Showing posts with label HUD. Show all posts
Showing posts with label HUD. Show all posts

Jul 1, 2009

Orlando foreclosure help

There are counselors in Orlando approved by HUD that may help you avoid foreclosure and provide help. These counseling services are provided free and address foreclosure prevention, loan modification and refinancing. Don’t give up without making a call to one of these organizations. You do not have to pay for this help, these are nonprofit organizations.

Orlando agencies listed on HUD’s site as of 7-1-2009:
  • Acorn Housing - 407-254-5974
  • CCCS - 800-741-7040
  • H.A.N.D.S. Inc. - 407-447-5686
  • Metropolitan Orlando Urban League - 407-841-7654 X-334
  • Reliable Business Solutions Inc. - 407-482-2908

HUD

May 15, 2009

HUD hopes to speed up the short sale process

HUD is committed to streamlining and speeding up the short sale process as part of the Making Home Affordable program. This effort is part of the ongoing goal of reducing or eliminating foreclosure. Details on how this streamlining will happen involves; "....standard process flow, minimum performance timeframes and standard documentation, and it offers financial incentives to servicers and borrowers to pursue these alternatives to foreclosure." (Bolding mine)

In this market real estate agents working short sales often find themselves hurrying up to wait, which results in frustration and stress of the home owner and the real estate agent. Perhaps the financial incentives being offered to the lender will be the push needed to get the lender and the real estate agent working as one unified team. Perhaps it will result in timely returned calls and email responses. Perhaps it will result in status updates. Perhaps it will result in the right hand not only knowing but also understanding what the left hand is doing.

If that happens then the money will be well spent, the borrower will avoid foreclosure and we as real estate agents will have a tremendous amount of frustration and stress lifted off our shoulders.


Related Florida real estate views:

I have accepted an offer on my home subject to the bank approving a short sale. Does my agent have to list my home as pending?

Is this a short sale? I want to buy a home but don't want to wait that long.

Why overpricing your home will not work

Dec 19, 2008

Sweat equity grants help lower income first-time homebuyers

Search for homes

HUD announced awarding $26.5 million is sweat equity grants. These grants will help lower income first time homebuyers purchase a home.

Habitat for Humanity International received a large portion of the grant.


Related Florida real estate views:

First time home buyer, this market is for you!

New website, Florida Housing Help created to connect Floridians with housing assistance

Do you think buying a house at this time is a good idea?

Sep 18, 2008

Florida receives grant to assist with computer and Internet access

HUD awarded Florida $150,000 to use for computers and Internet access for public housing residents. Details of the portion of the grant awarded to Florida can be read here.

The communities receiving the grant should:
  • Help individuals to become computer savvy
  • Help with finding employment
  • Help with homework

The centers receiving the grant offer a variety of services to help residents achieve

  • Long-term economic self-sufficiency
  • Allow the housing authorities to hire staff to manage center activities or purchase equipment for the center.

Related Florida real estate views:

FDIC warns against mortgage fraud

HUD is coming to a theater near you

Florida receive HUD grant to develop housing for low-income elderly


- Greg Staker - Watson Realty Corp. - 407-304-0255

Jul 20, 2008

HUD is coming to a theater near you

HUD has announced that they are running public service announcements in movie theaters across the country in order to educate home buyers on fair lending rights.

This National public awareness campaign will run in 28 cities including 10 cities with the worst foreclosure rate.

The Florida cities and movie theaters listed are:
  • AMC Aventura Mall, 19501 Biscayne Blvd, Aventura FL 33180
  • AMC Pleasure Island, 1500 N Buena Vista Dr, Lake Buena Vista FL 32830
  • AMC Orange Park, 1910 Wells Rd, Orange Park FL 32073

In addition HUD also plans TV and radio spots and town hall style meetings in hopes that the ongoing education will reduce the amount of unfair lending practices.

Related Florida real estate news:

Mr. Postman look and see if there is a letter from FHA for me.

HUD program offers hope to Floridians

FHA expected to help thousands avoid foreclosure


- Greg Staker Watson Realty Corp. 407-304-0255

Jul 9, 2008

Florida receive HUD grant to develop housing for low-income elderly

Senior housing developments in 30 states will receive critically needed funding to get their projects off the ground thanks to more than $17 million in "pre-development" grants announced today by U.S. Housing and Urban Development Secretary Steve Preston. The grants are awarded to 63 project sponsors under HUD's Section 202 Supportive Housing for the Elderly Program.

Florida project sponsor recipients are:

Diocese of St. Petersburg $400,000
Diocese of Southwest Florida $400,000


According to U.S. Housing and Urban Development Secretary Steve Preston, "This funding will help these organizations cope with the complexities of developing vitally important elderly housing projects in their communities," said Preston. "These funds can make all the difference between these senior housing developments getting built or not. In many respects, it's our way of investing in our elderly just as they devoted so much of themselves to us."


Related Florida real estate views:

Few Florida single-family homes suitable for disabled or elderly

Homeless population decreases according to HUD


- Greg Staker, Watson Realty Corp., 407-304-0255

Feb 20, 2008

HUD offering free foreclosure seminar in Orlando

Preventing foreclosure is the topic and is free to homeowners who would like to attend. It will be held on Saturday, February 23 from 9 a.m. to 1 p.m.

Preventing foreclosure, short sales, credit counseling and down payment assistance programs will be discussed.

This even is being held at the Plaza Theatre, 425 N. Bumby Ave. in Orlando.

Call 407 648-6441 to register.


Related Florida real estate views:

HUD is coming to a theater near you

Mr. Postman look and see if there is a letter from FHA for me.

Help for Florida distressed borrowers


- Greg Staker - Watson Realty Corp. - 407-304-0255

Jan 14, 2008

Failing to rent to individuals with children will cost you.

HUD recently announced a settlement agreement with 2 Las Vegas landlords for their alleged practice of discriminating against individuals with children.

The owners of an apartment building agreed to "pay $75,000 to several tenants; to cease discriminatory practices against families with children; and to stop refusing to make reasonable accommodations to persons with disabilities".

Here is the complete press release from HUD.


Related Florida real estate views:

HUD is coming to a theater near you

Hats off to HUD

You are only as old as you feel.


- Greg Staker - Watson Realty Corp. - 407-304-0255

Nov 12, 2007

Homeless population decreases according to HUD

According to a HUD news release found here, the chronically homeless in the America dropped by nearly 12%.

The article further states that the drop can be attributed to an increase in supportive housing.


Related Florida real estate views:

Seminole County receives homeless report

VA is helping reduce the homeless population among veterans

Sep 30, 2005

Hats off to HUD

This was taken from the Florida property site:


As a result of Hurricane Katrina the U.S. Department of HUD is making all of their properties in the state of Florida available to FEMA for use as temporary housing. No properties will be listed for sale in this state until FEMA has determined which properties will be needed as temporary housing.



Related Florida real estate views:

Habitat for Humanity - House of cardboard

Florida receive HUD grant to develop housing for low-income elderly

HUD offering free foreclosure seminar in Orlando


- Greg Staker Watson Realty Corp. 407-304-0255