Monday, March 23, 2009

New Website to Help Homeowners



Making Home Affordable is part of President Obama's comprehensive strategy to get the housing market back on track. Through the Making Home Affordable Program, up to 9 million American families may be eligible to refinance or modify their loans to a payment that is affordable now and into the future.

On March 19, 2009, the Obama Administration unveiled its new website on its Making Home Affordable Program. The program has two main components: (1) refinancing of Fannie Mae and Freddie Mac loans for borrowers who are current and have loan-to-value ratios of 80%-105%, and (2) loan modification for borrowers in default or at imminent risk of default who have high debt-to-income ratios and mortgages with balances up to $729,750. The new website is designed to make information about eligibility, free counselors, and other program details readily available. It also includes links that let borrowers learn whether they have a Fannie Mae or Freddie Mac loan. These programs are key elements in the effort to turn around the housing market by preventing foreclosures and avoiding unnecessary increases in the inventory of unsold homes.

Important Links: Commonly Asked Questions

Sources: National Association of Realtors, Making Home Affordable US Government Website

Tuesday, March 17, 2009

Wuffers Spring Marathon to Benefit Catawba County Humane Society


Saturday, March 29th, 2009 at the Hickory High School Track




Get your team of 10 together for the first Wuffers Spring Marathon Walk to benefit Humane Society of Catawba County. Teams of up to 10 will walk/run a total of 26 miles. The team cost is $100 and includes an official event t-shirt, goodie bags and food and drink. Team members should seek sponsors for each lap they complete. Dogs which are current in their vaccinations, have proof of a current rabies vaccination, and on a leash may walk with your team members. Registration begins at 8:00 AM. --- Marathon Walk 9:00 AM -3:00 PM

Download and print the brochure. It includes the registration form and space to keep track of your sponsors.

Monday, March 16, 2009

Below Tax Value Property










MLS ID #: 9544920

Three bedroom/two bath home with an asking price of 57,630 is listed well below tax value.
1950 square ft. home on .52 acres. Foreclosure built in 1950.

Seller to make no repairs, sold in strictly as is condition, purchase for as little as 3 percent down. Property approved for Homepath renovation mortgage financing. For more information about HomePath financing and inventives, please visit http://www.homepath.com/

Property is located in Hickory, NC. Call 828-514-9491 to schedule a showing.