Here Is A Logical Discussion About Why You Should Buy A Home Now

The debate continues about when is the best time to buy a home...when prices are down, when prices are rising, when interest rates are down or when interest rates are rising.  When prices and rates go up, there is a fear that if one waits, it will be much more expensive to buy.  When prices and rates are down, greed comes into play, and the strategy is waiting until the prices or rates have hit rock bottom.  Well, we hit bottom a few years ago, and there aren't really any signs in our market that prices or rates are going to head downward anytime soon.  So, what are the logical reasons that you should buy now.  Read more here.

Keep Your Home California Provides Financial Relief For Seniors In Default On Property Expenses

Reverse Mortgage Assistance Pilot Program

The Reverse Mortgage Assistance Pilot Program was developed to provide assistance to low-to-moderate income senior homeowners who are in danger of losing their home to foreclosure due to their inability to pay the required property expenses associated with their Federal Housing Administration (FHA) Home Equity Conversion Mortgage (HECM) loan.
The Reverse Mortgage Assistance Pilot Program will provide an up-front, forgivable loan to eligible homeowners to be used to reinstate past due amounts (property taxes, homeowner’s insurance, homeowner’s association dues or assessments, and other approved property-related expenses) that were paid on their behalf by their mortgage loan servicer. Those who qualify for the program will also receive an advance of their approved property expenses for up to an additional twelve (12) months to enable the homeowner to recover from their hardship. The maximum amount of assistance is $25,000 per household.

Download Program Description

Participating Servicers

In order to qualify for the Reverse Mortgage Assistance Pilot Program, your HECM servicer must participate in the program. Below is the list of servicers participating in the Reverse Mortgage Assistance Pilot Program.
 Reprinted from