DAWG'S BLOG

SO as we last talked I was waiting patiently to hear from the Making Home Affordable program people.....oh boy.....so I finally get a letter after waiting now for several months...(to recap...I'm fine...making my payments...but like most Americans...a bit tight on budget...so I was seeing what our tax dollars at work could do for me....) I get the notification....I'm 'ineligible due to a ""Negative Income"" Ok...two things here....1) As a self employed individual my 'write-offs' are a bit different than Joe American who works for someone and receives a W2...so as those of you self employed individuals know, a "negative income" is not that hard to show.....2) I found out that since my wife is not on my mortgage, they didn't count her income. (Dawg gets out a BIG RED FLAG for the mortgage professionals (loosely used term here) at my lender.. So I call the 800 number and patiently wait on hold for several minutes and give out the same information 3 or 4 times when a young lady gets on the line and says, "Loan number please...." (hey...I already gave that information to your automated attendant ' like 3 or 4 times...) As I go through the story with her..."I'm making my payments, ...It's not really a negative income..I have near perfect credit (Gold Star on Dawg's Fridge)...The program was designed for people like me (or so I thought...)...and finally," Why didn't you count my wifes income as part of my 'Household Income" since we do use her money to pay bills too?"..

The young lady says "Well it should be counted" (DING-DING-DING) (for a brief second I'm seeing a light at the end of the tunnel)...You'll have to reapply and make sure you include all of your wifes income data....." (light at end of tunnel is proverbial Freight Train...choo-chooo.......)

ARRRRGGHHHHH! I tell her I've already included it if she'll just look at the packet...

...she goes on..."Let me just remind you that all data obtained can be used in debt collection ..." (HUH? what is she talking about...) ..."And the foreclosure proceedings will continue..(WHAT? I'm not in foreclosure...not even close) I try to break in..."I'm not in Fore..." She continues on....obviously reading from a script and not caring about me or any other callers she'll talk to today....thank you for calling National **** ******* (name with held to protect the thinking challenged)..

A second call back gets a new young lady (after the automated attendant takes all my info for the 7 or 8th time that day...) and as I tell her my saga... at least she gets it...but she says my previously submitted data has been filed and yes, I will have to reapply' <sigh> ....Stay tuned....

Time for our monthly realty reality  check ...

By The Numbers...

For June 2009 Single Family Detached Homes (Information courtesy of MLSNI)

Naperville

Active Listings:980(as of 08/01/09)

Sold(07/01/09-07/31/09): 139

Months Supply(Act/Sold): 7.05 Months

High Sold Price: $1,375,000

Average Sale: $434,805

Average Market Time: 132

July 09 Top Subdivision (sales): Tall Grass(9), Asbury(9),

www.NapervilleHomeSeller.com

Aurora

Active Listings: 954 (as of 08/01/09)

Sold (07/01/09-07/31/09): 122

Months Supply(Act/Sold): 7.78 Months

High Sold Price: $527,000

Average Sale: $189.008

Average Market Time: 147

July 09 Top Subdivision (sales): Oakhurst(9), Stonebridge and others (3)

www.AuroraHomeSeller.com

Plainfield

Active Listings: 759 (as of 08/01/09)

Sold (07/01/09-07/31/09): 96

Months Supply(Act/Sold): 7.9 Months

High Sold Price: $570,000

Average Sale: $234,080

Average Market Time: 161 Days

July 09 Top Subdivision (sales): Lakewood Falls (8), Carillon and Wesmere (5)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 255 (as of 08/01/09)

Sold (07/01/09-07/31/09): 30

Months Supply(Act/Sold): 8.5 Months

High Sold Price: $395,,000

Average Sale: $243,200

Average Market Time: 220 Days

July 09 Top Subdivision (sales): Churchill Club (4)

www.OswegoHomeSeller.com

I'm hanging in there...how about you?  Talk to me....

-Dawg-