Wednesday, April 7, 2010

The Short Sale Guidelines Are Now In Effect.

Now that the new Short Sale guidelines are "in effect" (April 5), will we really see a change in the way banks are treating the influx of homes on the market? Will it be easier for homeowners to do a Short Sale and avoid foreclosure under the HAFA Program?

A number of banks have agreed to participate in this program. Click on the link to see if your Loan Servicer is on the list.

Only time will tell if it will be business as usual. Let us hear from you.

Watch this video courtesy of NBC News.