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Home Owners News Archive 22-Feb-2009
Repossessions: 10 tips for worried home owners (Daily Telegraph)Repossessions are set to double this year with more than 200000 home owners already three month in arrears.
Bargaining for opulent digs (Denver Post)As second-home owners worry about the effects of the national economic downturn, they're becoming more willing to offer deals and incentives to rent out their luxury properties.
Mobile home owners in Garfield Estates, which is closing, meet with Flider (Herald & Review)DECATUR - While residents of a mobile home park are upset because they have been ordered to move out, an executive of the company that owns the property said he will do everything he can to help them make the transition, as long as they move to the company's other mobile home parks.
John Charcol to offer Abu Dhabi loans (AME Info)Abu Dhabi Finance has signed a Memorandum of Understanding with John Charcol Dubai, whereby the group will join its panel of approved mortgage brokers. The company will offer home financing of up to 85% to prospective home owners in Abu Dhabi.
Bill that would protect Idaho mobile home owners' rights fails temporarily (The Idaho Statesman)A lawmaker's effort to give mobile home owners who rent their land more rights has failed, at least temporarily.
Home owners of exploding home hire attorney (KSDK St. Louis)Home owners of exploding home hire attorney
Hockey deflects blame on Coalition for home loan pain (Australian Broadcasting Corporation)The Federal Opposition has rejected the suggestion that the previous Coalition government is to blame for home owners who have been locked into high fixed term interest rates.
Homeowners association Presidents Council to meet (The Desert Sun)The Cathedral City Home Owners Association Presidents Council will meet at 10 a.m. Thursday at the Cathedral City Civic Center, 68-700 Avenida Lalo Guerrero.
In a Bust, a Refinancing Boom (Washington Post)It is unusual to have a mortgage refinancing boom in the middle of a foreclosure crisis. In the 1930s, the last time we had a foreclosure crisis comparable to this one, lenders were so spooked that there was almost no refinancing. That changed only after the 1933 creation of the Home Owners Loan Corp., a New Deal agency that refinanced many borrowers at the government's risk.
Hexham Courant (The Hexham Courant)MOVING from owning a home to renting was once considered a backwards step...but no longer. Many ex-home owners who sold at the top of the market are now sitting pretty as they consider taking advantage of the property slump by buying again at bargain prices.
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