Monthly Archives: October 2011

Obama, court plans could help Florida homeowners facing foreclosure

October 24, 2011|By William E. Gibson and Donna Gehrke-White, Sun Sentinel Tens of thousands of struggling South Florida homeowners could benefit from proposals unveiled by White House and state court officials. President Barack Obama on Monday said “we can’t wait” … Continue reading

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Short Sale Assistance Programs

The Obama administration’s is encouraging short sales with the new Short Sale assistance program (where mortgage servicing companies are paid $1,000 to handle successful short sales and mortgage holders get $1,500 for signing over their property). You’ve  got more compelling … Continue reading

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Bank of America offers $20,000 to do a short-sale

Following the example of Chase Bank, Bank of America, the nation’s largest mortgage servicer, is offering Florida homeowners up to $20,000 to short sale their homes in an effort to get them off their books. This offer from Bank of … Continue reading

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