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Loan Modification
: Mortgage Lender Implode-o-Meter"HAFA" - Foreclosure Warning Dead Ahead!
By Implode-Explode Heavy Industries
Thank Treasury for not telling you about this until the "selling season" had ended and we were in the middle of the winter months when sales are slow - and timing the "required start" date for April 1st, right into the maw of the spring selling season.
If you need to sell your house in the next year this is something you need to take into consideration. A flood of nearly 3/4 of a million houses appear poised to hit the market as short sales and "deed in lieu" sales beginning in April.
Full post as published by Mortgage Lender Implode-o-Meter on January 04, 2010 (boomark / email).
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