News Alerts For Short Sales Sunday April 18, 2010

News Alerts for: Short Sales

Mohave Valley News March sales help shrink local inventory Mohave Valley News Eight short sales closed in March. Along with the 55 foreclosures that sold, 59 percent of the properties that closed were distressed. ... See all stories on this topic

Selling out for less Jackson Clarion Ledger Uncle Sam has rolled out new legislation aimed at making the alternative - short sales - easier. The government's new legislation, the Home Affordable ... See all stories on this topic

The Virginian-Pilot New rules may help homeowners during a short sale The Virginian-Pilot Short sales have gained a reputation for being long and complicated, both for the seller and potential buyers. Sellers first must convince their lender that ... See all stories on this topic

Changes Coming to the Short Sales Program Prescott eNews Well finally Fannie Mae is addressing Short Sales. They are implementing a new short sale policy so here is what your short sale seller has to look forward ... See all stories on this topic

Distressed property boosts sales at SC resort town Myrtle Beach Sun News "There is actually a dangerous trend happening with the decline of regular sellers versus bank-owned property and short sales," Michelle Hallstrom, ... See all stories on this topic

Why a short sale often takes so long Sarasota Herald-Tribune Sometimes short sales bring more cash than foreclosures, and vice-versa. Which one it is depends on a host of factors, not the least of which is whether a ... See all stories on this topic

On the Market: Short sales Los Angeles Times (blog) For more information about HAMP programs, visit Making Home Affordable.gov or call (888) 995-4673. Here are a few of the many short sales on the market. See all stories on this topic

An Alternative to Foreclosure Wall Street Journal By ANNA PRIOR The federal government launched rules earlier this month to help facilitate short sales. But for some homeowners who are unable to complete a ... See all stories on this topic

Housing rebound uncertain Fort Wayne Journal Gazette In addition, Brown said somewhat depressed housing prices might start to rise if foreclosures and short sales ease. In a foreclosure, a lending institution ... See all stories on this topic

Elder-Care Home Foreclosures, Without Warning New York Times (blog) Jeffrey Lai, an administrator of carehomesusa.net, a four-year-old clearinghouse for such properties, said in an interview that short sales — sales based on ... See all stories on this topic

 

Short Sale News and Links

Homeowners Seeking Short Sales For Underwater Mortgage May Get Help From Lenders Red, White, and Blue Press (blog) While many homeowners are just walking away, caring little for their credit score, others are looking to short sell their home. A short sale has been said ... See all stories on this topic

FHA Guidelines and Seasoning Issues no Problem for Short Sale Funding and ... Emailwire (press release) (blog) Real estate investors who work with pre-foreclosures and short sales have become frustrated due to how difficult it is to close short sales and make a ... See all stories on this topic

Short sales spread to a Sacramento apartment complex Sacramento Bee (blog) It's not news in the least that short sales are a routine now in Sacramento's distressed housing market. But we got a report this afternoon of possibly the ... See all stories on this topic

Short sales are killing market values across entire nation St. George Daily Spectrum The most detrimental trend impacting the market currently is the short sale epidemic. The implications have affected market values nationwide. ... See all stories on this topic

The tax burden for short sales may disappear Santa Rosa Press Democrat (blog) by real.estate Short sales have helped some cash-strapped homeowners get rid of one financial burden, only to be hit by a new one. The term “short sale” ... See all stories on this topic

Federal program aims to shorten the short sale process WWSB ABC 7 Banks now have 10 days to accept or deny an offer on a short sale. This could help the real estate market in Florida and get rid of the flood of short sales ... See all stories on this topic

 

Ozarks First

New Program Helping Struggling Homeowners Avoid Foreclo...Ozarks First HAFA is a new program working with homeowners to short sale their home, if there are no other options. There's also compensation to the seller doing the ... See all stories on this topic