Real Estate Investing:Sacramento Short Sales & MORE $$$ for Home Buyers

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Once the moratorium is over in California, Foreclosures will once again be KING unless and until the banks figure out that they are far better off with Short Sales.

However, Short Sales are plentiful.  With Wachovia, now Bank of America has been working on streamlining the Short Sale process.  This is GOOD news as it has been an antiquated system to say the least.

We need to have an ESTABLISHED procedure for ALL Short Sale including how the listing agents are handling them.

Hopefully, more banks will get on-board and get this coveted on-line system for Short Sales.

As a Short Sale specialist, I welcome the new Short Sale procedure!

If  Congress passes the NEW bill for home buyer tax credit, this will be quite a coo for home buyers.  How does ,000 sound to you?

Not only is the added money a thrill but more importantly a change in the income requirement will be in my opinion a definite push in the right direction for real estate and the recovery.