US Senate Agrees on Foreclosure Prevention Bill

With this new bill bankruptcy judges will be given the power to alter borrowers mortages, provide for councling and also a $7000.00 Credit for buyers who buy foreclosed properties. See entire article at  http://www.bloomberg.com/apps/news?pid=20601087&sid=ahxzNeEDeWoU&refer=home

Tags: Buying, Foreclosures, San Digo Real Estate

Related posts

Time to Move Up? Now May Be the Perfect Time. (0)
Hello world! (1)
Good News For […]


Time to Move Up? Now May Be the Perfect Time.

With all the negative talk in the media, why should we sell our house? The value of our home has gone way done. We made all these improvements and why should we sell for so much less? These are all very true statements. No body wants to give their home away. Now lets look at […]


Good News For Home Buyers

Good news for home Buyers. The Fed is increasing the the limit conforming limit from $417,00 to $729,750  in some areas. The link below breaks down the dollar amount by state and Metropolitan area.
 ”The Office of Federal Housing Enterprise Oversight (OFHEO) today announced it has temporarily increased limits on conforming loans offered by government-sponsored enterprises, Fannie […]


Hello world!

Hello all and welcome to my first blog.  As you know this is an opportunity to read and express your opionions or just ask questions. We are also looking for your input for other articles. What is important to you. Let us know.
We all know tht the Real Estate market is in a downward spiral. Forcloses and short […]