According to the Mortgage Bankers Association survey, November reached the highest level of mortgage delinquencies in history. Job losses seem to be contributing to the rise of mortgage payment delinquencies. Read more: http://kathleeninarizona.com/archive_details.php?arch=742. It is no surprise that 4.5% of US Homes are in foreclusre today.
Another factor to consider; approximately 15 million homeowners are underwater and want to just "walk away" and are doing it. Many are burdened by too much debt, changes in employment, and just don't qualify for a loan modification. The newest plan that just came out is a "Deed in lieu of lease". How does this new plan help preserve homeownership? Read more: http://kathleeninarizona.com/lease-f26628.html
Is it not our goal to help Americans PRESERVE HOMEOWNERSHIP?
Monday, November 30, 2009
Friday, November 6, 2009
New bill to be signed by President Obama to extend first-time homebuyer credit
GOOD NEWS!!
A new bill is waiting for President Obama's signature to extend the first-time home buyer credit, increase the income limit to $125k for an individual and $225k combined for a married couple. The bill will also add a new credit of $6,500 for existing buyers that have lived in their current home for at least five years.
Read the entire article:
http://kathleeninarizona.com/archive_details.php?arch=737
A new bill is waiting for President Obama's signature to extend the first-time home buyer credit, increase the income limit to $125k for an individual and $225k combined for a married couple. The bill will also add a new credit of $6,500 for existing buyers that have lived in their current home for at least five years.
Read the entire article:
http://kathleeninarizona.com/archive_details.php?arch=737
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About Kathleen Mazzocco
- Kathleen Mazzocco, Realtor in Anthem, AZ Relocation to Scottsdale, AZ
- Scottsdale, AZ, United States
- Kathleen has worked with a variety of clients and employees from across and outside of the country, and this has given her a firm grasp of all the details that need to be considered when buying a home in Scottsdale, Anthem, or other areas of Phoenix, Arizona. Kathleen is a AZ Corporate Relocation Professional, and Buyer's Agent. She doesn't just help you find the home you want, she also insures that you're settling in well and that you have all the information you need in order to enjoy the highest-quality lifestyle Arizona has to offer. Begin your plan moving to Arizona with Kathleen today. It's a buyer's market right now, so there are great opportunities for you to land the home of your dreams for much less than you ever imagined possible. Acquiring property foreclosures, short sales, and bank owned homes are ways you can save in today's market. As Certified Distressed Professional she can negotiate the best possible price and terms for you. Please browse through Kathleen's website and let Kathleen Mazzocco help you come home to Arizona,search the newest home listings at www.KathleenInAZ.com.