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Monday, July 27, 2009

Buying a Home Before Summer Ends!

"California housing Finance Agency" has a new round of funding so its a good time to check them out! First time home buyers only sorry. Go to CALHFA site at: http://www.calhfa.ca.gov/

More Info on the President's Stimulus and CALHFA

The President’s Homeowner Affordability and Stability Plan has two components:
The Loan Modification
The Refinance
If you currently have a CalHFA loan, please see the information below.
LOAN MODIFICATION
Due to obligations to our bondholders and investors, CalHFA cannot effectively participate in the President’s Homeowner Affordability and Stability Plan. CalHFA borrowers, however, may be eligible for CalHFA’s Loan Modification Program; for more details, please see our
Loan Modification Program page.
REFINANCE

CalHFA loans do not qualify for the refinance portion of the President's Stability Plan because those loans must be held by Fannie Mae or Freddie Mac.
CalHFA is an investor, not a lender and cannot make loans directly to borrowers. To refinance, please contact a lender in your area.



Todays Real Estate Trends Free Information
Free information site at: http://sites.google.com/site/todaysrealestatetrends
To those who are buying investment only, prices are lowering especially if you are willing to buy outside the Bay Area! Contact me today at: alane@crosbyassociatesrealty.com


Get Started before Summer is over!

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