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FACT SHEET: U.S. Treasury Department Office of Public Affairs releases Examples of How the Economic Growth Act of 2008 will Benefit Americans
See how the stimulus package will impact you...
From the Desk of Tom Carmody
Chairman of AHAA
“Housing Hits Trifecta of Bad News”
I certainly am aware that we are the midst of the worst housing situation in America since the early ‘90s, and one that may be the worst since the depression era. USA Today highlighted the problems on the front page of its Money section: high foreclosure rates, falling prices and vacant homes. Miami leads the way in falling prices, Nevada in foreclosures and vacant homes for sale across the nation are 800,000 than would be the case in a normal market. Most every market has suffered, and will continue to do so it seems.
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Introducing AHAA's most recent feature:
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Legislative Action Center
Congress set to modernize FHA
Congress holds the key to helping hundreds of thousands of homebuyers.
Tell Congress NOT to eliminate down payment assistance programs!
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Home Retention Information & Counseling
Homeowners may find themselves at the crossroads of financial risks. An unexpected illness or medical problem may arise, a job layoff, poor financial management, liens against your property, or just taking on more debt than you can manage can put you at risk.
If you find yourself missing mortgage payments, you have a place to turn for help. Members of AHAA can receive free counseling on how to approach their mortgage company about foreclosure alternatives and reinstatement options.
Contact us if you would like to speak with a certified counselor.
HUD Approved Counseling
There is also help available from The Department of Housing and Urban Development (HUD). They offer HUD sponsors housing counseling agencies throughout the country that can provide advice on buying a home, renting, defaults, foreclosures, credit issues, and reverse mortgages.
Click here to get started.