Wednesday, December 02, 2009

Short sale help possible

The federal government is saying they are going to help streamline the process for short sales.

If this is true it is much needed.

At this time buyers and sellers can end up waiting months for an answer from a lender about a short sale.

Even after that the lender can counter or ask for the seller to sign a note. Both items can quickly end any deal.

Short sales are going to be around a very long time particularly in Florida where a large number of homes are worth far less than what owners paid for them.

Anything anyone can do to quicken what is often a very frustrating process is welcome news.

All the best
Greg Owens P.A.
Keller Williams On The Water
941.932.6343
greg@teamworksfla.com
www.teamworksfla.com

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