Real estate blog entries tagged with government incentives for short sale by Jon Sutton (The Sutton Group, Southlake TX)

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Home : Blogs : Jon Sutton : Southlake, Keller, Colleyville, Grapevine Real Estate : Tag "government incentives for short sale"

government incentives for short sale: Short Sales Most Likely To Rise With Government Incentives to Lenders - 12/14/09 09:45 AM

A new program that acknowledges that homeowners are unable to afford their homes is intended to speed up the short sale process. "The push right now is for servicers to avoid foreclosure and the push is coming not only from The Obama administration and the Treasury but also from the owners of the loans such as Fannie Mae and Freddie Mac. And the focus right now is on short sales. So, I think in 2010, you're going to see a lot more short sales and hopefully reduced foreclosures," says Travis Hamel Olsen, chief operating officer of Loan Resolution Corporation.
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Jon Sutton

Southlake, TX

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The Sutton Group, Southlake TX

Address: 2140 E Southlake Blvd Suite L#310, Southlake, TX, 76092

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