Foreclosure
December 2009

Sell Your Home Faster-Learn The Home Selling Secrets Of Successful Sellers

December 22, 2009 by Financemyhome · Leave a Comment 

Here is a special report that outlines over 450 ideas on how to sell your home faster.  This report is just one of the many home buyer, home seller, and investor reports that I can make available to you.  Read this report and call me to arrange a time to see how I can help.  Download Now

 



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Homeowners Assistance Program-Department Of Defense

December 17, 2009 by Financemyhome · Leave a Comment 

http://hap.usace.army.mil/ Look at this-From the website:

The Department of Defense (DOD) is proud to offer the Homeowners Assistance Program (HAP) to eligible service members and federal civilian, including non-appropriated fund, employees. The program is authorized by law, and administered by the US Army Corps of Engineers (USACE) to assist eligible homeowners who face financial loss when selling their primary residence homes in areas where real estate values have declined because of a base closure or realignment announcement.

The American Recovery and Reinvestment Act of 2009 (ARRA) temporarily expands the HAP to assist service members and DOD employees who are wounded, injured or become ill when deployed, surviving spouses of service members or DOD employees killed or died of wounds while deployed, service member and civilian employees assigned to BRAC 05 organizations, and service members required to permanently relocate during the home mortgage crisis.

 



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Financial Help for Homeowners Displaced by Foreclosure

December 17, 2009 by Financemyhome · Leave a Comment 

New Pilot Program for Former Homeowners in Dakota, Ramsey and Washington Counties The Minnesota Home Ownership Center is pleased to announce a new pilot program that may assist families AFTER the foreclosure of their home with up to $2,500 to relocate and secure alternative housing. Funding for this pilot program has been provided by the Saint Paul Foundation Community Economic Relief Fund. For now, homeowners being displaced must have owned in Dakota, Ramsey or Washington Counties during this pilot program. Depending on need, and availability of future funding, the program may be expanded. Funds may be used for:

· Moving expenses
· Security deposits
· Up to half of monthly rent for first three months
• Utilities (gas, electric, water)

Homeowners should contact the foreclosure counselors at the following organizations:

Dakota County: Dakota County CDA
Ramsey County: City of Saint Paul PED
Washington County: Washington County HRA
Spanish-Speaking homeowners (In the three counties): Neighborhood Development Alliance
Due to limited funding… these grants are available on a first-come, first-served basis.

HERE IS THE LINK: http://hocmn.org/Stock/Editor/file/FACT%20SHEETS/FactSheet_FinancialHelpDisplacedHomeowners_ReHousingGrant.pdf

 



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Real Estate Investing-Everything You Need To Know!

December 16, 2009 by Financemyhome · Leave a Comment 

I came across this e-book and I wanted to share it with you.  I thought the information was useful, the rolodex link in the back of the book with investor resources was incredible.  I think you will enjoy it-it is a pretty light read.  If you get all fired up and want to start looking for property, just give me a call.

realestate cover s Real Estate Investing Everything You Need To Know!

 



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Making Home Affordable

December 8, 2009 by Financemyhome · Leave a Comment 

Recently the government published an update to what had come out earlier in the year.  This new report shows what is being done to help homeowners sell their home or make an arrangement with their lender.  Download the report at this link.  This should make the process of coming up with a solution that much easier, now that they have defined the guidelines better.

http://www.treas.gov/press/releases/docs/05142009FactSheet-MakingHomesAffordable.pdf

 



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Introduction of Home Affordable Foreclosure Alternatives – Short Sale and Deed-in-Lieu of Foreclosure

December 3, 2009 by Financemyhome · Leave a Comment 

This is FANTASTIC NEWS!!!  FINALLY, they are establishing minimum requirements on resolving the short sale procedural process.  Here is the link to the government news release:

https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf

Short Sales have been difficult to close, and these new measures are a huge step in the right direction. One major highlight: A lender must give a yes or no answer to an offer within 10 days. Also included: a moving allowance, incentives for sellers and lenders, commission rules, and a stipulation that releases sellers from debt liabilities.

 



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Foreclosure