Gettin' Ready For Christmoas

GETTIN' READY FOR CHRISTMAS

Words and music by ShirLee McGarry
Copyright © SJM November 1985

Gettin' ready for Christmas
Haul out the holly today,
It's gonna be so fun to see everyone
So happy and gay
Now that the Season's begun.

Gettin' ready for Christmas
There's only nine more day,
You better call in your order,
So Santa will know to
Pack all your goods away.

Now there's that shopping spree
For the Christmas Tree
There's only six more days
There's so much to buy, Oh me oh my!
There's only one five more days

Gettin' ready for Christmas
You better start today
Or you might find yourself
In a real bind
Come this Christmas Day

Now there's candy to make,
And cookies to bake oh,
There's only three more days.
It's really gettin' late, so let's celebrate,
There's only two more days.

Gettin' ready for Christmas
There's only one more day
Now that you've gone for broke,
It's no joke!
Tomorrow is the day

No payments due til' next year
So give a big cheer,
Gettin' ready, gettin' ready,
Gettin' ready for Christmas Day.

Mortgage Lending - Tools

Mortgage Lending - Tools & Resources

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THE HOUSE OF CARDS

THIS IS A MUST SEE! http://www.cnbc.com/id/28892719/

THE HOUSE OF CARDS

CNBC presents the definitive report on the defining story of our time. CNBC correspondent David Faber investigates the origins of the global economic crisis, with first person accounts from home buyers, mortgage brokers, investment bankers and investors – most of whom let greed blind them, leading to the greatest financial collapse since the Great Depression.

Streamlining Short Sales

HAFA Home Affordable Foreclosure Alternatives Program

Sellers and Buyers of Short Sale Properties - The short sale process is about to be adding choices in streamlining the process where applicable. On November 30^th, 2009 the Treasury Department released a new form and guideline and gave it the acronym of HAFA. HAFA is component of the Home Affordable Modification Program (HAMP). Because of the many problems with short sales, the (NAR) National Association of Realtors, has urged the Obama Administration to take action now.

The HAFA program will provide incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure of a loan eligible for modification under the HAMP program. These loans cannot be owned or guaranteed by Fannie Mae or Freddie Mac, and according to the report, both Fannie and Freddie will be issuing their own versions of HAFA in coming weeks.

Many problem issues will be addressed in the program including: pre-approval sales terms before listing the property, prohibiting servicers from requiring reductions in real estate commissions that do not exceed the 6 percent, paying incentives, releasing borrowers from future liability for the unpaid portion of the first mortgage debt, and lastly imposing deadlines at each stage.

This is definitely a step in the right direction for both the real estate industry and buyers and sellers in the short sale process.

The program does not take effect until April 5, 2010, but servicers may implement it before then if they meet certain requirements. The program ends on December 31, 2012.

Christmas Decorating Ideas

Christmas Decorating Ideas

Along with the Christmas festivities comes the desire to decorate your home with twinkling lights, wreaths, trees and even yard ornaments featuring the theme of the holidays. If you want to make your next Christmas decorating venture a real holiday treat, consider the following ideas:

Homemade Wreath Decorations
Create your own lighted wreath by taking a short strand of mini-lights and wrapping them around a plain wreath. You can use either multi-color or clear lights, and this approach can easily be used for both indoor wreaths and garland decorations.

Creating A Modern Centerpiece With Classic Holiday Style
Use a clear glass vase or bowl as a centerpiece and fill it with round glass ornaments. For Christmas, the combination of silver and gold or red and green will be ideal. When paired with the beauty of a simplistic glass holder, the ornaments will add a very modern twist to a very traditional color combination.

The Tax Incentive Countdown

Loan Limit Appeals Process Announced

Keeping my clients updated with the latest government changes in real estate law and the mortgage lending sector, I hope that these update reports from the National Association of Realtors is helpful in dealing with the many challenges we face as real estate professionals working with our buyers and sellers with their real estate goals of home ownership.

As we go forward, there will always be new laws passed in an attempt to keep the our country's housing industry viable for all, while protecting the consumer. Some will be of merit and those that will hurt the industry, the National Association of Realtors and the Government Affairs Committees around the US are watching and protecting our rights as homeowners in making representation on capital hill.

By having a strong voice on capital hill and educating our law makers to major concerns that would affect all of us in a negative way, NAR has been successful in defeating legislation that would be detrimental to all homeowners. NAR has been equally successful in lobbying for those reforms and programs that help keep the real estate industry healthy and protect consumer's most precious possession and asset...their home!

Realtor Insider DC News and Events Report
Loan Limit Appeals Process Announced

Contrary to previous reports, FHA and FHFA will permit appeals for the 2010 limits. The 2010 limits will remain the same from the current limits at 125% of local area median home price up to $729,750 (with a floor for FHA of $271,050 and $417,000 for Freddie Mac and Fannie Mae). A full list of the limits is available at HUD.

If you wish to appeal your loan limit, and can demonstrate that sales prices are higher than the current limits, there is a set procedure, and time is short. All appeals must be made by December 21, 2009. Appeals will all be handled by the Santa Ana Homeownership Center. Full details are available in HUD's Mortgagee Letter 2009-50. This will be the only opportunity to appeal the 2010 limits.

Full List of 2010 Limits
HUD's Mortgagee Letter 2009-50

Megan Booth 202-383-1222, Jerome Nagy 202-383-1233