The Home Affordable Unemployment Program (HAUP) begins today. It is designed to provide relief to unemployed homeowners. HAUP (referred to as “UP”), “offers eligible unemployed borrowers a forbearance plan to temporarily reduce or suspend their mortgage payments.”
By August 1, 2010, ... 
As we predicted, today November 6, 2009 President Obama signed an extention of the home buyer's tax credit with a significant expansion.
Click Here for a quick matrix showing the differences.
Let me quickly summarize some of the these changes for you now:
First, the ... 
Dos and Don’ts of Homebuyer Incentives
Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them.
Be sure you’re sending the right message to buyers when you throw in a homebuyer incentive ... 
Freddie Mac analysts point to five features that they believe will likely characterize the 2011 housing and mortgage markets:
1. Low mortgage rates. With Fed observers expecting the central bank to keep the federal funds rate at its current target range ...
Dos and Don’ts of Homebuyer Incentives Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them. Be sure you’re sending the right message to buyers when you throw in a homebuyer incentive to encourage them to purchase your home. When you’re selling your home, the idea [...]
Los Angeles Real Estate predictions for 2011.
When it was time for George Gabelman to cook up some offers for his home, he hired a real estate agent. And he picked one the same way most people do: “He was a personal friend. I live in New Jersey and I come down here visiting and I met him one day [...]
The Home Affordable Unemployment Program (HAUP) begins today. It is designed to provide relief to unemployed homeowners. HAUP (referred to as “UP”), “offers eligible unemployed borrowers a forbearance plan to temporarily reduce or suspend their mortgage payments.” By August 1, 2010, all servicers who are participating in Making Home Affordable will be helping homeowners who [...]
Contact Lee Williams Keller Williams Palos Verdes Realty
Lenders and loan servicers participating in HAFA must sign a servicer participation agreement with Fannie Mae — the program administrator and financial agent representing the United States in this case — to participate in HAMP by October 3, 2010 (the previous deadline was December 31, 2009. This was updated March 26, 2010)1 Therefore, most [...]
Lee Williams is a Los Angeles Area Real Estate Agent who has appeared on MSNBC, the Oprah Winfrey Show and TechTV. Dedicated to serving investor, first time and move up buyer clients with one simple rule, you come first.
Contact Lee at (310) 882-5428
email: LeeWilliams@KW.com
or visit http://LeeWilliams.YourKWAgent.com
DRE#1726182
