Shopping for Your Home Loan: HUD’s Settlement Cost Booklet

The U.S. Department of Housing & Urban Development (HUD) has released “Shopping for Your Home Loan: HUD’s Settlement Cost Booklet.”  Click the link below to view the booklet:

Settlement Booklet December 15 REVISED

Use a reverse mortgage to purchase a home

Click the link below for information on reverse mortgages to purchase a home:

http://www.hud.gov/offices/hsg/sfh/hecm/faqs_hecm.cfm

6 Corvas Court, Sewell, NJ $139,000

Three (3) bedroom townhouse in move in condition. Click the link for additional info.

http://www.postlets.com/res/2996107

Fannie Mae Offers “First Look”

Fannie Mae offers it’s properties to owner occupants for the first 15 days via its program called “First Look”.

Click the link below for the details of “First Look”.

http://www.fanniemae.com/newsreleases/2009/4868.jhtml?p=Media&s=News+Releases

IRS Publication 4861–Canceled Debts, Foreclosures, Repossessions and Abandonments

When negotiating a short sale on a mortgage, know what could be your future liability may be. Click the link below and go to page 11 and view table 1-1.

http://www.irs.gov/pub/irs-pdf/p4681.pdf

Fannie Mae offers a Deed-for-Lease Program

Fannie Mae is introducing the Deed-for-Lease program to enable homeowners and renters to remain in their property for up to 12 months.

Click the link below for additional information:

deed for lease instructions

Worker, Homeowner and Business Assistance Act of 2009

The Federal Home Buyer Tax Credit has been extended to April 30, 2010 and has been expanded to include existing homeowners that have lived in their principle residence for five (5) of the last eight (8) years.

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

Click the link  below for the fact sheet on The Worker, Homeownership, and Business Assistance Act of 2009

http://www.whitehouse.gov/the-press-office/fact-sheet-worker-homeownership-and-business-assistance-act-2009

H.R. 3548: Worker, Homeowner and Business Assistance Act of 2009

http://www.govtrack.us/congress/bill.xpd?bill=h111-3548

For Rent 26 Sheffield Lane, Turnersville, NJ $1,800

Four (4) bedroom 2.5 bath rental available for immediate occupancy. Click the link for additional info http://www.postlets.com/res/2952182

92 Midvale Lane, Willingboro, NJ $169,000

Four (4) bedroom 2.5 bath home with family room, den and enclosed patio that has been carpeted and freshly painted. Click the link for additional info. http://www.postlets.com/res/2930419

209 Paris Avenue, Brooklawn, NJ $89,900

Two (2) bedroom home with enclosed front porch and detached garage. Click the link for additional info http://www.postlets.com/res/2773658