HUD Extends Unemployed Mortgage Relief Program DAILY REAL ESTATE NEWS | TUESDAY, AUGUST 30, 2011 The Department of Housing and Urban Development has once again extended its deadline for a program that provides up to $50,000 in interest-free loans to unemployed or medically ill home owners who are struggling to make their mortgage payments. The… [Read More]
Archives for August 2011
Short sales on the increase
Short sales on the increase According to RealtyTrac, short sales are increasing as a percentage of home sales in many states, helping some neighborhoods and homeowners avoid the more devastating impacts of foreclosures. The increases were sharper in some states, including California, Nevada, Michigan, Georgia and Colorado, the data show. In Colorado, short sales were 17% of… [Read More]