Monday, January 24, 2011

7 REASONS TO OWN YOUR HOME

  • TAX BREAKS-You can deduct the interest you pay
  • APPRECIATION-Normally goes up in value
  • EQUITY-Money paid for rent is money you will never see again
  • SAVINGS-Building equity in your home is like a savings plan
  • PREDICTABILITY-Fixed rate financing - payment does not change
  • FREEDOM-The home is yours, fix it any way you like
  • STABILITY-Remaining in one neighborhood gives you a chance to be part of the community, meet friends you will have the rest of your life.

Wednesday, January 19, 2011

KEEP MY TENNESSEE HOME

Keep My TN Home: Helping Tennesseans Stay in Their Homes

TN’s Hardest Hit Fund is a program designed to help unemployed or substantially underemployed homeowners who, through no fault of their own, are financially unable to make their mortgage payments and are in danger of losing their home. Homeowners in some TN counties are potentially eligible for forgivable loans of up to $20,000 to cover up to 18 months of mortgage expenses. More information can be found  on the website at http://www.keepmytnhome.org/.

Sunday, January 9, 2011

8 TIPS FOR FINDING YOUR NEW HOME

Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Thursday, January 6, 2011

Introducing WaysHome - Avoiding Foreclosure


Today, January 6, Fannie Mae launched WaysHomeTM, a new interactive video to educate homeowners about their options to avoid foreclosure, motivate them to make the right decisions, and encourage them to seek help. WaysHome is part of Fannie Mae's Know Your OptionsTM consumer initiative to help today's struggling homeowners and is available on KnowYourOptions.com.

Overview


A unique and innovative learning tool, WaysHome allows homeowners to put themselves into real-life situations and make decisions -- then see the consequences of these decisions play out in front of them. Through WaysHome, homeowners can:




Participate in an interactive video simulation.  Select a character and go through the simulation "playing" that character.   Follow characters as they encounter financial hardships and challenges that affect their ability to pay their mortgage.   Choose different paths based on real-life situations.   Experience the positive outcomes or negative consequences of their choices (i.e., if they avoid taking action, foreclosure may be their only option).   Learn about options that may be available to help.  Discover the right paths to avoid foreclosure, know their options, and find their way home.

Benefits to You


Our research shows that many homeowners still don't know about -- or understand -- their options to avoid foreclosure. In fact, many homeowners who are seriously delinquent or in foreclosure have little to no contact with their mortgage company. WaysHome is designed to bridge that gap and encourage homeowners to take action before it's too late.
http://homepath.com/


Phyllis Shelton, ABR, GRI, e-PRO, GREEN
phyllisshelton@bellsouth.net

VISTI MY WEBPAGES
http://shelton.crye-leike.com/
http://soddydaisyhomesforsale.com/