Posts Tagged ‘loan modification’

Does it sound like it is too good to be true?

| Jeffrey Tung

Beware!! There are predators out there and they will take advantage of people in time of need. It is unfortunate, but be aware. When looking for help, just be careful when you make a commitment.  There are scams out there.
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Advance-Fee Loan Scams  brighthub.com)
15 Scams and Ripoffs Executed Through TV Ads  rawjustice.com)
Scammers Are Out There ...       [Read More]

Beware!! There are predators out there and they will take advantage of people in time of need. It is unfortunate, but be aware. When looking for help, just be careful when you make a commitment.  There are scams out there.
Related articles by Zemanta

Advance-Fee Loan Scams  brighthub.com)
15 Scams and Ripoffs Executed Through TV Ads  rawjustice.com)
Scammers Are Out There and They Want Your Money  consumereducation.suite101.com)
If it sounds too good to be true, it probably is  realself.com)

Possible extention for Federal Tax Credit

| Jeffrey Tung

Are you going to make the June 30th deadline? Hopefully you will since it’s been a stressful process. If you don’t make it, then let’s hope that Congress votes to extend the deadline 3 more months.  The Senate has approved the extension because of the enormous back log of sales and now it time for Congress to consider the ...       [Read More]

Are you going to make the June 30th deadline? Hopefully you will since it’s been a stressful process. If you don’t make it, then let’s hope that Congress votes to extend the deadline 3 more months.  The Senate has approved the extension because of the enormous back log of sales and now it time for Congress to consider the extension.
According to Vicki Cox Golder, president of the National Association of Realtors, said the extension was a matter of fairness.
“These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a work-flow jam with the lenders or other delays and might not be able to complete the purchase of their homes.”
I think it’s the right thing to do, especally since it’s not the buyer’s fault for not meeting the deadline.
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Home-Buyer Tax Credit Update: Senate Moves to Extend Closing Deadline  blogs.wsj.com)
American Land Title Association Urges Congress to Extend Closing Deadline for Homebuyer Tax Credit eon.businesswire.com)
Home Buyer Tax Credit close date extended? raincityguide.com)
Senate approves home tax credit extension seattletimes.nwsource.com)
Senate approves home tax credit extension sfgate.com)
Congress Considers Extending Home Buyer Tax Credit Deadlines findwell.com)
Senate votes to extend home tax credit deadline reuters.com)
UPDATE 1-Senate votes to extend US home tax credit deadline reuters.com)
Homebuyer Tax Credit Closing Deadline May Be Extended usnews.com)
Homebuyers could get more time for tax credit money.cnn.com)