New Bank of America Short Sale Relocation Assistance Program up to $30,000

Bank of America Short Sale Specialist Mark Kunce talks about New Bank of America Short Sale Relocation Assistance Program. Bank of America has launched a nationwide program that offers delinquent mortgage customers increased assistance with relocation expenses — from $2,500 to $30,000 — at the completion of a qualifying short sale! This is a limited-time offer that you won’t want …

Video Blog: New Chase Short Sale Program

I am now a Chase Priority Partner. Chase bank and the banks they service are introducing a new program in Southern California where selected agents are going to have special access to their banking process to expedite short sales.  Often the biggest hurdle to Homeowners interested in completing a Short Sale is a lack of education about the process; as …

Short Sale News: New Guideline Will Make Short Sales Easier for Military Homeowners

Under a new guideline, military members with Fannie Mae or Freddie Mac loans will now have an easier time with short sales. Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco announced in a release Thursday that military homeowners who receive Permanent Change of Station (PCS) orders can sell their homes via short sale without having to go into …

Short Sale News: U.S. Foreclosure Filings Fall 4% As Lenders Increase Short Sales

Servicers started more foreclosures in May from the month before but filings were still down 4% from last year, according to RealtyTrac. “U.S. foreclosure activity has now decreased on a year-over-basis for 20 straight months including May, but the jump in May foreclosure starts shows that it’s going to be a bumpy ride down to the bottom of this foreclosure …