Short Sale Have a Future?

Does Short Sale Have A Future?One of my Realtor®, http:///www.realtor.com,  friends showed me a letter that her client had received about a deed-in-lieu of foreclosure program (à la Fannie Mae),  http://www.fanniemae.com,  whereby the seller would receive up to $7500 and my friend was a little displeased that her client had received this letter because she was about to close the short sale transaction. Now, however, the client is going to opt for the deed-in-lieu because he might get more … [Read more...]

Short Sale Have a Future?

Does The Short Sale Have A Future?One of my Realtor®, http://www.realtor.com,  friends showed me a letter that her client had received about a deed-in-lieu of foreclosure program (à la Fannie Mae), http://www.fanniemae.com,  whereby the seller would receive up to $7500. My friend was a little displeased that her client had received this letter because she was about to close the short sale transaction. Now, however, the client is going to opt for the deed-in-lieu because he might get more … [Read more...]