Senators are introducing legislation to shorten the process of a short sale about time. Sen. Scott Brown, R-Mass., along with Sen. Lisa Murkowski, R-Alaska, and Sen. Sherrod Brown, D-Ohio have joined forces and have a bill in the works. The Bill S-2120 aim is to require lenders to shorten the time to get an approval. This Act may be cited as the `Prompt Notification of Short Sales Act'. And if passed would cut the time to 75 days for approval. This is one to watch…
Richard & Janet - Certified Short Sale Professional HAFA - Certified 661-733-0507 OR 733-0508 Keller Williams Realty AV Serving Palmdale, Lancaster in California www.HomesByJR.com www.ShortSaleByJR.com
Comment
I'm my experience the speed in getting a reply to an Offer is not the main issue anymore, it's the counters (valuations).
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.
You need to be a member of Short Sale Superstars to add comments!
Join Short Sale Superstars