The suspension of foreclosures by GMAC Mortgage, JPMorgan Chase, Bank of America, PNC Financial Services Group, Goldman Sach’s Litton Loan Servicing and other large lenders that may follow suit could further rev…
Category: Miscellaneous
Emergency Homeowner Loan Program for Residents of 32 States
If you’re a distressed homeowner living in the 32 states that did not receive any money from the Hardest Hit Fund established in February, then you might qualify for the Emergency Homeowner…
Are Your Parents Asking You About Reverse Mortgage?
Different families have different parent-child relationship dynamics. Some parents don’t feel the need to inform their adult children about decisions that could impact their children in the future while others see to…
Foreigners Now Buying Homes Instead of Stocks
A rising number of foreign investors in U.S. stocks are now buying homes after finding out how low home prices have fallen and how they can earn more from buying homes than…
Nine Things You Need to Know About Flood Insurance
The flood insurance provision of the National Flood Insurance Program has just been extended by Congress to September 30, 2011, so it’s a good time for homeowners who don’t yet have flood…
Florida Topped the Third NSP Funding Round with $208.4 M
The continuing challenges faced by Florida must have prompted the U.S. Housing and Urban Development Department to give the state the biggest share of the $970 million granted by Congress to the…
Celebrities Sell Their Homes at a Loss Too
It’s not only ordinary homeowners that are struggling from declining home values; celebrities too. And they’re losing money not by the thousands, but by the millions. Recent home sales or listings by…
Florida Third in First-Time Homebuyer Credits Claimed from 2008 to 2010
A total of 149,066 Florida residents claimed first-time homebuyer credits, which were essentially grants, when they purchased their homes through the period January 2009 to July 3 this year, based on Internal…
A Surprising Discovery about Home Insurance Policyholders
Almost one-third of American homeowners don’t know the amount of their home insurance coverage and an additional 46 percent don’t know the amount of coverage for their possessions. These are the main…
Know Your Rights as Property Taxpayer in Florida
You may have received already your property tax assessment due March 31 next year, and you’re asking why it’s still high despite the significant drops in property values. If you feel that…