June Housing Fair

For those that need help with their mortgages or modifications, there is another housing fair coming up. Unfortunately it is only for 3 hours during the middle of a Thursday, and down in Trenton. Hopefully they will schedule several ones at various times and days throughout the state so people do not have to lose a days pay just to find out they are not qualified or to receive promises that will not be fulfilled. But for those interested, this post from my New Jersey Central has information about the fair. Let's take a look (and ignore the headline, which has the wrong month) -

Government agencies, non-profits and banks will take part in the New Jersey State Library sponsored Get Help! With Housing Fair on Thursday, June 25, from 11 a.m. to 2 p.m. at the Capitol Complex Plaza, next to the State Library on West State Street.

Residents will be able to get their questions answered about refinancing, avoiding foreclosure, homeowner rights, new benefits for first-time home buyers.Participating organizations include the state Dept. of Banking and Insurance; Housing and Mortgage Finance Agency; Administrative Office of the Courts Foreclosure Mediation Program; Legal Services of NJ; Mercer County Housing and Community Development Office; and TD Bank.

That first time buyer push is going strong. Perhaps it should be called "how to lose 10% of your investment in 1 year - but we will credit you up to $8000 to make up for your loss" program. Oh, too wordy, maybe just the "first-time knife-catcher credit." Since that really what it is.