3-5-14  I recently read that 25% of all homes with mortgages in Fresno County still owe more than there home is worth.  There’s

two parts to this equation:

1) The debt exceeds the value of the home

and

2) The homeowner is paying interest on debt that’s beyond the homes worth.  That’s not efficient.

Wouldn’t it be wiser to reduce the payment burden by reducing the interest rate?  If your payment is lower

can’t you hang on longer and perhaps over time your home value will rise?  Then if you need to you can  sell and buy

another if you wish.  There’s no blemish on your credit because you’re forced to do a short sale?

I can’t help but wonder how many folks have ignored the HARP program and continue with the extra financial

burden.  They carry this because they haven’t tried to refinance through the HARP program.  For those who are still waiting

I encourage you to explore this.  It could save you thousands of dollars over the life of your loan.

Of course, those who need to sell right away, be it through a short sale or you just need to sell quickly, we’re happy to

make you and offer.

See the qualifications on this link.  http://www.zillow.com/mortgage-calculator/harp-eligibility/