Short Sale News

Latest news:

Video: Understanding Federal Short Sales Rules: HAFA (Revised, Apr. 5)
Webinar: Understanding HAFA--Home Affordable Foreclosure Alternatives Program.
Download Revised Slides: Incentives Payments Changed (PDF: 267K) (Mar. 19)
HAFA ChangesShort Sale Negotiators Will Not Be Paid from Real Estate Commissions (Mar. 16)
Short Sales Commissions Policies

HAFA Commissions Policies (PDF 241K) (Apr. 2)
Freddie Mac Short Sales Commission Policy (PDF 128K) (Oct. 27)
Fannie Mae Short Sales Commissions Policy and Appeals Process (PDF 299K) (Oct. 27)

ShortSale Testimonial

Property Value: $150,000
20427 WILD BERRY , KATY , TX 77449

Total Owed: $157,000
Accepted: $119,000
Time to Negotiate: 94 Days

Recent Houston Preforeclosures

Houston TX 77080 Preforeclosure Shortsale

Trustee Sale Date: Sep 3, 2010
Houston , TX 77080
Owed:$129,000 | Accepted:$106,000

Houston Texas 77072 Preforeclosure Shortsale

Trustee Sale Date: Aug 3, 2010
Houston , Texas 77072
Owed:$233,692 | Accepted:$30,000

KATY TEXAS 77494 Preforeclosure Shortsale

Trustee Sale Date: Aug 3, 2010
KATY, TEXAS 77494
Owed:$58,017 | Accepted:$5,000

Houston Texas 77084 Preforeclosure Shortsale

Trustee Sale Date: Aug 3, 2010
Houston , Texas 77084
Owed:$176,000 | Accepted:$176,000

Houston Texas 77004 Preforeclosure Shortsale

Trustee Sale Date: Jul 6, 2010
Houston , Texas 77004
Owed:$248,558 | Accepted:$72,422

Spring Texas 77388 Preforeclosure Shortsale

Trustee Sale Date: May 4, 2010
Spring, Texas 77388
Owed:$138,600 | Accepted:$76,790

Porter Texas 77365 Preforeclosure Shortsale

Trustee Sale Date: Apr 7, 2010
Porter , Texas 77365
Owed:$263,708 | Accepted:$263,708

HOUSTON TEXAS 77007 Preforeclosure Shortsale

Trustee Sale Date: Apr 6, 2010
HOUSTON, TEXAS 77007
Owed:$396,000 | Accepted:$300,000

Deer Park Texas 77536 Preforeclosure Shortsale

Trustee Sale Date: Apr 6, 2010
Deer Park , Texas 77536
Owed:$254,625 | Accepted:$175,000

Houston Texas 77346 Preforeclosure Shortsale

Trustee Sale Date: Apr 5, 2010
Houston , Texas 77346
Owed:$236,000 | Accepted:$235,999

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