Buckeye,AZ Home For Sale!

Are you looking for a great home in a quiet subdivision? Maybe on a large lot? With room for a pool, maybe a barbecue and where the kids and fido can frolic & play? How about some views and a covered patio? But the home has to be large enough, at least 3 bedrooms and maybe a bonus room! It has to have at least 2 bathrooms, closet space and at least a two car garage! The home has to be near a major freeway so commuting is easy and near shopping!

Well look no further! How about a home with enough room, inside and outside, on a Cul-De-Sac, with mountain views, large extended patio, RV gate, 4 bedrooms plus a huge loft, 3 bathrooms, 3 car garage, separate living room, dining room, great room, close to the freeway and shopping for under $200k! Then stop reading and take a look at the home tour below!

Buckeye,AZ Home For Sale!.

IMF Lagarde Urges for Principal Reductions!

On the heels of the last post where acting director Edward DeMarco is holding his ground against “principal reductions” for home owners, Manager of the IMF (International Monetary Fund) Christine Lagarde, has made it very clear that “principal reductions” are a necessity!

This is a “matter of urgency”, Legarde states in her address. To read more just click on the link below.

Principal Reductions

Thanks to DSNews for this update!

Principal Reductions Would Be WIN, WIN! FHFA DeMarco Says NO, NO!

Okay, there is something seriously awry with Mr. Edward DeMarco, Acting Director of the FHFA, Federal Housing Finance Agency, steadfast decision not to allow “principal reductions” by Fannie Mae and Freddie Mac.

“Principal Reductions” would save Freddie and Fannie $1.7 billion dollars and the homeowners who would benefit from this would have a much lesser chance of defaulting on their mortgage. It’s not rocket science!! Like , “Nike” says, “Just Do It”!

When you click on the link below to read the entire story please look below to where eleven Attorney General’s have submitted a letter to DeMarco to change his course. The plan for “principal reduction” as stated by the AG’s “should consider all of a borrower’s debts, not just the monthly mortgage debt, be uniform, transparent, and publicly disclosed.”

Let’s not lose sight of the fact that Mr. DeMarco was the person who authorized “pay increases” to the tune of 13 million dollars to top executives of Fannie Mae and Freddie Mac back in 2011 (See my post dated November 11th, 2011).
Congress voted unaminously to stop that foolishness!

Congress had better step in and do what is right for the American homeowner, the economy and the housing industry! What is your opinion?

A huge thank you to DSNews for keeping us updated!

Principal Reductions