It is now more clear than ever, that we are going to see Short Sales and quite possibly Short refinances become the preferred liquidation of property means by lenders, as now we have the government becoming a stakeholder in the Short Sale process. This has really been on the cards for months, as there is no way we are going to see this mountain of foreclosures come onto the market as has been predicted since last May, in an election year and more than ever, this article tells the story, enjoy!!!!
http://www.cnbc.com/id/35762827
Thursday, March 11, 2010
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