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I have been waiting to get more information on the new short sales changes April 2010. According to HAFA, Home Affordable Foreclosure Alternatives, the new Short Sale Process will be crucially important in 2010. The Treasury department has released new rules to help simplify the “short sale” process, which isn’t “short” at all. For months, the real estate community has... [Read more...]
When you’re browsing through Long Island short sales, don’t fall victim to the “approved” short sale hype. In this article, I will feature one very important aspect of a short sale that will help you determine if a particular short sale is worth pursuing. I’ve seen home listings on MLS that say “approved short sale” for three, four, even six months. In order... [Read more...]