Fed Rate-Cut Winners and Losers

What does it mean to me? Will my mortgage rate go up or down? this was a great article I found, I like to sharing it, here is the link

Facing foreclosure, seek assistance

Banks or Lenders like to see financially trapped homeowners contact them before the loan is to reset at higher rate. Ask if the loan can be modified by fixing the rate below the scheduled reset amount or that borrower can qualify for forbearance - temporary reduction or suspension of payments. Homeowners can also ask community group or Realtor/ Loan officer to contact the lender on their behalf. Phone numbers of major lenders' loss mitigation dpt.'

HUD 800 569-4287. Housing and Urban Development sponsors housing counseling agencies throughout the country that offer advice at little or no cost.

HPF 888-995-4673 homeownership Preservation Foundation offers FREE foreclosure counseling or assistance and contact lenders.

ACORN Housing:(866) 672-2676 or (888) 409-3557. A nonprofit Organization has programs with some lenders to help borrower negotiate affordable loan payment, possibly prevent foreclosure.

IRS Questions and answers on the tax implications of home foreclosure and debt Cancellation

Las Vegas Master planned Retirement Communities 55+

Las Vegas active master planned Retirement Communities

The community concept was established to create a great retirement lifestyle. The communities offer golf courses, fitness centers and social and community activities facilities.

Sun City Aliante
Majestic landscape where deserts meets the Mountain Range, prices starting in mid 200s.

Sun City Anthem
Adjacent to Green Valley. top of the hills, spectacular views of the city. prices mid $300’s to over $600,000.

Sun City MacDonald Ranch
A Del Webb community in the Southeast in Green Valley. top of the hills, spectacular views of the city. prices $300’s to over $500,000.

Sun City Summerlin
Located in Summerlin, challenging golf, fitness center, movie theater, social clubs. Prices from mid $300’s to over $1,000,000.

Siena
located in the beautiful Southwest of Summerlin. prices $400’s to over $700,000. community has golf, fully equipped swim club, spa and restaurants.

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