Government Shutdown and Short Sales.
How are short sales going to be affected by our Goverment Shutdown.
If your in the middle of a HAFA Short Sale your in luck. See below....
The US Treasury Programs "Making Home Affordable" including HAMP and HAFA, will not be affected as these programs are funded through the Emergency Economic Stabilization Act which is mandatory spending not discretionary.
You may be out of luck if the buyer is depending on a loan that needs to be funded and the lender can not verify important information. Here is a link to the NAR report on a review of agency contingency plans for the current shutdown.
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