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Real Estate & Property Law

: Housing Watch

Short Sales Get a Tall Boost From Obama

By Alyssa Katz

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Filed under: News, EconomyUnderwater on your mortgage? Thinking about asking your lender to sign off on a short sale, or even just mailing back the keys? If you've tried to request clearance for a short sale, you know that most banks have hesitated to give an OK to borrowers who want to bail out for less than their property is worth. But thanks to the Obama administration, your moment may have now arrived. As detailed by The New York Times today, starting on April 5th the Department of the Trea read more

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Full post as published by Housing Watch on December 31, 1969 (boomark / email).

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