{"id":25544,"date":"2009-09-21T17:59:15","date_gmt":"2009-09-21T21:59:15","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=25544"},"modified":"2019-04-23T20:55:38","modified_gmt":"2019-04-23T20:55:38","slug":"short-sale-government-to-accelerate-the-process","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/short-sale-government-to-accelerate-the-process\/","title":{"rendered":"SHORT SALE GOVERNMENT TO ACCELERATE THE PROCESS"},"content":{"rendered":"

Distressed sales \u2014 including short sales and foreclosures \u2014 accounted for nearly one-third of all house re-sales<\/a> in recent months <\/strong>The Obama administration has agreed to make the short sale process much easier and quicker for homeowners wanting to start the short sale process. <\/strong>http:\/\/www.housingwire.com\/2009\/09\/10\/federal-incentives-coming-for-short-sales-deeds-in-lieu\/<\/a>. <\/strong><\/p>\n

US Treasury Department <\/strong>sources confirmed to <\/strong>Housing Wire<\/strong><\/em> the Treasury expects to issue details on the short sale and deed-in-lieu program later this month. \u00a0Making Home Affordable (MHA) Program is on track to provide modifications and refinancing to millions of homeowners, but noted other foreclosure alternatives exist.\u00a0 The program will standardize the process, documentation and short performance timeframes.<\/strong><\/strong><\/p>\n

Short sales have been avoided in the past months due to the long delays by the banks.\u00a0 This is going to change, and many homeowners will avoid the foreclosure process and \u00a0hopefully save their credit by the less drastic measure of a short sale.<\/strong><\/p>\n

Not all agents are abreast of the short sale process, so speak to one that has the knowledge and expertise to guide through the process.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Distressed sales \u2014 including short sales and foreclosures \u2014 accounted for nearly one-third of all house re-sales in recent months The Obama administration has agreed to make the short sale process much easier and quicker for homeowners wanting to start the short sale process. http:\/\/www.housingwire.com\/2009\/09\/10\/federal-incentives-coming-for-short-sales-deeds-in-lieu\/. US Treasury Department sources confirmed to Housing Wire the Treasury<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5395,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"\nSHORT SALE GOVERNMENT TO ACCELERATE THE PROCESS - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/short-sale-government-to-accelerate-the-process\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHORT SALE GOVERNMENT TO ACCELERATE THE PROCESS - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Distressed sales \u2014 including short sales and foreclosures \u2014 accounted for nearly one-third of all house re-sales in recent months The Obama administration has agreed to make the short sale process much easier and quicker for homeowners wanting to start the short sale process. http:\/\/www.housingwire.com\/2009\/09\/10\/federal-incentives-coming-for-short-sales-deeds-in-lieu\/. 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