A Rather Blustery Day In Elko!!!

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Yesterday wind, today, snow! But at least it's not blowing today and the dust has settled under the snow.

Audio from NPR, March 30, 2010

Fed To Stop Purchase of Home Backed Securities- This creates the probability of increasing mortgage rates.

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Give yourself an education on the process of foreclosure and what you might do to prevent it...

Foreclosure Information for distressed homeowners...give me a call- I am Short Sales & Foreclosure Resource certified with the National Association of Realtors!

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Wall Street Jouranl: Foreclosures On The Rise...

Tick tock ... time is running out! Only a month left until the federal First Time Homebuyer Tax Credit expires. You have until April 30, 2010, to contract the purchase of a home, and must close by June 30, 2010, to receive up to a $8,000 tax credit. Call me to learn more....

When Not To Pay Down A Mortgage- NY Times

From the March 20, 2010 New York Times:

http://http://www.nytimes.com/2010/03/20/your-money/mortgages/20money.html?emc=eta1


So, if you have a low interest rate, it may now be in your best interest to not pay off early...what do you think??

Facing Foreclosure? Tips....

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Uncle Sam To Pay Incentives For Short Sales?

In this potential program, a home owner in danger of foreclosure may recieve financial incentives, along with their lenders, to grease the wheels of a sale at less than is owed on the loan.

Read about it and the hoped for benefits:


http://www.nytimes.com/2010/03/08/business/08short.html?pagewanted=all