National Mortgage Debt Relief Act "under contract" deadline

Does anyone know if there is a deadline for short sales to be under contract by, to still qualify for the NMDR?  It looks like it is going to expire on 12/31.  I've heard nothing about a renewal.  And it might have been my imagination, but I thought I heard that any sale under contract by 12/15, would still qualify.  Any information would be greatly appreciated.  Thanks!

Views: 161

Reply to This

Replies to This Discussion

My understanding is the short sale transaction must Close prior to 12-31-13, just like it was for 2012.

I believe the under contract by 12-15-13, and close by 09-2014, is HAFA.

RSS

Members

© 2024   Created by Short Sale Superstars LLC.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************