There is good news for sellers! Home sales are up! Loan money is flowing, interest rates remain below 5%, again. I sound like a broken record stuck on the good news.
Yet for many “distressed” home sellers, this may not feel like good news time. Yet there is good news for home owners upside down in their mortgages and making mortgage payments from credit cards and retirement funds to keep the house. Lenders will be participating in the new “HAFA” program starting 4/10/2010. If you’re not aware of this new foreclosure prevention program, call me today.