New Short Sale Program will pay for homeowners to sell at a loss

Times are changing and the banks are getting pressured to streamline the short sale process due to the overwhelming amount of delinquent notes on the market. And while trying not to tank the economy in the process, by flooding the market with devalued REO’s, they are launching a new program instead.

For More info click the link:      http://www.nytimes.com/2010/03/08/business/08short.html

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