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Real Estate Tips
Financing Your Home >FHA Advisory

If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program.

To be considered eligible for assistance, the home must your principal residence. You must be at least three full payments behind on the mortgage, and the reason for your failure to make the mortgage payments must be due to circumstances beyond your control, such as unexpected unemployment. The FHA must be reasonably certain that you can resume making the payments at the end of 36 months and that the accrued deficiencies will be paid back before taking over the loan.

The Veteran's Administration also has a mortgage assistance program for those who have VA mortgages.

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Real Estate Trivia
Q 
What real estate board game became the best-selling game in America just one year after it was created?

A 
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Joel and Connie Gravina, REALTOR®, real estate agents and broker for Lake Wallenpaupack, Pocono Mountains and Hawley, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Joel and Connie Gravina
Century 21 Select Group

10 Roosevelt Ave.
Hawley, PA 18428
Toll Free: 800-227-1233
Phone: 570-226-1800
Cell: 570-647-7823
Fax: 570-226-4460
Email: jcgravina@NUMBER1EXPERT.com

We are the Lake Wallenpaupack Specialists for Pike and Wayne Counties. Our team of professionals takes pride in representing recreational properties, fine homes, estates and commercial properties in the Lake Region.

Equal Housing MLS REALTOR


Century 21 Select Group


866-744-1776

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