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Gov't Incentives & Programs



The government offers help for first time homebuyers and others through a variety of programs.

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Home buying and selling mistakes

We're coming up one of the housing market’s peak buying and selling times. With that in mind, what are the biggest mistakes made by both sellers and buyers? For sellers, I find the number one mistake they make is in selecting an agent. If you're interviewing agents, don’t list with ...

Monetary compensation for your foreclosure?

A new settlement could put a check in your mailbox as early as next week if you rightfully or wrongly went through a foreclosure in 2009 or 2010. CNNMoney reports the $3.6 billion foreclosure settlement could impact customers who worked with mortgage servicers like Aurora, Bank of America, Chase, Citibank, ...

Get more consumer advice on ClarkHoward.com and The Clark Howard Show.

Flood insurance is easy to get and cheap to own

There's a renewed focus on flood insurance after the disaster of Hurricane Sandy. Many people don't know how affordable a policy can be or how to get one, so I want to remedy that. Too often, homeowners think their regular insurance policy will cover them in the event of a ...

Increase in home equity bodes well for worker mobility

Equity in homes is going up for the first time since the real estate bust began. That's a clear sign of recovery in so many places. One third of Americans who have a home now own it free and clear, according to the latest data from Zillow. The cities where ...

Fewer homeowners in Butler and Warren counties had new foreclosure cases filed against them in August than the same month a year ago, based on statistics from local clerks of courts. More than 250 cases were filed last month in Butler County and 98 in Warren County, according to figures provided to the newspaper by officials with the clerks’ offices. In Butler County, that’s down almost 27 percent from the same month a year ago when 343 cases were filed. Year-over-year in Warren County, foreclosure filings are down less than 10 percent from 108 cases filed August of 2011. These are filings of initial complaints by lenders against delinquent mortgage payers.

FHA: Recent foreclosure? No problem!

The FHA is undertaking a controversial move that could either help alleviate the inventory of foreclosures on its books or present a real moral hazard for taxpayers. If you were foreclosed on 3 years or more ago, you are eligible to buy again under the FHA home loan program. This ...

Real estate flipping...is back?!

Real estate flipping...is back?!

One of the most dangerous trends that led to the real estate bust is back. But this time, it might not end so badly for you. Could what's become the hot thing again become a new income stream in your life?

New hope for upside-down homeowners

New hope for upside-down homeowners

New rules coming in November could allow you to do a short sale under many circumstances even if you're not behind on your mortgage.

Real opportunity for mortgage assistance

Real opportunity for mortgage assistance

Don't miss this opportunity to receive assistance on your mortgage. 93% of Americans will tune this info out because they're used to mortgage relief efforts being false leads. This time it's for real.

ClarkHoward.com and The Clark Howard Show offer more advice for members of our nation's armed forces.

New mortgage protections for military members

The Service Members' Civil Relief Act has been strengthened to afford new protections to active duty military. Under the new terms, if you are transferred to a new duty station, mortgage lenders are required to immediately grant you permission for a short sale if you're upside down in your home. ...

Refinance your home - even if upside-down

Refinance your home - even if upside-down

If you've felt like a spectator on the sidelines with today's low mortgage rates, there are two new opportunities that could help you refinance your loan even if you're upside down in your house.

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