Homeowners to Sell at a Loss and get Paid!

The Obama administration has been working to keep defaulting owners in their homes and now paying some of them to leave. This new program starting in April, will allow owners to sell for less than they owe and will give them cash to speed them on their way, is one of the administration’s most aggressive attempts to grapple with a problem that has defied solutions. I think there will be many loop holes to look at here. For example the home owner takes out a second loan goes on a vacation, pays off other depts and then goes to a Short Sale. http://bit.ly/aL6bol