Homeowners if you are facing foreclosure, DO NOT just walk away consider a SHORT SALE. Wachovia bank is quietly offering homeowners a cash incentive to pusue a short sale instead of foreclosure. This is being done without much fanfare and without much press. Currently Wachovia is the ONLY bank I am aware of that is considering this option and as far as I can tell is only being done is California. However, I would expect multiple lenders to follow and this to be available for Maryland Short Sales soon. As I wrote previously, the Treasure Dept. is finalizing a plan that will provide the same type of compensation. View the entire article on Wachovias' short sale plan .
Upside down in your mortgage, behind on payments contact us today for a free short sale evaluation. You can also find us on Facebook.
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