Avoid a Short Sale, Stay In Your Home – New FHA Refi Starts September 7, 2010

August 21, 2010

 

A recent article by The Pennsylvania Association of Realtors outlined a new program being rolled out by the U.S. Department of Housing and Urban Development (HUD). Offered through the Federal Housing Administration (FHA), This will allow some homeowners to refi their homes even though they may owe more than the market value. The program will allow for lenders to to write off at least 10 percent of the unpaid principal balance of the first mortgage.

Click on the link below to read the article, courtesy of the Pennsylvania Association or Realtors.

FHA launches short refi for underwater homeowners.

Please leave any comments or questions.

Cal Williams

Mechanicsburg Realtor

Straub and Associates Real EState Group

www.calwilliams.com


Mechanicsburg Open House- Sunday August 22. 1-3 PM

August 20, 2010

Real Estate open house Sunday August 22, 2010. Donald Trump and Brett Michaels will not be there, but Cal Williams from Straub and ASsociates Real Estate will be.!

Stop by to ask any and all of your real estate related questions. ( im also good at Beatles, Disney and Philadelphia Phillies Trivia as well.)

This is a beautiful Mechanicsburg home, priced to sell. Mechanicsburg Real Estate is hot.

CLICK BELOW FOR DESCRIPTION AND DIRECTIONS…

For Sale: 3BR/2+1BA Townhouse in Mechanicsburg, PA, $259,500.


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