Leave it to the National Association of Realtors to initiate a much needed change to the short sale process!
As anybody who has dealt with one knows, short sales should be renamed "long sales." But that could be changing. The chair of NAR's Conventional Finance and Lending Committee already has met with 10 mortgage bankers and servicers in Florida to address the problem.
Read the full story: http://www.floridarealtors.org/NewsAndEvents/n2-051109.cfm
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