Comments on: Selling Your Home and Foreclosure

By: Paul Moore

Paul Moore — Sat, 08 Nov 2008 22:24:25 +0000

Thanks for keeping us updated Tim. The article was helpful as is seen in Susan’s comment above. We need all the help we can get in today’s world.

By: Tim Harris

Tim Harris — Wed, 05 Nov 2008 16:24:50 +0000

Hi,
Thanks for publishing this.
We wrote this a few months ago. There have been several changes that make doing a short sale even more beneficial for the homeowner. For example, 2 years after a short sale a person can obtain another FHA mortgage. AND it going to soon be possible for someone to obtain a FHA backed mortgage within 12 months after a short sale as long as they put 15% down.
Bottom line, SS is vastly better for the seller, the bank and our country.
Hope this helps!
Tim Harris
http://www.AgentShortSaleSecrets.com

By: Susan

Susan — Wed, 05 Nov 2008 05:07:00 +0000

I’m glad to see that the points taken off are the same in this article for both foreclosures and short sales. I’ve seen some articles that say one is less than the other, but from the grapevine, it sounds like it isn’t so.