Tag Archives: Foreclosure

FHA changes may aid those who lost homes


FHA changes may aid those who lost homes. The Federal Housing Authority has shortened the mandatory waiting periods for an Kentucky  FHA-insured mortgage loan for those who have undergone foreclosure, deed-in-lieu, taken a short sale or declared bankruptcy during the economic recession.   Through its new program, Back to Work—Extenuating Circumstances, the waiting period for […]
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FHA expands mortgage backing to the once bankrupt | 2013-08-16 | HousingWire


FHA expands mortgage backing to the once bankrupt | 2013-08-16 | HousingWire.

SURRENDURING YOUR HOME IN BANKRUPTCY


SURRENDURING YOUR HOME IN BANKRUPTCY.   by: Tracy L. Hirsch, Attorney One of the hardest decisions a family has to make is deciding to surrender their home in a bankruptcy proceeding. Often times, this means allowing a home to go through the foreclosure process and discharging their mortgage obligations in a Chapter 7 bankruptcy. Many […]
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Obama foreclosure program helps some Louisville homeowners, but not many


Obama foreclosure program helps some Louisville homeowners, but not many. Related Articles Tea Party Rant II Awaits Next Homeowner Bailout – Bloomberg (bloomberg.com) Is Obama’s mortgage rescue program working? (stltoday.com) How to Avoid a Foreclosure in Long Island – Law – National, State, Local (rawbusinesslaw.com) Report: Chicago Homeowners Lost $3.1 Billion In Wealth Last Year, […]
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Realty Times – Get a HUD Home for $100 Down Get a HUD Home for $100 Down | Kentucky First Time Home Buyer Mortgage Loan


Realty Times – Get a HUD Home for $100 Down. via Realty Times – Get a HUD Home for $100 Down. Get a HUD Home for $100 Down | Kentucky First Time Home Buyer Mortgage Loan HUD Homes are Foreclosures owned by the Department of Housing and Urban Development (HUD) that were previously financed with […]
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News Release : Fannie Mae


News Release : Fannie Mae.

Credit Scores required for A Kentucky First Time Home Buyer in 2013


Have you ever thought what kind of credit score it takes to buy a home in Kentucky in 2013. I have supplied some examples below for Kentucky First Time Home Buyers so they can arm themselves with some knowledge and feel comfortable and confident when they take that step to get pre-approved to buy a […]
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Lost home to foreclosure but ready to buy again? Prepare to wait in lender ‘penalty box’


Lost home to foreclosure but ready to buy again? Prepare to wait in lender ‘penalty box’. Article by ALEX VEIGAAP Real Estate Writer 5:08 p.m. CST, February 22, 2012 LOS ANGELES (AP) — Next to filing for bankruptcy protection, nothing wrecks your chances of qualifying for a home loan like a foreclosure. And if you got […]
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Kentucky Home Buyer & Homeowner Mortgage Guide


Kentucky Home Buyer & Homeowner Mortgage Guide US Dept of Housing and Urban Development: (HUD) Homeownership Assistance in KY HUD approved housing counseling agencies in KY US Dept of Veterans Affairs- Louisville Office Kentucky Housing Corporation (KHC) State Housing Finance Agency KHC Homeownership Opportunities KHC Down Payment and Closing Cost Assistance KHC approved mortgage lenders […]
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You may owe federal income taxes in 2013 if you have a short sale, foreclosure


You may owe federal income taxes in 2013 if you have a short sale, foreclosure.