All Posts Tagged With: "permanent"
Feds Start New Short Sale & Deed-in-lieu of Foreclosure Options
Large numbers of people facing foreclosure have been helped by the government’s Making Home Affordable program, but what about those who can’t succeed under the plan? Truth is, a lot of people who enroll in the foreclosure prevention program don’t make it. The government reports that through April 299,092 borrowers received permanent loan modifications under [...]
2Jun2010 | Peter G. Miller | 0 comments | Continued
Permanent Federal Loan Modifications Near 300,000
The federal government says 299,092 permanent modifications have now been completed under the Making Home Affordable program as of the end of April. The number is up almost 13 percent over March. The Treasury Department and the Department of Housing and Urban Development (HUD) say that 3,275,249 loans were at least 60 days late as [...]
17May2010 | Peter G. Miller | 0 comments | Continued
Can I Get A Loan For Raw Land?
Buying land, and later building on it, is generally a process with three financing needs. First, money is needed to acquire the land. Second, money is needed to construct “improvements” such as a home. Third, owners will want long-term financing once construction is completed. It’s usually best for borrowers to obtain acquisition, construction, and permanent [...]
30Aug2008 | Peter G. Miller | 0 comments | Continued
