Archive for September, 2008

Homes Amongst Foreclosure Listings a Good Bet

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Around four hundred thousand homeowners are to benefit from the recently passed housing bill. The bill also includes a clause which is to provide home buyers buying their first home a loan of up-to $7,500. This interest free loan will have 15 years to be paid of in and comes in the form of tax [...]

San Diego Foreclosures To See Better Times

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;The ‘Mortgage Reform Bill’ passed by the congress, and signed into an Act by President Bush, sends a ray of hope to homeowners of homes facing foreclosures in San Diego. Frannie Mae and Freddie Mac, who together handle close to half the country’s mortgages are to receive relief, however how this will help San Diego [...]