Hello, The Us Treasury very recently set forth new more streamlined guidelines for the Short Sale process. With Foreclosure and short sales on the rise this is VERY good news. The video below will give further explanation. For even more information, please visit us at OFallonShortSales.comHappy Holidays and stay Warm!
That is the governments role. To level the playing field and standardize guideline that will move process forward.
Thank you for sharing the video.
David,
Great information. Is there a start date to this plan?
Thanks
PG
I'm still not buying into it until I see the results....I have a few listings right now...one due to move foward.....they seem to be moving quicker but they still can't keep up if they don't have the proper support.
The world would become a better place if banks actually worked by these new guidelines. Unfortunately these or only Short Sale "guidance" and I doubt that bank will pay attention.
Hello All!
Actually these "guidelines" go into effect April 5 2010. However banks may start sooner if they meet the requirments.
If you are really bored read the full details here
David,
Excellent information. Have a great day!