The Treasury Department's HAFA short sale plan had a recent update on March 26, 2010. I talk briefly about the very few changes that I saw in my overview of the program. The biggest benefit is still your use of the seller incentive as a marketing tool.
Fannie Mae (FNMA) is also coming out with some revisions to their pre-foreclosure and short sale guidelines in the next month. The minimum wait time has not decreased from the two years they set in June of 2008, however, they dropped the Deed in Lieu wait period to match the short sale numbers. This is not necessarily beneficial for you getting more short sale listings. However, you need to know when your sellers can qualify for another house.
Finally I talk about using mortgage brokers as a lead source for short sale listings.
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