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Archive for November, 2009

Mortgage Modification
Is your dream of Home Ownership fading away?

Is your dream fading away to the possibility of Foreclosure? This is a great article by Rismedia  about the process of Mortgage Modification and the many pitfalls and misinformation that is out there. Click Here to find out more about the process and what you need to do to get started on the road to dicovery. The most important thing to take away from the article is you need to have a plan of action and gathering the right information is the first step.

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Prime fixed-rate mortgages continue to be the driving force for foreclosures and represent 33% of the foreclosures started in the third quarter. Read more about it in this Article from the Mortgage Bankers Association. Click Here!

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Foreclosure Home

In this article published by Kimberly Miller of the Palm Beach Post, Florida is leading the Nation in Foreclosures with Banks taking back 12.74 % of the states mortgages. That is more that 1 in every 10 homeowners that are in default and the number is rising. To read more of this article, click here.

” If you continue doing the same thing, you will continue getting the same results ”

You are not alone and there is help available to you. Call us at 305-408-9200 for a discrete consultation to discuss your situation.

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According to the National Association of Realtors cheif economist, Lawrence Yun, the housing market is headed to a substainable recovery in 201o. It is led by the First Time Homebuyer Tax Credit  (Article from the IRS website) which has been expanded and extended to June 30th 2010.

Read more about the housing recovery in this artile from Rismedia. Click here to read the whole article.

This is great news for Distressed Home Owners and for move up and first time home buyers!

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