Relevant:
- Banks Paying as Much as $35,000 Cash to Homeowners in Short Sales; Why and How Many?
- FHA Short-Sale Program may have Cost HUD $1 Billion in False Claims
- 3 Reasons You Want A Short Sale Over A Foreclosure
- Lenders more open to Short Sales
- Short sale dynamics -- short sales recorded the highest number of transactions in three years during the first part of 2012. What data do we have on short sales with second mortgages?
2012-02-20 — usatoday.com
"Lenders are allowing more short sales by financially strapped homeowners and a few people are even getting cash to complete the sale."
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