As a real estate professional, I am in the business of helping people find and sell homes.  However, due to the current market trends, I am finding that I am also called upon by clients (including family and friends) to help them “stay” in their current home.  This is certainly a calling I am happy to help with.  I thought the following information would be helpful

 If you are a homeowner who would like to refinance into a lower interest rate but otherwise couldn’t due to the falling home prices, you will find the the following link very helpful.  It does not matter whether you are or are not behind on your payments.  This plan is targeted to help those that COULD be at risk, due the current market as well as the higher interest rate that your loan may currently have.  I would encourage anyone to contact their own lender after reading this plan to help them stay in their current home.   

 http://www.treasury.gov/initiatives/eesa/homeowner-affordability-plan/FactSheet.pdf

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