short sales process: Homeowners to Be Eligible for Government Payments in New Short Sale Guidelines - 03/08/10 11:29 AM
On March 4, 2010 the Obama Administration published detailed program guidelines and authorized
servicers to begin modifications and refinancings under the plan.  The plan is designed with
the goal of preventing foreclosures and streamlining and expediting the short sale process. 
You can read the complete Treasury press release
In the short sale process, lenders agree to accept less than what is owed on the property
due to declining home values and hardship on the part of the borrower.  The process is
fraught with frustration for both buyers and sellers due to protracted time frames involved.
Highlights of the program involve:
Borrower eligibility:  Before … (4 comments)

 
Lea Deo, Shawnee Real Estate Agent, Johnson County Real Est (Keller Williams Legacy Partners, Inc.) Rainmaker large

Lea Deo

Shawnee Real Estate Agent, Johnson County Real Est

Shawnee, KS

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Keller Williams Legacy Partners, Inc.

Address: 21648 Midland Drive, Shawnee, KS, 66218

Office: (913) 825-2136

Mobile: (913) 233-9547

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This blog gives you information about the Shawnee, KS real estate market and Shawnee homes for sale. Shawnee home buyers will appreciate learning about the Shawnee real estate market and the larger Kansas City real estate market. If you have questions that aren't answered here, please feel free to call me at 913-233-9547 or email me at Lea@LeaDeo.com and I'll get you the answers to your Shawnee real estate questions.


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