Monthly Archives: September 2012

Deficiency Judgment – The unfortunate final ‘gotchya sucker’ from your lender!

Update 2-18-2012:  Freddie Mac has decided to prohibit loan servicers from going after borrowers under deficiency judgments under certain short sale or deed-in-lieu of foreclosure actions. Source:  http://realestateinsidernews.com/nar-2/freddie-mac-no-on-deficiency-judgments/ For those who mail house keys back to the lender or have … Continue reading

Posted in Uncategorized | Leave a comment

HUD HOME Program – Efficient use of your taxpayer money?

HOME is the largest Federal block grant to State and local governments (about $2 billion annual distribution) designed exclusively to create affordable housing for low-income households. It’s a partnership with local nonprofit groups-to fund a wide range of efforts that build, … Continue reading

Posted in Uncategorized | Leave a comment

HOA Reserve Fund or Special Assessment – Pick your poison

Update 10-15-2014: A Reserve Study reveals an analysis of the current and forecasts the balance of the Reserve Fund and develops a plan to make repairs and/or replacements of common elements (i.e., pool, tennis, clubhouse, tools, supplies, equipment, etc.,) and … Continue reading

Posted in Uncategorized | Leave a comment