Short Sale Help

I know. I said I would NEVER do another short sale in my life after the last 15month mess. But after having a few good smooth sales close using the new systems banks have put in place, I’m hopeful and looking for the next owner to help.

So, what IS a Short Sale?  Here is a link I’ve found helpful:

Bank Of America Short Sale Program

Here is a YouTube Video (it’s made in Houston but the information is relevant for all)

If you are a home owner under water or experiencing hardships in paying your mortgage, let’s talk. There are options- and all do not include selling your home.

Short Sale Fraud Rising, Freddie Mac Wants Your Help

Unfortunately, there’s been an increase of fraud in the real estate world!  For more information read about it HERE .

Be aware of any unusual happenings, and find tips to help prevent short sale frauds’ continuous rise!

My new closing attorney:

 Leonard of Medley & Kosakoski, LLC
2839 Paces Ferry Rd Ste 850 Atlanta Ga 30339
770 319 7592 P  770 319 7594 F

Saved my butt on a short sale!!! Came through in a flash with HUD- add him to your list and give him some business, can’t thank him enough for helping ME- help my distressed seller!

Countrywide Offers Help to Former Customers

Bank of America, which acquired Countrywide Financial Corp., one of the most active of the subprime lenders, has begun issuing checks to its borrowers who are eligible for foreclosure assistance under an agreement with attorneys general in 40 states.

Borrowers most likely to be eligible for assistance must have experienced a foreclosure, short sale, or deed-in-lieu of foreclosure after taking out a Countrywide mortgage.

Rust Consulting, a third-party administrator, is managing the program, and notifying and paying eligible customers.

Source: Reuters News, Steve Eder