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Updated almost 15 years ago on . Most recent reply

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265
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41
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Edwin De leon
  • Investor
  • bronx, NY
41
Votes |
265
Posts

What Are The Ways To Invest In Short Sales As Of April 2005

Edwin De leon
  • Investor
  • bronx, NY
Posted

1) as of this april 5th 2010 what changes must real estate investors make now in how they go after short sales

2) what are the best strategies in how to invest in short sales now

Most Popular Reply

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446
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233
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Jason S.
  • Investor
  • Diamond Bar, CA
233
Votes |
446
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Jason S.
  • Investor
  • Diamond Bar, CA
Replied

Edwin,

Read through the 43 page PDF on the program and many of your questions will be answered. The homeowner must enter the HAFA program, which, among other things requires the homeowner to make monthly payments while in the program. It will be interesting to see how many homeowners who have not been paying their mortgage for 12+months suddenly start making payments just to ensure they can get a short sale, something they can already get approved. either way - this is what he said by "entering the program" - the homeowner has an option of whether or not to participate - unlike health care - oh sorry wrong forum.

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