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Author Archives: Debra Spadafora

Home / Archived Article(s) by Author: Debra Spadafora
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$8,000 First Time Home Buyer Tax Credit-Doesn't mean First Time Buying a Home

Apr 24, 2009Debra SpadaforaEWM News

Did you read the headline “$8,000 First Time Home Buyer Tax Credit” and went to another article because you thought I’m not eligible. I’ve owned a home before. Well I have news for you. Did you know that “First-Time Homebuyer” doesn’t mean

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Open-Miami-Dade's Lottery for NSP-May 22, 2009 Deadline

Apr 23, 2009Debra SpadaforaEWM News

Who or What is NSP?  –  HUD’s new Neighborhood Stablization Program (NSP) will provide targeted emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. U.S. Housing

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New Website to Help Fight Mortgage Fraud

Apr 21, 2009Debra SpadaforaEWM News

Florida Attorney General Bill McCollum unveiled a new Web site to help homeowners avoid mortgage fraud scams. The Web site – http://myfloridalegal.com/mortgagefraud – gives consumers easy access to current investigations, complaint forms, and tips to identify and avoid foreclosure rescue

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$8,000 Tax Credit for Purchasing A Home in 2009

Mar 19, 2009Debra SpadaforaEWM News

Buying a home is a big step and can be overwhelming. Fortunately, EWM’s trained professionals are available to help you through the process.  In addition to the many advantages of owning your home, the First Time Homebuyers Tax Credit, low

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Fed prepares to bailout commercial market

Mar 11, 2009Debra SpadaforaCommercial

Many experts believe the best way to avoid a crisis in the commercial real estate market similar to the residential one is for another federal bail out.  In a response last week, Federal Reserve Chair Ben Bernanke suggested at least $1 trillion in

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Beware of Foreclosure Rescue Scams – Help Is Free

Mar 10, 2009Debra SpadaforaForeclosures & Short Sales

On October 1, 2008, a new law went into effect in Florida the “Foreclosure Rescue Act”making it a crime to accept money upfront to help a homeowner modify their existing loan or other alternative to foreclosure. The foreclsoure resue consultant must

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Obama Administration Launches Housing Plan

Mar 4, 2009Debra SpadaforaEWM News

WASHINGTON (AP) – March 4, 2009 – The Obama administration is kicking off a new program designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments.

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Mortgage and Foreclosure Schemes Top Floridians’ Complaints to Regulators

Mar 4, 2009Debra SpadaforaEWM News

TALLAHASSEE, Fla. – March 4, 2009 – Complaints from Floridians about  questionable foreclosure-rescue services and fraudulent mortgage schemes were the most common concerns reported to state regulators in 2008, according to a report released Monday by Florida Attorney General Bill

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How to Detect, Prevent and Report Identity Theft

Mar 4, 2009Debra SpadaforaEWM News

Did you know that 1 in 6 Americans will be the target of some sort of identity theft this year. The Federal Trade Commission reported that in 2008 there were 9.93 victims that had some type of identity theft crime committed against

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$8,000 Tax Credit for Homebuyers must close by 12/01/09

Feb 23, 2009Debra Spadafora1 CommentEWM News

$8,000 TAX CREDIT Important note for homebuyers, especially those shopping late in the year: Initial reports regarding the $8,000 tax credit for first-time homebuyers reported a Dec. 31 deadline to purchase property. However, that’s incorrect. The home must close before Dec.

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