New Treasury Guidelines for Short Sales

The US Treasury has handed down new guidelines to lenders for dealing with short sales.  In addition to some cash incentives the lenders will be responsible for responding to offers within 10 days.  There are 83 banks that will be required to follow these guidelines.  To read more of the article go to: http://www.miamiherald.com/business/story/1421797.html

Jim Gruler, CDPE, CNE
Designated Broker
Hunter James Properties
602-618-6728