Making Home Affordable

February 18th the Obama Administration announced the Making Home Affordable (MHA) Program, a plan to stabilize the US housing market and offer assistance to up to 7 to 9 million homeowners by reducing mortgage payments to affordable levels and preventing avoidable foreclosures.

There are now updates to the program, including additional details on Foreclosure Alternatives and Home Price Decline Protection Incentives. Foreclosure Alternatives will help to prevent costly foreclosures by providing incentives for servicer and borrowers to pursue short sales and deeds-in-lieu of foreclosure in cases where a borrower is eligible for MHA modification but unable to complete the modification process. This program will assist homeowners who cannot afford to stay in their homes by helping them to avoid foreclosure and relocate to a home they can afford. Building on insights developed by the FDIC, Home Price Decline Protection Incentives will provide additional payments based on recent home price declines, and therefore will incentive additional modifications in areas where home prices have been falling. By increasing the available program modifications and the use of other options verses foreclosure, this will ideally reduce the negative impact of foreclosure, minimizing damaging costs for banks, borrowers and communities.

www.campaign82realestate.com

214-599-0063

MORE EFFORT TO AID HOMEOWNERS

Good news!! Friday the Obama administration announced new initiatives to help homeowners, potentially refinancing millions of them into fresh government-backed mortgages with lower payments!

This program is also meant to reduce the payments of borrowers who are unemployed temporarily. Also they will encourage lenders to note the value of loans held by borrowers in modification programs to make their mortgages more affordable.

The government is under much pressure from Congress to resolve the foreclosure crisis, which is effecting our economy and also putting millions of American at fist for losing their homes.

No Taxpayer money will be used for these programs. They will be supported by funds from the Troubled Asset Relief Program which is a $50 billion dollar fund. This program is set to help up to 3-4million homeowners over the next few years.

www.campaign82realestate.com

Tulsa County Down Payment Assitance Bond

Tulsa County is offering a bond that is only available to certain lenders. Campaign 82 can help you get this money!! This bond is up to 3% of your down payment which means you only own half of a percent!!! (1/2%, .50%). This bond require NO courses!!

Builder paid closing costs!!

- 620 credit score desired (but certain instances are considered)
- .50% down payment ($150,000 home=$750 dollars down
- Income
1-2 person family=$62,000 max
3 or more =$73,000 max

This money will not last!!! Get qualified today!!!

http://www.campaign82realestate.com/register.html
contact me directly
Amanda
918-899-9299

$8,000 + $40,000= $48,000!!!!

The tax credit is due to expire April 30th there is no time to waste! Find out if you qualify for this amazing once in a life time offer. Along with this credit Campaign 82 is proud to announce the offer of up to $40,000 dollars in down payment assistance. The combination of this once-in-a-lifetime offer.

This down payment assitance program was designed to help low to median income families find the home of their dreams. These homes are BRAND NEW and are available in Safford, AZ Willcox, AZ and McAlester, OK. These brand new homes are located within within city limits and are customizable.

Get started today with the free simple steps to getting approved.
www.campaign82realestate.com
Call Amanda and get started today! 918-899-9299

40down.com Affordable Housing Initiative (brought to you by First Home Partners)

Campaign 82 is happy to be a part of the Affordable Housing Initiative program that will be offered in 14 different cities over the course of the next 5 years. These BRAND NEW HOMES are for sale and qualify for up to $40,000 dollars in down payment assistance.

Down payment assistance means- NO DOWN PAYMENT IS REQUIRED by the home buyer. Each home buyer will go through a simple approval process, that has income restrictions and credit requirements. This program is offered on a first come first serve basis, Campaign 82 does offer a credit repair service, so those of you who do not qualify our credit repair solution can help!

Start your approval process today! Feel free to call Amanda with Campaign 82 for any questions! 918-899-9299

http://www.campaign82realestate.com/register.html

No more USDA Guaranteed?

So as I am sure that most of you or us who have taken advantage of the USDA financing know they are already running out of funding.

Although this news is disappointing its not the end of USDA. USDA also has a Direct loan program which can help millions more Americans finance the new home of their dreams.

The USDA Direct Mortgage Loan Program is a federal program offered through the United States Department of Agriculture. Rural Housing through the USDA program provides a number of homeownership opportunities to rural Americans, as well as programs for home renovation and repair. This is an excellent product and benefit for those individuals that qualify. Rural Housing also offers 100% financing opportunities for those who qualify.

Rural Housing loans are now easier to qualify and are a financially secure option for home financing regardless of your situation.

There are several advantages to using USDA ’s Home Loan Program.

• 100% Financing
• No Monthly Mortgage Insurance(MI)
• Low Mortgage Interest Rates
• Low Closing Costs
• Zero Down Payment.
• Easy Credit Qualifying
• Never a Pre-payment Penalty

To those who were planning on using USDA guaranteed...

SFH Origination News

From the National Office in Washington DC

	Single Family Housing Guaranteed Loan Program

March 10, 2010

Notice of Funding

This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010.

Once funding is exhausted, the Agency will not issue Conditional Commitments “subject to receipt of appropriated funds.” This is because it is not certain when additional funding will be available.

Limited funding may become available for disaster areas declared in 2008, or in disaster areas declared for Hurricanes Katrina and Rita. Limited funding may also become available as prior Agency commitments are de-obligated, however, such funding will be very limited.

We apologize for any inconvenience this may cause you. Should you have any questions, you may contact the Single Family Housing Guaranteed Loan Division at (202)720-1452.

To unsubscribe from this list, please do the following:

Go to http://www.rdlist.sc.egov.usda.gov and enter your email address and click on the “SFH Servicing News” checkbox and then click on the “Unsubscribe” button.

To Subscribe to this list or other available lists or unsubscribe an old email address and subscribe a new email address, go to http://www.rdlist.sc.egov.usda.gov and enter your email address and click on the appropriate e-mail list(s) to which you wish to subscribe and then click on the “Subscribe” button.

Campaign 82 Real Estate Announces Expansion

Campaign 82 Real Estate announced today that they are expanding their business and the verticals in which they can help home buyers across the U.S. get the information and representation that they deserve.

Campaign 82 was formed in 2009 with the goal to represent our clients and create an opportunity for our buyers. To accomplish this goal we realized that we needed to expand not only our brokerage from Texas to other states but we realized that our clients were getting turned down left and right with no solution!! Because of the lack of follow through we decided to incorporate two other facets to our Real Estate business, Credit Repair and Financing. Our Credit Repair division is designed and dedicated to improve our clients credit so that they can finally get approved for the purchase of the home of their choice. Our financing division is focused on knowing and understand all of the programs designed to give new home buyers an edge on making an educated decision on the available loans and finance programs that are available!!!

Subscribe to our blog to get more information!!

www.campaign82realestate.com

214-599-0063

All the talk about change

Every morning it seems there is a new article out about how the real estate broker will evolve in the next 5 years. The part that I do not get is the doom and gloom outlook, much of this being blamed on discount brokerages. What I don't get is this..
Why are Realtors still acting like we are in a seller's market? Agents need to shift their understanding that we are most definitely in a buyer's market. If they would truly shift to that understanding they would see that the sellers are actually increasing the commissions they are willing to pay an agent bringing a willing and able buyer. Based on pure supply and demand this will always be the case.