Get PAID to leave your home on a Short Sale?

Didn't really believe it myself, but it appears the current administration in Washington DC is looking at it seriously.  As reported in the NY Times a short sale program is being considered to replace the triple-M (mediocre mortgage modification) program that has very few mortgages being modified.  The proposed program would pay out to investor, mortgage servicer, the seller, and even a 2nd mortgage holder.  Short sales have the possibility to be sources of fraud (i.e. can a borrower really not pay back? how much is the home really worth?).  However, there are several resources and protections for Oregonians facing foreclosure from the State.  For more information about foreclosures and short sales, and their potential pitfalls, feel free to contact the Listed2Sold team at 503-770-0707.