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Treasury Releases Guidance for Making Home Affordable.

January 8, 2010 by Marina  
Filed under Home Selling Tips, Marina's Blog, Short Sale/Foreclosure, Today's Real Estate News

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New Short Sale Guidance

To make it more attractive for the services to accept a sale on defaulted properties for less than the outstanding mortgage balance, the US  Treasury is offering incentive payments of $1,000 per completed short sale. Services will also receive $1,000 for each deed-in-lieu of foreclosure.  Read More…

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