This Changes Everything You Knew About Short Sales

I just came back from a meeting with the Regional Sales Manger, REO Division, for a major bank. He told me that they have a new streamlined short sale process that should make the process very similar to a conventional sale. Go from offer to closing in 30 days!

It's been very successful in Northern California and they are now going to offer the proram in Southern California. I won't go into the details here, but part of the motivation is that they have incentives from the government to do short sales instead of foreclosures.

Their goals are:
1. Modification first using Home Affordability Modification Program guidelines (HAMP);
2. Do a short sale if possible
3. Foreclosure is the last resort.

And this one really floored me, you don't have to be behind in your payments! Even cash for keys is possible! These are exciting developments that could really help you if you find yourself struggling to make those mortgage payments. Call me right away to see if this applies to you, what have you got to lose? 800-469-6391.