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The Wall Street Journal and news outlets have released information on a new program to keep your home and lower your payments. The full details have not been released but it is an overhaul of the HAMP program that will have some of the following options: 1. A new option in HAMP that allows . . . → Read More: New program: Keep your home lower your mortgage balance!  Leave a comment  Uncategorized  Adjustable Rate Mortgage, Andy Morris, Banks, Borrowers, Current, Exceptions, Fha Loan, Foreclosure, Implementation, Late Payments, Lenders, Loans, Mortgage Balance, New Option, Ohio Real Estate, Options, Period Of Time, Plea, Real Estate Broker, Refinances, Wall Street, Wall Street Journal According to this blog post: Short Sale Your Home… Buy Another Home…At The Same Time!. As a short sale specialist with plenty of former clients having done short sales this is very interesting. Until I ran into this article I was under the understanding unless you do, “semi-fraudulent” credit repair to remove legitimate entries . . . → Read More: Can I sell on a short sale and immediately buy another home? Yes but… With an increase in FHA loans being written, everyone should expect an increase in the number of FHA pre-foreclosure sales on the market. However, there are some changes in the guidelines of pre-foreclosure sale program also known as FHA short sale. These guidelines for the most part a significant improvement for anyone needing to . . . → Read More: Will the new guidelines for FHA short sales help you or hurt you? |
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