Cash is King for Homebuyers
According to this article published today by NBC NEWS business, 42.1% of all U.S. homes that sold in December were cash purchases as compared to 38.1% in November. In December 2012 … Continue reading
Tuolumne County FHA Loan Limits Reduced by over $100,000
Effective January 1, 2014 FHA loan limits in Tuolumne County will be reduced from $437,500 to $331,200. If you are currently in the market for a home over $331,000 … Continue reading
Congress Renews Mortgage Debt Relief Act!
On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars … Continue reading
HAFA Updates – Effective February 1, 2013
Program Updates Effective February 1, 2013 however, Servicers may implement changes immediately The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the U.S. Treasury Department and … Continue reading
HAFA- Extended Through 2013, 2nd Lien Payoff Increased & Much More!
UPDATES AND EXTENSION: EFFECTIVE JUNE 1, 2012 The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department. It is administered by Fannie Mae … Continue reading
HAFA, HAMP, HARP, HARP 2.0 … HELP!*
Staying on top of the string of programs created to help homeowners caught up in the perfect storm of a high unemployment, rampant underemployment and declining home values, can be … Continue reading