Recent changes in the Making Home Affordable program address problems with short sales and offer a streamlined approach that will help distressed homeowners who cannot qualify for a loan modification avoid foreclosure. Check out the details at www.treas.gov Here are my thoughts on how these changes could affect short sale transactions. Please note: I personally share the opinion of many Realtors that short sales suck (if you don’t believe me, check out this link: www.google.com and hope that these improvements will provide a workable solution for future transactions.

This entry was posted on Saturday, June 26th, 2010 at 9:10 pm and is filed under Short Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.