How are short sales going to be affected by a Goverment Shutdown?
If your in the middle of a HAFA Short Sale in Temecula, 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's a helpful link to the NAR report on a review of agency contingency plans for the current shutdown: click here.
You can also visit my website to understand Temecula short sales better, http://Realty-World.net/Short-Sale-Agents
All these may sound like a lot to understand. As your Temecula short sale specialist, I'll be glad to walk you through the process and assist you every step of the way.
Call me, Sidney Kutchuk, at 951-217-6745. It’s not too late to short sale your Temecula home. What is this going to cost? There is never any out of pocket costs to you, the homeowner, to have the best Temecula Short Sale Agent on your side.
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