Local News, Events and Activities

  The federal agency HUD's  announced Friday that, effective immediately, it is classifying any property that is at least 60 days behind on the mortgage or the property owner is 90 days or more delinquent on tax payments as a "foreclosed" home.   Officials say the new wordsmith-ing will help ...

Well, the 90 day Anti-Flipping rule went into effect but according to Marcia Geffner of Bankrate.com lenders may have a different interpretation of the rule... Homebuyers who need a loan insured by the Federal Housing Administration, or FHA, may be able to buy a recent foreclosure house now that the FHA has waived its so-called ...

 As the people in governement take time to read the details and talk to people who are directly affected by issues, some of the rules they have passed are starting to be modfied. This is one of them. Beginning February 1, 2010, your chances of buying a home using FHA financing on a property that has been ...

I was at a party the other day where people were discussing walking away from their home. This is a great article advising on some of the consequences.   Credit score will suffer; you could get ousted from home By Harriet Johnson Brackey Sun Sentinel (South Florida) We all talk about what-ifs. One big ...