Sunday, July 26, 2009
Vacant homes are a huge problem in all neighborhoods. Please read enclosed article from USA today http://www.usatoday.com/news/nation/2007-07-01mosquitos_N.htm . How can you solve this issue? Keeping homes occupied and the home maintained is number one, also if you plan to move or have neighbor's who are selling and they need to have the home occupied please check out our free services to homeowners at www.azvacanthomesolutions.com.
Thursday, July 16, 2009
Mortgage Firms to Step Up Loan Modifications
In a letter to 25 loan processing firms, Timothy Geithner, the Treasury Secretary, and Urban Development Secretary, Shaun Donovan, have urged the firms to modify more home loans. Analysts say the Obama administration's loan modification program has not done enough to stem the rising tide of foreclosures so far. The program's effectiveness has been hampered by mortgage firms not being able to keep pace with the applications received for loan modifications. " We believe there is a general need for servicers to devote substantially more resources to this program for it to fully succeed and achieve the objectives we all share," wrote Geithner and Donovan in their letter.
The administration exhorted the firms to provide "an escalation path for borrowers dissatisfied with the service they have received" and suggest ways of improving the design of the program. Industry experts have been disappointed with the pace of the program so far. "We are not getting anywhere near the level of resolutions we expected," says Bruce Dorpalen, national director at Acorn Housing Corp. Housing councelors say there is a need to raise homeowners' awareness of the program. "Homeowners on their own are not able to navigate the system," says Maeve Elise Brown, executive director of Housing and Economic Rights Advocates.
AZ Vacant Home Solutions can assist homeowners in finding a company that can get the loan modification completed successfully, in most cases, when the homeowner has not been able to make any progress on their own. Get information on this topic by requesting it at info@azvacanthomesolutions.com
If your home is not selling as fast as you'd like and you need to move due to job relocation or other reasons, they can provide a home manager to stage the home and give it an edge in this difficult real estate market. Staged and occupied homes are proven to sell faster and often bring a higher sale price than a 'cold and vacant' home. Find out more about the company at http://azvacanthomesolutions.com/
The administration exhorted the firms to provide "an escalation path for borrowers dissatisfied with the service they have received" and suggest ways of improving the design of the program. Industry experts have been disappointed with the pace of the program so far. "We are not getting anywhere near the level of resolutions we expected," says Bruce Dorpalen, national director at Acorn Housing Corp. Housing councelors say there is a need to raise homeowners' awareness of the program. "Homeowners on their own are not able to navigate the system," says Maeve Elise Brown, executive director of Housing and Economic Rights Advocates.
AZ Vacant Home Solutions can assist homeowners in finding a company that can get the loan modification completed successfully, in most cases, when the homeowner has not been able to make any progress on their own. Get information on this topic by requesting it at info@azvacanthomesolutions.com
If your home is not selling as fast as you'd like and you need to move due to job relocation or other reasons, they can provide a home manager to stage the home and give it an edge in this difficult real estate market. Staged and occupied homes are proven to sell faster and often bring a higher sale price than a 'cold and vacant' home. Find out more about the company at http://azvacanthomesolutions.com/
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