Kristin Stampini's Blog

H.R. 3221, the "Housing and Economic Recovery Act of 2008," passed the House on July 23, 2008, by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. The bill includes the following provisions: GSE Reform - ...

Real Estate Short Sales  With 2 million adjustable rate mortgages forecast to reset at higher rates this month, are you ready to help homeowners in our market area who will face foreclosure over the next few years? In the next five years, 1.4 million Americans will see their mortgage payments mor...

Kristin Shows Justin the Money Why are Kristin Stampini our WCR Greater Palm Beach Chapter Treasurer and Justin Zimmerman our Technology Committee Chairperson so happy? It's because they both benefited recently from a client referral that Justin made to Kristin. Kristin presented Justin with a si...

Foreclosures have declined 3 percent from May to June but were still up 50 percent compared with June of 2007, according to RealtyTrac Inc., which monitors the foreclosure process.One in every 501 U.S. households received a foreclosure filing last month.Foreclosure filings increased from a year e...

Most Common Questions Asked by Buyers and a Sellers: What is a Short Sale?A short sale is when your lender agrees to take less money than is owed to them due to a hardship on the part of the seller. The agent you've chosen to work with is highly trained and specialized in this process. This proce...

Updated By The IRS- Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim Relief on Newly-Revised IRS Form   Updated with FAQs at bottom - Feb. 28, 2008 IR-2008-17, Feb. 12, 2008 WASHINGTON - Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim spe...