MN REO | Minnesota REO | REO Management » Short sale http://www.reo.mn Asset managers looking for a MN Realtor to manage their inventory of REO properties or ORE homes should contact Minnesota REO agent John Mazzara. MN REO's may present a greater challenge because of our climate and four seasons. Working with an experienced agent committed to your success makes your job easier. Mon, 30 Jan 2012 04:32:02 +0000 en hourly 1 http://wordpress.org/?v=abc

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The Short Sale Process For A Seller http://www.reo.mn/the-short-sale-process-for-a-seller/ http://www.reo.mn/the-short-sale-process-for-a-seller/#comments Fri, 28 May 2010 03:10:11 +0000 Financemyhome http://www.reo.mn/?p=68 This ppt. will explain the basics involved in a short sale. Today, lenders are starting to put in place systems that will make the short sale process work smoother. This presentation covers what is generally involved.

The short sale
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]]> http://www.reo.mn/the-short-sale-process-for-a-seller/feed/ 0 Introduction of Home Affordable Foreclosure Alternatives – Short Sale and Deed-in-Lieu of Foreclosure http://www.reo.mn/introduction-of-home-affordable-foreclosure-alternatives-%e2%80%93-short-sale-and-deed-in-lieu-of-foreclosure/ http://www.reo.mn/introduction-of-home-affordable-foreclosure-alternatives-%e2%80%93-short-sale-and-deed-in-lieu-of-foreclosure/#comments Thu, 03 Dec 2009 04:56:09 +0000 Financemyhome http://www.reo.mn/?p=27 This is FANTASTIC NEWS!!!  FINALLY, they are establishing minimum requirements on resolving the short sale procedural process.  Here is the link to the government news release:

https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf

Short Sales have been difficult to close, and these new measures are a huge step in the right direction. One major highlight: A lender must give a yes or no answer to an offer within 10 days. Also included: a moving allowance, incentives for sellers and lenders, commission rules, and a stipulation that releases sellers from debt liabilities.

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