Here is the PDF file direct from the Gov’t if you want to learn more about the short sale program.
Tagged federal law, guidelines, HAFA, HAMP, news, reference, resource, short sale, short sales
Some more details are emerging on the upcoming Treasure Dept. short sale plan! Who Must be the homeowner’s principal residence. The homeowner is delinquent on the mortgage, or default is imminent The loan was made before Jan. 1 this year and is less than $729,750 The borrowers’ total monthly mortgage payment exceeds 31 percent of [...]
Fresh off the Monday presses comes this news courtesy of Reuters: US Treasury sets guidance to simplify ‘short sales’ Mon Nov 30, 2009 6:48pm EST By Al Yoon NEW YORK, Nov 30 (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and [...]
Tagged HAFA, HAMP, news, reference, short sale, short sales, treasury
The web is all about education and learning so let’s share some knowledge! Here are some great sites we have picked up on that help you do your job: Home Repair Cost Guide – useful when estimating repair costs to submit to the bank HUD-1 Official Form – the “official” form! Field Guide to Short [...]
Tagged advice, comparable search, crime, documents, hints, Links, packages, reference, repair, resources, short sale, short sales, tips