Distressed homeowners looking for relief may get Wachovia loan modification help with some new programs.  Wachovia is trying to eliminate as many of the high risk Pick a Payment adjustable rate loans from their portfolio as quickly as possible. These loans featured a low, minimum payment rate that resulted in negative amortization for many confused borrowers who saw their loan balances increase each month.Wachovia holds one of the largest portfolios of these creative financing loans and have experienced high default rates as home values have declined and borrowers were unable to refinance.  The Pick a Payment loans featured a very low start rate where the minimum payment was not enough to cover the total interest due each month.  Consequently, the borrower's loan balance grew as the def... 03/12/2009

Stunning 2 story Colonial in Northampton Ridge on beautiful acre lot w/ 4 bedrooms & 2.5 baths. Featuring 2 story entry w/ h.w. flrs & center hall staircase w/ 2nd floor open bridge landing separating Foyer & Family rm, formal Living rm & Dining rm w/ crown molding & chair rail. Master Bedroom w/ cathedral ceilings, Master Den + extra fin. room, 2 walk-in clst & luxury bath with jacuzzi tub w/ ceramic tile surround, sep. glass shower & his & hers vanities. Three additional large bedrooms and large family bath complete the 2nd floor. Full Bsmnt, 3 car Gar., 1st floor Laundry room. High Eff. 2 Zone Gas heat, c/a, Security System. A must see!    call or email JOSEPH BOGRADASSOCIATE BROKERRE/MAX ELITE267 246 9729215 328 4800josephbograd@remax.net   01/22/2008

Greetings oh avid reader!Here we are, starting yet another new year. Often this is a time to reflect back on the previous year and look ahead to the coming months.Seems to me that looking back is a bit of a waste of time - it's hard to surge ahead when you're gazing upon and basking in the past.But a little reflection isn't a bad thing, and it helps set the direction going forward.This year I plan to do the following with the Buxmont Real Estate Guy blog:1) Provide more local content. This blog will never be a "hyper-local" Bucks County and Huntingdon Valley area real estate blog - a blog consisting of nothing but Bucks County and Huntingdon Valley real estate information. Some argue that is the only way to a "successful" blog. Whatever. Buxmont Real Estate Guy has always been - and wil... 01/21/2008