Fairfield, CT

FHA UPDATE FHA UPDATE

On January 21, 2010; the federal housing commissioner announced news about the increase in upfront premiums for FHA mortgage insurance. Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront MIP or Mortgage Insurance Premium of 2.25%. This will be an increase of 0.50% from current MIP of 1.75%.

If you have any FHA questions please feel free to email me at: nima@concorde.bz

Nima Rezvan

Executive Mortgage Banker

Blackberry: 203.913.6016

Email: nima@concorde.bz

Website: http://www.NimaLoans.com

Do you qualify for a short sale? Or are you just "upside down"?

A short sale can be an excellent solution for Connecticut homeowners who need to sell, and who owe more on their homes than they are worth. But how do you know if you will qualify for a short sale? In the past, it was rare for a bank or lender to accept a short sale on a Connecticut home. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate and government policy have also improved the chances of getting a short sale approved.

What is a short sale? Here's a more official definition:

• A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
• A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.

For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances:

• Financial Hardship - There is a situation causing you to have trouble affording your mortgage.
• Monthly Income Shortfall - In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
• Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

This seems simple enough, but it is a complicated process that takes the expertise of experienced professionals. I hold the CDPE® Designation and am ready to identify all possible options and, when possible, assist in the quick execution of a short sale transaction.

If you have questions or feel you may qualify for a short sale, please contact me for a free initial consultation.

Want to know more, visit www.ForeclosureFreeWorld.com If you prefer, you can call our 800 number to inquire about our next help for homeowners foreclosure avoidance seminer 1-888-456-8536 x1

Understanding your options now could mean all the difference in the world.

A dumb blonde is walking along, lost, and encounters a deep and wide river. She looks up and down the river for a way across but is unsuccessful in finding one. Yet, when looking to the other side again, she happened to see another blonde on the opposite river bank. She tried calling to her.


"How can I get to the other side of the river?" she shouts loudly.


The other blonde replied "What for? You're already on the other side of the river!"

☺

Matt

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108

credit repair company

Mike - I hope you can get this message out to more people.

A friend of mine in the Air Force is deployed to Iraq for a second time. There are 40 enlisted people from his unit that live on a base without any store to buy items. The Army Air Force Exchange (AAFES) have Post Exchange (PX) stores on many bases in Iraq but not on their base. Military service members and contractors can buy personal hygiene items, food, snacks, soda, Gatorade, military clothing, books, magazines, DVDs, electronics, etc. from the PX stores. It provides a nice break from the hardships and dangers of Iraq. And that saves the families of military personnel from paying for the necessities of life here and shipping them to their loved ones in Iraq. Theses service personnel and their families need your help. I have already sent 2 boxes to Iraq and I hope you can join me and send a box. You can go to any store and buy whatever is on sale and any size. They need everything and nothing will go to waste. You can send hand sanitizer, foot powder, tooth paste, disposable razors, shampoo, etc. - the usual personal hygiene items. Also, may I suggest some candy, cookies, books, DVDs, playing cards or small games. You'll need to ship the box from a U.S. Post Office and complete a customs form to list what is in the box.

Here is the address:

MSgt Steve Callender

1 ERHG/Red Horse USAF

FPO AE 09355

Thank you,

LTC Bill Tetreau

USCENTCOM

What do you do when a blonde throws a grenade at you?

Pull out the pin and throw it back!



What do you do when a blode throws a pin at you?

Run like hell because shes has a grenade in her mouth!!

☺

Matt

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108

credit repair company