As of April 5, 2010 new rules have gone into effect to help homeowners – if you are not able to qualify for a mortgage modification and not able to make your mortgage payments, here is a graceful way for you to exit your home.
Short sales have always been available, but this is a major step towards streamlining the process, more incentive for the 1st mortgage and 2nd mortgage to cooperate. PLUS, the mortgage company will be required to give you an answer within 10 days. WOW, that’s a big improvement.
Watch the below video about the changes, and call me for help with your individual situation: 303-944-1153 or email me at blog@DreamsCanHappen.com.