Official Carleton H. Sheets^® Website

A recent article published by CNNMoney.com reports that the Obama administration has revised its initial mortgage refinancing program to help more borrowers---including those whose homes are valued below their loan amount---qualify for refinancing. The revisions also include stipulations that enable eligible borrowers who are either in default or at risk of defaulting on their loan to lower their

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Just like you, I have been reading reports in the media that housing prices are not at the bottom yet. Whether this is true or not remains to be seen, but I continue to remain optimistic that the real estate market will turn around---it has always rebounded in the past, and I firmly believe that it will continue to do so in the future.

However, a colleague of mine at the Professional

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My Coaches and staff members are fielding calls about the squeeze of the credit market every day. Let's face the facts ... it is difficult for many people to get a loan right now. Only those investors who have stellar credit and a down payment are able to take advantage of this market to buy properties at rock-bottom prices---at low rates of interest.

However, if you are like many investors,

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There is a technique that allows you to help the buyer lower his or her mortgage payment without requiring a large down payment, or sacrificing your profit.

Buying down a mortgage rate means that you, as a seller, will pay points up front to help lower the buyer's monthly mortgage payment instead of lowering the price of the property. (One point is 1% of the sale price, and each point lowers

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