Nevada City Virtual Tour

Friday, June 3, 2011

Short sales getting faster

Short sales getting faster

When it comes to short sales, the real estate transaction involving a mortgage that is worth more than the home it is tied to has long belied its name as a quick deal.   That is starting to slowly change, thanks to increased bank staffing, a Department of Treasury program that aims to speed up the transactions and more of a general acceptance of the deal.

-according to the Contra Costa Times

ETF and Stock Expert Feed