Effective April 1st, the Making Home Affordable Plan is part of President Obama’s comprehensive strategy to get the housing market back on track. Through the Making Home Affordable Program, up to 9 million American families may be eligible to refinance or modify their loans to a payment that is affordable now and into the future.
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Monthly Archives: April 2009
Making Home Affordable Plan Details
Communication/Persuasion
Better understated than overstated. Let people be surprised that it was more than you promised and easier than you said.
For effective communication, use brevity. Jesus said, “Follow me.” Now that’s brief! He could be brief because of all that he was that he didn’t have to say.
You cannot speak that which you do not know. [...]
U.S. FORECLOSURE INDEX: Foreclosures Surge in February to Reach Highest Monthly Level of the Foreclosure Crisis
U.S. FORECLOSURE INDEX: Foreclosures Surge in February to Reach Highest Monthly Level of the Foreclosure Crisis
SACRAMENTO, Calif. – Completed foreclosures in February reached the highest monthly total since the foreclosure crisis began, soaring by more than 67 percent over January’s reduced foreclosures, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a [...]
Will Mortgage Rates Drop Below 5%?
Mortgage rates, which have fallen nearly a percentage point since late November are likely to range between about 5% and 5.25% for the next several months, say some analysts.
That’s low by historical standards, and a sharp drop from November’s levels before the Fed intervened directly in the mortgage market. But it’s higher than the [...]
New Tax Incentives & Lending Requirements for Housing
Attempts by Federal and State governments in the first quarter of 2009 to stimulate home sales have resulted in the creation of significant incentives for buyers seeking to take advantage of attractive housing prices across the United States. In order to reduce the large inventories of available homes for sale and thereby stabilize housing values [...]
The Power of FOCUS
After Coaching hundreds of Lab Graduates over the last few years, and observing what made the successful ones the MOST effective, I have come to some conclusions. I have found, as I saw in my own career, that an extremely important trait to one’s success is your ability to FOCUS.
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An old mentor of mine always [...]
Real Estate Investors Flip Feast
Since the credit freeze began many buyers are unable to get conventional loans and sellers are forced to lowering their prices to rock bottom. The inventory of homes nationwide is over 9 months, buyers having the edge in most markets, and many are wondering when their market will turn around. That is, except for real [...]