FEBRUARY 13, 2011

AMAZING ANNOUNCEMENT BY FANNIE MAE AND GREAT INFO. FOR THOSE OF YOU THAT HAVE CLIENTS, FAMILY AND/OR FRIENDS IN THIS PREDICAMENT...

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WASHINGTON - Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member.

The Washington-based company says it will reduce or suspend borrowers' monthly payments up to six months. Fannie Mae is the largest buyer and backer of U.S. home mortgages, owning or guaranteeing about $3.2 trillion in home loans.

Fannie Mae also says it would suspend reporting to credit bureaus for up to six months to minimize the impact on the borrower's credit score.

To determine whether they are eligible, military members or their surviving spouses should contact their mortgage company. Or, they can call a special military phone number: 1-877-MIL-4566.

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CA COASTAL ESTATES, INC. - HAS A MILITARY RELOCATION DIVISION, USA DREAM TEAM REALTY SPECIALIZING IN RELOCATION OF MILITARY FAMILIES IN SELLING, MANAGING PROPERTY AND ASSIST IN BUYING IN THEIR NEW AREA. IT IS IMPORTANT TO OUR FIRM AND AGENTS TO GIVE BACK TO OUR COMMUNITY AND ASSIST OUR MILITARY SERVICE MEN AND WOMEN IN OUR COUNTRY. EXCEPTIONAL INCENTIVES, SAVINGS AND % THAT GOES BACK TO MILITARY HOUSING ASSISTANT DEPT. CALL FOR MORE INFORMATION ON OUR SERVICES AND BROKERS CALL TO OPEN YOUR USA DREAM TEAM OFFICE IN YOUR STATE. CALL, 888-908-7770 X2305 AND ASK FOR LAUREN SELINSKY

Homeless Prevention at Marine Corps Base Camp Pendleton CA

A recent joint effort between The Department of Housing and Urban Development (HUD) and The Department of Veterans Affairs (VA) announced earlier this week their program Veterans Homelessness Prevention Demonstration Program (VHPDP) to help prevent Veteran homelessness. The agencies combined will be investing $15 million dollars to be disbursed among 5 communities near military bases.

Marine Corps Base Camp Pendleton here in San Diego will be one of the communities to be a recipient of these funds. Camp Pendleton is set to receive $2 million dollars. In addition, the VA Medical Center in San Diego will receive $1 million dollars for Veteran medical care.

The VHPDP is targeted to assist those Veterans and their families as they return from Iraq and Afghanistan. Many Veterans returning home from war face challenging transitions to readjust and adapt back into society in a difficult economic time.

The program will offer grants to those eligible Veterans for housing, medical care, job training and employment services. By providing assistance in these areas the agencies are hoping with early intervention it will help decrease the tragic number of Veteran homelessness.

The VA will determine the eligible Veterans and recommend proper medical services that may be needed. HUD will then provide housing assistance in the way of security deposits, rental assistance, utility payments and will manage the cases. There will also be services available in the community to assist in child care and family services.

There are so many challenges that our Veterans face when returning from war. Not only financially, but also psychologically. The lifestyle change from one extreme to another can be devastating to our Veterans and their families. All parties involved suffer from loss, the stress of survival and confusion. As a mom of an Army soldier who served 18 months in Iraq, I understand only a portion of the struggles.

Homelessness, substance abuse and suicide among our Veterans are at staggering numbers. It is imperative that we take care of our men and women who have bravely fought for our freedom. I hope with the Veterans Homelessness Prevention Demonstration Program the assistance soldiers receive can make an impact on Veteran homelessness.

Thank you Veterans for your service to our country.

Military Relocation San Diego California Real Estate Agent

When relocating to San Diego we can help military families find a new home or condo. We have worked with hundreds of military families relocating to San Diego and would love to help you with your San Diego move. If you have orders to San Diego and are looking to find out more about the San Diego Real Estate Market you can access our San Diego MLS to search for San Diego homes and also visit our San Diego Real Estate Blog to find out up to date information on the San Diego Real Estate Market form San Diego Real Estate experts. Because of the downturn in the San Diego Real Estate Market there are great bargains to be found and many of them are within an easy commute to San Diego Military Bases.

Camp Pendleton

Coronado

Miramar

Navy Region Southwest

Point Loma

There are many Navy and Marine Bases in San Diego and many areas close to the bases to buy a home or condo. Our San Diego Agents know these areas inside and out and can answer any real estate question you have. Our area real estate experts are always available to answer you San Diego Real Estate questions and are an email or phone call away. San Diego is a fun and exciting place to be stationed and filled with activities. The ocean, the desert, the mountains are all packed with summer and winter activities and there's always something fun going on. If you're in the military and relocating to San Diego California make sure you visit our web site and start your relocation today. We also have veterans on staff who are licensed real estate agents in San Diego who can really get the job done.

San Diego Real Estate San Diego MLS San Diego Real Estate Blog

All information is believed to be correct but not guaranteed.

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