`(b) Purpose- The purpose of the HOPE for Homeowners Program is--`(1) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;`(2) to allow homeowners to avoid foreclosure by reducing the principle balance outstanding, and interest rate charged, on their mortgages;`(3) to help stabilize and provide confidence in mortgage markets by bringing transparency to the value of assets based on mortgage assets;`(4) to target mortgage assistance under this section to homeowners for their principal residence;`(5) to enhance the administrative capacity of the FHA to carry out its expanded role under the HOPE for Homeowners Program;`(6) to ensure the HOPE for Homeowners Program remains in effect only for as long as is necessary to provide stability to the housing market; and`(7) to provide servicers of delinquent mortgages with additional methods and approaches to avoid foreclosure.

The concept seems (at least on the surface) like it would work quite well in this market.In it's new form, he has three levels (Free, Gold, Platinum)New Form:It is the Platinum level where an investor can flip.IP = Buy at discount, Sell at appraised (to Buyer with down to 500Fico), Assign contract, Seller creates Note...

Reduced other ongoing expenses: Get multiple insurance quotes, evaluate telephone costs and extras, negotiate with plumbers and electricians to get a lower hourly rate, etc.6.

I just created a new post to see if anyone has ever experienced an accelerated note because they transferred title and the bank enforced the due in sale clause.

I've been studying like crazy but I need all the advise I can get.I'd like to start with wholesaling to create some income and cash flow first.I'm considering these markets: NYC, Bridgeport/Fairfield/Stamford CT/So.Cal/Miami, FLI'm willing to relocate and drive a cab if that's what it takes to make this work.A million thanks, Mark B.

I would love to then flip the property to a handyman end buyer to put in the 15-20k and create a property worth 220-230k.

Imaginary deadlines" create urgency which is somewhat of a necessity when dealing with any type of transaction both in real estate and any type of marketing.I am glad you added your strategy to my list though, I am sure not many people have ever thought of that one.

Water leaks create other issues, and, in some areas, termites can too.

Can someone help me create a lease option ad to run on craigslist?

If not, could one be created?