Mom and Dad, I am Home.

'I'm home!' .

NEW YORK (CNNMoney) -- With job openings scarce, getting adult children to leave the nest is becoming a lot more difficult. http://money.cnn.com/2011/11/04/pf/young_adults/index.htm








http://www.ruthandperry.com/

Loan Modification and Mortgage Abuse.

Ensuring That Your Bank is Working with You

If you believe that your bank has not appropriately responded to your requests for assistance, you may request that the regulator with appropriate jurisdiction review the bank’s actions to ensure that the financial institution has followed regulations designed to protect consumers.

Most large national banks are regulated by the federal government, to determine which federal agency has authority over your lender or loan servicer, visit: HelpWithMyBank.gov

Smaller lenders may be regulated by the State of California. To determine which state agency has authority over your lender or loan servicer visit: Home Loan Regulator Search

Reporting Mortgage Fraud or Abuse

There is never a fee to get assistance or information about Making Home Affordable from your lender or a Dept. of Housing and Urban Development approved housing counselor. Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Never submit your mortgage payments to anyone other than your mortgage company without their approval.

To learn more about loan fraud and how to report suspicious activity visit: StopFraud.gov

Additional information is located at LoanScamAlert.org 

You may also report suspicious activity to the California Department of Justice. Information about the DOJ’s response to housing fraud is located at their website.

Congress revised Loan Limit to $729,750 for high cost areas.

The reinstated FHA loan limit formula and cap change will help make mortgages more affordable and accessible for hard-working, middle-class families in 669 counties in 42 states and territories, where the average loan limit reduction after the reset last month was more than $68,000. The provision reinstates the FHA loan limits through 2013 at 125 percent of local area median home prices, up to a maximum of $729,750 in the highest cost markets, the floor will remain at $271,050. However, Congress chose not to apply the loan limits restoration to Fannie Mae and Freddie Mac. Fannie-and-Freddie-backed mortgages will remain at 115 percent of local area median home prices up to $625,500.

The bill also provides for a short-term extension of the National Flood Insurance Program through December 16, 2011. NAR will continue to press Congress to use the additional time to complete their work on a five-year reauthorization of the program, which ensures access to affordable flood insurance for millions of home and business owners across the country.

:http://www.realtor.org/press_room/news_releases/2011/11/congress_reinstates_fha_loan_limits

Looking for homes in Silicon Valley go tohttp://www.ruthandperry.com/

How to fix a warped wooden floor due to a plumbing leak.

Question......
Our shared-wall townhouse was flooded when our neighbor's washing machine overflowed. The concrete foundation is apparently not that even, and the water puddled in the middle of our place....
For the Answer click on link:
http://lowes.inman.com/inmaninf/lowesnewsletter/news/159121
Source:  Lowes and Inman

Looking for homes in Silicon Valley go to:
http://www.ruthandperry.com/

Silicon Valley Real Estate and Homes Trends

http://www.ruthandperry.com/

Silicon Valley Home Prices are Surging. Linked In, Goupon,...

Newly rich in Silicon Valley with wealth from technology stock sales and IPOs are buying up silicon valley real estate  http://www.bloomberg.com/news/2011-06-15/tech-ipos-boost-demand-for-silicon-valley-million-dollar-homes.html

Many Silicon Valley firms to follow Groupons cue:  

http://www.mercurynews.com/top-stories/ci_19263793

12 Silicon Valley companies that were slated and planning to go IPO  

http://www.bizjournals.com/sanjose/blog/2011/09/slideshow-going-public-2011.html

Looking to buy a home in Silicon Valley got to:

http://www.ruthandperry.com/