Brooklyn New York Unemployed Homeowners Facing Foreclosure- The FHA Is Giving You A One Year Break On Your Mortgage If You Qualify

 

FHA Gives Unemployed Homeowners A One Year Relief

Obama Administration Offers Assistance to Unemployed Homeowners

 

On Thursday July 7th, 2011 according  to  www.hud.gov starting August 1, 2011 the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year.  The administration also request that  HAMP (Home Affordable Unemployment Program) servicers also extend the forbearance period to 12 month.  .  This program will let qualified unemployed  Brooklyn homeowners  go without making monthly mortgage payments for 12 months before servicers can begin the foreclosure process.

Brooklyn homeowners this is another opportunity to help you stay in your home if possible.  If you are unemployed  and behind on your mortgage speak to your lender/mortgage servicer regarding this option.

Source: www.hud.gov    press release dated July 7th 2011

When you are ready to sell your Brooklyn home/Brooklyn Real Estate  feel free call me at  917-861-9166

Michele Cadogan

Fillmore Real Estate

Licensed Real Estate Associate Broker

www.brooklynhomesbymichele.com

 

 

 

About Cadogan's Brooklyn Real Estate Blog

Michele Cadogan is a Brooklyn NY real estate professional . She makes the process of buying, renting and selling real estate in Brooklyn a good experience. A long time Flatbush Brooklyn resident, she has a tremendous appreciation of the borough, its great history and its diverse communities. With a degree in Political Science and Economics she brings a balance perspective to the your real estate experience. Truly a professional in a people oriented business. When looking for a real estate agent in Brooklyn to help you buy or sell a home in Brooklyn , call Michele. Michele Cadogan Fillmore Real Estate Licensed Real Estate Associate Broker 917-861-9166 Your Brooklyn Real Estate Professional
This entry was posted in Affordable housing in Brooklyn new york, Brooklyn Foreclosures, Brooklyn Real Estate News, New York Real Estat News and tagged , , , . Bookmark the permalink.

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