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Northeast Ohio Short Sales: The Homeownership Rate continues to drop

Northeast OH – Barron’s Magazine recently had an article titled “Renter Nation.” In it, they detailed the various factors at work that will reduce the homeownership rate in America.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

The homeownership rate has already dropped from 69.2% to 66.9% . . . → Read More: Northeast Ohio Short Sales: The Homeownership Rate continues to drop

More benefits to Clevelanders in foreclosure

Here are a few more details about the Obama spending plan to help homeowners.  I wrote about some of the benefits to the borrower for doing loan mods last week.

1.)  The new plan incentives banks to offer plans that the homeowners can actually afford.  After 3 months of the homeowner remaining current on . . . → Read More: More benefits to Clevelanders in foreclosure

Will the OBAMA spending plan help Cleveland families in need?

Everybody’s is talking about the new Obama spending plan. Washington has directed approximately 275 Billion Dollars towards assisting Home owners to stay in their homes and find financial assistance in this current economic meltdown. . . . → Read More: Will the OBAMA spending plan help Cleveland families in need?