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Greetings!
Thanks to all of you for reading our newsletter this month.
We are excited to remind all of you of our
Annual Crawfish Boil
coming up this month. We are looking forward to visiting with
everyone that can make it out!
This month we are bringing you two stories about what the
government plans to do to help the housing market and why more
banks are considering short sales.
Enjoy!
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Government Eyes Ways to Help Markets
The federal government is on the verge of announcing a series
of responses to problems in the housing and financial markets.
Here are key areas for action:
Have lenders or investors take a loss by forgiving some of the
remaining principal in troubled home loans, after which the
federal government would back new mortgages that are less
costly for homeowners.
Read more...
Source:
www.realtor.org |
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You are invited
to join
LOUISIANA TITLE
For our 6th
Annual
CRAWFISH BOIL
Saturday April
19
12pm - 4pm
8801 Bluebonnet
Blvd.
Hot Boiled
Crawfish, Giant Slide,
Give-a-ways and
more
Please RSVP
to: (225) 769-2900
bgiurintano@louisianatitle.com
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More
Banks Consider Short Sales
After about a year of dealing slowly and reluctantly with
short sale offers, many banks are reconsidering, looking for
solutions that will allow them to recoup debt in foreclosure
situations.
Observers say that if the trend continues, it will reduce or
eliminate the need for taxpayer bailouts.
The National Short Sale Center, which helps short buyers
negotiate with banks, says three-quarters of its short offers
are approved now, up from maybe half six months ago.
Read more...
Source:
www.realtor.org
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