Short sale incentives for sellers? Real or myth?
I swear I read a New York Times article not long ago stating that the Obama administration was pushing through some program of incentives for all parties involved to encourage short sales. I seem to recall something about a $1500 incentive to the seller for moving expenses. A search here doesn't bring me any answers so does anyone know any more about this? Obviously $1500 to the seller is much more motivation to cooperate through the process and show up at the closing table than nothing. Was this another press release put out to show that our government is doing something and then promptly forgotten about? Is it real? Any info?