Short sales – David Reecher
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their house than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.
For more information, go to David Reecher’s Foreclosure site: Maryland Foreclosure Avoidance