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FHA Gives Unemployed Homeowners A One Year Relief If You Qualify
Obama Administration Offers Assistance to Unemployed Homeowners
On Thursday July 7th, 2011 according to www.hud.gov starting August 1, 2011 the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year. The administration also request that HAMP (Home Affordable Unemployment Program) servicers also extend the forbearance period to 12 month. . This program will let qualified unemployed Brooklyn homeowners go without making monthly mortgage payments for 12 months before servicers can begin the foreclosure process.
Brooklyn homeowners this is another opportunity to help you stay in your home if possible. If you are unemployed and behind on your mortgage speak to your lender/mortgage servicer regarding this option.
Source: www.hud.gov press release dated July 7th 2011
When you are ready to sell your Brooklyn home/Brooklyn Real Estate feel free call me at
917-861-9166
Michele Cadogan
Fillmore Real Estate
Licensed Real Estate Associate Broker
www.brooklynhomesbymichele.com
LOWES' is offering a free subscription to it Creative Ideas magazine for Home And Garden. This magazine is published five time a year. It offers great ideas for decorating and remodeling projects. You can also subscribe to Lowes' Outdoor Living and Creative Ideas for Weekend Projects.
go to www.lowes.com/subscribe
Get Pre-Approve By A lender
An Approval will let you know how much you can spend on your new Brooklyn New York home. It will give you an estimate of your monthly payments. Also, when you are ready to make an offer onBrooklyn Real Estate having an approval inplace will help speed up the acceptance process. Sellers will know that you are serious and ready to go.
Home Repair Assistance Loans for New York City Seniors - Senior Citizen Homeowner Assistance Program
SCHAP
If you are a Brooklyn Senior Homeowner who needs financial assistance to repair your Brooklyn New York Real Estate home the SCHAP program maybe ideal for you. SCHAP provides low or zero interest forgivable loans to New York City homeowners over 60 years of age to make repairs.
HPD in addition to the Parodneck Foundation provides these loan up to $40,000 for a single-family home and up to $30,000 per dwelling for 2-4 family houses to low and moderate income seniors.
For addition info visit: nyc.gov or contact the Parodneck Foundation at 212-431-9700 x 300
When you are ready to buy or sell Brooklyn Real Estate , feel free to contact me at 917-861-9166. I can assist you with your Brooklyn Real Estate needs.
Michele Cadogan
Fillmore Real Estate
Licensed Real Estate Associate Broker
Brooklyn New York Landmark Historic Districts
Albemarle-Kenmore Terraces
Alice and Agate Courts Historic District
Boerum Hill Histroic District
Brooklyn Academy of Music Historic District
Brooklyn Heights Historic District
Carroll Gardens Historic District
Cobble Hill Historic District
Crown Heights North Historic District
Ditmas Park Historic District
DUMBO Historic District
Eberhard Faber Pencil Company Historic District
Fiske Terrace
Fort Greene Historic District
Fulton Ferry Historic District
Greenepoint Historic District
Ocean on the Park Historic District
Park Slope Historic District
Prospect Heights
Prospect Lefferts Gardens
Prospect Park South Historic District
Bedford Stuyvesant- Stuyvesant Heights
Vinegar Hill Historic District
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