The federal government is making $1 billion in loans available to help home owners who’ve lost their job in the downturn meet their mortgage payments. Loans under the Emergency Homeowner Loan Program are for five years and are interest free. Eligibility extends to households earning 120 percent of the area median income and whose income is at least 15 percent less than what it was prior to their job loss. The program will be administered by national nonprofit NeighborWorks America and available in Puerto Rico and the 32 states not assisted under the U.S. Treasury Department’s program for helping the country’s hardest-hit foreclosure states. Loan applications could be available by the end of the year, says the U.S. Department of Housing and Urban Development. For more info contact Bill Gilmartin, 202/383-1102.
Friday, October 29, 2010
Thursday, October 28, 2010
There's an App for that - finding energy efficient bulbs
It seems like everyone is creating an App to make our life easier, check this one out: http://rismedia.com/lowes/8355/10805
Wednesday, October 27, 2010
Recent Foreclosure fiasco explained
Interesting article shedding light on what's been going on recently and some thoughts on where investors stand as the banks play "where is the note"? http://www.cnbc.com/id/39874198?__source=RSS*tag*&par=RSS
Monday, October 18, 2010
B of A partially lifts foreclosure moratorium
In a show of confidence that it's foreclosure processes were found to be sound, B of A announced
today that it is partially lifting it's foreclosure moratorium http://www.cnbc.com/id/39729965
today that it is partially lifting it's foreclosure moratorium http://www.cnbc.com/id/39729965
Tuesday, October 12, 2010
San Diego County Foreclosure statistics - September
Here are the stats and charts of where we stand on foreclosures in the county: http://www.foreclosureradar.com/california/san-diego-county-foreclosures
Monday, October 11, 2010
FREE admission to Zoo for kids in October
Save $27! Did you know that October is a FREE month for kids at the San Diego Zoo? http://www.sandiegozoo.org/kidsfree/index.html
Thursday, October 07, 2010
Mortgage delinquencies fall for 5th straight month
Serious delinquencies fall for 5th straight month. Read more: http://blogs.wsj.com/developments/2010/09/30/serious-delinquencies-fall-for-fifth-month-in-a-row/
Wednesday, October 06, 2010
2011 Housing Market Forecast
The projection for 2011 is small increases in sales and median price: http://www.car.org/newsstand/newsreleases/2011forecast/
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