Bank of America's Principal Reduction Program Underway
My very skeptical thoughts on this... Short Sales are successful, however, BofA does not want to pay the commissions, pay toward the 2nd and 3rd lien holders, past due taxes, etc...that is required in a Short Sale and in the HAFA program. Bank of America is going to...
Bank Of America Negotiating With Sellers Who Opt For Strategic Short Sale
This is fantastic news from Jack Schakett, Bank of America Senior Vice President for credit loss and mitigation strategies. A huge stumbling block for a homeowner doing a Short Sale is the fact that their lender may pursue a deficiency judgement. The government has...
Ontario, CA Council to Add 'In God We Trust' to the city seal at City Hall
This was such an uplifting and unexpected turn of events in our city. It makes us proud to be Residents of this city. Here is the story from our local newspaper. What is sad is that the newpapers editor had to find some "athiest" clown from another state...some place...
Rent A Home Or Buy A Home…What's Better In This Economy?
Obviously as prices come down, which obviously they have, renters who never thought they could afford a home now can. Add in a couple of government subsidies, like a tax credit and artificially low mortgage interest rates, and a touch of desperate un- or...
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