Fed chips in 1 Billion to unemployed home owners
Thursday, July 29, 2010

Congress has just come up with 1 Billion to help unemployed, behind in mortgage, home owners. This assistance also includes people that have medical problems. Under this provision home owners that are at least 3 months behind in their mortgage payments can get up to a $50,000 loan to pay their mortgage.
These loans will be made available through The U.S. Department of Housing and Urban Development on October 1, 2010.
This assistance should be able to help many families in the Truckee, Lake Tahoe region since local funds for this purpose are vary scarce or, non existant.
Don Schaller
Broker Owner
Schaller Family Realtors
Dickson Realty Truckee