Help is on the way for homeowners who owe more on their property than it is worth
If you or anyone you know is in a home with negative equity, FHA has announced a new loan modification program for those who qualify using TARP funds. Click on this link to hear FHA Commissioner explain how this program will work.http://www.cnbc.com/id/15840232?video=1451971342&play=1
A simple tip: If you need to sell in a short sale or possible foreclosure situation, consult a real estate attorney at your earliest convenience and use a Realtor who is knowlegeable about who this sale needs to be handled
