$446 Million is coming to California and $1 Billion nationally is being awarded from the Department of Housing and Urban Development’s Neighborhood Stabilization Program to buy up REOs (Real Estate Owned, also known as foreclosures.) The states awarded the most […]
Contrary to the news yesterday regarding resurrecting the first time home buyer credit, the White House said that there is no serious talk of reinstating the homebuyer tax credit. The Obama Administration is rolling out a new FHA refinancing program […]
It is being discussed. The Obama Administration is considering resurrecting the first time homebuyer tax credit. It is still too early to determine if they will, but since the tax credit expired, many have asked us here at the San […]
Now I know what people are going to say. It’s still a buyer’s market. This is true if your definition of a buyer’s market is affordable prices and low interest rates but as far as home prices are concerned probably not. […]
Has your mortgage got you feeling like you are trying to get away from a bad storm? If you can still afford to pay it, you may not want to walk away. Fannie Mae plans to fight back at homeowners […]
