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First-Time Buyers Get Help with CA Foreclosure Purchase
Arnold Schwartzenegger announced Monday that CalFHA’s Community Stabilization Home Loan Program will dole out the money, expected to help as many as 1,000 Californians obtain their piece of homeownership. The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by CalFHA — such as Alameda, Contra Costa and Riverside counties — and the foreclosure property must be specifically set aside for the program and owned by one of the participating lenders — including Wells Fargo, HomeEq, CitiMortgage and Fannie Mae.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Free foreclosure help and avoiding foreclosure information - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Bush Foreclosure Solution Just Adds Water
The provision that is the focus of the White House proposal goes to the crux of the bill – to amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income. At present, under the Tax Code a homeowner who loses a home to foreclosure has to pay income taxes on any portion of the mortgage debt the lender may decide to forgive. It wasn’t very long ago that President George W. Bush came out with a public policy statement negating any possibility of either a homeowner, or a lender bailout, given the impact the current
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How a Short Sale Can Stop Foreclosure, Short Selling Bank Foreclosures - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
