeowners (H4H)implemented on Oct. 1, Guidelines are stiff! H4H program allows troubled homeownerss to keep their home, while enabling lenders to receive a Federal Housing Administration (FHA) guarantee on the loans. Under the terms of the voluntary program, lenders agree to refinance the existing mortgage at 90 percent of the current appraised value and assume the loss on the remaining balance. The program is effective from October 1, 2008 to September 30, 2011. How the Program Works. 1 Homeow...
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What are my choices if I’m behind in my payments? | Your Future Homes
https://realestateandyou.wordpress.com/2008/11/11/what-are-my-choices-if-im-behind-in-my-payments
What are my choices if I’m behind in my payments? If you are behind on mortgage payments right now, chances are, you are in the middle of a storm. It’s scary, it’s unpredictable and you have stuff flying at you from all directions. The most important thing you can do is to keep moving and keep taking action. Like all storms, this too shall pass. What do I do? What are my options? Can I save my credit? Will I ever be able to by a house again? Option 3: Short Sale – This option is for the person who ...
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10 Step System to Thrive In This Market | Your Future Homes
https://realestateandyou.wordpress.com/2008/11/11/10-step-system-to-thrive-in-this-market
10 Step System to Thrive In This Market. 1 Wake Up. Stop spending money out of habit. For the next week keep a log of everywhere your money goes. Be totally awake and aware whenever you grab for your wallet. Start questioning yourself on every purchase. 3 Go Through Every Bill and Question It. Start with your insurance, price shop. Cut back on Starbucks. Is a cup of coffee really worth $3? 5 Stop Thinking of Yourself as a Consumer. When was it that us Americans went from being called ‘citizens’ to be...
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Pricing Homes in TODAY’S Market | Your Future Homes
https://realestateandyou.wordpress.com/2008/09/24/pricing-homes-in-todays-market
Pricing Homes in TODAY’S Market. The following is a quote from this month’s Sept. 2008. Real Trends commentary section regarding the elusiveness of the market turning in a more positive direction. Price adjustments on homes that are not selling are a critical element of what we do to get homes sold and closed. If we as an industry and our customers expect the market to be better tomorrow than it is today, pricing is the key. The question is: Do you or do you not want to sell your home? From your own site.
realestateandyou.wordpress.com
Your Future Homes | Page 2
https://realestateandyou.wordpress.com/page/2
What are my choices if I’m behind in my payments? If you are behind on mortgage payments right now, chances are, you are in the middle of a storm. It’s scary, it’s unpredictable and you have stuff flying at you from all directions. The most important thing you can do is to keep moving and keep taking action. Like all storms, this too shall pass. What do I do? What are my options? Can I save my credit? Will I ever be able to by a house again? Option 3: Short Sale – This option is for the person who ...
realestateandyou.wordpress.com
Obama Loan Modification Program | Your Future Homes
https://realestateandyou.wordpress.com/2009/02/16/obama-loan-modification-program
Obama Loan Modification Program. Found this on NYPost. Great advanced info on the soon to be announced Obama Mortgage Loan Mod Program. A cornerstone of the economic recovery plan that President Barack Obama is expected to unveil Monday will be modifying problem mortgages. In other words, as we have been predicting for almost a year on this blog Loan Modifications with principle reductions were inevitable. As outlined, this plan will be much broader in scope than the Federal Deposit Insurance Corp.’s...
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What’s Really Going To Happen With the Bank Bailout? | Your Future Homes
https://realestateandyou.wordpress.com/2008/09/26/whats-really-going-to-happen-with-the-bank-bailout
What’s Really Going To Happen With the Bank Bailout? Billionaire Mark Cuban summed it up here:. 1 The Bailout Hits. Euphoria on Wall Street. Stock Market goes up. 2 Banking Balance Sheets improve, Banks of all types say the problem is solved. They loan money to their biggest corporate and very rich clients. They have to, they dont want to lose their business. Of course, those corporate and rich clients borrow as much as they possibly can because they dont know when and if credit will dry up. ARE YOU FACI...
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Mortgage Bail Out Goes BYE-BYE | Your Future Homes
https://realestateandyou.wordpress.com/2008/11/14/mortgage-bail-out-goes-bye-bye
Mortgage Bail Out Goes BYE-BYE. Remember all the hype about the $700 billion dollar bailoutand how housing would be saved? We were ’sold’ into believing that the almighty Federal Government will save housing. Well, it seems that maybe.just maybe.the Fed overstated their true intentions. Put another way,. No bail out for the housing and real estate industry.no fix for the housing crisis. From a news release on Wed. Maybe they never really intended to do anything in the first place to help housing. Ok, fin...
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Home Prices Continue to Crash | Your Future Homes
https://realestateandyou.wordpress.com/2009/01/08/home-prices-continue-to-crash
Home Prices Continue to Crash. Honest is the best policy, correct? Below is what I’m hearing. Of course I would rather delight you by saying the opposite…. like, “The market is improving” … “Yes, you can sell your house for that high price” … etc. But then I would not be serving you well. If you are wanting to sell your home, then maybe you better sit down before reading the following. Said in a report today in Washington. Pending sales fell in all four regions. Today’s home-sales report showed declines ...
