This federal government is encouraging banks to do more loan modifications to help homeowners stay in their homes longer. Lower payments will give the homeowners more control over the money that is coming out of their pockets. This means that home owners can breath a litter easier, and gear up to spend more on xconfort items, needed appliances and gifts, as we approach the holiday season. Tip for realtors: Start helping existing buyers look for short sale properties. let them know that Short Sales can take up to 6 months to close. So prepare your buyer's for the emotional let down, if they are looking for the $8,000 Tax credit this year... unless it gets extended.
http://sites.google.com/site/todaysrealestatetrends/
Alane Quien Realtor/Financial Advisor Prudential California Realty 1101 Sylvan Ave Ste A-7 Modesto, CA, 95350 Uinted States of America | Work: 209-758-3101 Mobile: 510-258-4371 Fax: 209-526-0967 aquien@prucalifornia.com | ![](http://www.mybloglog.com/buzz/yimg.php?tp=c&id=2009073114282179) |
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