Tag Archives: HARP

Foreclosure Settlements Expiring for Homeowners

Time has run out for millions of homeowners who lost their home to foreclosure in 2009 and 2010 to have their cases reviewed for errors. As part of a settlement between federal bank regulators and mortgage servicers, homeowners whose cases … Continue reading

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HARP 2.0 Intends to help more homeowners, but who qualifies?

This March, the Obama administration will implement a newer version of the federal Home Affordable Refinance Program, dubbed HARP 2.0.  The original HARP program which was created in 2009 helped less than 30 percent of the homeowners it intended to … Continue reading

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Fiscal Cliff Weighs Heavily on Short Sale Transactions

As 2012 comes to a close, the status of the resolution of the Fiscal Cliff has Realtors biting their nails as their transactions are in jeopardy and homeowners worried that they stand to lose thousands of dollars in taxes.  Regardless … Continue reading

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Short Sale Homeowner Receive Tax Relief For Three More Years: Mortgage Forgiveness Debt Relief Act Explained

Homeowners who are victims of the burst housing bubble found a solution to their plummeting home values and their underwater mortgages in the popular trend of short sale transactions. This act of allowing the lender to accept the sale of … Continue reading

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Loan Modification Programs Help Struggling Homeowners

Until recently, struggling homeowners who are underwater in their mortgage had little choice to dig their way out of their financial crisis. The alternatives were Foreclosure or Short Sale, which results in them losing their home and damaging their credit. … Continue reading

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