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REO Specialist

August 4 & 5, 2010  

8:30 AM - 4:00 PM (both days)

Center of Responsible Lending - "A new foreclosure starts every 13 seconds, equaling nearly 6,500 a day … CRL estimates that by 2012 at least 9 million new foreclosures will cost $1.9 trillion in lost home equity to 92 million families".
One out 10 homeowners is past due, in default or in some level of foreclosure today. Over sixty percent of these homeowners have yet to contact their lenders to learn options available to avoid foreclosure. Over fifty percent of loans modified last year are now back in default.


 

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CABR News | July 12, 2010

City Council Sets 2011 Property Tax Millage

June 30, 2010 brought good news on several important real estate matters.  The Homebuyer Tax Credit Closing Deadline and National Flood Insurance Program reauthorization were extended to September 30, 2010.  Also, Cincinnati City Council set the 2011 Property Tax Millage Rate at 4.56 mills - holding the line on Property Taxes in the City of Cincinnati at $28.9 million.

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CABR News | July 1, 2010

Tax Credit 'Closings' Extended to Sept. 30

Congress -- both the U.S. House and Senate -- passed the Homebuyer Assistance and Improvement Act of 2010 (HR5623), which extends the Closing Deadline for Homebuyer-Tax-Credit eligible transactions to September 30 (instead of June 30).

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