lien: SHORT SALES GET A BOOST
- 06/04/12 03:07 AM
“Short Sales Get a Boost” Second mortgage holders have always been a problem, when it comes to getting a short sale approved and understandably so. They can now get up to $8,500. The treasury increased the amount that the second mortgage holder can receive by $2,500. This is welcome news to the real estate community. Maybe now some of the short sales that have been held up can now get completed. Hopefully, this will speed up the process as well! Treasury Change on Second Lien Release Could Boost Short Sales By: Brian Collins The Treasury Department’s decision to raise the amount (6 comments)