Ana Bermeo Realty

HUD-approved housing counseling agencies are available to provide you with the information and assistance you need to avoid foreclosure. As part of President Obama's comprehensive Homeowner Affordability and Stability Plan (HASP), you may be eligible for a special Making Home Affordable loan modification or refinance, to reduce your monthly payments and help you keep your home.

Foreclosure prevention counseling services are provided free of charge by nonprofit housing counseling agencies working in partnership with the Federal Government. These agencies are funded, in part, by HUD and NeighborWorks® America. There is no need to pay a private company for these services

Visit http://www.hud.gov/offices/hsg/sfh/hcc/fc/ for more infromation... and if you are considering a short sale speak with me first.

With all the noise surrounding the “robo-signing scandal” and subsequent foreclosure freeze, it may have taken some by surprise that the banks would issue another “freeze” on their foreclosure processes. But as we predicted, the major banks — as well as Fannie Mae and Freddie Mac — will postpone their foreclosure procedures from Dec 20-Jan 3.

Again, it is our position that this freeze will only mean more time for homeowners facing foreclosure to find solutions like short sales, mortgage modifications, forbearance/repayment plans, renting the property and more.

Time is only one gift distressed homeowners should have this holiday season … as an educated real estate professional, we can also give them the gift of hope.