Tampa, FL (PRWEB) May possibly 18, 2010
Todays Residence Solutions of America has what will undoubtedly become the really feel great story of the next few years for several of our nation’s residence owners.

Contemplate the existing true estate and economic backdrop. The American housing market collapse is of a scope in contrast to what most home owners right now have ever skilled in their lifetimes. Unemployment has improved in all 50 states year more than year and it is nevertheless unknown if we have noticed the peak. Millions of house owners across the country have located themselves paying on a residence mortgage substantially bigger then the current value of their homes. Many can no longer continue to make month-to-month payments and even those that can are walking away from their residences as they envision no possibility of ever achieving good equity.

While government loan modification applications have been weakly promoted to assist with this national dilemma, they have been predictably ineffective with few borrowers getting approved for permanent modifications. Even those borrowers getting permanent modifications wonder if they have genuinely benefited thinking about they could now be committed to 40 a lot more years of payments and the uncertainty of when they will ever construct equity once more.

The excellent news is that Todays House Options of America has a program that is great for borrowers, it is good for mortgage companies, it is very good for the economy, and it is very good for the nation … and it really performs. Beginning inside its own state, Todays Residence Options of America is now providing their Principal Reduction Program (PRP) for Florida home owners whose mortgages are underwater.

What are the advantages to the homeowner?
1. Remove all unfavorable equity
2. Reduce principal balance to 90% of existing market place worth
3. Monthly mortgage payment lowered by 25%-50%
4. Obtain 10% immediate equity

What are the qualifications for this program? 
1. Need to own a house in Florida.
two. Need to be upside down by at least 25%.
three. Should have documented revenue to cover for the new mortgage at the existing industry worth

How a lot does it cost?
1. One time totally refundable fee of $ 1,595 to cover the expense of three appraisals, 2 credit reports, 2 title O&E policies, application fee & processing
2. If the firm can not lessen the loan principal within 180 days, the one particular time charge is fully refundable

For further information on the Principal Reduction Program, please go to the organization internet site at http://www.floridaprincipalreduction.com.

This is the greatest choice accessible to a homeowner who wants to hold his property and can afford to make a payment based on the present industry value. The homeowner will never lose title or home ownership said Bruce To, co-founder of Todays Residence Options of America (http://www.todayhomesolutions.com)

Home Options of America plans to offer this system nationwide by the third quarter of this year. For much more information about this plan, please check out our site at http://www.homesolutionsfund.com.

About Today Property Options of America:

Todays Home Solutions of America is a skilled organization supplying real estate, mortgage, residence solutions, and connected services. The expertise of our principal reduction agents permits us to aid property owners remain in their properties with a decrease mortgage and month-to-month payment. Our firm website also offers a distinctive and easy procedure for people interested in acquiring houses as a location of residence or for investment. In addition, Todayhomesolutions.com functions thousands of brief sale properties, foreclosures, bank owned and MLS listings with color photos, descriptive info, and costs.

Tom Nguyen
These days Property Options of America
Phone: (888)-392-8640
Fax: (813)-315-6004
http://www.todayhomesolutions.com

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