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Real Estate Tips
Financing Your Home >FHA Advisory

If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program.

To be considered eligible for assistance, the home must your principal residence. You must be at least three full payments behind on the mortgage, and the reason for your failure to make the mortgage payments must be due to circumstances beyond your control, such as unexpected unemployment. The FHA must be reasonably certain that you can resume making the payments at the end of 36 months and that the accrued deficiencies will be paid back before taking over the loan.

The Veteran's Administration also has a mortgage assistance program for those who have VA mortgages.

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Real Estate Trivia
Q 
What is the busiest airport in the world?

A 
According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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Julie Beall & Co., REALTOR®, real estate agent and broker for Springboro Clearcreek Township, Washington Township and Dayton, Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

Julie Beall & Co.
Irongate Realtors

38 North Pioneer Blvd.
Springboro, OH 45066
937-546-0222
Fax: 937-535-0777
Julie@JulieBeall.com


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