L high res 40percent

Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

blog-logo
rachel

News, Views and Opinions on Real Estate, Law and the North San Diego Community

blog-logo
rachel
L high res

Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

News, Views and Opinions on Real Estate, Law and the North San Diego Community

Posts Tagged ‘Help for homeowners’

Pending Legislation Could Help Homeowners Refinance

The Responsible Homeowner Refinancing Act, a recently proposed bill in the House of Representatives, would help millions of homeowners refinance at lower interest rates, thus saving thousands of dollars a year and rewarding those who have been responsible in keeping up with mortgage payments. HARP, he current refinancing program, only saves homeowners on the average…

Share
Read More

“Keep Your Home California” Program To Help More Homeowners

Keep Your Home California, a state program that was designed to help homeowners avoid foreclosure, has broadened criteria and may now help you keep your home. The program, which debuted just over a year ago with four ways to help distressed homeowners, will now offer mortgage relief to more state residents. The original program offered…

Share
Read More

Will Homeowners Really Be Helped by New HARP Changes?

Recently the Obama administration announced changes to the Home Affordable Refinance Program (HARP) that are aimed at helping homeowners refinance mortgages, even when there is no equity in their homes. Their goal is to help the millions of homeowners and prevent more foreclosures, but what is involved and will it really work? Some of the…

Share
Read More

Will Obama Job Plan Really Help Housing Market?

After many real estate industry complaints that the new Obama administration recovery plans did nothing for housing (aside from refinancing assistance plans, which as we all know still require lender cooperation), out comes a plan with that goal in mind. But will this new plan really help distressed inventory and jobs, or is it merely…

Share
Read More

How Bank of America is Helping Short Sales

Those of you who regularly read my blogs, or follow me on Twitter, know that I have been impressed lately with Bank of America when it comes to assisting with short sales. With a bad reputation in the past for not dealing with these sales in either a timely or attentive manner, B of A…

Share
Read More

The Latest Distressed Property News

There has been quite a bit going on in the distressed property market as of late, and if you are a homeowner who is underwater or are unable to continue to pay your mortgage, there is some good news on the horizon to help you. HAMP incentives increased for early borrower assistance: Fannie Mae has…

Share
Read More

Throw the Lenders to the Courts

Over the past several years there have been attempts to let judges take over lender issues, such as those related to foreclosures and bankruptcy. Some states, like California and New York, have allowed judges to intervene in ruling on improper foreclosures, or in cases where lenders assign mortgages for which they have no documented proof…

Share
Read More

Good News for Unemployed Citigroup Mortgage Holders

If you hold a mortgage with Citigroup and are unemployed, the announcement made March 3 can help you with your payments. Citigroup has created a new program whereby it will temporarily lower mortgage payments for borrowers who have recently lost their jobs. Qualifications: 1. Recent job loss (you must provide proof of unemployment and sign…

Share
Read More