Mortgage Workouts May Be Tax Free
If you have any part of mortgage debt “relieved” in 2007, 2008 or 2009 – Don’t miss this helpful TAX BENEFIT! Click HERE for DETAILS.
The Housing Economic Recovery Act of 2008
Are you wanting more information on the HR 3221 bill? This SUMMARY will help explain the details in terms you can understand – all in all, it looks like a very good deal that is needed to help get the overall housing market back on track. CLICK HERE to read the Summary.
OHFA
The Ohio Housing Finance Agency just increased the interest rate to 6.25% unassisted and 6.75% assisted with 3% to borrower. Still a great rate for those wanting to be Home Buyers! ohfa-noticeofratechange-07252008-pdf
Downpayment Assistance in Trouble!
There has been much going back and forth and the small victories that Nehemiah and AmeriDream have been able to achieve – will wain if the overall battle is not won! All people should be speaking out as to their position on the matter – as a House Bill is set to ELIMINATE the Downpayment Assistance programs. Read the Washington Post article to learn more. (more…)
Just When You Think Your Voice Won’t Be Heard
As a Realtor, we are asked to “voice our opinion” and try to lobby for things within the real estate market that need to be protected / preserved / changed / updated / done away with. Many times – the result of our one voice may seem lost in the multitude of so many others – but here is a reply I received today that I thought I would share. Preserving one’s ability to buy the American Dream is what have been fighting for! (more…)
Ohio Housing Finance Agency approved $6 million of additional funding
If you think all the news regarding real estate is “bad” – how about a little GOOD NEWs? There are great programs out there – you just need to know where to look and how to get involved… Don’t be afraid to ask someone in the real estate community – I’d be glad to talk with you or find a program that may help you! (more…)